Liontown (Zn, Pb, Cu, Au, Ag)

Royalty and Terms: 0.8% NSR royalty that covers the Liontown deposit and the western extension of the Thalanga geological package.
Operator:  Visit Red River Resources for more information
Primary Commodity: Zinc, Lead, Copper, Gold, Silver
Location: North Queensland, Australia
Reserves and Resources:
  • Measured and indicated resources (exclusive of reserves) of 285 Mlbs ZnEq (1.1 Mt @ 12.2% ZnEq)
  • Inferred resources of 872 Mlbs ZnEq (3.1 Mt @ 12.9% ZnEq)
Production: N/A

Catalysts:

  • Ongoing resource expansion in preparation for a construction decision
  • Positive construction decision on Liontown
  • Recent drill intersections including 2.7 g/t Au over 10 meters and 9.5% zinc equivalent over 12 meters
  • Exploration results on the wider land package, including Cougartown

More details in the 2022 Asset Handbook

 

 
Liontown, page 47
Source: Company disclosure and Osisko management estimates.