{"id":753,"date":"2023-10-31T05:29:14","date_gmt":"2023-10-31T05:29:14","guid":{"rendered":"https:\/\/economicherald.net\/?p=753"},"modified":"2023-10-31T05:29:14","modified_gmt":"2023-10-31T05:29:14","slug":"eye-on-lithium-krakatoa-simmers-on-the-asx-while-patriot-rocks-down-to-electric-avenue-2","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=753","title":{"rendered":"Eye on Lithium: Krakatoa simmers on the ASX, while Patriot rocks down to Electric Avenue"},"content":{"rendered":"<p>Krakatoa Resources has the drills spinning at King Tamba lithium project in WA<br \/>\nThe other Patriot \u2013 PAT \u2013\u00a0 taken higher on acquisition in Ontario<br \/>\nLiontown\u2019s Kathleen Valley project is more than 50% complete, with production in view for mid-2024<\/p>\n<p>Lithium news roundup, Tuesday October 31.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Krakatoa bubbles up as the drills spin<\/strong><\/h2>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/krakatoa-resources-kta\/\"><strong>Krakatoa Resources (ASX:KTA)<\/strong><\/a><\/p>\n<p>If an absolute <em>eruption<\/em> of price hasn\u2019t quite hit yet for critical minerals hunting junior Krakatoa, a boom of activity is certainly taking place. It\u2019ll definitely take the simmering +26% price action this afternoon, however.<\/p>\n<p>We have full details in today\u2019s <a href=\"https:\/\/stockhead.com.au\/resources\/krakatoa-launches-into-highly-anticipated-drilling-at-king-tambas-1-3km-long-lithium-corridor\/\">special report<\/a> about what\u2019s happening at the company\u2019s priority 42km2 King Tamba project in WA\u2019s Mid West, but just quickly:<\/p>\n<p>\u2022 The $10.4m market-capped company has begun a reverse circulation (RC) drill program to test high-grade lithium targets at King Tamba.<\/p>\n<p>\u2022 Grades of up to 4.3% Li from rock chip samples are being targeted.<\/p>\n<p>\u2022 Drilling will be conducted across the Wilsons, Loader and MGM prospects\u2026<\/p>\n<p>\u2022 \u2026 with 12-15 RC holes, spanning 1,200 metres, to be drilled as part of the campaign.<\/p>\n<p>\u2022 All three prospects have previously returned high-grade lithium results.<\/p>\n<p>Source: KTA ASX announcement<\/p>\n<p>Some 80km northwest of Mount Magnet, King Tamba is within the Dalgaranga greenstone belt that\u2019s known for enriched gold, zinc, base metals lithium and rare earth deposits related to pegmatites.<\/p>\n<p>Lithium is now front and centre on Krakatoa\u2019s radar, after it defined a 1.3km-long by 500m-wide mineralised zone including at the Wilsons prospect where 250m of continuous outcrop has been identified with results of up to 4.3% Li2O, 1.7% rubidium and 0.5% caesium.<\/p>\n<p>Krakatoa\u2019s drill program is slated to be finished within 10 days, with samples to be sent to a lab in Perth.