Pilgangoora Lithium Resource Update

Independent Review Confirms Status Of World Class Deposit

Updated Mineral Resource Estimate at Altura’s 100% owned Pilgangoora Lithium project of 26.06 million tonnes @ 1.20% Li2O (JORC Code 2012 Edition)

  • Contained lithium of 315,000 tonnes
  • The new estimate delivers 19.77 million tonnes (76% of total resource) in Indicated Resource category with lithium oxide grade in line with the previous Altura estimate
  • Result validates the previous resource estimate that formed part of the Scoping Study and confirms the project’s world class size and grade
  • Completion of the independent review paves the way for successful progression of the Pilgangoora Feasibility Study with a mine planning, scheduling and pit optimisation study underway utilising these results

 

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Posted in 2015 ASX