Winsome Resources Secures AU$25 Million Funding for Adina Lithium Project

Jun 17, 2024

Winsome Resources (ASX: WR1) announced that it has secured firm commitments of AU$25 million in funding through a Flow-Through Share Placement and an Institutional Share Placement. This funding will be instrumental in advancing the Adina Lithium Project and furthering its exploration and development efforts.

Winsome Resources recently revealed an update to the Mineral Resource Estimate (MRE) for Adina, showcasing an increase in the Mineral Resources to 78Mt at 1.15% lithium oxide where drilling intersected 61.5m at 1.62% Li2O outside the MRE. In addition to the Adina project, it is committed to continuing exploration at our Cancet and Tilly projects, where high-grade lithium mineralization has already been identified. Furthermore, the acquisition of the Sirmac-Clappier and recent Jackpot projects has expanded our exploration portfolio.

 

 

 

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