Global Lithium Resources Encounters Manna Lithium Pegmatites
THE DRILL SERGEANT: Global Lithium Resources (ASX: GL1) reported new results from a drilling program underway at the company’s Manna lithium project, located 100km east of Kalgoorlie in Western Australia.
A current diamond drilling program is following recent RC drilling, which from a single hole drilled within the known Resource, returned multiple wide LCT pegmatite intercepts of greater than 10m, which the company claims to further confirm the potential of the Manna lithium deposit.
Global Lithium said the diamond drilling campaign is showing the Manna Lithium bearing pegmatites extend up to 150m down dip past the current resource outline, adding that even deeper diamond drilling is planned to test the extent of the known deposit at depth.
“It’s very encouraging to see these great results at such an early stage of the drilling program and they further cement the company’s decision to acquire an 80 per cent interest in the Manna lithium project,” Global Lithium Resources head of geology Stuart Peterson said in the company’s ASX announcement.
“Further deeper diamond drilling will allow the Lithium bearing pegmatites to be targeted to a depth that has never been reached before at Manna, and potentially add critical mass to the size of the deposit which is due to be updated later this year.”
The Manna lithium project hosts a maiden Inferred Mineral Resource of 9.9 million tonnes at 1.14 per cent lithium oxide (Li2O).
Global lithium anticipates a Mineral Resource update to follow the drilling program along with additional metallurgical test work in Q4 2022.
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Email: info@globallithium.com.au
