Liontown Resources |

Progressing towards a new WA lithium mine
Maiden Mineral Resource: 21.2Mt @ 1.4% Li₂O (lithium) and 170ppm Ta₂O5 (tantalum).
Additional Exploration Target: 19-31Mt @ 1.2-1.5% Li₂O*.
Updated Mineral Resource Estimate due late June 2019.
Scoping Study on maiden MRE confirms potential for a commercially robust mining operation.
Comprehensive test work ongoing to optimize grade and recovery of spodumene concentrate.
Complimentary feasibility studies ongoing.
Located on granted Mining Leases close to established transport, energy and camp infrastructure.
100%-owned Project.

Advancing a second lithium discovery to a maiden Resource estimate in Q3 2019.
Drilling has extended mineralisation at Anna prospect to the south east under shallow cover - strike length >1.3km and remains open.
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.

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% V₂O₅has been estimated.
Wholly owned, ~1,000km² area adjoining Intermin’s Lilyvale vanadium resource.

A FUTURE AUSTRALIAN LITHIUM PRODUCER