Winshear Enters Option Agreement on the Portsoy Nickel - Copper - Cobalt Project, Scotland

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[{"type":"text","content":"Winshear Enters Option Agreement on the Portsoy Nickel – Copper – Cobalt Project, Scotland\n\n\n\n VANCOUVER, British Columbia, Aug. 11, 2025 (GLOBE NEWSWIRE) --\n \n Winshear Gold Corp.\n \n (\n \n TSXV: WINS\n \n ) (‘Winshear’ or the ‘\n \n Company’\n \n ) is pleased to announce that, subject to the approval of the TSX Venture Exchange (the ‘\n \n TSX-V\n \n ’), on August 7, 2025, it entered into an arms length agreement with Peak Nickel Limited (“Peak Nickel”), a private UK registered company, whereby Winshear can earn a 100% interest in the 250km\n \n 2\n \n Portsoy Project, located in Aberdeenshire, Northeast Scotland (\n \n Map 1\n \n ). No Finders Fees are payable.\n \n\n\n Richard Williams, CEO of Winshear, stated\n \n\n “The Portsoy Project represents a tremendous opportunity to develop a new nickel – copper – cobalt project in Scotland. Nickel and cobalt are both listed on the U.K.’s Critical Minerals list and the EU’s Strategic Raw Materials list. Exploration completed to date at the Rodburn Target within the Portsoy Project has demonstrated the presence of near surface, high-grade nickel – copper – cobalt sulphide mineralisation. We have only scratched the surface of this system, and look forward to commencing the next drill programme as soon as possible.”\n \n\n\n\n The Portsoy Project Overview and History\n \n\n\n\n Drilling has confirmed the presence of massive, semi-massive and disseminated nickel – copper – cobalt sulphide mineralisation hosted within a mafic / ultramafic intrusive complex;\n \n\n The Portsoy Project includes the Rodburn Target, discovered in the early 1970s by Exploration Ventures Ltd (EVL), a Goldfields / Rio Tinto joint venture company;\n \n\n EVL drilled 26 holes (4,115m) at Rodburn, outlining a northeast trending, northwest dipping sheet of sulphide mineralisation (now named the South Zone), intersecting up to 12.6m grading 1.1% Ni and 0.33% Cu. Cobalt was not assayed for. (Wilks, G.F. (1974)\n \n 1\n \n ; Wilks, G.F. and Smith, M.R.M. (1976)\n \n 2\n \n . Note - the EVL drilling and the intersect mentioned herein is historic in nature and is only used for reference purposes;\n \n\n EVL’s programme was halted in the mid 1970s due to legal issues ...

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