Highlights
- Winsome has submitted the Preliminary Information Statement for
the Adina Lithium Project (including the Renard Operation) with the
Quebec authorities.
- This filing officially commences a well defined provincial
regulatory process in the Eeyou Istchee James Bay region associated
with permitting the proposed mine at Adina, as well as the proposed
modifications to the Renard Operation.
- Following review of the Preliminary Information Statement over
upcoming months, the Quebec
authorities will provide guidelines on the nature and scope for the
future filing of the Environmental and Social Impact Assessment
(ESIA), including the required studies in support of the
ESIA.
- The Company has a substantive dataset to inform the studies
typically prescribed by the Québec authorities due to the long
operating history of Renard and early commencement of baseline
environmental studies at Adina.
- The filing of the Preliminary Information Statement provides
additional opportunities for sharing the latest Project details
with various stakeholders and communities within the Eeyou Istchee
James Bay region, especially the Cree Nation of Mistissini whose traditional lands overlap
with the Adina and the Renard sites.
MONTREAL, Jan. 24,
2025 /CNW/ - Lithium explorer and developer Winsome
Resources (ASX: WR1) ("Winsome" or "the Company") is pleased to
announce that it has submitted the Preliminary Information
Statement for its Adina Lithium Mining Project (incorporating the
existing and well maintained Renard Operation (together the
Project) with the Ministère de l'Environnement, de la
Lutte contre les changements climatiques, de la Faune et des Parcs
(MELCCFP), the designated authority within the Provincial
Government of Québec to oversee mining project developments located
in the territory governed by the James
Bay and Northern Quebec Agreement (JBNQA) and
situated south of the 55th parallel.
"This represents the beginning of a well-defined regulatory
review process that can only be beneficial to all stakeholders,
including future investors and strategic partners. It will provide
further details on our development project based on the technical
studies completed to date, and allows us to pursue discussions and
collaborations to maximize the benefits for host communities and
for Quebec as a
whole."- Chris Evans,
Managing director
"We look forward to continuing discussions with the
communities of Eeyou Istchee James Bay and various stakeholders to
develop a sustainable project aligned with our company's values,
and to contribute to the energy transition. Specifically, we look
forward to further investigating how best to maximize the potential
Project's impact on local communities such as the creation of local
employment opportunities and training and skills development."-
Geneviève Morinville, Vice President
Sustainability and Regulatory Affairs
Preliminary Information Statement
The proposed Project is subject to the provincial ESIA
procedures established under the provincial Environmental Quality
Act (EQA). Specifically, Adina will be planned and developed
in compliance with the Section 22 of the James Bay and Northern Quebec Agreement
(JBNQA) where the Preliminary Information Statement of any
new mining operation is automatically subject to a review through
an established Environmental and Social Impact Evaluating Committee
(COMEV), an advisory body composed of members appointed by
Quebec, Canada and Cree Nation
governments.
Baseline environmental studies
For the Adina Site, the biophysical and socioeconomic (human)
environmental baseline studies were initiated in Summer 2023 and
are ongoing with support from Cree contractors. Physical baseline
data collected to date include hydrology, surface (stream and lake)
and ground water quality, geochemistry, soil quality and local
climate (incl. precipitation, temperature) using an on-site
meteorological station. Biological field studies completed to date
comprise fish and fish habitat, wetlands, vegetation, fauna (small
mammals, chiropterans, herpetofauna, moose and caribou), as well as
avian fauna. Socio-economic baseline data collection efforts will
consider landscape, archaeology and traditional land use. Baseline
collection efforts will continue into 2025 and will be adjusted if
needed to meet the requirements of the directive, which should
capture most of the remaining information required to complete the
effects assessment for both provincial and federal processes,
pending additional guidance received by regulatory authorities.
To learn more about the filing of Preliminary Information
Statement, follow the link to the ASX release of January 24th 2025,
https://wcsecure.weblink.com.au/pdf/WR1/02905733.pdf
This announcement is authorised for release by Managing
Director of Winsome Resources Ltd, Chris
Evans.
ABOUT WINSOME RESOURCES
Winsome Resources (ASX: WR1) (the Company) is a lithium-focused
exploration and development company with several projects in the
Eeyou Istchee James Bay region of Québec, Canada. Our flagship project is the Adina
Lithium Mining Project (the Project), a 100% owned lithium resource
considered a tier-one asset in a low-risk mining jurisdiction and
one of the most capital efficient projects in North America with competitive operating
costs. The hard rock spodumene lithium deposit is near surface with
a +20 year Project life and a substantial Mineral Resource.
The Company recently acquired an exclusive option to purchase
the Renard Operation, a mining and processing site located
approximately 60 kilometres south (in a straight line) of Adina.
The facility has an established airport, power station, water
treatment plant, workshops, processed mineralized material storage
and substantial camp. It also has several mineral processing and
operating permits which may advance Winsome's pathway to lithium
production. Importantly the Renard Site already includes extensive
production facilities including Dense Media Separation (DMS),
upfront jaw, cone, high-pressure grinding rolls and mineralized
material sorting circuits necessary for spodumene concentrate
production.
In addition to our portfolio of lithium projects in Québec,
including the Cancet, Sirmac-Clapier and Tilly Projects, Winsome
Resources owns 100% of the offtake rights for lithium, caesium and
tantalum from the Case Lake Project in Eastern Ontario owned by Power Metals Corp
(TSXV: PWM), as well as a 19.6% equity stake in PWM.
Winsome is led by a highly qualified team with strong experience
in lithium exploration and development as well as leading ASX
listed companies.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This document contains forward-looking statements concerning
Winsome. Forward-looking statements are not statements of
historical fact and actual events and results may differ materially
from those described in the forward-looking statements as a result
of a variety of risks, uncertainties and other factors.
Forward-looking statements are inherently subject to business,
economic, competitive, political and social uncertainties and
contingencies. Many factors could cause the Company's actual
results to differ materially from those expressed or implied in any
forward-looking information provided by the Company, or on behalf
of, the Company. Such factors include, among other things, risks
relating to additional funding requirements, metal prices,
exploration, development and operating risks, competition,
production risks, regulatory, including environmental regulation
and liability and potential title disputes.
Forward-looking statements in this document are based on the
Company's beliefs, opinions and estimates of Winsome as of the
dates the forward-looking statements are made, and no obligation is
assumed to update forward-looking statements if these beliefs,
opinions and estimates should change or to reflect other future
developments.
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SOURCE Winsome Resources
