The Buldania Project is Liontown’s second hard-rock lithium project in Western Australia, located in the southern part of the Eastern Goldfields Province - a region which also hosts the Mt Marion and Bald Hill lithium mines.
Historical mapping and exploration delineated a large spodumene-bearing pegmatite swarm that had not been previously assessed for lithium or associated rare metals. Drilling by Liontown has defined a maiden Mineral Resource Estimate of ~15Mt @ 1% Li2O at the Anna pegmatite.
Ongoing exploration at Buldania provides Liontown with the opportunity for significant organic growth within its 100%-owned lithium Resource base, which also includes the world-class Kathleen Valley Project.
The Buldania Project is a highly prospective land package close to major road and rail infrastructure, with direct links to the Port of Esperance, critical to the mining and production of bulk commodities such as spodumene concentrates. The Project is located approximately 600km east of Perth and 200km north of the regional port of Esperance.
Figure 1: Buldania Project – Location, tenure and regional geology plan
ANNA DEPOSIT - MAIDEN MINERAL RESOURCE ESTIMATE
The Indicated and Inferred Mineral Resource, which was prepared by independent specialist resource and mining consulting group Optiro Pty Ltd, comprises 14.9Mt @ 0.97% Li2O and 44ppm Ta2O5 and is set out in Table 1 below:
Table 1: Anna Deposit, Buldania Project – Mineral Resource as at October 2019
The Mineral Resource estimate is reported and classified in accordance with the guidelines of the 2012 Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code; 2012).
View the Mineral Resource Estimate here: https://www.ltresources.com.au/sites/default/files/asx-announcements/6954150.pdf
At the Anna deposit eight mineralised pegmatites (Figure 2) have been identified that are sub-horizontal in the northwest (dips of 0° to -10°) and which steepen in the southeast (dips of up to -65° to the west and to the east). The mineralised pegmatites have been drilled over an area of 1,300 m by 380 m and to a depth of 300 m. The individual mineralised pegmatites are up to 35 m thick and have an average thickness of 4m to 9m and a combined average thickness of 26 m.
Figure 2: Anna Deposit – 3D view (looking northeast) of drill holes and mineralised pegmatites
Figure 3: Drill rig operating at the Buldania Project in August 2018.
View our Kathleen Valley Lithium Project