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- Global Lithium Resources (GL1) expands mineralisation at depth from initial drilling at the Manna lithium project near Kalgoorlie, WA
- The company reports “significant” intervals of lithium mineralisation have been intersected in its initial reverse circulation (RC) drill program
- The results verify previous drilling undertaken by Breaker Resources (BRB) and expand the orebody at depth whilst remaining open
- The company is continuing RC drilling and has commenced a diamond drilling program to further expand mineralisation
- Shares in the company last traded at $1.27 each on June 27
Global Lithium Resources (GL1) has expanded mineralisation at depth from initial drilling at the Manna lithium project near Kalgoorlie, Western Australia.
The company reported “significant” intervals of lithium mineralisation were intersected in its initial reverse circulation (RC) drill program.
The results verified previous drilling undertaken by Breaker Resources (BRB) and expanded the orebody at depth whilst remaining open.
One of the best results came from MRC0028 which intersected 12 metres at 0.75 per cent lithium oxide from 41 metres, including four metres at 1.41 per cent lithium oxide.
The company will continue drilling to target lithium pegmatites along strike and at depth.
In addition, it has commenced a 4000-metre diamond drilling program which will be its first since acquiring 80 per cent of the project in December.
Head of Geology Stuart Peterson said it is pleasing to be progressing activities at the project.
“It is an exciting time for the company to have both the RC and diamond drilling programs progressing together backed by the confidence that these positive early assay results, which extend the orebody at depth, have delivered,” he said.
Shares in the company last traded at $1.27 each on June 27.
