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Liontown blows exploration target out of water

LIONTOWN Resources has been hinting for some time of a major resources boost for its Kathleen Valley lithium-tantalum resource near Leinster, Western Australia, and it has delivered this morning with a 353% increase – blowing its exploration target out of the water.

Haydn Black
Drilling at Kathleen Valley.

Drilling at Kathleen Valley.

Kathleen Valley now costs a75 million grading 1.3% lithium and 140ppm tantalum for 2.5Mt of lithium carbonate equivalent and 23 million pounds of Ta2O5.   Based on September's maiden 21.2Mt at 1.4%...

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