<\/p>\n<h2><strong>KTA share price<\/strong><\/h2>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span><span class=\"mce_SELRES_start\">\ufeff<\/span><span class=\"mce_SELRES_start\">\ufeff<\/span><span class=\"mce_SELRES_start\"><\/span>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h2>Mooners and shake-outs<\/h2>\n<p><strong>What\u2019s electrifying today? <\/strong><\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/enterprise-metals-ent\/\"><strong>Enterprise Metals (ASX:ENT)<\/strong><\/a> <strong>+33% (up on no news)<\/strong><\/p>\n<p><strong> <a href=\"https:\/\/stockhead.com.au\/company\/krakatoa-resources-kta\/\"><strong>Krakatoa Resources (ASX:KTA)<\/strong><\/a> +26% (up on: King Tamba drilling \u2013 see above)<\/strong><\/p>\n<p><strong><a href=\"https:\/\/stockhead.com.au\/company\/patriot-lithium-pat\/\"><strong>Patriot Lithium (ASX:PAT)<\/strong><\/a> +24% (up on: Electric Avenue \u2013 see a bit further below)<\/strong><\/p>\n<p>\u00a0<\/p>\n<p><strong>What needs recharging today? <\/strong><\/p>\n<p><strong><a href=\"https:\/\/stockhead.com.au\/company\/accelerate-resources-ax8\/\"><strong>Accelerate Resources (ASX:AX8)<\/strong><\/a> -18%<\/strong><\/p>\n<p><strong><a href=\"https:\/\/stockhead.com.au\/company\/magnis-resources-mns\/\"><strong>Magnis Energy Technologies (ASX:MNS)<\/strong><\/a> -14%<\/strong><\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/wildcat-resources-wc8\/\"><strong>Wildcat Resources (ASX:WC8)<\/strong><\/a><strong> -16%<\/strong><\/p>\n<p>\u00a0<\/p>\n<h2>ASX lithium form guide:<\/h2>\n<p><strong>Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop. (Note: figures accurate per ASX at 3pm.)\u00a0<\/strong><\/p>\n<p><em>Stocks missing from this list?<\/em><\/p>\n<p><strong><em>Email rob.badman@stockhead.com.au\u00a0and\/or\u00a0cameron.drummond@stockhead.com.au<\/em><\/strong><\/p>\n<div class=\"supsystic-table-loader spinner\"><\/div>\n<div class=\"supsystic-tables-wrap \">CODE COMPANY PRICE DAILY RTN % 1 WEEK % 1 MTH % 1 YR % MARKET CAP ADV Ardiden Ltd 0.005 0% 25% -9% -29% $13,441,677 AGY Argosy Minerals Ltd 0.16 -3% -6% -18% -69% $231,727,237 1MC Morella Corporation 0.005 -9% -17% -17% -77% $33,762,606 AML Aeon Metals Ltd. 0.012 0% 9% -20% -56% $13,156,807 ASN Anson Resources Ltd 0.165 3% 6% 18% -46% $205,718,267 AVZ AVZ Minerals Ltd 0.78 0% 0% 0% 0% $2,752,409,203 CXO Core Lithium 0.35 0% 6% -14% -74% $747,927,440 EMH European Metals Hldg 0.615 -2% -5% -12% -19% $80,042,792 ESS Essential Metals Ltd 0.5 0% 9% 3% 9% $135,278,382 EUR European Lithium Ltd 0.065 -4% -6% -14% -28% $94,808,264 GLN Galan Lithium Ltd 0.6075 -5% -11% -7% -60% $226,062,259 INF Infinity Lithium 0.084 -1% 2% 5% -60% $39,320,328 INR Ioneer Ltd 0.1375 -8% -8% -39% -75% $316,653,948 JRL Jindalee Resources 1.265 -4% -7% -28% -45% $79,040,235 LIT Lithium Australia 0.033 3% 6% -3% -31% $39,110,134 LKE Lake Resources 0.1625 -4% -4% -10% -84% $241,815,600 LPD Lepidico Ltd 0.009 0% -10% -10% -53% $68,744,772 LPI Lithium Pwr Int Ltd 0.525 0% -1% 46% -12% $330,349,719 LTR Liontown Resources 1.63 -1% -9% -45% -12% $3,944,254,717 MIN Mineral Resources. 