Kathleen Valley Resource Upgrade Doubles An Already World Class Lithium Resource
• The most recent Mineral Resource Estimate (“MRE”) for Kathleen Valley has delivered a world-class Resource of 156 Mt @ 1.4% Li2O and 130 ppm Ta2O5, for 2,100 kt of contained Li2O – this is over a 7x increase in tonnes of contained Li2O from the September, 2018 initial MRE of 21.2 Mt @ 1.37% Li2O, and more of a doubling of the July 2019 MRE of 74.9 Mt @ 1.3% Li2O.
• The Project is largely located over granted mining leases in a well serviced mining district of Western Australia ~350 km NNW of Kalgoorlie – Western Australia is the dominant producer of spodumene concentrates in the Western World.
• Kathleen Valley is ranked in the top tier of all deposits globally in terms of tonnage, grade and contained lithium; it is also one of the largest Resources globally in terms of contained Li2O that is either not currently supporting an operation or being developed.
