LTR 4.69% $1.17 liontown resources limited

Ann: Significant lithium mineralisation discovered at Buldania, page-16

  1. 1,863 Posts.
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    The 10-20 Mt Lithium resource looks like a do-able target, expecting more infill & extensional drilling results.

    I also hear LTR is doing roadshow in this week?

    Free I also like LTR's 100% Vanadium project that is covering 1040KM2 right next to IRC.ASX's 3.3 Billion ton @ 0.4% JORC resource.

    Its a pity to see some time ago IRC has given out 75% of the project by earn-in with other funds,

    lucky LTR is holding 100% here, and I like what the company said about their Vanadium resource:

    -- Potential to quickly estimate JORC compliant resource based on historic data

    --Mineralisationis shallow (<15m)and free digging

    --Preliminary metallurgical test work in progress

    given the size of the tenement, I think once the JORC is estimated, it is likely to be a few Billion ton Vanadium resource too !

    Low cost exposure to ermerging energy-storage metal rightly said by the management.

    LTR 2.PNG LTR.PNG
 
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