Global Lithium makes rare earths discovery on Mannas doorstep
–News Direct–
Global Lithium Resources Ltd (ASX:GL1) exploration manager Logan Barber briefs Proactives Elisha Newell on a rare earths discovery at the companys flagship Manna Lithium Project in WA.
The lithium stock uncovered an 8.5-kilometre rare earths zone on Mannas doorstep thanks to a historical drill core review, which fielded up to 24.17% total rare earth oxide (TREO).
Barber says the strong results were confirmed by a large-scale soil sampling campaign, returning up to 3,350 parts per million TREO. The exploration manager will move ahead with a rare earths exploration campaign, as well as a 50,000-metre lithium drilling program.
While Global Lithium remains focused on increasing its lithium resource base and working towards the finalisation of a DFS for the Manna Lithium Project, the company is well-resourced and has the relevant expertise to take advantage of other value accretive exploration opportunities such as this.
The experienced geological team is well supported to execute the previously-announced 50,000-metre drilling campaign at the Manna Lithium Project and to concurrently investigate the upside potential of the emerging bedrock Cardunia Rocks REE mineralised system.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/global-lithium-makes-rare-earths-discovery-on-mannas-doorstep-546185291
Global Lithium Resources Ltd
COMTEX_436812452/2655/2023-07-14T01:16:59