Winshear Metals (WINS ) has engaged Fladgate Exploration, a geological services company based in Thunder Bay, to execute this summer’s field program on its Thunder Bay gold project in north-west Ontario.
The work will comprise soil sampling over the Inflection, MacGregor, El Dorado and Kingfisher targets, till sampling over newly staked claims to the north-east of the Kingfisher target, and airborne magnetic surveys over both Inflection and El Dorado.
Soil and till sampling is underway, and the airborne magnetic survey commenced late last week. The summer field program is expected to be completed by late July.
Based on the gold-in-till anomalies from the 2025 field program, Winshear has staked new claims covering a 14 kilometres north-east extension of the Kingfisher target, which lies along the major north-east trending Kingfisher fault.
The company has also entered in a purchase agreement to acquire certain mineral exploration credits relating to claim 908950 which carries an exploration assessment credit of $608,083.
Subject to approval of the TSX-V, the company will issue a million shares and 500,000 warrants to the vendors of the credits.
The warrants allow the vendors to purchase 500,000 shares in the Company at a price of $0.20 per share for a period of three years from the approval date. The vendors are the same group that the Company entered into agreement with in 2025 in relation to the Thunder Bay Gold Project.
View from Vox
Good to see Winshear getting underway in Thunder Bay. The area looks highly prospective, and it will be interesting to see what kind of results the company is able to deliver once the programme completes next month. The main action for Winshear continues to be in Scotland, but Thunder Bay is a strong second area of focus for the company, and could yet prove a real value generator.