57.92 -4% 3% -14% -19% $11,750,222,966 MLS Metals Australia 0.037 -5% 3% 9% -8% $24,337,411 AKE Allkem Limited 9.56 -4% -8% -19% -32% $6,348,460,439 PLL Piedmont Lithium Inc 0.425 -7% -11% -31% -54% $167,274,744 PLS Pilbara Min Ltd 3.665 -4% 2% -15% -25% $11,496,147,361 QPM Queensland Pacific 0.057 -2% -3% -17% -64% $116,725,163 PSC Prospect Res Ltd 0.087 -4% -8% 14% -13% $42,065,611 RLC Reedy Lagoon Corp. 0.005 0% 0% -17% -60% $3,083,418 SYA Sayona Mining Ltd 0.0745 -8% -8% -20% -68% $833,756,977 TKL Traka Resources 0.005 0% 0% 0% -17% $4,376,646 TON Triton Min Ltd 0.027 -4% -4% 23% 17% $43,717,957 VUL Vulcan Energy 2.08 -4% -11% -28% -71% $365,287,603 GL1 Globallith 1.19 -1% -4% -13% -52% $313,132,142 BMM Balkanminingandmin 0.13 4% -4% -35% -53% $8,600,897 LEL Lithenergy 0.71 5% 23% 18% -37% $69,531,750 ARN Aldoro Resources 0.09 -9% 2% 0% -69% $13,327,751 NMT Neometals Ltd 0.205 -11% -31% -45% -81% $127,260,826 IGO IGO Limited 9.43 -3% -11% -26% -39% $7,337,925,108 AAJ Aruma Resources Ltd 0.032 0% -6% -11% -54% $6,300,528 PAM Pan Asia Metals 0.15 0% -25% -25% -63% $23,823,215 AX8 Accelerate Resources 0.037 -18% 23% 48% 23% $20,970,099 AM7 Arcadia Minerals 0.085 0% -12% -19% -73% $9,269,259 AS2 Askarimetalslimited 0.155 0% -18% -16% -64% $11,904,033 BYH Bryah Resources Ltd 0.013 8% -7% -13% -40% $4,303,263 EMS Eastern Metals 0.032 3% 3% -3% -73% $2,555,214 FG1 Flynngold 0.061 -6% -10% 2% -47% $8,864,868 FRS Forrestaniaresources 0.034 0% 17% -24% -83% $3,478,255 GSM Golden State Mining 0.019 0% -44% -47% -47% $3,630,677 IMI Infinitymining 0.12 0% 0% 9% -49% $9,343,166 LRV Larvottoresources 0.16 0% 60% 28% -9% $10,760,756 MMC Mitremining 0.225 -2% -4% -17% 29% $10,430,523 RAG Ragnar Metals Ltd 0.022 0% 5% -4% 5% $10,427,581 CTN Catalina Resources 0.004 0% 0% 0% -43% $4,953,948 TMB Tambourahmetals 0.115 0% -8% -43% -15% $9,538,141 TEM Tempest Minerals 0.007 0% -13% -22% -76% $3,579,684 EMC Everest Metals Corp 0.098 4% -7% -15% -2% $12,528,612 WCN White Cliff Min Ltd 0.011 0% -8% 0% -45% $13,827,204 WML Woomera Mining Ltd 0.009 0% -10% -18% -33% $8,605,751 AZL Arizona Lithium Ltd 0.017 6% 21% 13% -79% $51,115,035 CRR Critical Resources 0.027 0% -4% -29% -53% $48,001,958 KGD Kula Gold Limited 0.014 17% 17% 8% -61% $4,478,543 LRS Latin Resources Ltd 0.235 -8% -6% -4% 104% $706,989,081 PNN Power Minerals Ltd 0.275 6% 12% 10% -43% $20,726,206 WR1 Winsome Resources 1.33 -3% 15% -10% 183% $242,364,879 KZR Kalamazoo Resources 0.09 -5% -3% -14% -53% $16,110,457 MTM MTM Critical Metals 0.02 -13% -5% -46% -83% $2,284,753 QXR Qx Resources Limited 0.024 -4% 4% 0% -60% $27,643,196 SCN Scorpion Minerals 0.052 -2% -5% -5% -26% $18,375,428 AZI Altamin Limited 0.059 0% 0% -9% -31% $23,111,288 ENT Enterprise Metals 0.004 33% 0% 0% -60% $2,398,413 KAI Kairos Minerals Ltd 0.016 0% -24% -27% -41% $41,934,595 STM Sunstone Metals Ltd 0.018 -5% 29% 6% -42% $58,557,713 PGD Peregrine Gold 0.295 9% 4% 18% -30% $15,194,955 AVW Avira Resources Ltd 0.002 0% 33% 0% -33% $4,267,580 NVA Nova Minerals Ltd 0.26 -3% -2% 6% -63% $56,413,065 GT1 Greentechnology 0.4 1% 0% -5% -57% $84,126,122 BNR Bulletin Res Ltd 0.16 0% 39% 103% 23% $46,974,576 CAI Calidus Resources 0.195 11% 30% 26% -44% $106,791,476 MRR Minrex Resources Ltd 0.015 7% -6% 7% -65% $15,188,145 A8G Australasian Metals 0.2 5% 0% 0% -15% $9,902,894 EFE Eastern Resources 0.008 0% 0% -20% -77% $9,935,572 MQR Marquee Resource Ltd 0.025 -4% -4% -14% -59% $10,747,994 SRZ Stellar Resources 0.0085 0% -15% -29% -29% $9,334,585 LSR Lodestar Minerals 0.005 0% 0% -17% 0% $10,116,987 NWM Norwest Minerals 