Winsome Resources Limited (ASX:WR1)

Chris Evans
MD
Market Cap (AUD): 43.03M
Sector: Unclassified
Last Trade (AUD): 0.31 -0.01 (-3.13%)
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1. About

Winsome Resources Limited (ASX:WR1) is a lithium-focussed exploration and development company with three project areas in the James Bay Region of Quebec Province, Canada.  All three projects Cancet, Adina and Sirmac-Clappier are 100% owned by the Company.

Cancet is the Company's most advanced lithium asset of the three projects, comprising of 395 claims for a total area in excess of 20,000Ha. It is located 155km East of Radisson, within a favourable geological setting with a well mineralised spodumene bearing pegmatite. None of the projects within the Company's portfolio are geologically constrained, offering further exploration potential.

Cancet Lithium alone has been by a JORC 2012  compliant exploration target of 15-25MT @ 1-2% Li2O + 100-250 ppm Ta2O5 (refer to MetalsTech ASX announcement 9 November 2017 Significant Exploration Target at Cancel Lithium).

Quebec is a well established mining jurisdiction, rated amongst the top globally by the Fraser Institute with world class infrastructure and support for mining development projects.

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6. History

7. Team

8. Financials

9. Risk