Loyal Lithium (ASX: $LLI) announces high-grade drill assay results at Trieste Lithium Project

Loyal Lithium Limited (ASX: $LLI) has announced the latest high-grade drilling assays from Dyke #04, marking significant progress at the Trieste Lithium Project. The winter drilling program has delivered promising shallow high-grade assay results, with three of the six known spodumene dykes at the project still yet to be tested. An upcoming airborne geophysical survey in June is poised to enhance the project's development by generating additional surface and subsurface drilling targets and reveal the project's potential scale.

Executive Commentary on Trieste Lithium Project Progress

The team, alongside Dahrouge Geological Consulting, have done an amazing job over the winter, relentlessly executing this low-cost focused drilling campaign at Trieste. The thick, shallow, and high-grade intercepts collected to date, including 31.8m at 2.2% Li2O from near surface, is starting to expose the true potential of what could lie below. The unique metasedimentary host rock affords us the opportunity to now deploy a cutting-edge geophysical survey that will be cross checked against the drilling results to produce detailed 3D structural model to identify and confirm our next drilling targets. With further exploration and early-stage development underway on the adjoining properties of Rio Tinto/Midland Exploration, Azimut/SEQUEM and Winsome Resources the Trieste Greenstone Belt is really starting to take shape as a globally significant lithium hub.

Summary of Trieste Lithium Project Announcement

The Trieste Lithium Project, operated by Loyal Lithium Limited (ASX: $LLI), has shown significant progress with the latest high-grade drilling assays from Dyke #04. The winter drilling program has delivered promising shallow high-grade assay results, with plans for an innovative geophysical survey in June to enhance the project's development. Loyal Lithium is well-funded with $6.4m in cash and plans to collaborate with neighboring lithium projects to develop the Trieste Greenstone Belt into a premier lithium hub. The project's strategic location and the presence of thick, shallow, and high-grade intercepts indicate the potential for substantial lithium reserves. The company's collaboration with Winsome Resources and the strategic acquisition of the Renard processing facility further solidify its position as a major contributor in Quebec's lithium supply chain.