The Liontown Project is located 40km southwest of Charters Towers in North Queensland. It is accessed by the Flinders Highway and the Gregory Developmental Road. Tenure for the Liontown/Waterloo Project area comprises two exploration permits (or part thereof) and one mining licence.

The Liontown Project has a current Mineral Resource of 3.5Mt @ 10.0% Zn Eq. and is the largest resource at Thalanga.

Red River has commenced development activities at Liontown, with the intention to commence mining at Liontown in FY23. The Liontown deposit is open in all directions and is likely to be a key part of mining operations at Thalanga for the foreseeable future.

 

Liontown Project Location

 

Liontown Deposit

Mining at Liontown is estimated to have started on the gold-copper rich parts of the deposit in 1905, continuing until 1911. In 1952, a silver-lead lode, part of the Liontown Horizon was discovered and subsequently mined.

Mineralisation in the Liontown Horizon is developed in the basal siltstone unit of the hangingwall sequence, with the most consistent mineralisation lying immediately above the pumice breccia. Mineralisation is developed as multiple zones of stratiform, laminated, semiā€massive and rarely massive sulphide. The Liontown host rocks comprise a footwall sequence of dacitic pyroclastics termed pumice breccia, which has been strongly silicified and chlorite altered.

Liontown Deposit – Long Section

Liontown and Liontown East are part of the same mineralised system, which remains open along strike and depth.

 

Liontown Deposit – Conceptual Development