• Low-cost acquisition with attractive terms
• Rapid restart potential with existing infrastructure
• Comprehensive asset package including underground mine, processing facility, and accommodation
• Historic high-grade production of 71,000oz at 38.5g/t Au

WIN Metals Ltd (ASX:WIN) has completed the acquisition of the Radio Gold Mine from private company Top Global Mining Pty Ltd. The acquisition includes a portfolio of tenements, mining and processing infrastructure, accommodation facilities, vehicles, and other associated equipment. The Radio Gold Mine is located 38km north of Southern Cross in Western Australia and has a history of high-grade production, with approximately 71,000 ounces of gold produced at an average grade of 38.5g/t Au between 1918 and 1974. The site is ready to recommence operations, with key infrastructure already in place, including an underground decline, mobile mining fleet, power generators, and a partially constructed 500ktpa processing facility. WIN plans to implement a new strategy for the asset, targeting significant value uplift through continued underground development and assessment of multiple shallow open pit opportunities near existing workings. The company has identified three open pit targets at Radio Repeater, Radio South, and the central near-surface Radio mineralisation, which will be the focus of an initial 9,000-metre RC drilling program. In parallel, WIN will progress underground mining studies targeting extensions at depth, as the deposit remains open. The company also intends to evaluate historic prospects across the broader tenure, with priority given to the Manxman and Queenslander lines of workings and along-strike extensions of the Mistletoe and Magpie prospects.

WIN sees the Radio Gold Mine acquisition as a transformational opportunity, providing a 'ready-to-go' gold asset with the potential to generate near-term cashflow. The company is focused on selecting the strategy that delivers maximum value for shareholders, whether through open pit development, underground mining, or a combination of both.