Project Highlights

Kathleen Valley Lithium Project, Western Australia

  • A world-class lithium deposit with a Mineral Resource Estimate (MRE) of 156Mt @ 1.4% Li2O and 130ppm Ta2O(released May 2020).
  • 80% of the MRE is Measured and Indicated.
  • The MRE will provide the foundation for an updated Pre-Feasibility Study (PFS) due late 2020.
  • The updated PFS, which will build on a PFS completed in 2019, is designed to optimise and improve the planned development of the Project and will investigate both open pit and underground mining scenarios.
  • This is anticipated to deliver the best outcome for a Definitive Feasibility Study (DFS) which is scheduled to commence in 2021.
  • Kathleen Valley is the only uncommitted, globally significant  hard rock, lithium (spodumene) resource in Australia.
  • The Project is 100%-owned and located on granted Mining Leases in an established, well-serviced mining district close to existing infrastructure.

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Buldania Lithium Project, Western Australia

  • Anna pegmatite confirmed as significant new, West Australian lithium discovery with a Maiden Indicated and Inferred Mineral Resource Estimate (MRE):
    • 14.9Mt @ 0.97% Li2O and 44ppm Ta2O5 (see Table 1 for cut-offs applied)
    • Containing 144,530t of Li2O or 372,889t of lithium carbonate equivalent (LCE).
  • 60% of MRE is classified as indicated.
  • Mineralised system at Anna has been defined over 1.4km strike and remains open both along strike and at depth.
  • Second spodumene-bearing pegmatite swarm discovered 5-10km NW of Anna with initial drilling returning up to 6m @ 1.5% Li2O from 54m.
  • Similar geology to the Mt Marion and Bald Hill lithium deposits (71Mt and 26Mt respectively).
  • Large, prospective 330km2 area in a lithium-rich province, close to good infrastructure.
  • 100%-owned project

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Moora Nickel-Cu-PGE Project

  • Government geological mapping indicate a number of large, mafic-ultramafic intrusions in a structural setting similar to that which host magmatic nickel sulphide deposits elsewhere in the world (e.g. Nova, W.A).
  • Located in the same geological terrain as the Julimar discovery, 95 km south, where Chalice Gold Mines recently announced a high-grade Ni-Cu-PGE discovery hosted within a mafic-ultramafic intrusion (see ASX:CHN releases dated 23rd March and 15th April 2020).
  • Limited historical exploration at Moora has defined strong, Ni+Cu+PGE+Au anomalism spatially associated with mafic-ultramafic outcrops.
  • There has been no prior drill testing of the fresh, un-weathered bedrock at Moora.
  • The Project is 100%-owned and well serviced by transport and power infrastructure.

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Our Latest Investor Presentation

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