Liontown Resources hits Lithium and Tantalum Mineralisation at Kathleen Valley

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THE DRILL SERGEANT: Liontown Resources (ASX: LTR) has intersected zones of lithium-tantalum mineralisation during a maiden drilling program at the company’s Kathleen Valley lithium-tantalum project, located north-east of Perth in Western Australia.

Liontown Resources said the results confirm the potential of the pegmatite swarms at Kathleen Valley to host substantial widths of high-grade lithium and tantalum mineralisation.

Better intersections encountered by the drilling include:

KVRC0015
58 metres at 1.2 per cent lithium oxide (Li2O) and 156ppm tantalum pentoxide (Ta2O5) from 135m, including 9m at 1.8 per cent Li2O and 220ppm Ta2O5 from 141m and 13m at 2 per cent Li2O and 138ppm Ta2O5 from 167m; and

24m at 1.3 per cent Li2O and 139ppm Ta2O5 from 206m, including 3m at 1.6 per cent Li2O and 105ppm Ta2O5 from 208m and 2m at 2.6 per cent Li2O and 271ppm Ta2O5 from 217m and 4m at 1.6 per cent Li2O and 145ppm Ta2O5 from 226m.

KVRC0002
13m at 1.6 per cent Li2O and 114ppm Ta2O5 from 0m, including 9m at 1.9 per cent Li2O and 107ppm Ta2O5 from 2m; and

13m at 1.6 per cent Li2O and 111ppm Ta2O5 from 83m, including 6m at 2 per cent Li2O and 113ppm Ta2O5 from 88m;

KVRC0003
14m at 1.7 per cent Li2O and 163ppm Ta2O5 from 91m including 8m at 2 per cent Li2O and 130ppm Ta2O5 from 97m.

Liontown Resources said the recently completed drilling program at Kathleen Valley comprised a total of 19 Reverse Circulation holes was designed to test the immediate northern extensions of the main mineralised trends at the project, where heritage approvals to drill had been obtained.

“We are very encouraged by these early results, particularly considering that we have yet to test the main target zones, where the thickest pegmatites and strongest grades have been traced at surface,” Liontown Resources managing director David Richards said in the company’s announcement to the Australian Securities Exchange.

“Where we have drilled so far, we have encountered strong zones of continuous lithium-tantalum mineralisation including some very high grade zones of predominantly spodumene-related mineralisation.

“Given the overall scale of the pegmatite swarm at Kathleen Valley and the potential to expand the system, we are looking forward to resuming drilling as soon as possible.”

Email: info@ltresources.com.au

Website: www.ltresources.com.au