LTR 2.86% 85.0¢ liontown resources limited

Ann: Quarterly Activities and Cashflow Report, page-31

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  1. 4,035 Posts.
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    Looks like they will drill more at the high grades at Kathleen, then move drills back to Buldania to explore further down the open trend along strike to the south east. The main bulk of ore is closest to the surface here so far, so even if it is only about 1.2% the low or no overburden and bulk at the surface will mean el cheapo mining costs for the great bulk of the deposit, which will compensate for grade. The big question is how far does it go SE? Cross fingers, but it pops up on the surface further along again in a straight line so there is a good chance that the main Bd. deposit is a biggie.
 
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85.0¢ 85.5¢ 83.5¢ $4.138M 4.906M

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