The mineral resource estimate for the Kathleen Valley lithium/tantalum project, in Western Australia, has increased by 353%, on the back of new drilling results.
ASX-listed Liontown Resources told shareholders on Tuesday that the Kathleen Valley measured, indicated and inferred resource was now estimated at 74.9-million tonnes, grading 1.3% lithium oxide and 140 parts per million of tantalum pentoxide, containing some 0.97-million tonnes of lithium oxide and 2.5-million tonnes of lithium carbonate equivalent.