Project Highlights

Kathleen Valley Lithium Project, Western Australia

  • New Mineral Resource Estimate (MRE): 74.9Mt @ 1.3% Li2O (lithium) and 140ppm Ta2O5(tantalum).
  • 83% of the MRE is classified as Measured or Indicated.
  • Updated MRE represents a 353% increase in tonnes from the maiden Mineral Resource of 21.2Mt @ 1.4% Li2O and 170ppm Ta2O5 released in September 2018.
  • Scoping Study on maiden MRE confirmed potential for a commercially robust mining operation.
  • Further feasibility studies ongoing.
  • Located on granted Mining Leases in an established, well-serviced mining district, close to existing transport, power and camp infrastructure.
  • 100%-owned Project.

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Buldania Lithium Project, Western Australia

  • Advancing a second lithium discovery to a maiden Resource estimate in 2H 2019.
  • Latest resource definition drilling has extended previously defined mineralisation at Anna prospect to the south east under shallow cover - strike length >1.4km.
  • Mineralised system remains open both along strike and at depth.
  • Reverse Circulation drilling is ongoing with ~3,000m of drilling remaining.
  • Second spodumene-bearing pegmatite swarm discovered 5-10km NW of Anna – individual pegmatites  up to 800m long and 20m wide with rock chip assays up to 3.5% Li2O.
  • Similar geology to the Mt Marion and Bald Hill lithium deposits (71Mt and 26Mt respectively).
  • Large, prospective 600km2 area in a lithium-rich province, close to good infrastructure.

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Toolebuc Vanadium Project, Queensland

  • Maiden JORC Inferred Mineral Resource estimate - ~84Mt @ 0.30% V2O5
  • The resource remains open and an additional Exploration Target of 100 – 110Mt at an average grade of 0.28% to 0.32% V2Ohas been estimated.
  • Wholly owned, ~1,000km2 area adjoining Intermin’s Lilyvale vanadium resource.

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