Winsome extends Renard option to year-end
Lithium explorer and developer Winsome Resources has extended the exclusive option to acquire the Renard project, in Canada, to the end of 2024, buying the company more time to complete its due diligence.
The ASX-listed company is advancing two concurrent scoping studies scenarios: a greenfield study considering its Adina asset as a standalone project with entirely new infrastructure and a brownfield scenario that will incorporate the repurposing of the Renard operation to process lithium ore from Adina.
These studies will be completed in the current quarter.
At the same time, mining studies, including pit designs and scheduling, and processing studies including flowsheet development and plant design are advancing on schedule.
“Winsome Resources is firmly committed to developing the Adina lithium project in a cost-effective and efficient manner as we continue to develop a pathway to production aligned with our vision to integrate into the North American EV supply chain.
“Extending the option to acquire Renard to 31 December 2024, as was envisaged when the original option agreement was signed, provides us additional optionality to consider the various commercial and corporate opportunities available, as we advance project studies on one of the largest and growing lithium deposits in North America,” said Winsome MD Chris Evans.
The company in April announced an exclusive option to acquire, at its election, the assets comprising the Renard diamond mine, processing facility and associated infrastructure or all of the issued capital in Stornoway Diamonds.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...
VISIT SHOWROOM
John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
