Winsome Resources Limited · ASX:WR1
Winsome Resources — Investor Presentation (July 2023)
20 slides from Winsome Resources's investor presentation, July 2023
Slide 1: Investor Presentation July 2023 – Maiden Lithium Resource, Rapid Development
INVESTOR PRESENTATION I July 2023 MAIDEN LITHIUM RESOURCE – RAPID z DEVELOPMENT Extensive drilling program underway and more scheduled Dual flagship assets Adina and Cancet headline portfolio Near surface spodumene lithium with high grade thick ASX: OTCQB: FSE: mineralized intercepts drilled WR1 WRS
Slide 2: Important Information
IMPORTANT INFORMATION This presentation has been prepared and issued by Winsome Resources Limited (the “Company") to inform interested parties about the Company and its progress. The material contained in this presentation sets out general background information on the Company and its activities. It
Slide 3: Important Information
IMPORTANT INFORMATION The exploration results and exploration targets referred to in this presentation were first announced in the ASX announcements referred to throughout the presentation (Previous Announcement). Winsome is not aware of any new information in respect to these exploration results an
Slide 4: Major Highlights
MAJOR HIGHLIGHTS Exceptional assay results – flagship lithium projects Adina and Cancet 1.34% 1.64% 1.78% 1.92% 3km Li2O over 107.6m from Li2O over 47.4m Li2O over 23.0m from Li2O over 18.0m from Strike of high-grade 2.3m to 109.9m at Adina1 from 32.7m2 55.1m3 48.0m4 lithium mineralisation HIGH QUAL
Slide 5: Growth Strategy – Maiden Resource
GROWTH STRATEGY – MAIDEN RESOURCE 1 2 3 CONTINUE EXECUTION OF GREENFIELD STRATEGIC ADVANCED LITHIUM ACQUISITION PATHWAY ACQUISITIONS – EXPLORATION PLAN ADVANCED STAGE • Claims held in highly sought after • Exclusive option to acquire 669 • Undervalued assets in Canada that: region of Quebec, Canada
Slide 6: Achievements & Outlook
ACHIEVEMENTS & OUTLOOK SUCCESSFUL COMMERCIAL AND PROJECT MILESTONES Exploration Drilling Exploration & Resource Drilling • Cancet Drilling • Cancet & Adina • Adina Drilling Study Work • Cancet & Adina Jan - Mar Apr-June July - Sept Oct-Dec 2022 2022 2022 2022 Listed on FSE Mazerac acquisition Summer
Slide 7: Quebec and James Bay Spotlight
QUEBEC AND JAMES BAY SPOTLIGHT ASX:WR1 - FSE:4XJ - OTCQB:WRSLF | INVESTOR PRESENTATION 7
Slide 8: Adina Resource Development
ADINA RESOURCE DEVELOPMENT ADINA DRILLING • 3 x Heli Portable diamond rigs • Resource Development & Extensional • Geophysical & Field exploration 8. Refer to Winsome Resources Ltd ASX announcement dated 3 April 2023 entitled Lithium mineralisation confirmed over 3km trend at Adina ASX:WR1 - FSE:4XJ
Slide 9: Adina Main & FW Zones with Ridge and Far East Zones – Plan
ADINA MAIN & FW ZONES w/r to RIDGE (Original) & FAR EAST ZONES Anomalies (to be drilled) Far East Zone Footwall Zone Main Zone Adina Main & FW Ridge Zone Zones w/r to Ridge (original) (original) and Far East Zones – Plan view ASX:WR1 - FSE:4XJ - OTCQB:WRSLF | INVESTOR PRESENTATION 9
Slide 10: Adina Drilling Campaigns
ADINA DRILLING CAMPAIGNS Image 1: Adina arial photograph Image 2: Adina core spodumene samples Image 3: On-the-ground geology team deployed at Adina ASX:WR1 - FSE:4XJ - OTCQB:WRSLF | INVESTOR PRESENTATION 10
