Company Announcements

Field Sampling Completed: Kathleen Valley Project

Source: RNS
RNS Number : 6844L
Mila Resources PLC
11 November 2024
 

Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources

 

11 November 2024

Mila Resources Plc

('Mila' or the 'Company')

 

Field Sampling Completed at Mila's Kathleen Valley Project

 

Mila Resources (LSE:MILA), the post-discovery exploration accelerator, is pleased to announce the completion of a field sampling programme conducted by the Liontown Resources Limited (ASX:LTR) ('Liontown') team at the Kathleen Valley Project in Western Australia ('Kathleen Valley' or the 'Project'). A total of 15 samples were taken of in-situ pegmatite veins by joint venture partner, Liontown, with results pending.

 

The programme was completed alongside the Tjiwarl people following extensive communication and engagement with the Tjiwarl Aboriginal Corporation. Through close collaboration, Liontown identified areas where geological sampling could proceed while protecting culturally sensitive zones.

 

The results of the sampling programme are expected to bolster results from previous exploration work undertaken by Liontown and previous operators, which has included mapping, soil sampling and aerial image surveying, in order to refine the geological model for Kathleen Valley and determine the most prospective targets for future exploration.

 

Mark Stephenson, Director of Mila Resources:

"We are delighted to receive this positive update from Liontown, both that their communication and relationship with the Tjiwarl peoples is good, having allowed the team to take samples, and to see their exploration plans for our licence to take shape.  We continue to stay in close contact with Liontown as they focus in on defining the southern extension of the Kathaleen Valley pegmatite belt, revealing the potential of the pegmatite swarms hosted on our land package.  We look forward to seeing how these results help refine future development plans at the Project and to working together with the Liontown team to realise the full potential of our Kathleen Valley Project."

 

**ENDS**

 

 

For more information visit www.milaresources.com or contact:

 

Mark Stephenson

Mila Resources Plc

 

info@milaresources.com

Jonathan Evans

Tavira Financial Limited

 

+44 (0) 20 7100 5100

Nick Emerson

SI Capital

 

+44 (0) 20 3143 0600

Damon Heath

Shard Capital Partners LLP

 

+44 (0) 20 3971 7000

Susie Geliher / Charlotte Page

St Brides Partners Limited

+44 (0) 20 7236 1177

 

Image 1: Pegmatite vein striking across basaltic host country rocks.

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Image 2: Outrcop of identified pegmatite ready to be sampled.

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Image 3: Liontown geologist sampling prospective pegmatites.

 

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Image 4: Large pegamtite showing sharp contacts with country rock and mineral zonation.

A rock with a pick on it Description automatically generated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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