Ravensthorpe Lithium Project

LON will have 58 blocks (174km2) of highly prospective ground in a known lithium area
Between 2018 and 2019 exploration was limited to field inspections during which a number of lithium bearing pegmatites were discovered
These lithium occurrences are near the Galaxy Resources owned Mount Cattlin with a quoted resource of 8.2 million tonnes at 1.29% Li2O and 155ppm Ta2O5
The tenement remains underexplored
Its proximity to other lithium bearing pegmatites is encouraging
There is intense exploration activity in the region
LON plans to concentrate on the pegmatites and confirm the presence of Lithium after the IPO