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WIN Metals Ltd (ASX:WIN)

ALERT: Price-sensitive ASX Announcement for WIN
Current share price for WIN : $0.017 -0.004 (-19.05%)+
Announcement
Release
18 Jun 2026 9:04AM
Price at Release
$0.021
Full Release
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Summary
WIN Metals Ltd announced securing an option to acquire a modular gravity processing plant from Tungsten Mining NL to advance the Radio Gold Project. This acquisition supports the proposed 120,000 tonnes per annum gold operation, enhancing WIN's onsite processing strategy. The plant includes essential infrastructure such as a ball mill and gravity recovery modules, aimed at optimizing gold recovery. WIN plans to finalize plant costings, integrate it into their financial models, and pursue necessary permits for project development. The option agreement entails an initial $50,000 payment followed by further cash and share transactions.
Key Points
  • WIN Metals Ltd secured a six-month option to acquire a modular gravity processing plant.
  • The plant supports a proposed 120,000tpa gold operation at the Radio Gold Project.
  • The option involves a $50,000 payment, with a subsequent $250,000 in cash and $250,000 in shares.
  • The plant includes a ROM Bin, conveyors, scrubber trommel, ball mill, screen, spiral, jig, and lamella thickener modules.
  • Engineering services are engaged for cost estimation and development planning.
  • Permitting activities are underway for recommissioning the tailings dam and plant site.
  • WIN is focused on integrating the plant into its financial model and securing necessary permits.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.