Liontown Resources Limited (ASX:LTR) has received encouraging high-grade assays from diamond core drilling completed last year at its Kathleen Valley project in WA.
The drilling program comprised 33 holes for a total of 2,896 metres and was designed to provide an additional four tonnes of samples for further metallurgical test work.
High-grade assays
New intersections include:
8.4 metres at 1.8% lithium oxide from 154.7 metres including 6 metres at 2% from 156.5 metres;
10 metres at 1.4% from 19 metres including 5 metres at 1.8% from 22 metres;
25.9 metres at 2% from 104 metres including 19 metres at 2.2% from 100 metres; and
16.5 metres at 1.4% from 45 metres including 8 metres at 2% from 48 metres
Additional metallurgical test work will begin on around 4 tonnes of mineralised samples collected from the program while a 16,000-metre reverse circulation program will test for further extensions to high-grade mineralisation along strike and at depth.
READ: Liontown Resources confirms lithium mining and processing potential
Preliminary test work on six holes of samples confirmed the potential to produce a saleable spodumene concentrate from Kathleen Valley with the next stage of work set for completion by mid-2019.
The next stage will:
Provide input data for the next stage of feasibility studies;
Optimise grade and recovery performance and produce a spodumene concentrate to a minimum 6% lithium oxide grade;
Confirm that a tantalum concentrate can be economically recovered; and
Provide sample for potential customers and off-take partners.
- Jessica Cummins