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Liontown Resources begins drilling for lithium at Kathleen Valley

Published: 11:00 17 Feb 2017 AEDT

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The program will initially comprise 2,000–3,000 metres of drilling

Liontown Resources (ASX:LTR) has commenced the maiden reverse circulation drilling program at its Kathleen Valley Lithium-Tantalum Project, located in the Eastern Goldfields of Western Australia.

The Kathleen Valley Project is located 680 kilometres northeast of Perth and near to infrastructure, including the Goldfields Highway and the Goldfields Natural Gas Pipeline.

The program will initially comprise 2,000–3,000 metres of drilling and will test beneath and along strike of spodumene-mineralised pegmatite outcrops.

Previous rock chip sampling of these outcrops had returned numerous high grade lithium (>2% lithium) and tantalum values (up to 735ppm tantalum).

Liontown has mapped a pegmatite trend at surface which is more than 1-kilometre long, up to 30 metres wide and open along strike.

There has been no previous drilling in the immediate area or beneath the mineralised pegmatites.

The previous exploration at the project area focused on gold and nickel with the lithium potential untested.

Furthermore, Liontown is planning to soon start drilling at the Lake Percy Lithium Project in the heart of the Southern Yilgarn lithium province in Western Australia.

Importantly, the company has already identified a 2 kilometre-long strong lithium trend with thick pegmatites.

The project is located just 60 kilometres from Kidman Resources’ (ASX:KDR) world-class Earl Grey lithium discovery.

Liontown’s share price has increased more than 70% since the start of 2017, last trading at $0.029.

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