Global Lithium Resources (ASX: $GL1) Manna Lithium Project update

Global Lithium Resources Limited (ASX: $GL1) has announced the final results from the 2023 Manna Drilling Program, revealing the completion of the assay results from the CY23 60,000m Reverse Circulation (RC) and Diamond Drilling (DD) Program at the Manna Lithium Project. The company is currently working on updating the Mineral Resource Estimate (MRE), expected to be completed in Q2 CY24, which will be included in the Manna Definitive Feasibility Study (DFS).

Executive Commentary on Manna Lithium Project

Logan Barber, Global Lithium General Manager - Geology, expressed satisfaction with the final assay results, highlighting the continuity and high-grade nature of the Manna Lithium Deposit. He also mentioned the company's anticipation of incorporating these results into the updated Mineral Resource Estimate, forming part of the Manna DFS. Barber further stated that the exploration team is preparing for the third successive drill campaign at Manna, focusing on potential new zones of shallow lithium mineralization southwest and along the strike of the Manna Lithium Deposit.

Summary of Manna Lithium Project Update

Global Lithium Resources Limited has successfully completed the Manna Lithium Project drilling program, with significant high-grade intercepts reported from the Manna North, Central, and South areas. The company is currently working on updating the Mineral Resource Estimate (MRE), expected to be completed in Q2 CY24, which will be included in the Manna Definitive Feasibility Study (DFS). The results indicate the Manna pegmatite system is open to the north and at depth, with potential for underground development. Additionally, new pegmatite lenses have been identified, and upcoming exploration drilling is planned to test under areas of cover for shallow spodumene-bearing pegmatites. Global Lithium Resources remains focused on advancing its Manna Lithium Project and is poised for further exploration and development activities in the coming months.