20:29:46 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Lake Winn Resources Corp
Symbol LWR
Shares Issued 68,971,639
Close 2023-06-28 C$ 0.08
Market Cap C$ 5,517,731
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Lake Winn receives $402,000 in exploration grants

2023-06-28 11:51 ET - News Release

Mr. Patrick Power reports

LAKE WINN RECEIVES $402,000 IN GOVERNMENT GRANTS FOR LITTLE NAHANNI LITHIUM PROJECT, NWT, AND CLOUD GOLD PROJECT, MB, CANADA

Lake Winn Resources Corp. has received two exploration grants for upcoming future exploration in Canada.

Mining Incentive Program (MIP) grants Little Nahanni lithium, Northwest Territories, $192,000

Lake Winn Resources is pleased to announce that it has received a grant of $192,000 toward its 2023 exploration efforts on its flagship Little Nahanni pegmatite group (LNPG) property hosting encouraging lithium, tantalum and tin results.

The project is 100 per cent owned and covers 7,080 hectares of prospective ground with near road access, in close proximity to the Cantung and Mactung mines, and related infrastructure.

This mining incentive grant, from the government of the Northwest Territories, is selected from a $1-million fund that is distributed to exploration and development projects on a technical and economic merit basis. The company wishes to thank the government of the Northwest Territories for its recognition and acknowledgment of the high quality of the LNPG project, and for its substantial financial contribution.

Manitoba Mineral Development Fund (MMDF) grants Cloud gold, Manitoba, $210,000

Lake Winn Resources is also pleased to announce that it has received a grant of $210,000 toward its 2023 exploration efforts on the Cloud gold property located in proximity to Flin Flon, Man. The Cloud project hosts encouraging gold results from the previous drill program. This MMDF grant is awarded to companies that can demonstrate the potential to increase mineral exploration and development in Manitoba through high-quality exploration projects, along with local expenditures that support business development to strengthen the mining supply chain in Manitoba. The company wishes to thank the Manitoba Mineral Development Fund for its recognition and acknowledgment of the high quality of the Cloud project, and for its substantial financial contribution.

About Lake Winn Resources Corp.

Lake Winn Resources is a mineral exploration company focused on advancing its 100-per-cent-owned Little Nahanni lithium project, which is located in the western Northwest Territories near the Yukon border. The project covers 7,080 hectares that encompasses a seven-kilometre-long, up to 500 m wide, lithium, tantalum and tin pegmatite dike swarm. Historical drilling and channel sampling on the project confirms the presence of significant lithium, tantalum and tin.

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