LTR 2.16% 90.5¢ liontown resources limited

Spectacular new lithium hits at Kathleen Valley as ongoing...

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    Spectacular new lithium hits at Kathleen Valley as ongoing resource drilling defines +3% Li2O zoneLatest results include individual assays of up to 5.7% Li2OHIGHLIGHTS
    • New intersections from ongoing Reverse Circulation (RC) / diamond drilling program at the 100%-owned Kathleen Valley Lithium-Tantalum Project in WA include:16m @ 2.6% Li2O from 308m (KVRC0287), including: o 13m @ 3.1% Li2O from 308m25m @ 1.5% Li2O from 246m (KVRC0288), including: o 15m @ 1.9% Li2O from 255m(True widths – 70 -100% of down-hole widths. See Appendices 1 and 2 for further details including tantalum assays)

    • These results are continuous with previously reported high-grade intersections including 13.1m @ 3.1% Li2O from 299m (KVDD0048) and 12m @ 3.1% Li2O from 218m (KVRC0266), which are located ~150m along strike to the north-west
    .• The newly identified +3% Li2O mineralised zone remains open to the north-west and an additional 8-10 drill holes are planned to test for strike continuity
    .• The results follow the recent release (see ASX announcement dated 13th February 2020) of an interim Mineral Resource Estimate (MRE) upgrade of 139Mt @ 1.3% Li2O and 140ppm Ta2O5 which has confirmed Kathleen Valley as a Tier-1 hard-rock lithium resource
    .• In-fill and extensional drilling is now scheduled to continue until mid-March 2020
    .• The new data will be used prepare a MRE which will ultimately underpin a Definitive Feasibility Study (DFS).
 
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