Announcement Date: 2022-06-28
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Global Lithium Resources Ltd.
Project name: Manna
Location: Australia
Commodities: Lithium
Highlight: Drilling results incl. 15m @ 0.91% Li2O from 221m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Growing multi-asset West Australian lithium company Global Lithium Resources Limited (ASX: GL1, “Global Lithium” or “the Company”) is pleased to announce the first lithium assay results from its initial RC drilling program at the Manna Lithium Project, located 100km east of Kalgoorlie. The Manna Lithium Project hosts a maiden Inferred Mineral Resource of 9.9Mt @ 1.14% Li2O (100% basis)1 . After acquiring an 80% interest in Manna from Breaker Resources (ASX: BRB) in December 2021, GL1 engaged Snowden Optiro to undertake a Mineral Resource estimate using data compiled by Breaker Resources, including RC and DD results. Whilst they are early-stage results from this program, the assays provide GL1 with significant confidence in the Manna Lithium Project and confirm the findings from previous drilling undertaken by Breaker in 2018. The assay results highlighted above are the first to be reported from the Company’s maiden 20,000m RC program at Manna, which commenced in May and is being undertaken by experienced contractor Profile Drilling Services.
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