Morella Corporation's Mallina Project drilling assay results

Morella Corporation Limited (ASX:$1MC) has announced the drilling assay results from the Mallina Project in Western Australia, revealing grades of up to 3.03% Li20 identified at Pegmatite 2. The 66 RC drill holes for 3,754m completed at the Mallina Project have confirmed and improved the Company's understanding of the mineralisation previously identified within the Pegmatite 2 area. Morella Managing Director, James Brown, expressed extreme satisfaction with the results, emphasizing the potential for an exciting suite of projects in the Pilbara region.

Executive commentary on Mallina drilling program

Morella Managing Director James Brown expressed the company's extreme pleasure with the results of the Mallina drilling program. He highlighted the positive results from the Tabba Tabba and Wodgina soil sampling programs, indicating the potential for an exciting suite of projects in the Pilbara region. Brown emphasized the significance of the Pegmatite 2 area, which is just a small part of the Mallina license, and the team's commitment to reviewing and interpreting the results for the next phase of exploration.

Summary of Mallina Project drilling results and future plans

The drilling program at Mallina has resulted in significant lithium grades at the Pegmatite 2 area, confirming mineralisation along most of the length of the pegmatite swarm. The next phase will involve testing extensions to the identified mineralisation and developing new targets within the Mallina lease. Morella Corporation's focus on lithium and battery minerals exploration in Tier 1 mining jurisdictions reflects its commitment to supporting the global transition to green energy. The company's completion of the earn-in requirements for the Pilbara Lithium Asset and its ongoing efforts to secure and develop raw materials demonstrate its strategic positioning in the market.