Liontown gets maiden vanadium resource at Toolebuc
PERTH (miningweekly.com) – ASX-listed Liontown Resources has reported a maiden inferred mineral resource of some 83.7-million tonnes at its Toolebuc project, in Queensland, grading 0.30% vanadium pentoxide.
MD David Richards said on Monday that the maiden Joint Ore Reserves Committee-compliant resource, which was based on extensive historical drilling, demonstrated the significant scale and potential of the project.
“The Cambridge deposit has a number of exciting attributes which make it a significant and potentially valuable addition to our portfolio of Australian battery metals projects.
“These include the shallow nature of the mineralisation, its proximity to major existing regional infrastructure, and the fact that it remains opens and offers substantial growth potential, plus the opportunity for further discoveries within our large tenement holding.”
Richards said that Liontown would pursue the project, in parallel with its emerging lithium projects at Kathleen Valley and Buldania, in Western Australia.
In addition to the maiden inferred resource, the Cambridge deposit also holds an exploration target of between 100-milliion to 110-million tonnes, at an average grade of between 0.28% to 0.32% vanadium pentoxide.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation