LTR 3.63% $1.00 liontown resources limited

Buldania Project discussion, page-726

  1. 373 Posts.
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    Buldania
    Liontown has been actively exploring the Buldania Project since early 2018 after acquiring 100 percent of the rights to lithium and related metals. Liontown initially focused on the spodumene-bearing Anna pegmatite, partially delineated by previous nickel and gold explorers, with drilling by the Company subsequently defining a maiden Indicated and Inferred Mineral Resource Estimate (MRE) of 15Mt @ 1.0% Li2O. Anna Resource Expansion.
    Thirty-eight RC drill holes were completed during the quarter for a total of 6,019 metres. Most of the drill holes targeted the shallow position of the north-eastern side of the current Anna Resource.
    A small number of holes were also drilled along the western flank and southeast extension of the Anna Resource.
    In the north-east, the observed spodumene zones appear to be poddy and discontinuous in nature when compared to the main Anna Resource area where the pegmatite crops out. The geological interpretation is ongoing. Multiple new pegmatite lenses have been intersected below the eastern side of Anna, which may provide access to shallower drill targets for mineralisation. Drilling will also focus further to the south-east where the current Mineral Resource may extend at depth.It is anticipated that following the completion of the southeast deep drilling, the drill rigs will move to the North-WestArea and test the regional targets. Results from the drilling programme and ongoing activity at Buldania are currently being analysed and reviewed.
    Metallurgical DrillingWithin the Anna Resource area, five HQ sized, diamond drill holes were completed during the quarter for a total of 816.6 metres, varying in depth from approximately 100 to 200 metres. The diamond holes were twin holes, drilled parallel to existing RC drill holes targeting known mineralisation for further metallurgical test work.Heritage SurveyDuring the quarter, a heritage survey was completed with Ngadju Native Title Aboriginal Corporation (NNTAC) and JCHMC Heritage Consultants. The survey covered and cleared potential drill lines in the Anna South-East Area, through the central parts of the tenure and into the North-West Area in preparation for exploration drilling.

    Seems like there's quite a lot of buzzing about the eastern flanks of Anna both North and South. Theres 40 odd drill holes so far to get results from.....
    Then the rigs are going up to the NW to the area I call 'conda'. If theres another big find there maybe they can call the project 'Anna-conda' as it already resembles a snake with it's long shallow surface run of SE to NW......

    2 days now till we get clearance for new notification!!!

    DYOR!
 
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