For period ending 30 June 2022

Winsome Resources (ASX:WR1; “Winsome” or “the Company”) is pleased to present the company's quarterly activities report for period ending in June 30, 2022.


Quarter Highlights

Exploration

  • Completed 2,142m, 22-hole infill and extensional winter drill program at Cancet
  • Deployed exploration field teams to Decelles and Cancet
  • Entered into exclusive option agreement to acquire 240 claims at the highly prospective and well located Mazerac property near Rouyn, Quebec

Health and safety

  • In excess of 3,500 hours worked on site at Cancet as part of the drilling and survey programs with no lost time or safety incidents
  • All contractors and staff remained COVID safe throughout winter exploration activities

Corporate

  • Focus on activities designed to enhance investment opportunities, manage costs, and establish/grow strategic relationships
  • Attendance at PDAC and Fastmarkets Lithium Supply & Battery Raw Materials conferences in North America
  • Geologist from the Ministry of Energy and Natural Resources (MENR) visited Cancet and Adina to familiarise the MENR with Winsome projects, discuss Government grants and incentives, and understand permitting and approval timelines and requirements for exploration and resource development
  • Acquired and deployed new equipment and facilities to enhance site access and inhouse exploration capabilities
  • Commenced recruitment process for inhouse senior geologist reduce reliance on contractors


EXPLORATION ACTIVITIES

Mazarac acquisition

Winsome continued its partnership with Glenn Greisbach, the Quebec regional geology specialist from whom the Company acquired the Decelles project option in January 2022, to secure a further exclusive option. The option is to acquire 258 claims totalling 149km2 in the prospective Mazarac region of Quebec. This is within the greater Decelles area and is located close to the mining centres of Val-d’Or and Rouyn-Noranda, approximately 600km from Montreal. The Company has signed an exclusive option agreement to explore and subsequently acquire the claims over a 24-month period.


Click here for the full ASX Release

This article includes content from Winsome Resources Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.


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