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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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.