trending Market Intelligence /marketintelligence/en/news-insights/trending/u_ma--PZU17OjBSPLO7J4w2 content esgSubNav
In This List

Liontown outlines maiden resource for Toolebuc's Cambridge vanadium deposit

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall


Liontown outlines maiden resource for Toolebuc's Cambridge vanadium deposit

Liontown Resources Ltd. said July 30 that it outlined a maiden resource at the Cambridge deposit, part of the Toolebuc vanadium project in Queensland, Australia.

The inferred resource for the deposit stood at 83.7 million tonnes grading 0.30% vanadium pentoxide, using a 0.25% cutoff grade.

Results from historical drilling conducted by Intermin Resources Ltd. in 2008 was used as basis for the initial resource estimate for the Cambridge deposit, the company said. The area including the Cambridge deposit was relinquished by Intermin in 2015, which was subsequently acquired by Liontown in mid-2017.

A further drilling program will be conducted to extend the mineral resource, which remains open in all directions.