0.03 0% -6% 0% -25% $8,627,085 AOA Ausmon Resorces 0.0035 0% 17% 17% -42% $3,524,498 VKA Viking Mines Ltd 0.009 -10% 0% -10% 29% $10,252,584 IPT Impact Minerals 0.01 11% 0% -17% 67% $25,782,335 SRI Sipa Resources Ltd 0.021 0% -5% 5% -58% $4,791,321 VMC Venus Metals Cor Ltd 0.105 0% 5% -16% 25% $19,921,512 RGL Riversgold 0.0095 -5% -5% -27% -78% $9,512,615 ZNC Zenith Minerals Ltd 0.089 0% -7% -19% -69% $31,361,899 RAS Ragusa Minerals Ltd 0.039 8% 22% 5% -82% $5,133,556 G88 Golden Mile Res Ltd 0.018 6% -10% -40% -29% $5,599,622 EPM Eclipse Metals 0.01 0% -9% -23% -47% $20,280,598 EVR Ev Resources Ltd 0.011 0% 0% -15% -45% $10,392,578 WC8 Wildcat Resources 0.72 -16% 24% 62% 2082% $895,130,574 MNS Magnis Energy Tech 0.056 -24% -24% -24% -85% $88,762,863 RIO Rio Tinto Limited 117.31 -1% 5% 3% 32% $43,914,878,116 THR Thor Energy PLC 0.027 4% 13% -29% -64% $4,584,749 YAR Yari Minerals Ltd 0.017 0% 17% -6% -23% $8,200,083 MXR Maximus Resources 0.04 0% 8% 38% -2% $12,824,231 DRE Dreadnought Resources Ltd 0.031 3% -26% -34% -73% $103,708,359 MM1 Midasmineralsltd 0.15 0% 0% 0% -17% $12,982,087 M2R Miramar 0.023 -12% -32% -34% -73% $3,870,608 LLI Loyal Lithium Ltd 0.415 -6% -8% -37% -7% $35,825,292 LRD Lordresourceslimited 0.065 0% 5% -7% -80% $2,413,588 WMC Wiluna Mining Corp 0.205 0% 0% 0% 0% $74,238,031 AUN Aurumin 0.029 0% 4% 7% -64% $9,234,849 ZEO Zeotech Limited 0.04 -2% -17% -26% 5% $69,942,846 ALY Alchemy Resource Ltd 0.01 0% -9% -13% -70% $11,780,763 LIS Lisenergylimited 0.23 -2% 2% 10% -44% $150,447,054 GW1 Greenwing Resources 0.13 0% 0% -4% -60% $22,652,693 KTA Krakatoa Resources 0.024 26% 33% 9% -61% $8,263,060 TYX Tyranna Res Ltd 0.017 6% 6% 0% -64% $52,582,805 DAF Discovery Alaska Ltd 0.015 -17% -21% -21% -52% $4,216,225 FTL Firetail Resources 0.105 0% 5% 6% -43% $15,635,083 IR1 Irismetals 1.53 -2% -3% -22% -10% $189,438,572 LNR Lanthanein Resources 0.007 17% 17% -13% -77% $6,729,453 DAL Dalaroometalsltd 0.03 0% -25% -42% -75% $2,448,000 TKM Trek Metals Ltd 0.052 2% 33% -5% -25% $25,379,644 CY5 Cygnus Metals Ltd 0.19 6% 52% 19% -63% $52,207,675 TUL Tulla Resources 0 0% -100% -100% -100% $118,262,971 WES Wesfarmers Limited 50.27 0% -2% -5% 14% $56,881,060,239 LLL Leolithiumlimited 0.505 0% 0% 0% -19% $498,553,663 OCN Oceanalithiumlimited 0.145 7% 0% -36% -70% $7,165,328 A11 Atlantic Lithium 0.39 -1% -15% -18% -39% $241,835,456 CMD Cassius Mining Ltd 0.034 0% -3% 10% 13% $16,888,759 VSR Voltaic Strategic 0.022 0% 10% -24% 10% $10,628,286 SGQ St George Min Ltd 0.044 7% 22% 10% -27% $34,709,574 LLO Lion One Metals Ltd 1 0% -7% 1% 33% $14,280,040 PAT Patriot Lithium 0.21 24% 24% 20% 0% $10,860,875 PL3 Patagonia Lithium 0.12 0% -20% 0% 0% $5,880,420 BUR Burleyminerals 0.2 -5% 5% 11% 8% $21,272,319 CHR Charger Metals 0.18 13% 13% 44% -60% $9,938,299 RMX Red Mount Min Ltd 0.004 0% -11% 14% -11% $10,694,304 DLI Delta Lithium 0.58 -3% -6% -23% 7% $317,589,951 LM1 Leeuwin Metals Ltd 0.27 6% -8% 8% 0% $11,420,175 FIN FIN Resources Ltd 0.029 4% 38% 142% 26% $17,388,990 DTM Dart Mining NL 0.019 0% -4% -8% -70% $3,683,066 NIS Nickelsearch 0.056 0% 14% -2% -56% $8,976,650 EG1 Evergreenlithium 0.245 7% 11% -13% 0% $12,932,900 MAN Mandrake