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Initial 20,000m RC Drilling Campaign Underway
Growing multi-asset West Australian lithium company Global Lithium Resources Limited (ASX: GL1, “Global Lithium” or “the Company”) is pleased to announce that RC drilling had commenced at the Manna Lithium Project, located 100km east of Kalgoorlie.
Key Highlights
- Initial Reverse Circulation (RC) drilling program has commenced at the Manna Lithium Project
- Base of operations established to provide accommodation and infrastructure facilities
- Diamond drilling rig to join the program in June 22, targeting the LCT pegmatites at depth
- Results to be incorporated into updated Manna Mineral Resource later this year
Earlier this year, experienced contractor Profile Drilling Services (“Profile”) was appointed to undertake the RC drilling program which will initially comprise 20,000m of drilling. Profile is a Western Australianbased drilling services company which specialises in RC mineral exploration drilling and other mining services. Profile has mobilised the RC rig with a further diamond drilling rig planned to join the campaign in June.
The Company has also completed the deployment of a mobile camp at the Manna Project to provide accommodation and infrastructure facilities for both the geology team and drilling contractors onsite.
The Company anticipates, subject to the timely return of assays, to undertake a Mineral Resource update at the Manna Lithium Project following the drilling program. This is also likely to incorporate additional metallurgical test work which it is targeting to be completed in Q4 2022.
Global Lithium Head of Geology Stuart Peterson commented,
“We are pleased to announce that the Company has commenced active exploration activities at the Manna Lithium Project, marking an important milestone for GL1. We are excited to now be engaged in large scale exploration programs at both of our key projects in the Tier 1 lithium and mining jurisdiction of Western Australia. In addition to the commencement of drilling at Manna, our RC drilling campaign at the Marble Bar Lithium Project is also progressing well, with 53% of the 60,000m program completed to date.
“We look forward to updating the market and shareholders of our progress at Manna during drilling as the initial results from this program become available. The results from this program will be incorporated into an updated Manna Mineral Resource which we expect to announce later this year.”
Click here for the full ASX Release
This article includes content from TG Metals Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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