Project Highlights

Kathleen Valley Lithium Project, Western Australia

  • 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.

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Buldania Lithium Project, Western Australia

  • 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.

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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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