Liontown shares soar

LIONTOWN Resources has confirmed that its Kathleen’s Corner and Mt Mann pegmatites are merging, and delivering thick, high-grade intercepts up to 600m to the north-west of its conceptual pit area, providing more certainty the Kathleen Valley project in Western Australia will grow.

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Drilling at Kathleen Valley seems likely to expand the resources.

The company's latest two holes have confirm the north western strike continuity, and the attractiveness of the area where the company in late April reported a best-ever intercept of 52m at 1.