THE DRILL SERGEANT: Global Lithium Resources (ASX: GL1) reported initial lithium assay results from an exploration program currently underway at the company’s wholly owned Marble Bar Lithium Project (MBLP) southeast of Port Hedland in Western Australia.
Global Lithium Resources has to date received only a small number of results (from 14 drillholes) to date, however recent RC drilling in the Marble Bar Road reserve has highlighted multiple lithium intersections the company has interpreted to demonstrate the potential to grow the MBLP and extend the Archer deposit.
14 metres at 1.14 per cent lithium oxide (Li2O) and 44ppm tantalum pentoxide (Ta2O5) from 11m;
8m at 0.97 per cent Li2O and 53ppm Ta2O5 from 51m (not true width, downhole length only);
12m at 0.64 per cent Li2O and 50ppm Ta2O5 from 54m; and
4m at 1.55 per cent Li2O and 70ppm Ta2O5 from 37m.
“Our drilling earlier in 2021 and our subsequent targeting all suggested that the Marble Bar Road reserve offered significant exploration potential,” Global Lithium managing director Jamie Wright said in the company’s ASX announcement.
“We have been excited by what we have been seeing in this area and these initial assays clearly demonstrate the growth potential of the MBLP.
“Whilst only a small portion of assays have been received to date, the results we are seeing are very encouraging.
“The initial assay results, combined with the discovery of a new pegmatite zone within the road reserve so close to Archer, certainly highlights the underexplored nature of the MBLP.
“While our 2021 drilling program continues at MBLP, we are now looking ahead now to our 2022 program which will include follow up drilling of many of our untested existing, and newly identified targets.
“In addition, we will be focusing on exploration at our southern-most tenements where we have carried out aeromagnetic surveys and soil sampling programs.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE