- Global Battery Metals (GBML) has begun its multi-stage diamond core drilling program at its Leinster Lithium Project in Ireland
- Phase 1 drilling is focused on Prospecting License Area 1597 and will comprise four drill holes for 1,000 metres of diamond core drilling
- The permit enables up to 10 drill holes which will target an area of an historically reported trenched bedrock
- Global Battery Metals (GBML) shares opened trading at $0.155 per share
Global Battery Metals (GBML) has begun its multi-stage diamond core drilling program at its Leinster Lithium Project in Ireland.
Phase 1 drilling is focused on Prospecting License Area 1597 and will comprise four drill holes for 1,000 metres of diamond core drilling.
The permit enables up to 10 drill holes over a multi-stage drill program, which will target an area of an historically reported trenched bedrock occurrence coincident with several highly anomalous LCT pegmatite (lithium-cesium-tantalum) geochemical trends. This, when considered with a broad spodumene pegmatite boulder train at surface, is interpreted to indicate up to six potential dikes extending across a prospective lithium trend on Prospecting Licence Area 1597.
The known extent of the boulder train is now over 1 km in length from NE to SW, 0.5 km from NW to SE and is still open in all directions.
“Europe and the US are both pushing for lithium independence and continue to seek out viable parties that can deliver the full package – future access to high-grade domestic lithium supplies through partners that understand and appreciate all of the geopolitical and commercial considerations at stake,” said Michael Murphy, CEO of Global Battery Metals. “This will most definitely include battery metal companies operating in the junior mining space that can execute against resource delivery and relationship management with equal intensity. We look forward to continued progress at Leinster and with the associated business discussions all underway.”
The results of Phase 1, including all metallurgical testing and other exploration activities completed during this time, will be used to inform Phase 2 drilling.
Global Battery Metals is a mineral exploration and development company with a focus on metals that support the rapid evolution to battery power. It maintains economic interests in four battery metal projects in Ireland, Utah, Newfoundland, and Peru.
Global Battery Metals (GBML) opened trading at $0.155 per share.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.