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 Welcome to Liontown Resources Limited
 Liontown Resources Limited project locations Liontown Resources is a growth oriented base metals exploration and development company, with an extensive ground position in two major production areas in Queensland, Australia, and an option to acquire a significant scale porphyry copper-molybdenum project in the USA, comprising: - over 3,000 km2 including over 100 km of strike in the Mount Windsor Volcanics geological sequence in a prolific production area south of Charters Towers in North Queensland.
An initial JORC standard Resource has been estimated at the Liontown Deposit within the Mount Windsor Volcanics Project, comprising:
1.85 million tonnes at 7.5% zinc, 2.4% lead,
0.6% copper, 28 g/t silver and 0.6 g/t gold.
Approximately 40% of this material is categorised as Indicated, with the remainder Inferred. Approximately 11% is oxide material.
Review of 2007 and historic exploration has identified the 4km Liontown Mineralised Corridor - defined by contiguous geochemical and geophysical anomalies and bedrock drilling by Liontown Resources and others - as an immediate focus of exploration to extend this Resource endowment.
The project, which also lies in a 15M oz gold production province, features numerous under-explored gold prospects, including possible Mt Leyshon-style breccia pipe structures. - the Fort Constantine South Project in Queensland adjacent to both Xtrata Limited's Ernest Henry copper-gold mine and Exco Resources Limited's (Exco) E1 copper-gold deposits.
Exco has agreed to enter into an option for an exploration joint venture at the project whereby it can earn up to a 70% interest in the project by spending $3.2 million over 4.5 years. - Liontown Resources has entered into an option to acquire the Sheep Mountain Copper-Molybdenum Project in Arizona, USA. A copy of the ASX announcement describing the project and associated option agreement can be viewed by clicking here.
3D image showing modelled mineralisation at Liontown, from the northwest. Liontown Lode shown in green, Carrington Lode in blue, with other colours representing footwall copper-gold stringer lodes
The information on this website that relates to Exploration Results is based on information compiled by Dr Doug Jones, a full-time employee and Director of Liontown Resources Limited, who is a Member of the Australian Institute of Mining and Metallurgy and is a Registered Professional Geologist. Dr Jones has sufficient experience in the field of activity being reported to qualify as a Competent Person as defined in the 2004 edition of the Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves, and consents to the release of information in the form and context in which it appears here. |
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The resource estimation and associated work described above has been carried out by Diederik Speijers of McDonald Speijers. Diederik is a Fellow of the Australasian Institute of Mining and Metallurgy and has the necessary experience in deposits of similar style to Liontown to be considered as a Competent Person under the December 2004 edition of the JORC Code and consents to the release of information in the form and context in which is appears here. | |
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