Leo Lithium Limited (ASX: LLL) has obtained further high-grade results from the Goulamina Lithium Project drilling programme in Mali, returning thick high-grade mineralization outside the current resource.
The Resource Drilling Programme at Goulamina had the main objective of increasing the confidence level of the orebody and converting a significant amount of Inferred Resource into the Indicated Resource category. An additional objective was the increase of the overall resource base at the Project.
“The latest results show excellent intercepts and grades outside the current pit shell. With the potential to grow the Mineral Resource outside the current project area, the opportunity to unlock further value from the outstanding Goulamina asset continues to be apparent,” Managing Director, Simon Hay, said.
“With drilling continuing, we remain on track to update the Mineral Resource Estimate for Goulamina in late June and release a reserve upgrade in August. Our project also remains on schedule for first spodumene concentrate product in late H12024, and early revenue materializing from the DSO in the second half of this year.”
These drilling results relate to the resource drilling campaign which was completed in March 2023. The key objective of the program was to increase the confidence level of the Mineral Resource.
For further information please visit: https://leolithium.com/