Slide 11: Adina Drilling Campaigns – Assays
ADINA DRILLING CAMPAIGNS – ASSAYS Drill Hole AD-22-005 - 1.34% Li2O over 107.6m from 2.3m to 109.9m: · 1.52% Li2O over 20.7m from 2.3m to 23.0m · 2.21% Li2O over 30.0m from 41.0m to 71.0m · 1.05% Li2O over 26.5m from 71.0m to 97.5m · 0.96% Li2O over 6.9m from 103.0m to 109.9m9 • 1.64% Li2O over 47.4
Slide 12: Adina Footwall Zone
ADINA FOOTWALL ZONE 5: Refer ASX Release 23 March 2023 Further assays confirm Adina as a robust, high-grade lithium project ASX:WR1 - FSE:4XJ - OTCQB:WRSLF | INVESTOR PRESENTATION 12
Slide 13: Adina Gravity
ADINA GRAVITY 11: Refer ASX Release 03 April 2023– Lithium mineralisation confirmed over 3km trend at Adina ASX:WR1 - FSE:4XJ - OTCQB:WRSLF | INVESTOR PRESENTATION 13
Slide 14: Adina Resource Development and Indicative Development Timeframe
ADINA INDICATIVE DEVELOPMENT TIMEFRAME RESOURCE 2026/2027 2024 2024 DEVELOPMENT AND 2023 Resource Upgrade STUDIES Maiden Resource PFS 2024 PEA Resource Upgrade 2025 PFS Resource Upgrade 2026/27 DFS Final Investment Decision Construction Commissioning First Product ASX:WR1 - FSE:4XJ - OTCQB:WRSLF | I
Slide 15: Cancet Drilling Campaign – Spodumene Crystals
CANCET DRILLING CAMPAIGN - SPODUMENE CRYSTALS CANCET EXPLORATION • Visible pegmatites drilled • Diamond drilling on existing mineralised area • Geochemical field work 12. Refer to Winsome Resources ASX announcement dated 10 August 2022 entitled Cancet Exploration update – surface stripping and mappi
Slide 16: Power Metals Corp – Strategic Investment & Offtake
POWER METALS CORP – STRATEGIC INVESTMENT & OFFTAKE CASE LAKE PROJECT – LITHIUM, CESIUM & TANTALUM • 100% offtake for Lithium, Cesium and Tantalum • 10% stake in Power Metals (TSX:V:PWM) • Board Position • Strategic Partnership • In excess of 13,000m of drilling completed • Mineralisation for lithium
Slide 17: Decelles & Mazerac – Latest Acquisitions
DECELLES & MAZERAC – LATEST ACQUISITIONS • Option Agreement signed Jan & May 2022 acquire 669 claims, 38,000 Ha in highly prospective lithium area near mining centres of Val d-O’r and Rouyn-Noranda • Recent lithium discoveries in adjacent Cadillac claims by Vision Lithium and Sayona Mining • Opportu
Slide 18: Experienced Team
EXPERIENCED TEAM BOARD Stephen Biggins Chris Evans Dr Qingtao Zeng Justin Boylson NON-EXECUTIVE CHAIRMAN MANAGING DIRECTOR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR Mr Biggins was until recently Managing Director of Core Lithium Mr Evans has a strong Lithium background with close Dr Zeng complet
Slide 19: Investment Highlights
INVESTMENT HIGHLIGHTS Strong cash position – successful Growing leadership – experienced Canadian hard-rock lithium assets – 13,000m drilling completed at Adina – capital raise of A$52m (Feb 2023) Board and Senior Management teams timing, location and commodity with high grade, thick intercepts over
Slide 20: WR1 4XJ WRSL
ASX: FSE: OTCQB: WR1 4XJ WRSL F PERTH OFFICE Level 1, 16 Ord Street West Perth WA 6005 Chris Evans M +61 419 853 904 E cevans@winsomeresources.com.au
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