Winsome Resources inks deal to expand Adina lithium project in Quebec
The agreement would allow Winsome to acquire the 29 claims in the bordering Jackpot property and expand its total tenure in the James Bay area to more than 871.5 sq. km.
Wheaton will provide a total of $180.5 million under terms of a metals streaming deal, and Trafigura will provide $55 million under terms of an offtake financing agreement.
The Pitarrilla project, 160 km north of the city of Durango, has measured and indicated resources of 164.7 million tonnes grading 99.1 grams silver per tonne.
Gov't expects $25bn in investments related to 34 projects currently in advanced exploration, as the deadline to restructure billions in debt to the IMF looms.