Global Lithium Resources Ltd (ASX:GL1) managing director Ron Mitchell joins Proactive’s Jonathan Jackson to discuss the strong progress the company is making towards completing a definitive feasibility study (DFS) for the Manna Lithium Project, 100 kilometres east of Kalgoorlie in Western Australia. The DFS will incorporate an updated mineral resource estimate (MRE), detailed mine schedule, metallurgical and process flowsheet test work results, and detailed operating and capital costs, amongst other key workstreams. GL1 is on track to reach several project milestones in 2024 and this quarter, will announce the remainder of the drill results from the ~60,000-metre CY23 drilling program at Manna, paving the way for an update to the MRE and mine schedule. Further to this, ongoing metallurgical studies will form integral parts of the DFS which the company plans to announce the results of during the current half. Finally, Mitchell talks about the 2024 exploration program and how the company is positioned in the context of the current lithium downturn.
Global Lithium Resources makes strong DFS progress