WR1 2.86% 51.0¢ winsome resources limited

Ann: Main Zone extended to 2.11km by systematic drilling at Adina, page-70

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,008 Posts.
    lightbulb Created with Sketch. 4007
    I completed the "Current Prediction" in August last year and posted on here. Numbers have changed as we still dont have confirmation of FW to surface. Side by side is what i was expecting then, and now. The new FW is beyond 550m, and MZ as provided by the company flattens out on the surface below glacial till.

    https://hotcopper.com.au/data/attachments/6022/6022193-b9c3bb8500e907ae7cd1889b241bdf18.jpg. v https://hotcopper.com.au/data/attachments/6022/6022200-6190e32ab79ac0e8f95d6f0ec7b21c1f.jpg

    FW Hits.
    I also didn't take into account hits like these for FW during the infill stage, let alone 10m+ hits for a 3rd zone.

    1. AD-23-124,(FWZ) 49.1m at 1.51% Li2O from 250.6m
    2. AD-23-134A, (FWZ)35.5m at 1.49% Li2O from 240.0m
    3. AD-23-087, (FWZ)20.4m at 1.64% Li2O from 262.4m
    4. AD-23-090 (FWZ) 1.21% Li2O over 10.2m from 260.4m to 270.6m & 1.20% Li2O over 14.8m from 293.2m to 308.0m (
    5. AD-23-080 (FWZ)1.62% Li2O over 9.4m from 233.2m to 242.6m & 1.55% Li2O over 16.4m from 250.6m to 267.0m
    6. 25.9m at 1.59% Li2O from 275.0m (AD-23-093, FWZ)
    7. 29.4m at 1.21% Li2O from 286.6m (AD-23-106, FWZ)
    8. 15.3m at 1.60% Li2O from 229.3m (AD-23-111, FWZ)
    9. 14.2m at 1.53% Li2O from 234.9m & 14.3m at 1.26% Li2O from 264.7m (AD-23-115)
    10. 6.6m at 1.89% Li2O from 208.7m & 27.9m at 1.31% Li2O from 225.3m (AD-23-125)
    11. 34.9m at 1.09% Li2O from 235.4m incl. 17.6m at 1.46% Li2O (AD-23-130A, FWZ)

    Tonnage for Jamar
    In anycase, i am not going to guesstimate tonnage for MRE upgrade, i would like 30mt indicated/measured @1.3%, allowing studies to commence with DMS as the processing route, and near zero waste for strip calculations. Personally, not being a Geo or having access to software, i am now finding it too difficult to calculate tonnage for the 2100m. Too many variables,

    With that being said, I am confident that by year end with 100k of drilling Wr1 will be over 150mt with 50mt of that in indicated/measured.

    S/W AD -170 and AZM
    I have a good idea of the tonnage associated with AZM and S/W Adina (Hole 170) now, and with all things being equal so extrapolated numbers like below.

    AZM intersected 70m (GAL 11) , Jamar continues North/East from AZM at 69m/60/55/50/44 for 900m until the surface is breached.

    Hole 170 intersected 60m, I would assume along this strike mineralized pegmatite continues South/West another 900m with substantial widths getting smaller, howveer, as it appears to get deeper this theory could be wrong and get wider being a feeder zone.

    This can wait for more drilling, but be assured that this area is far better CV13 and Cv9 for PMT.

    See below re info from August 2023. Hope this helps some who are new or asking for calculations. (And yes, if you are broker you can copy my stuff, cause most of you have no idea)

    https://hotcopper.com.au/data/attachments/6022/6022229-dda8633f9927c0af58ea715fb96d67de.jpg




    https://hotcopper.com.au/data/attachments/6022/6022230-c9df3431b8f764c33830e8bbab777f2c.jpg


    https://hotcopper.com.au/data/attachments/6022/6022231-6427fefe4833f2ddb3affa9ec9935171.jpg
    https://hotcopper.com.au/data/attachments/6022/6022233-37ee7695e797c9134c31a482b404e1ea.jpg

    https://hotcopper.com.au/data/attachments/6022/6022235-69d24a4fc56ecb6f94ef3b12577e1736.jpg
    https://hotcopper.com.au/data/attachments/6022/6022236-5a14efd30f4530e1525a6a6dded1bae5.jpg
    https://hotcopper.com.au/data/attachments/6022/6022237-238bcd09d6b5886dcd0bc77b2b1c8e00.jpg
    https://hotcopper.com.au/data/attachments/6022/6022239-f6ed78c9b889a05fc7aa4e2cb567cc60.jpg

 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
(20min delay)
Last
51.0¢
Change
-0.015(2.86%)
Mkt cap ! $112.9M
Open High Low Value Volume
53.0¢ 54.5¢ 51.0¢ $274.6K 516.2K

Buyers (Bids)

No. Vol. Price($)
1 20000 51.0¢
 

Sellers (Offers)

Price($) Vol. No.
53.5¢ 5500 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.