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Please find attached information relating to more exciting infill and extensional drilling results from a 20,000m program of reverse circulation drilling currently being undertaken by Global Lithium Resources Limited (GL1), at the Manna Lithium Project within Breaker Resources NL’s 1.7Moz# Lake Roe Gold Project.
A maiden Inferred JORC Mineral Resource of 9.9Mt @ 1.14% Li2O and 49 Ta2O5 ppm^ was previously announced on 17 February 2022. The 5km x 1.5km pegmatite system at Manna is open in all directions. A Mineral Resource update for the Manna Lithium Project is expected following the drilling program and metallurgical test work in Q4 2022.
Breaker retains a 20% free-carried interest in the Manna Lithium Project with Global Lithium carrying all costs and expenditure to completion of a positive bankable feasibility study (BFS). Breaker is also entitled to milestone payments of up to $20 million.
On behalf of the Board of Directors,
Tom Sanders
Managing Director
Click here for the full ASX Release
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