Winsome Resources outlines next steps for Adina lithium project

WinSome Resources strives to find a strategic partner for his Adina Lithium project in the James Bay region of Quebec “in the next six months”, so that he can move forward with other studies and, possibly, construction.

ADINA, a speaking lithium deposit lasts for the first time discovered for the first time in 2016, has an estimated resource at 78 million tonnes (MT) at 1.12% lithium oxide. According to a framing study published by WinSome last September, ADINA has an average expected production of more than 256,000 tonnes per year of sprodule concentrate over the lifespan of 21 years.

WinSome hopes to acquire and reuse the existing infrastructure at the Renard diamond mine to treat Adina ore. He obtained an option in April 2024 to acquire Renard, located 60 km south of the proposed lithium project.

“All the infrastructure is there: an airport, a power plant, housing – and especially the lithium processing plant. Operating technology During an interview with the PDAC 2025 earlier in March.

The next stage of WinSome resources, he says, is to secure a strategic partner that can support the next phases of the development of the ADINA project.

“Since we published our initial studies last year … We are looking for a strategic partner,” explains Evans.

“We want a strategic partner on site to help us develop our studies, then move on to the decision and construction of final investment.”

WinSome has executed the process for “about four months” and plans to bring a partner over “in the next six months” to exercise the option on the Renard mine, according to Evans.

Winstome, an Australian company which, according to its website, has an “established portfolio of lithium exploration projects in the James Bay region in the province of Quebec”, has until May 31, 2025 to act, otherwise the exclusivity rights will be replaced by a right of first refusal on any alternative transaction.

Evans also claims that the company is working on its study on the feasibility of the project, which should be completed in the middle of next year.

Winstome too recently submitted The declaration of preliminary information for the ADINA project at the Ministry of the Environment, fights against climate change, fauna and parks in Quebec, by launching the start of the regulatory examination process.

In addition to his flagship project by Adina, WinSome has three other projects in Quebec: Cancet, Sirmac-Clapier and Tilly.

“At a time when lithium prices are down, we are now with several interests in this new commodity, cesium,” explains Evans Operating technology.

In February, WinSome reported that the analysis of the outcrop samples of its Sirmac-Clapier project, originally acquired for its lithium potential, “confirmed the presence and tenor of mineralization with very high grade cesium”.

Evans claims that the project “shows a lot of promises” for cesium and will be at the center of exploration efforts later this year.

WinSome also has a 20% stake in Power Metals Corporation, acquired From the Sinomin of China in 2022. Power Metals develops the Lake Project case in northeast Ontario, for which WinSome also holds all the disorder rights for cesium, lithium and tantalum.

According to Evans, in the coming 12 to 18 months, Lake Case has the potential to become the only operational cesium mine in the world.

Pegmatite mines previously operated in Canada, Western Australia and Zimbabwe have ceased production, so cesium stocks are “slow decline”.

The US Geological Survey stipulates that consumption, import and export data for cesium have not been available since the late 1980s. However, it is estimates That the main world producers of cesium in 2024 were Canada, China, Germany and Russia – and notes that the United States depended entirely on imports for its cesium needs in 2024.

Recognizing the cesium market as “opaque”, Evans stresses that projects can be put online quickly if necessary.

“The mining is very different from lithium in a short time, you can exploit an entire” pod “of cesium which can represent several years of world supply,” explains Evans.

“There is a lot of money to be saved in a short time with cesium and we put ourselves at speed very quickly,” concludes Evans.

“WinSome Resources describes the following steps for Adina Lithium Project” was created and published by Operating technologyA brand belonging to GlobalData.

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