Liontown Resources (LTR) progresses a Native Title agreement for its Kathleen Valley project in the Goldfields-Esperance region of Western Australia
The project tenements are located on Tjiwarl land which is held under common law native title as recognised by the Federal Court of Australia
LTR has been advised by the Tjiwarl Aboriginal Corporation that the native title holders consent to the signing of the native title agreement for the area
Documentation is now being finalised and an official signing ceremony is scheduled for November 17
Shares have been trading 1.5 per cent higher at $1.91
Liontown Resources (LTR) has progressed a Native Title agreement for its Kathleen Valley lithium-tantalum project in the Goldfields-Esperance region of Western Australia.
The project tenements are located on Tjiwarl land, which is held under common law native title as recognised by the Federal Court of Australia.
LTR has been advised by the Tjiwarl Aboriginal Corporation that the native title holders consent to the signing of the native title agreement for the area.
With the consent, documentation is now being finalised and an official signing ceremony to formalise and commemorate the agreement is scheduled for November 17.
LTR said the signing ceremony represents a significant milestone for the company in advancing the development of the Kathleen Valley project.
Once signed, the agreement will provide the framework for both parties to work together to obtain the approvals needed to advance the project, while respecting and protecting the heritage and cultural values of the area.
Shares were trading 1.5 per cent higher at $1.91 at 2:48 pm AEDT.
