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Liontown Resources Ltd.
Summary
| Project: | Kathleen Valley | |
|---|---|---|
| Deposit: | Kathleen Valley | |
| Location: | Australia | |
| Commodities: | Lithium-Tantalum | |
| Date: | 3/11/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-3-2020: Liontown Resources Ltd. announces an Exploration/Drilling Update report for its Kathleen Valley deposit at the Kathleen Valley project. Drilling results incl. 33.8m @ 1.8% Li2O from 402m. Liontown Resources Limited (ASX: LTR, “Liontown” or “Com | |
| Resources: | (Resource, Total): 139Mt @ 1.3% Li2O, 140ppm Ta2O5 | |
| CP/QP: | [Overall Report]: David Richards (Internal) | |
| ABSTRACT: | Liontown Resources Limited (ASX: LTR, “Liontown” or “Company”) is pleased to report further outstanding intersections from the ongoing drilling program at its 100%-owned Kathleen Valley LithiumTantalum Project in WA. The new results follow the recent release of an interim Mineral Resource Estimate (MRE) upgrade of 139Mt @ 1.3% Li2O and 140ppm Ta2O5, which has confirmed Kathleen Valley as a Tier-1 hard-rock spodumene-lithium resource (see ASX announcement dated 13th February 2020). The latest results continue to demonstrate the continuity of high-grade mineralisation at Kathleen Valley, with the system remaining open both down-dip and along strike to the north-west (Figure 1). The lithium mineralisation at Kathleen Valley is associated with spodumene (Figure 2) which is contained within LCT (Lithium-Caesium-Tantalum)-type pegmatites that intrude Archaean greenstones. Ongoing metallurgical test work indicates that the pegmatites contain less than 0.5% Fe. | |
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