Global Lithium on Lithium Hunt at Marble Bar
COMMODITY CAPERS: Global Lithium (ASX: GL1) is a recently-listed lithium exploration company with a primary focus on the company’s 100 per cent-owned Marble Bar lithium project (MBLP) in the Pilbara region of Western Australia.
Global Lithium has already defined a maiden Inferred Mineral Resource at the MBLP of 10.5 million tonnes at 1 per cent lithium at the Archer deposit, which it believes to confirm the project as an emerging new greenfields lithium discovery of note.
The Marble Bar project is located 150km south-east of Port Hedland and 15km north-west of Marble Bar in a neighbourhood that is already populated by globally significant lithium deposits, including the world-class Pilgangoora deposit of Pilbara Minerals (ASX: PLS) and the Wodgina deposit Joint Venture between Albemarle and Mineral Resources (ASX: MIN).
Global Lithium claims the MBLP exhibits spodumene bearing pegmatite intrusives within the project area greenstone, which is a similar geological setting to that as seen in those nearby major lithium deposits.
The company reported its maiden drilling program at the MBLP substantially extended the known strike length of known lithium mineralisation at the Archer deposit and its surrounds.
RC holes and surface rock chip samples recording lithium mineralisation and anomalism, with associated anomalous tantalum, which Global interpreted to be further evidence that the MBLP is continuing to emerge as an important spodumene lithium deposit in a premier hard rock lithium mining jurisdiction.
“Our maiden RC drilling program as a listed company has delivered some excellent results, providing us with a fantastic foundation to build on as we progress into our next phase exploration programs, which planning for is already well underway,” Global Lithium managing director Jamie Wright said.
“Our strategy of stepping out from Archer to test the broader area has given us confidence that mineralisation at the MBLP continues to extend beyond Archer and has now been traced for over six kilometres in a north-to-south strike direction, and remains open, including to the east and potentially into our newly acquired tenements.”
Email: info@globallithium.com.au
