LTR 0.57% 88.0¢ liontown resources limited

Ann: Continuity of High-grade Northern Extension Confirmed at KV, page-64

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  1. 1,751 Posts.
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    Yesterday’s new KV drill assay intersections added little to the current KV resource total as most were infill drill holes. The announcement was an entrée or clearing of the decks so to speak before the main course.

    That is the release in the new decade of the assays that are pending for the ten RC-DD holes (KV NW, W & SW) that have value adding resource potential plotted on Figure 1 (yellow circles - new drill hole, assays pending) and listed in Appendix 1 & 2, p31 (KVRC0274 to 0278) & p37 (KVDD0048 to 0052).

    https://www.asx.com.au/asxpdf/20191216/pdf/44clw7ljcvyds4.pdf

    An updated spreadsheet sectional resource for KV suggests these holes alone could possibly add an additional 24Mt to the global KV resource, equating to plus 132Mt @ ~1.4% Li2O for ~1.87Mt contained Li2O in total

    Plus 55Mt more than the current KV JORC resource & a near doubling of the contained Li2O tonnes for starters, with an additional +15 RC-DD holes to be drilled (Fig 1, red circles, proposed drill hole).

    Hope that helps some in their decision making process and best of luck to all. Bye …

    ……………………………………………………………………………………………….……
    Sometimes the questions are complicated and the answers are simple.
    ~ Dr Seuss

 
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