Latest Winsome Resources (ASX:WR1) News

Winsome Resources’ subsidiary partners with Eskan Consulting to advance the Trans-Atikh Project, unlocking federal funding and Indigenous-led infrastructure development in Quebec’s lithium sector.

Winsome Resources has completed its share entitlement in Power Metals Corp, now holding a 16.1% stake and retaining key offtake rights for lithium and other critical minerals from Power Metals’ Ontario project.

Winsome Resources has resolved a regulatory hurdle to receive 17.65 million shares in Power Metals Corp, increasing its stake to 16.15% and reinforcing its position in critical minerals. Combined with a strong cash balance, this move strengthens Winsome’s liquidity and strategic outlook.

Winsome Resources has identified multiple new high-grade cesium and lithium mineralisation zones at its Sirmac-Clapier Project in Quebec, setting the stage for drilling later this year.

Winsome Resources has terminated its option to acquire the Renard Project, choosing instead to focus on advancing its flagship Adina Lithium Project amid shifting market conditions.

Winsome Resources progresses key permitting and exploration milestones at its Adina Lithium Project while maintaining a strong cash position and deferring the Renard Option decision amid subdued lithium market conditions.

Winsome Resources has resumed targeted exploration for high-grade cesium mineralisation at its Sirmac-Clapier Project in Quebec, aiming to define drill targets following promising 2024 results.

Winsome Resources has received crucial Environmental and Social Impact Assessment guidelines from Québec authorities, marking a significant regulatory milestone for its Adina Lithium Project. This development sets the stage for detailed environmental studies and stakeholder engagement ahead of the project's next phase.

Winsome Resources signals it is unlikely to exercise the Renard Option by August 2025 due to ongoing lithium market volatility, while maintaining strong focus and funding for its flagship Adina Lithium Project.

Winsome Resources navigates lithium market headwinds by optimizing capital, progressing the Adina Lithium Project’s regulatory and feasibility milestones, and expanding its strategic footprint with a high-grade cesium-lithium discovery and extended Renard acquisition option.

Winsome Resources has raised approximately A$7.8 million through a placement to advance its flagship Adina Lithium Project and extend the Renard Option to August 2025, with plans for an additional share purchase plan targeting A$2.5 million.

Winsome Resources advances its lithium and cesium portfolio with a new high-grade discovery at Sirmac-Clapier and a growing stake in Power Metals’ Case Lake project, positioning itself strongly in critical minerals.