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First Lithium (ASX: $FL1) reports high-grade Li2O intersections at Blakala prospect

First Lithium (ASX: $FL1) reports high-grade lithium assay results at Blakala prospect


First Lithium Ltd (ASX: $FL1) has announced the receipt of high-grade assay results for fifteen diamond drill holes and sixteen reverse circulation (RC) pre-collar holes at the priority 1 lithium prospect at Blakala, located in the Gouna permit, Mali. The results include high to very high-grade Li2O intersections from the diamond drill holes BDFS25 to BDFS39 and RC pre-collar holes BRCD01 to BRCD16, with the aim of intersecting the Main pegmatite body at approximately 100m below the surface. The company has completed a total of 8,368m of Diamond and 3,838m of RC drilling for the current phase.

Executive Commentary on High-Grade Assay Results


The Managing Director of First Lithium Ltd, Venkat Padala, expressed satisfaction with the ongoing assay results, highlighting the significant grades identified in the latest sample results from the laboratory. He also mentioned that the remaining results are expected in the coming month, with the company's maiden JORC resource to follow. A total of 664 samples, including QA/QC samples, have been received, and good correlation was found on all QA/QC samples.

Summary of High-Grade Assay Results and Outlook


First Lithium Ltd (ASX: $FL1) has reported high-grade lithium assay results from the diamond and RC drillholes at the Blakala prospect in Mali. The results indicate high to very high-grade Li2O intersections, with the company completing a total of 8,368m of Diamond and 3,838m of RC drilling for the current phase. The ongoing assay results have been impressive, and the company anticipates the remaining results in the coming month, with the maiden JORC resource to follow. First Lithium remains committed to lithium exploration and sustainable development, with a focus on pioneering projects like Blakala and Faraba in Mali, while ensuring environmentally sensitive practices.

FIRST LITHIUM LIMITED
FL1 | ASX | Materials
0.1750.005(+2.94%)
At close 05/07 (AEDT)
Market cap
$18.5M
Volume
33,780
DY Yield
0
PE Ratio
0
52 Week Range
0.17 - 0.833
1YR Return
N / A

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