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Liontown Resources Ltd.
Summary
| Project: | Kathleen Valley | |
|---|---|---|
| Deposit: | Kathleen Valley | |
| Location: | Australia | |
| Commodities: | Lithium-Tantalum | |
| Date: | 2/26/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-2-2018: Liontown Resources Ltd. announces an Exploration/Drilling Update report for its Kathleen Valley deposit at the Kathleen Valley project. Drilling results incl. 21m @ 1.9% Li2O from 71m. Liontown Resources Limited (ASX: LTR) is pleased to advise | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Richards (Internal) | |
| ABSTRACT: | Liontown Resources Limited (ASX: LTR) is pleased to advise that it has recorded further zones of shallow, high-grade lithium mineralisation in the final batch of assays from the recently completed Reverse Circulation (RC) drilling program at its Kathleen Valley Lithium Project, located 680km north-east of Perth, Western Australia. The latest assays include all the holes drilled into the Kathleen’s Corner prospect (KVRC0032-0040), which is located immediately north-east of the Mt Mann prospect (Figure 1) – for which results have recently been reported (see Appendix 1 for a full listing of drill statistics). In contrast to Mt Mann, the mineralisation at Kathleen’s Corner appears to be hosted by a series of stacked, flat-to-shallowly south-west dipping pegmatites (Figure 2) with the system remaining open in all directions including at depth, where there is potential for additional mineralised pegmatites. The Kathleen’s Corner mineralised trend has been intersected over more than 500m strike including to the north, where it is obscured by shallow transported cover. As reported previously, high-grade lithium mineralisation at Mt Mann has also been intersected over a strike length of more than 500m hosted by moderately south-west dipping pegmatites (Figure 3) with the trend remaining open towards the south and at depth. | |
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