Liontown Resources Provides Exploration Update At Toolebuc Vanadium Project

BEIJING (Asian Metal) 20 Jan 20 – Australian-based Liontown Resources Limited today provided an exploration update at Toolebuc Vanadium Project in Queensland.

At the Toolebuc Vanadium Project, good results have been received from drilling completed late last year to test potential extensions to the north of the existing Inferred Mineral Resource at the Cambridge deposit (~84Mt @ 0.30% V2O5).

However, given Liontown Resources’ focus on advancing the Kathleen Valley Project towards development, it has commenced a process to either divest the Toolebuc Vanadium Project or bring in a partner to advance it to the next stage.