Global Lithium Resources provides update on 50Mt Manna Lithium Project [Video]

Global Lithium Resources Ltd executive chairman Ron Mitchell joined Proactive’s Stephn Gunnion with details of the company’s recent achievements and future plans.

The company, listed on the ASX since 2021, has developed an impressive portfolio, including the Manna lithium project and the Marble Bar lithium project.

Mitchell highlighted the Manna project, which now boasts over 50 million tons at 1% lithium. He mentioned a significant 43% increase in their 2012 JORC deposit, emphasising the project’s excellent location near Kalgoorlie with great infrastructure access. The ongoing Definitive Feasibility Study (DFS) and recent metallurgical test results showing 75% lithium recovery are crucial milestones for the project.

Discussing the Marble Bar project, Mitchell noted its large landholding and its potential, located in a renowned hard rock lithium province. While the company focuses on developing Manna first, Marble Bar holds significant long-term value, with considerable inbound interest for partnerships and offtake agreements.

Mitchell also shared upcoming catalysts, including the completion of the DFS, mining agreement milestones, and the grant of the mining lease. With around $27 million in the bank, Global Lithium Resources is well-positioned for future growth.

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