- Morella Corporation (1MC) kicks off drilling at its Mallina lithium project in Western Australia
- The program aims to better understand the “Pegmatite 2” target area
- Pegmatite 2 is just one of multiple pegmatite swarms that hold strong potential for additional mineralisation
- Results from the program are expected in Q4 2023
- 1MC shares last traded at 0.7 cents
Morella Corporation (1MC) has commenced drilling at its Mallina lithium project in the Pilbara, Western Australia.
The company has enlisted the services of Topdrill to conduct reverse circulation (RC) drilling.
The primary objective of this drilling campaign is to gain a deeper understanding of the width and depth of the “Pegmatite 2” target area.
Initial findings suggest that the pegmatite may have a true thickness of up to 20 metres.
Pegmatite 2 is also just one of multiple pegmatite swarms with significant potential for additional mineralisation.
The drilling program itself will encompass 66 RC holes spanning approximately 3800 metres, with the aim of completing the program by September’s end.
On July 7, 2023, the Department of Mines, Industry Regulation and Safety (DMIRS) officially granted approval for Morella Corporation’s program of works, which involves the use of ground-disturbing equipment.
Morella expects assay results to be available in the fourth quarter of 2023.
1MC shares last traded at 0.7 cents.