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See Hotcopper LTR
https://hotcopper.com.au/asx/ltr/
See thread: "NEWS :LTR Mila Resources signs agreement with Liontown to explore for lithium."
In the posts dated 27.7.23 [end[, one will see LOSTMAN's SATELLITE PIC OF MILA'S LICENCE
and that LIONTOWN KATHLEEN VALLEY --->>>FEEDS--->>>Mt Mann +++==>>>BORDER TO MILA, 2KM AWAY.
One can see the drill holes via satellite pics.
On Hotcopper Liontown:
Lostman has done a SCREEN SHOT of Mila Resources Listing Document, Fig 12.
Elsmicko has DONE a SATELLITE SHOT of Mila Resources Licence E36/876 ---"SEEN WHILE DRILL HOLES JUST OUTSIDE THE LICENCE & APPEARS INTO MILA LICENCE?"
Have a look - "News: LTR MILA RESOURCES signs agreement with Liontown to explore for lithium." [Top thread]
Click and the above 2 posts are dated 27.7.23 and the latest with the screenshots.
Enjoy. https://hotcopper.com.au/asx/ltr/
Mila Resources Listing Document consisted of 174 pages dated 29 Oct 2021.
The licence no : E36/876 [Single licence-Mila Resources]
Link: www.milaresources.com
FIGURE 12 -Pg 74/174
Licence 36/876 Kathleen Valley [Mila] shows "LI PEGMATITES MARKED IN PINK LETTERING."
Liontown is above Licence 36/876.
Pg 47/174 "Pegmatites DYKES are common in the region [Figure 12]....
Exploration was done by Jubilee Mines NL in 1998 & 2000 including ROCK CHIPS...." [read the rest and Liontown.]
My Comment:
Found the Mila Resources Kathleen Valley historical data etc from the ORIGINAL LISTING DOCUMENT FOR MILA as above.
Https://www.dhakatribune.com/financial-markets/2023//07/27/mile-resources-up-56-on-liontwon-deal-its-a-clever-deal 27.7.23
"There is more than just the usual farm-in agreement, there's some cleverness here. But Mila seems to have been able to vary the agreement in a way that MAXIMISES the future potential value.
But there is more to it. Liontown is developing a LITHIUM MINE RIGHT N E X T D O O R.
Any lithium found would therefore FEED straight through into their extant PROCESSING
& concentration plant & their OFF-TAKE CONTRACTS."
From the Mila Resources Twitter :
"Screenshot:
Through this agreement with Liontown , we will see LITHIUM EXPLORATION UNDERWAY
at this area of the Licence, & OPENED up for exploration whilst being insulated from costs.
This LITHIUM MINERALISATION has been shown to have STRATEGIC IMPORTANCE on an
INTERNATIONAL SCALE.- Mark Stephenson, Executive Chairman."
Another Mila tweet linked to the above:
"Liontown is one of the most successful lithium explorers in Australia and Mila will receive UP TO 16%
free carry on this area."
https://twitter.com/MilaResources/status/1684501094045569025 7 hrs ago, Thur, 27 July 2023
About Liontown:
Mkt Cap :A$6bn+ @A$2.79
Liontown : [1]"Liontown rejects A$5.5bn takeover bid that sparks lithium..."-Sydney Morning Herald, 28 Mar 2023
[2] "Mystery bidder tops Albermarle's $2.50 offer for Liontown."-Australian Financial Review, 1 May 2023.
But firstly, let us see what the assay results from the six-hole drilling campaign show.
P.S.
CE|O of Mila also stated: Mila Kathleen Valley is 2KM from Liontown's lithium.
P.S.
CE|O of Mila also stated: Mila Kathleen Valley is 2KM from Liontown's lithium.
Mila CEO interview with Zak Cafe, Thur, 27 July 2023.
https://twitter.com/ZakTradersCafe/status/1684542625750159360
Mark Stephenson, CEO , Mila told Zak today that Liontown is "taking it ==seriously"== relating to the
JV with Mila re: Kathleen Valley.
Mr Stephenson also said that Liontown's results are due and ==Liontown will speak of the JV with Mila===.!!!
Mr Stephenson also said that after the JV with Liontown, Mila will have 16% of the lithium.
Liontown, ASX, A$2.79 @Mkt Cap :A$6.144bn.
Liontown Kathleen Valley Lithium deposit:
"It is ==6 0 km NORTH of Leinster,=== a established mining region in W.Australia.
Liontown modelled 20 mineralised pegmatites at the project into 2, OUTCROPPING pegmatite swarms
-a shallow dipping NORTH-EASTERN swarm and a steeper dipping SOUTH WESTERN swarm at Mt Mann.
Mineralised pegmatites were found across a ====STRIKE LENGTH OF 1.7KM to a vertical DEPTH OF 600m."==
The NORTH EASTERN swarm hosts ==90% OF PEGMATITES."
https://nsenergybusiness.com/projects/kathleen-valley-lithium-project/
vs
Mila Resources Kathleen Valley:
"Single exploration licence covering an area=== of 7 . 2 5 km2,=== approximately== 30KM NORTH FROM LEINSTER."==
www.milaresources.com
Clown 🤡
2p by the end of today
3p by the end of next week
I'd love to see 6p but what percentage of times is Zak right? At the mo, I'd be more happy with MILA detailing it's own plans and results for the previously announced more cautious drilling programme
Should gap up tomorrow. News will make the round today. Big mining sites will cover it.
If Zak says 6p by the end of this month, I'll have doubled me wonga in 4 days!
Which is nice :)
Https://twitter.com/Capo_Of_AIM/status/1684514168865529857?s=20
Zak Mir charting MILA - 3p very soon.
Liontown are paying for all the Heritage Surveys, giving MILA free access to all the drilling assay results that'll be conducted, and a free 10% carry on the Lithium. Oh, nearly forgot - any gold they find belongs to us :)
However, I'm really miffed at the moment. I was going to buy in 2 days ago to reduce my average, but thought the quicker bet was on ECO (who are in Farm out talks right now). I wasn't expecting such terrific news at MILA for a while yet :(
Anyhoo, I sold some Glen this morning and bought more MILA. Just need 2.958p now to breakeven. I'm pretty confident the next few days/weeks/months will be highly profitable for all MILA shareholders.
Next stop 10p ! :)
Rex
The big thing here is the acreage mila own is good enough for a $6bn company to be interested and pay all the costs…and still give mila a free carry of 10%. Just remember Lionstown’s own acreage is next door.
To be fair the news is so huge it doesn't need any pump. I can see a lot of money moving in over the coming weeks and months driving this to all time highs.
-Australia
-Lithium
-Gold
-JV with one of the worlds largest lithium companies
Just seen this on ADVFN and it sums it up nicely
https://twitter.com/mikenarm/status/1684481840197795840?s=46&t=_ybVnpe01AP_F1Pw0JqKTg
Is this showing on anyone's top 5 risers? I've got Lookers at the top which probably isn't helping push it on.
Profit takers are getting cleared. Investors should move fast, as there will be more noise after the 11am Vox podcast.
https://www.youtube.com/watch?v=e9oSlVW_S2g
Will retest 6.5p
Taken a few more ahead of the podcast.
Check out DISH flava
We will be look at Mila Resources #MILA news on today's Taking Stock, live at 11am.
Join on the link below - feel free to leave comments on Mila or other stocks there now:
link - https://www.youtube.com/watch?v=e9oSlVW_S2g
Get ready!