Global Lithium Resources Delivers Increased Manna Deposit Exploration Upside
THE DRILL SERGEANT: Global Lithium Resources (ASX: GL1) received further assay results from a 2022 drilling program at the company’s 100 per cent-owned Manna lithium project, located on the outskirts of Kalgoorlie in Western Australia.
Global Lithium Resources said the results have highlighted a large-scale lithium bearing pegmatite system extending to the Northeast.
The company explained it had identified the Northeast spodumene extension of the Manna deposit late last year but due to priority placed on the Manna Resource upgrade, the area was not drilled until late in the 2022 exploration program.
Global Lithium has now received the majority of the results from this prospective area that highlight an 800 metres long zone containing large high-grade intercepts of spodumene bearing pegmatites, that extend along strike and down dip in all directions.
The company considers this new prospective zone to be a direct extension of the Manna deposit.
An interim resource upgrade is currently underway using the remaining assay results from the 2022 drilling program, which Global Lithium expects will improve its level of confidence and add to the overall size of the resource.
Reverse Circulation (RC) drilling results include:
MRC0192
19 metres at 1.2 per cent lithium oxide (Li2O) from 263m;
MRC0232
17m at 1.76 per cent Li2O from 341m; and
MRC0182
15m at 1.72 per cent Li2O from 277.
“I am very pleased with these exceptional assay results within the new North-eastern extension of the Manna Lithium deposit,” Global Lithium Resources general manager exploration Stuart Peterson said in the company’s ASX announcement.
“These results have increased our confidence that this new area could potentially hold significant tonnes and the company will continue to build on the existing Manna Resource.
“The exploration team have planned a large scale, 35,000m drilling program that is targeted to drill out and define new prospective areas within Manna.
“Our team continues to work hard to understand the extent of the possible strike length of the deposit outside of our current resource estimate.”
The Manna lithium project currently hosts a Mineral Resource of 32.7 million tonnes at 1 per cent Li2O.
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
