REG - Mila Resources Plc - Field Sampling Completed: Kathleen Valley Project

Mila ResourcesAnnouncement

11/11/2024 07:15

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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                 info@milaresources.com

 Mila Resources Plc

 Jonathan Evans                  +44 (0) 20 7100 5100

 Tavira Financial Limited

 Nick Emerson                    +44 (0) 20 3143 0600

 SI Capital

 Damon Heath                     +44 (0) 20 3971 7000

 Shard Capital Partners LLP

 Susie Geliher / Charlotte Page  +44 (0) 20 7236 1177

 St Brides Partners Limited

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Image 3: Liontown geologist sampling prospective pegmatites.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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