Winsome Resources announces outstanding metallurgical results from Adina Lithium Project

Winsome Resources (ASX: $WR1) has received exceptional metallurgical results from test work on drill core samples from the Adina Lithium Project in the Eeyou Istchee James Bay region of Québec, Canada. The test work demonstrates recoveries ranging from 66% to 82%, producing a 6% Lithia (Li20) concentrate using Heavy Liquid Separation (HLS). The results indicate the potential for a dense media separation (DMS) only processing route. The Adina Lithium project hosts an Inferred Mineral Resource of 59 million tonnes at 1.12% Li20, with an upgrade due H1 2024. Maiden project studies for Adina are on track for completion in the second half of 2024, and drilling is currently underway to supply a further set of samples for a comprehensive metallurgical test work program planned for 2024.

Winsome's Managing Director, Chris Evans, on the exceptional metallurgical results

These test work results are outstanding and point to the excellent development opportunity Adina presents. They show Adina can potentially be beneficiated to a 6% Li2O concentrate with DMS only. Using DMS to produce a concentrate potentially results in a lower environmental impact as well as lower costs with less comminution (crushing), power, carbon footprint and chemicals needed as well as lower capital cost. These attributes can help optimize the approvals process, allowing Winsome to further advance on its development pathway. We are awaiting the results of the flotation and other metallurgical test work to allow us to complete our scoping trade off studies to develop the most economically optimal flowsheet for Adina. The most important take-away from these results is having multiple options for the Adina process flowsheet which provides flexibility to respond to changes in the capital and commodity markets. I am especially pleased we are now commencing a comprehensive metallurgical test work program which will support our project studies later this year.

Summary of Winsome Resources' exceptional metallurgical results and outlook

Winsome Resources has announced exceptional metallurgical results from the Adina Lithium Project, demonstrating recoveries ranging from 66% to 82% and the potential for a dense media separation (DMS) only processing route. The project hosts an Inferred Mineral Resource of 59 million tonnes at 1.12% Li20, with an upgrade due H1 2024. Maiden project studies for Adina are on track for completion in the second half of 2024, and drilling is currently underway to supply a further set of samples for a comprehensive metallurgical test work program planned for 2024. The company is awaiting the results of the flotation and other metallurgical test work to complete scoping trade off studies and develop the most economically optimal flowsheet for Adina. Winsome Resources aims to maximize both lithium recoveries and concentrate quality, with the upcoming test work set to include additional HLS and flotation tests, as well as ore sorting and comminution studies, guiding the development of the plant design and detailed cost analysis to advance project studies.