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Mining

Liontown Resources’ drilling reveals potential of Bynoe Lithium Project

Liontown Resources Ltd (ASX:LTR) has received the first batch of assays from its second drilling program at the Bynoe Lithium Project, located south of Darwin in the Northern Territory.

The results confirm extensions to the previously defined Sandras Prospect and returned additional thick intercepts of spodumene-related lithium mineralisation.

Best results from the drilling program include:

- 27 metres at 1.1% lithium from 94 metres; and

- 28 metres at 1.0% lithium from 77 metres.

The program comprised 34 drill holes for a total 3,750 metres and tested 15 prospects. Assay results are awaited for 10 prospects.

Liontown’s drilling was designed to follow up previously reported >1% lithium intersections at Sandras, Talmina West, Rocky Ridge, BP33 and Lees, as well as ten other mapped pegmatite targets.

The latest drilling at the Sandras Prospect, together with previously reported intersections, have defined a 200-metre long, steeply-plunging shoot with true width up to 35 metres.

With assay results awaited for a further 10 prospects, there is potential to delineate an economic lithium deposit at Bynoe.

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