- Global Lithium Resources (GL1) reports another “exceptional” batch of assay results from its 2022 drilling program at its Manna lithium project in Western Australia
- The company says it has now received the majority of assays from the 2022 program, with the latest batch recording up to 1.76 per cent lithium
- These results, according to GL1, confirm the presence of a large-scale lithium-bearing pegmatite system extending to the northeast in the area
- Global Lithium now plans to target extensions to lithium-bearing pegmatites along-strike as part of its 2023 drilling work
- Global Lithium Resources shares are down 0.32 per cent to $1.57 at 12:31 pm AEDT
Global Lithium Resources (GL1) has reported another “exceptional” batch of assay results from its 2022 drilling program at its Manna lithium project in Western Australia.
The company said it had now received the majority of assays from the 2022 program, with the latest batch recording up to 1.76 per cent lithium across a 17-metre interval from 341 metres.
These results, according to GL1, confirmed the presence of a large-scale lithium-bearing pegmatite system extending to the northeast in the area.
General Manager of Exploration at Global Lithium Resources Stuart Peterson said he was “very pleased” with the assay results.
“These results have increased our confidence that this new area could potentially hold significant tonnes and the company will continue to build on the existing Manna resource,” Mr Peterson said.
The company said it was now planning a drilling program for 2023 that will include roughly 35,000 metres of drilling to define new prospective areas within Manna.
An interim resource upgrade is underway using the remaining assay results from the drilling program completed in 2022.
Global Lithium Resources shares were down 0.32 per cent to $1.57 at 12:31 pm AEDT.