Exceptional Manna Drilling Results Include 24m @ 1.03% Li2o

Growing multi-asset West Australian lithium company Global Lithium Resources Limited (ASX: GL1, “Global Lithium” or “the Company”) is pleased to announce that the Reverse Circulation (RC) drilling program at the Manna Lithium Project has returned the largest single intercept of a Lithium Bearing Pegmatite in the project’s history.

Key Highlights

• RC drilling assay results returned from Manna include the largest single interval to date

• MRC0048 returned individual intercepts of:

• 24m @ 1.03% Li2O from 159m

• Including

• 11m @ 1.37% Li2O from 164m

• 6m @ 1.27% Li2O from 177m

• Significant lithium intervals returned 220m North of existing resource outline include:

• MRC0043 returned individual intercepts of:

• 7m @ 1.60% Li2O from 39m

• 3m @ 1.86% Li2O from 53m

• 1m @ 2.25% Li2O from 90m

• MRC0044 returned individual intercepts of:

• 9m @ 1.32% Li2O from 101m

• 10m @ 1.45% Li2O from 174m

• MRC0046 returned individual intercepts of:

• 7m @ 1.41% Li2O from 163m

• 4m @ 1.54% Li2O from 213m

• 6m @ 1.57% Li2O from 232m

• Updated Manna Mineral Resource Estimate anticipated Q4 2022

In addition to this notable achievement, further significant lithium assay results were returned which extend the northern strike by 220m from the existing assay results.

Ongoing ground mapping of the north/eastern extension target area at Manna has identified large outcropping pegmatites 1,000m along strike from the current resource outline.

The RC drilling program is currently focused to drill out this extended area so that results can be included in the updated Mineral Resource Estimate (MRE), which the Company plans to release in Q4 2022.

An additional Program of Works (POW) has been submitted to the Mines Department to cover off the expanded exploration program.

The Manna Lithium Project hosts a maiden Inferred Mineral Resource of 9.9Mt @ 1.14% Li2O (100% basis)¹. The Company anticipates releasing the update MRE following the completion of the drilling program as well as additional metallurgical test work in Q4 2022.

Global Lithium General Manager - Exploration, Stuart Peterson commented,

“The Manna project is continuing to impress with these exceptional results. The north/eastern extension of the deposit is proving to be very encouraging, and the RC drilling program has been targeted to drill this new area in time for inclusion in our updated MRE in Q4.

The diamond drilling program performed by Mt Magnet drilling has started night shift this week and is on target to finish the program in about 6 weeks. The core is currently being processed onsite and shipped to Perth ready for assay. The diamond drilling program has been designed to test the extension of the LCT pegmatites at depth as well as providing representative core for the upcoming metallurgical test work and feasibility studies.”

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