Winmar Resources Limited (Winmar) is an emerging, ASX-listed junior mineral resources company focused on developing the Lomero Project, an advanced gold-copper-silver-lead-zinc exploration project and existing mine located in Andalucia, Spain. Winmar has entered into a Farm In & Joint Venture arrangment (FI&JVA)with Kimberley Diamonds Ltd (KDL: ASX) to earn up to 70% interest in the Lomero Project.
Winmar currently owns a 70% beneficial interest in the Hamersley Iron Ore Project (HIOP)in the Pilbara region of Western Australia under a FI&JVA with Lockett Fe Pty Ltd, a subsiduary of Iron Ore and Gold explorer Cazaly Resources Ltd (ASX: CAZ). The core asset of the HIOP is the Winmar deposit which is an advanced exploration target with excellent development potential. Winmar continues to manage the Hamersley Project.
Winmar has an experienced Board and Management team, focused on achieving the Company’s goals and objectives. Winmar aims to maximise shareholder value through the targeted exploration and development of the Lomero Project, whilst reviewing the development strategy for the Hamersley Iron Project in line with future movement of the Iron Ore spot price.