WIN Metals Ltd

Promotional Strapline: Developing Australia’s Next Generation of Gold and Critical Metals Projects
Primary Ticker: ASX:WIN
Stage of Development: Development
Primary Minerals: Gold, Lithium, Nickel
Country / Region: Australia
Market Cap 11M
Project Locations: Western Australia
Website: WIN Metals Ltd

WIN Metals is a Western Australian‑focused explorer and developer, anchored by the near‑term restart of the high‑grade Radio Gold Mine and supported by a diversified portfolio of gold and critical minerals projects. ​ The Radio Gold Mine in the Yilgarn is the Company’s lead near‑term production asset, a historic high‑grade producer now underpinned by a JORC Mineral Resource of 366,000t at 4.2g/t Au for 49,600 ounces, existing underground development, mining fleet and onsite infrastructure that collectively position Radio for a rapid restart. In parallel, WIN is advancing the Butchers Creek Gold Project in the Kimberley, which hosts a 359,000 ounce at 2.0g/t Au global resource across Butchers Creek and Golden Crown, with a completed Scoping Study highlighting strong development potential and leverage to the gold price. ​ In the South Eastern Goldfields, the Mt Edwards Nickel Project provides substantial critical minerals exposure, with 12.66Mt at 1.43% Ni for 180,900t of contained nickel defined across multiple sulphide deposits along 15km of strike and supported by a standalone scoping study. Adjacent to this, the fully permitted Faraday‑Trainline Lithium Project delivers additional upside via a hard‑rock lithium Mineral Resource of 1.96Mt at 0.69% Li₂O, including a high‑grade, near‑surface zone and clear room for growth. ​ Together, these assets position WIN Metals to deliver near‑term gold production from Radio, backed by advancing gold, nickel and lithium projects that offer medium‑ and long‑term growth in one of the world’s premier mining jurisdictions.

Management Profile:
Managing Director and CEO, Steve Norregaard has a successful track record in heading the development of base and precious metals mining projects, including nickel projects, encompassing the early exploration stage through to ensuring sustained commercial production. Mr Norregaard is an experienced resources industry executive, company director, and mining engineer by background with over 30 years of experience. Former roles include MD of ASX listed RED 5 Ltd and Tectonic Resources Ltd, Director of Operations with Westgold Resources Ltd and Chief Operating Officer of TSX listed Trelawney Mining and Exploration Inc. Mr Norregaard is a member of the Australian Institute of Mining and Metallurgy.

What are your key goals for the next 3 months?:
Successful delivery of the RADIO Gold project from development to gold production

What are your key goals for the next 6 months?:
Gold Production from Radio Gold Exploration for ancillary gold targets around RADIO Gold Exploration and Resource growth at Butchers Creek Lithium (and byproduct Rubidium extraction) advancement

What are your key goals for the next 12 months?:
Pipeline growth at Radio Updated feasibility for Butchers creek- pathway to development/permitting Partner for Lithium/rubidium development- roadmap to unlocking value

What do you think makes your company such a compelling investment?:
Potential for market cap appreciation, being currently valued as an explorer rather than a developer From a gold perspective we represent an organic growth story with multiple advanced high confidence projects Latent value in Lithium and Rubidium Latent value in advanced Nickel project has potential to be unlocked with an appreciating Ni price