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FORT CONSTANTINE SOUTH - ELIZA CK
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Key Facts
Location:
Queensland, Australia
25 km NE of CLONCURRY Commodities: Copper, Gold
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Comparable Properties
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Latest Information  May 18, 2009 Liontown Resources has received confirmation from Exco Resources Limited (Exco), that following Exco meeting its minimum expenditure commitment during the option period of $200,000, Exco wishes to exercise its option to now enter into a formal joint venture with Liontown pursuant to which Exco can earn a 70% interest in the Fort Constantine South IOCG Project, Queensland, Australia. June 30, 2006 A program of Deep Pole-Dipole IP ground work and interpretation was undertaken and completed during the quarter. A major East-West conductor was identified along the northern flank of a fault, coincident with an elevated magnetic signature. In addition, two other areas, one of which lacks associated magnetics, have been identified on the flanks of the target area. September 30, 2005 An agreement with the Traditional Owners has recently been concluded, paving the way for the renewal of title for the lease which was granted to the Company in late August. The contiguous Eliza Creek property is being renewed and an ancillary agreement has been signed with the local native title custodians. |
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