Liontown Resources to Acquire Hang Gong Lithium-Tantalum Property

Battery Metals

Liontown Resources (ASX:LTR) has completed its due diligence on the Hang Gong lithium-tantalum property in Australia’s Northern Territory, and will complete the acquisition of the property by paying $75,000 to A & SF Maddalozzo.

Liontown Resources (ASX:LTR) has completed its due diligence on the Hang Gong lithium-tantalum property in Australia’s Northern Territory, and will complete the acquisition of the property by paying $75,000 to  A & SF Maddalozzo.
As quoted in the press release:

The Hang Gong property comprises two tenements, MLN16 and EMP28651, which will form part of Liontown’s larger, 80km2 Bynoe lithium-tantalum project located ~40km south of Darwin (Figure 1 and 2).
Pegmatites up to 390m long and 60m wide have been defined on Liontown’s project area by previous explorers, including Greenbushes Ltd, targeting tin-tantalum mineralisation which is commonly associated with lithium.
The Company intends to commence drilling at Bynoe in May 2016 subject to normal approvals.

Click here for the full press release.

The Conversation (0)
×