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Morella Corporation (ASX:1MC) launches drilling program at Mallina, WA

ASX News, Materials
ASX:1MC      MCAP $15.44M
10 May 2023 13:05 (AEST)

Diamond core rig at Mallina project. Source: Morella Corporation

Morella Corporation (1MC) has launched a 3000-metre reverse circulation (RC) drilling program at its Mallina project in the Pilbara region of Western Australia.

The 40-hole drilling program comprises both extensional and development drilling, based on previous drilling campaigns and will test several new targets defined through mapping and surface sampling.

Morella awarded the mining contract to Topdrill following the completion of environmental, social and governance-related work streams in support of the program.

Meanwhile, the company was notified by the Department of Mines, Industry Regulation and Safety (DMIRS) its program of works for utilising ground-disturbing equipment has been approved.

The company’s primary focus of the campaign is to determine the extension of its previously identified high-grade pegmatite intercepts, including 16.4 metres of 1.24 per cent lithium oxide from 4.6 metres.

Morella Managing Director James Brown said the company’s Mallina project was a central part of its Pilbara lithium exploration program.

“This drilling program will allow us to better understand the extent of the known pegmatites and infill areas where we have information gaps and we are looking forward to some exciting results,” James Brown said.

On April 12, 1MC conducted a heritage survey with traditional owners of areas in the Mallina tenement and an anthropologist, coordinated by Terra Rosa Consulting. During the survey, no sites or artefacts of significance were identified.

1MC shares were up 5.56 per cent, and trading at one cent at 1:00 pm AEST.

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