Morella Corporation Ltd ALTAF

Metals & Mining Industrial Metals & Minerals

Morella Corporation Limited is an Australia-based exploration and resource development company focused on lithium and battery minerals. The Company is engaged in exploration activities on multiple lithium project opportunities located in Tier 1 mining jurisdictions in both Australia and the United States. Its projects include Mallina Lithium Project and Fish Lake Valley Lithium Project. The Mallina Lithium Project is located within the Mallina Basin, a 70 kilometer (km) wide basin that extends in an east-west orientation for almost 140 km along the central Pilbara coast. The Mallina Lithium Project tenements are centered on the Pilgangoora, Wodgina, Tabba Tabba and Mallina mining districts. The Fish Lake Valley Lithium Project is over 60 km from the town of Tonopah and is an equal distance (around 280km) to the major Nevada cities of Las Vegas and Reno. Its tenements include E45/2778, COC 182 (Area 3) - Catanduanes, COC 200 (Area 4) - Rapu-Rapu and COC 202 (Area 17) - Surigao del Sur.

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Morella Corporation Ltd

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Post by goodtoreadthison Apr 30, 2018 8:48am

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In March 2018 a resource extension drilling program was completed in the Southern Ridge area of the pit that yielded extremely pleasing results, which is expected to lead to a Mineral Resource and Ore Reserve estimate update in May 2018 (see ASX announcement on 10 April 2018).

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