Res Ltd 0.035 6% 6% -13% -3% $19,759,077 FBM Future Battery 0.091 -1% -8% -21% 57% $46,911,351 XTC Xantippe Res Ltd 0.001 0% 0% 0% -76% $17,528,005 LPM Lithium Plus 0.47 -3% 32% 0% -16% $32,004,277 KOB Kobaresourceslimited 0.07 -4% 4% -13% -73% $7,695,417 IEC Intra Energy Corp 0.0035 -13% -13% -30% -42% $6,643,126 REC Rechargemetals 0.125 14% -11% -38% -22% $12,248,717 SLM Solismineralsltd 0.25 -2% 14% 4% 285% $19,817,123 AZS Azure Minerals 3.48 -1% 43% 29% 1265% $1,560,175,341 DYM Dynamicmetalslimited 0.165 0% 0% -20% 0% $5,775,000 SBR Sabre Resources 0.04 0% 21% 18% -20% $11,659,447 ICL Iceni Gold 0.063 -2% -3% -17% -10% $15,350,857 TMX Terrain Minerals 0.005 0% 0% 0% -17% $6,767,139 MHC Manhattan Corp Ltd 0.005 0% -17% -29% -29% $14,684,899 MHK Metalhawk. 0.11 0% 29% 16% -41% $8,664,811 NKL Nickelxltd 0.059 2% 9% 4% -62% $5,093,280 ANX Anax Metals Ltd 0.035 0% -3% -3% -41% $15,046,637 PMT Patriotbatterymetals 1.16 -8% 0% -7% 0% $451,665,301 BM8 Battery Age Minerals 0.215 -14% 2% -20% -57% $22,284,222 L1M Lightning Minerals 0.125 -4% -7% 4% 0% $5,294,258 ADG Adelong Gold Limited 0.007 8% 17% 0% -13% $3,876,095 TOR Torque Met 0.185 -12% 23% -46% 0% $25,341,752 AL8 Alderan Resource Ltd 0.012 0% 20% 20% 50% $7,400,336 OZM Ozaurum Resources 0.094 12% 12% -6% 19% $13,335,000 FL1 First Lithium Ltd 0.35 -4% 35% 43% 94% $25,568,858 PLN Pioneer Lithium 0.315 17% 5% -18% 0% $7,674,750 WYX Western Yilgarn NL 0.078 7% 0% -15% -29% $3,624,998 RDN Raiden Resources Ltd 0.035 -5% 35% 13% 309% $86,427,011 PFE Panteraminerals 0.065 5% -4% 14% -32% $6,638,498 GRE Greentechmetals 0.41 9% 49% 3% 173% $21,310,833 OLY Olympio Metals Ltd 0.15 0% -6% -9% -17% $9,539,925 SUM Summitminerals 0.089 -3% -2% -23% -53% $4,384,456 JBY James Bay Minerals 0.31 3% 9% -18% 0% $9,733,500 JNO Juno 0.08 0% 3% 7% -19% $10,852,640 CC9 Chariot Corporation 0.29 14% 0% 0% 0% $18,699,550 OBM Ora Banda Mining Ltd 0.15 -6% 30% 36% 95% $272,871,179 <!-- \/#supsystic-table-13267.supsystic-table --><\/div>\n<p><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.30 --><!-- http:\/\/supsystic.com\/ --><a title=\"WordPress Tables Plugin\" href=\"https:\/\/supsystic.com\/plugins\/wordpress-data-table-plugin\/?utm_medium=love_link\" target=\"_blank\" rel=\"noopener\">WordPress Tables Plugin<\/a><\/p>\n<p>\u00a0<\/p>\n<h2>PAT is taken higher\u2026 oh yes<\/h2>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/patriot-lithium-pat\/\"><strong>Patriot Lithium (ASX:PAT)<\/strong><\/a><\/p>\n<p><em>PAT has rocked down to Electric Avenue, and that might take it higher. Oh no yes.<\/em><\/p>\n<p>Don\u2019t blame me for the ye olde lyrical referencing \u2013 our editor insisted. It\u2019s all his fault\u2026 honest.<\/p>\n<p>Fact is, though, PAT is up today on the back of the acquisition of an additional 536km2 of highly prospective claims in the \u201cElectric Avenue\u201d lithium district, in North-West Ontario, Canada.