WIN Metals recently acquired the Butchers Creek Gold Project (August 2024) which provides significant growth upside for the company and complements the existing nickel and lithium resource base.
The project comprises an already established high-grade mineral resource of some 357,000oz (5.6Mt @ 2.0g/t) and offers immediate near mine drill targets as well as multiple high order drill targets to continue to build the resource base.
WIN Metals’ Mt Edwards Nickel Project hosts a unique collection of 12 deposits along 15km of strike and currently holds a MRE of 13.04 million tonnes at 1.45 per cent nickel for 188,160 tonnes of nickel. With the potential for significant resource growth at all 12 deposits within the project, a prospective standalone nickel concentrator offers the opportunity to unlock substantially more value from the entire mineral resource base.
The Company’s Faraday-Trainline Lithium Project sits contiguous to its Mt Edwards Nickel Project,. This fully permitted lithium project has significant upside potential following the discovery of near surface lithium at its Trainline prospect. In November 2023 the Faraday-Trainline lithium Mineral Resource Estimate (MRE) was upgraded to 1.96Mt @ 0.69% Li2O (0.30% Li2O cut-off) including a high-grade, near surface zone of 373kt @ 1% Li2O (0.85% Li2O cut-off).
