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Mali Lithium Ltd.
Summary
| Project: | Goulamina | |
|---|---|---|
| Deposit: | Goulamina | |
| Location: | Mali | |
| Commodities: | Lithium | |
| Date: | 1/23/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-1-2020: Mali Lithium Ltd. announces an Exploration/Drilling Update report for its Goulamina deposit at the Goulamina project. Drilling results incl. 53m @ 1.57% Li2O from 113m. Mali Lithium Ltd (ASX:MLL) (“Mali Lithium”, “the Company”) is pleased to an | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Simon McCracken (Internal) | |
| ABSTRACT: | Mali Lithium Ltd (ASX:MLL) (“Mali Lithium”, “the Company”) is pleased to announce that it has encountered additional, thick high grade mineralisation at its flagship Goulamina Lithium Project in southern Mali as part of its current drilling program. The Company is extremely pleased with the drilling thus far, with numerous additional mineralised pegmatite intersections having been discovered. These are in many cases extensions to previously known pegmatites and indicate the potential to improve significantly the size of, and level of confidence in, the Goulamina Mineral Resource. Best results include 44m at 1.76% Li2O from 159m (GMRC361), 50m at 1.60% Li2O from 137m and 39m at 1.84% Li2O from 36m (GMRC362) (See Table 1 below for a more comprehensive summary of recent results). A Mineral Resource update for Goulamina is currently anticipated around the end of March 2020. A new Ore Reserve estimate that will be incorporated into the Definitive Feasibility Study (DFS) currently underway on the project is expected approximately four weeks later, at the end of April. | |
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