<\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24PAT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PAT<\/a> has added claims adjacent to Gorman in the \u201cElectric Avenue\u201d<br \/>The ground adjoins Frontier Lithium and has over 70km of strike covering the Bearhead Lake Fault<br \/>\u2013 outcropping pegmatites<br \/>\u2013 between PAK-Spark and Gorman<a href=\"https:\/\/t.co\/lz2Fzp4XMm\">https:\/\/t.co\/lz2Fzp4XMm<\/a><a href=\"https:\/\/twitter.com\/hashtag\/lithium?src=hash&amp;ref_src=twsrc%5Etfw\">#lithium<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/exploration?src=hash&amp;ref_src=twsrc%5Etfw\">#exploration<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ontario?src=hash&amp;ref_src=twsrc%5Etfw\">#ontario<\/a> <a href=\"https:\/\/t.co\/PCOdXC0ulX\">pic.twitter.com\/PCOdXC0ulX<\/a><\/p>\n<p>\u2014 Patriot Lithium Ltd (@Patriot_Lithium) <a href=\"https:\/\/twitter.com\/Patriot_Lithium\/status\/1719145496705687583?ref_src=twsrc%5Etfw\">October 31, 2023<\/a><\/p>\n\n<p>This will make Patriot Lithium the largest claim holder in the lithium-rich district. That might take it higher, indeed.<\/p>\n<p>The company notes:<\/p>\n<p>\u201cUpon exercise of its relevant option, Patriot will have a semi-contiguous regional claim packag eexceeding 890km2. The newly acquired claims cover several unexplored lithium-caesium-tantalum (LCT) pegmatite occurrences up to 40m wide.<\/p>\n<p>\u201cPatriot\u2019s claims now adjoin and partially surround Frontier Lithium\u2019s (TSXV: FL) claims to the south east that contain the world-class PAK-Spark Project, one of the largest and highest-grade lithium deposits in North America and which has announced intercepts including 398m at 1.88% Li2O2.<\/p>\n<p>\u00a0<\/p>\n<h2>PAT share price chart<\/h2>\n\n<p><span class=\"mce_SELRES_start\"><\/span>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h2>And, in other major ASX-housed lithium news\u2026<\/h2>\n<p>A beleaguered <a href=\"https:\/\/stockhead.com.au\/company\/liontown-resources-ltr\/\">Liontown Resources (ASX:LTR)<\/a> has noted today that its Kathleen Valley project is more than 50% complete, with a clear line of sight to first production mid-2024.<\/p>\n<p>During the September quarter, Liontown awarded the final major mining and construction contracts for Kathleen Valley, bringing capital costs committed to approximately 90% and de-risking the pathway to first production.<\/p>\n<h2>LTR share price chart<\/h2>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span><span class=\"mce_SELRES_start\"><\/span>\u00a0<\/p>\n<p><em>At Stockhead we tell it like it is. While Krakatoa Resources and Patriot Lithium are Stockhead advertisers at the time of writing, they did not sponsor this article.\u00a0<\/em><\/p>\n<p>\u00a0<\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/eye-on-lithium-krakatoa-simmers-on-the-asx-while-patriot-rocks-on-down-to-electric-avenue\/\">Eye on Lithium: Krakatoa simmers on the ASX, while Patriot rocks down to Electric Avenue<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Krakatoa Resources has the drills spinning at King Tamba lithium project in WA The other Patriot \u2013 PAT \u2013\u00a0 taken higher on acquisition in Ontario <a href=\"https:\/\/economicherald.net\/?p=753\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":749,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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