Global Lithium Resources Limited (ASX: GL1) has unveiled further encouraging results from the current drilling programme at the Manna Lithium Project, located 100km east of Kalgoorlie in Western Australia.
Highlights
Reverse circulation (RC) assay returns multiple +10m intercepts in a single drill hole — MRC0040 returned individual intercepts of:
* 10m @ 1.21% Li2O from 50m
* 12m @ 1.71% Li2O from 75m
* 11m @ 1.31% Li2O from 225m
* 6m @ 1.26% Li2O from 251m
Additional Reverse circulation (RC) assay results
— MRC0037 returned individual intercepts of:
* 5m @ 1.64% Li2O from 31m
* 6m @ 1.32% Li2O from 101m
* 3m @ 1.06% Li2O from 133m
The Diamond Drilling (DD) campaign is showing that the Manna Lithium bearing pegmatites extend up to 150m down dip past the current resource outline, with even deeper DD planned to test the extent of the known deposit at depth. The initial 4,000m DD programme commenced on schedule in June and is being undertaken by experienced drilling contractor, Mt Magnet Drilling.
The RC drilling programme’s standout result was from a single hole drilled within the known resource returning multiple wide LCT pegmatite intercepts of greater than 10m, further confirming the potential of the Manna Lithium deposit. The RC programme has been busy drilling the diamond pre-collar holes before continuing to target the pegmatite along strike in both directions to test the extent of the known resource.
The company is expecting the DD crew to start a double shift roster in the next 10 days, further accelerating the results from the drilling programme.
The Manna Lithium Project hosts a maiden Inferred Mineral Resource of 9.9Mt @ 1.14% Li2O (100% basis). The company anticipates a Mineral Resource update to follow the drilling program along with additional metallurgical test work in Q4 2022.
“It’s very encouraging to see these great results at such an early stage of the drilling programme and they further cement the company’s decision to acquire an 80% interest in the Manna Lithium Project,” Global Lithium Head of Geology, Stuart Peterson, said.
“The addition of the double shift for the Mt Magnet diamond drilling crew will speed up the flow of results from this program and enable early planning for the upcoming metallurgical test work.
“Further deeper diamond drilling will allow the Lithium bearing pegmatites to be targeted to a depth that has never been reached before at Manna, and potentially add critical mass to the size of the deposit which is due to be updated later this year.”
For further information please visit: https://globallithium.com.au/
