The Kathleen Valley Project is a high-grade lithium discovery located in a well-established mining region approximately 680km north-east of Perth, Western Australia, in close proximity to modern transport, energy and camp infrastructure. The main prospects are located on granted mining leases and Liontown is rapidly progressing towards establishing it’s first-ever JORC lithium Resource at the Project, with latest drilling results continuing to support the potential for a significant spodumene-related lithium deposit.
There are two prospects –Kathleen’s Corner and Mt Mann where strong zones of shallow, high-grade lithium mineralisation have been intersected in RC drilling. Resource drilling, including diamond coring for metallurgical sampling, is underway.
Figure 1: Kathleen Valley Project – Location, tenure and regional geology plan
For the latest results and figures please see ASX Announcments 'Latest assays extend high-grade lithium mineralisation at KV' - 2nd July 2018 and 'Liontown on track for maiden lithium Resource at Kathleen Valley as latest assays confirm continuity and strike extensions of high-grade mineralisation ‘ – 24th May 2018.
The Kathleen Valley Project is located on the western edge of the Mt Keith- Perseverance Greenstone Belt which comprises part of the much larger Norseman-Wiluna Belt within the Archaean Yilgarn Craton of southern Western Australia.
The project contains a historically documented spodumene-bearing pegmatite swarm extending over an area of 3.5km by 1km. While previous workers recorded anomalous lithium and spodumene from the swarm, which is obscured to the north by transported cover, there had been no drill testing prior to Liontown acquiring the Project.
The Kathleen Valley Lithium Project comprises four Mining Leases (MLs) and one Exploration Licence (EL). The MLs and rights to pegmatite hosted rare-metal mineralisation were acquired from Ramelius Resources Limited via a Sales Agreement completed in 2016. The MLs have been transferred to LRL (Aust) Pty Ltd, a wholly owned subsidiary of Liontown Resources Limited (LTR); however, Ramelius retains the rights to gold.
Ramelius acquired the Kathleen Valley Project MLs in June 2014 from Xstrata Nickel Operations Pty Ltd (Xstrata). Xstrata retains rights to any nickel discovered over the land package via an Offtake and Clawback Agreement.
LRL (Aust) Pty Ltd has assumed the following Agreement:
The EL is in the name of Liontown Resources Limited (LTR) with no third party obligations apart from statutory requirements.
View our Buldania Lithium Project