Two FA events happening, see below.Exploration completed by Lachlan Star on the Koojan Project comprises a geological review, limited reconnaissance rock chip sampling and an Airborne Electro-Magnetic survey flown in August 2020. There has been no systematic geochemical sampling or drilling on the Project.
Planning has commenced to undertake auger sampling at the Koojan Project as soon as access agreements have been finalised with landowners, several of whom Liontown is already working with on the Moora Project. Magnetic highs and adjacent areas will be prioritised for sampling.
Killaloe Gold Project Divestment
In a separate transaction, Liontown has agreed to sell its Killaloe Project,
Expected end of Q1 2121, located near Norseman in Western Australia (Figure 4), to Lachlan Star for 40,000,000 Lachlan Star shares.
Liontown has defined a number of drill-ready gold targets at Killaloe and the transaction allows the Company to retain exposure to exploration on the property through its shareholding in Lachlan Star while prioritising work on its Kathleen Valley and Moora Projects.
LIONTOWN RESOURCES LIMITED | PAGE 2
Hope this helps
@beisha
