Liontown Resources |

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.

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.

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