- Global Lithium Resources (GL1) launches stage-two exploration drilling activities at its Marble Bar lithium project (MBLP) in Western Australia
- GL1 is using 16,000 metres of reverse circulation (RC) drilling to explore previously identified lithium-bearing pegmatite corridors with a strike length of 25 kilometres
- The company will then begin a 4000-metre RC drilling program for its twin veins gold and base metal anomaly, 13 kilometres north of the archer lithium deposit
- Global Lithium says expanding the lithium resource at MBLP is a key focus of this year’s exploration campaign
- GL1 shares are up 0.99 per cent, trading at $1.53 at 11:25 am AEST
Global Lithium Resources (GL1) has launched its exploration drilling program at its Marble Bar lithium project (MBLP) in Western Australia.
Previous exploration demonstrated multiple prospective lithium bearing corridors, which are yet to be explored.
GL1 completed multiple heritage surveys on intercepted pegmatite corridors during its 2022 exploration program and will focus on these and other known lithium-mineralised target areas in its upcoming 20,000-metre drill program.
The company has delegated 16,000 metres of reverse circulation (RC) drilling to explore the lithium-bearing potential of these pegmatite corridors, which follow a strike length of 25 kilometres.
Secondly, a 4000-metre RC drilling program is set to commence on Global’s twin veins bold and base metal anomaly this month, 13 kilometres north of the Archer lithium deposit.
This portion of the work will begin once a dipole-dipole-induced polarisation (DDIP) electromagnetic survey had been completed, in order to highlight any chargeable anomalies that could become new drill targets.
Global lithium General Manager of Exploration Stuart Peterson said he was pleased to kick off the 2023 explorations at MBLP.
“We have only explored about six kilometres of the projected 25-kilometre lithium prospective strike length, so I believe that MBLP could hold additional lithium discoveries as we progress exploration further,” he said.
“Also, being able to explore the potential of the Twin Veins gold and base metal anomaly in this year’s program is very exciting and I look forward to providing regular updates as results become available.”
The company has put provisions in place to extend the drilling program if significant results are acquired.
GL1 shares were up 0.99 per cent, trading at $1.53 at 11:25 pm AEST.