Announcement Date: 2022-05-02
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Global Lithium Resources Ltd.
Project name: Marble Bar
Location: Australia
Commodities: Tantalum,Lithium
Highlight: Drilling results incl. 4m @ 2.18% Li2O, 33ppm Ta2O5 from 13m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Growing lithium explorer, Global Lithium Resources Limited (ASX: GL1, Global Lithium or the Company) is pleased to report encouraging lithium assay results from its Q4 2021 and Q1 2022 Exploration Program at the Company’s wholly owned MBLP, located 150km southeast of Port Hedland in the Pilbara region of Western Australia. The majority of MBLP drilling has been designed to test geochemical trends and mapped pegmatite targets, particularly along the greenstone belt and also several granite hosted pegmatite targets between the Archer deposit and the Brockman Zone. Drilling of pegmatite targets in granite between the Archer deposit and the Brockman Zone continues to show promise, with anomalous lithium intersected in a number of drillholes, including several significant intercepts in the area extending south-east from Archer towards the Moolyella tin field. The significance of spodumene located within this part of the project demonstrates that the system is larger than originally thought and the Company intends to follow up on these targets throughout CY2022.
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