Ann: Half Year Accounts, page-2

Multiple opportunities, Looking great Step by Step:





Next Steps

Liontown’s objective for 2020 is to undertake activities which will substantially enhance PFS project economics and commence a Definitive Feasibility Study.
A further MRE is scheduled for completion in March / April 2020 which will include open pit and underground resources which are anticipated to deliver the best outcome for the DFS by providing the opportunity to bring forward the mining of higher grade mineralisation.
The increasing size and grade of Kathleen Valley now provides multiple opportunities to significantly enhance the project’s financial returns, including:

 High potential for an even larger Ore Reserve;
 Access to higher-grade ore earlier in the mine life;
 Lower operating costs;
 Extracting tantalum as a by-product;
 Downstream processing opportunities.