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Liontown Resources Ltd.
Summary
| Project: | Kathleen Valley | |
|---|---|---|
| Deposit: | Kathleen Valley | |
| Location: | Australia | |
| Commodities: | Lithium-Tantalum | |
| Date: | 2/4/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-2-2019: Liontown Resources Ltd. announces an Exploration/Drilling Update report for its Kathleen Valley deposit at the Kathleen Valley project. Drilling results incl. 25.9m @ 2.0% Li2O from 104m. Liontown Resources Limited (ASX: LTR) is pleased to advis | |
| Resources: | (Resource, Total): 21.2Mt @ 1.4% Li2O, 170ppm Ta2O5 | |
| CP/QP: | [Overall Report]: David Richards (Internal) | |
| ABSTRACT: | Liontown Resources Limited (ASX: LTR) is pleased to advise that it has received highly encouraging initial assays from a diamond core (PQ) drilling program completed late last year at its 100%-owned Kathleen Valley Lithium Project in WA. The drilling program comprised 33 holes for a total of 2,896m and was designed to provide an additional 4 tonnes of sample for further metallurgical test work. Preliminary test work on 300kg (six holes) of sample confirmed the potential to produce a saleable spodumene concentrate from Kathleen Valley (see ASX release dated 12th November 2018). The next stage of test work, which is expected to be completed by mid-2019, is designed to The latest drill holes were sited (Figure 1) to ensure that test work is carried out on a sample representative of the optimised, open-pittable portion of the global Mineral Resource, which comprises 21.2Mt @ 1.4% Li2O and 170ppm Ta2O5 (see ASX release dated 4th September 2018). Drill holes targeted dip extensions of the mineralisation as indicated by the geological model used to prepare the Mineral Resource. Highly encouraging assay results have been received for the first 16 holes (KVDD0010 – KVDD0025/see Appendix 1), confirming | |
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