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Has Winsome Resources Discovered a Lithium Goldmine in Quebec's Adina Project? — ASX:WR1| ASX Mining News & Discussion
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Lykeshares
2y
Official
$WR1
Has Winsome Resources Discovered a Lithium Goldmine in Quebec's Adina Project?
Winsome Resources Expands Lithium Mineralisation by Over 300m at Adina Project in Quebec, Canada
27 November 2023
In a significant stride towards lithium exploration and development, Winsome Resources (ASX:WR1) makes a resounding announcement. The company proudly discloses that its systematic drilling initiatives have resulted in a remarkable extension of lithium mineralisation by over 300 meters at the Adina project, nestled in the James Bay region of Quebec, Canada.
Unveiling Mineralisation Expansion: A Promising Endeavor
Recent drilling outcomes have proven instrumental in broadening the strike length of mineralisation, expanding it to a staggering 1340 meters. This milestone affirms the continuous mineralisation between Adina Main and Adina East, marking a substantial step forward in mapping and comprehending the expansive lithium resources within the Adina project.
High-Grade Discoveries and Accelerated Drilling
The drilling endeavors have not only reaffirmed the continuity of high-grade mineralisation north of Adina Main but have also produced encouraging outcomes from the near-surface up-dip extensions of
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the Main and Footwall Zones, as detailed in Table 1 of the company's findings.
With the remobilisation of rigs post-wildfire emergencies, Winsome Resources has intensified its drilling efforts. Currently, four drill rigs are dedicated to extensive resource drilling to delineate the burgeoning body of lithium mineralisation at Adina. An additional fifth rig is poised to commence exploration drilling on fresh targets within the Adina project.
Concurrent Project Development and Environmental Studies
Winsome's commitment to project development and environmental diligence remains evident. On-site initiatives encompass crucial resource, environmental, and project development studies, including an aquatic DNA testing program and the installation of a weather station. These crucial efforts are pivotal in gathering baseline environmental data necessary for forthcoming project approvals.
Director's Optimism and Future Projections
Chris Evans, Winsome's Managing Director, expressed his contentment with the continued intersection of high-grade lithium mineralisation. He expressed optimism about the ongoing drill results and the company's unyielding commitment to advancing various project studies concurrently with drilling operations. Evans affirmed the company's proactive measures to expedite future assay results, ensuring minimal delays in expected publications regarding the Mineral Resource Estimate (MRE) at Adina.
A Dynamic Path Ahead for Winsome
As 2023 progresses, Winsome Resources foresees an exceptionally active period. The company is geared up to accomplish numerous work programs, alongside an extensive list of targets that demand drill testing. This vibrant trajectory underscores Winsome's unwavering dedication to delineating and unlocking the immense potential of lithium resources within the Adina project.
Winsome Resources' recent strides in extending lithium mineralisation at the Adina project showcase promising prospects for the company. As they press forward with fervor, the industry eagerly anticipates further breakthroughs and revelations within the realm of lithium exploration and development.
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Lykeshares
133d
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Berkshire is hoarding so. much. cash.
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Lykeshares
133d
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Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares
164d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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