LTR 4.15% 92.5¢ liontown resources limited

FA & General Banter, page-18875

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    BULDANIA: Announcement 5th July 2021 (Check page 3 and 4 for drilling map)

    "The definition of multiple, parallel soil anomalies is consistent with the geological setting of the Anna mineralisation, which is hosted by a series of stacked, shallowly south-east dipping, SW/NE striking pegmatites (Figure 3). The soil anomalies may indicate strike extensions or repeats of the Anna pegmatites into areas largely obscured by residual soils and dense vegetation. Exploration at Buldania provides the Company with the opportunity for significant organic growth of its 100%-owned, West Australian-based lithium Resource base.."

    Previous exploration by Liontown at Buldania has defined the Anna Mineral Resource, which comprises ~15Mt @ 1% Li2O and 44ppm Ta2O5.
    Recent soil sampling has defined a number of strong, SW/NE trending lithiumtantalum-caesium-rubidium anomalies adjacent to the Anna Mineral Resource.
    The soil anomalies have been defined over ~1km strike and are potentially open to the north-east.
    The anomalous trends are parallel to the interpreted orientation of the mineralised Anna pegmatites.
    The newly defined soil anomalies have not been tested by previous drilling and represent an exciting new exploration opportunity with the potential to expand the scale of the Buldania Project.
    Mineralisation at Anna extends to the SE under shallow cover – strike length >1.4km and open
    Similar geology to the Mt Marion and Bald Hill lithium deposits (71Mt and 26Mt respectively

    PS: LTR Management has a great plan fro Buldania from the beginning and they act on all plan items.

 
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