Global Lithium Resources Encounters Positive Drilling at Manna Lithium Project

THE DRILL SERGEANT: Global Lithium Resources (ASX: GL1) reported receipt of further assay data from the company’s 100 per cent-owned Manna lithium project, located 100km east of Kalgoorlie in Western Australia.

Results from the latest RC and Diamond results include:

MRC0126
17 metres at 1.6 per cent lithium oxide (Li2O) from 114m;

MRC0108
15m at 1.2 per cent Li2O from 107m;

MRCD0059
9.43m at 1.18 per cent Li2O from 283m; and

MRCD0133
9.41m at 1.68 per cent Li2O from 341m.

The company explained these latest assay results have not been included in the Scoping Study due for completion in Q1 CY23.

They will, however, be added to the current MRE at Manna, to further extend the known size and increase the confidence levels of the classification of the Manna deposit.

Global Lithium’s 2023 exploration program is currently underway to map out the company’s larger tenement area since reaching 100 per cent ownership of the Manna lithium project.

“It gives us great satisfaction to see that the extensive work programs at our Manna lithium deposit continues to deliver excellent results and that the project is clearly emerging as a significant hard rock lithium resource in Western Australia,” Global Lithium Resources general manager exploration Stuart Peterson said in the company’s ASX announcement.

“It was a tremendous team effort for GL1 to achieve such a large resource upgrade in a relatively short timeframe, in addition to having sufficient drilling data to allow the Scoping Study to proceed uninhibited.

“These additional assay results, based on drilling that was undertaken after the mineral resource cut-off point, will provide a significant addition to the overall scale of the MRE as we aim to further increase the indicated classification across the Manna deposit.”

The Manna lithium project currently hosts a Mineral Resource Estimate of 32.7 million tonnes at 1 per cent Li2O.

 

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