Lion­town high-grade lithium hit

The Australian Mining Review - - NEWS: EXPLORERS ON THE MOVE - CAMERON DRUM­MOND

EXPLORER Lion­town Re­sources has recorded fur­ther zones of shal­low, high-grade lithium min­er­al­i­sa­tion in the fi­nal batch of as­says from an RC drilling cam­paign at its Kath­leen Val­ley lithium project, 680km north-east of Perth, WA.

Lion­town’s sec­ond round of drilling at the project cov­ered 3000m to test along the strike iden­ti­fied in the maiden drilling pro­gram, re­turn­ing thick zones grad­ing at more than 2 per cent lithium ox­ide (Li2O).

The lat­est as­says in­clude all the holes drilled into the Kath­leen’s Cor­ner prospect – lo­cated im­me­di­ately north-east of the com­pany’s Mt Mann prospect.

In con­trast to Mt Mann, the min­er­al­i­sa­tion at Kath­leen’s Cor­ner is hosted by mul­ti­ple stacked, flat-to-shal­lowly south-west dip­ping peg­matites.

The min­er­alised trend was in­ter­sected over more than 500m strike in­clud­ing to the north, where it is ob­scured by shal­low trans­ported cover.

Lion­town said plan­ning was un­der­way for in-fill and ex­ten­sional drilling over both prospects, in­clud­ing di­a­mond core holes, and is sched­uled to re-com­mence as soon as the cur­rent drilling pro­gram is com­pleted at Bul­da­nia, the com­pany’s sec­ond highly prospec­tive lithium project in WA.

Lion­town man­ag­ing di­rec­tor David Richards said the lat­est re­sults pro­vided fur­ther ev­i­dence of the grow­ing re­source po­ten­tial of Kath­leen Val­ley as a high-grade lithium project.

“The pres­ence of shal­low peg­matites with a rel­a­tively flat-ly­ing ge­om­e­try at Kath­leen’s Cor­ner is very en­cour­ag­ing and the com­pany looks for­ward to mov­ing ahead with our next phase of drilling at the project,” Mr Richards said.

Im­age: Lion­town Re­sources.

Kath­leen Val­ley is emerg­ing as a highly prospec­tive lithium de­posit.

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