Manna
The 100% owned Manna Lithium Project is an outcropping spodumene dominant hard rock lithium project located approximately 100km east of Kalgoorlie in the Goldfields region of Western Australia.
Global Lithium is currently progressing its Definitive Feasibility Study (DFS) for the Manna Lithium Project, which 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 work streams. The DFS is anticipated for completion in CY 2025.
Manna is the 3rd largest Resource in the Kalgoorlie Lithium Province
In June 2024, GL1 delivered an updated MRE which increased the Manna Lithium Deposit JORC 2012 Mineral Resource by 43% to 51.6Mt at 1.0% Li₂O.
- 26% increase in total contained Li2O from 406,000 tonnes to 515,000 tonnes Li₂O
- Contained Lithium Carbonate Equivalent (LCE) of 1.28 Mt
- 63% increase in Indicated JORC classification to 32.9Mt @ 1.04% Li₂O
This update positions Manna as the third largest lithium resource within the Kalgoorlie Lithium Province.
Global Lithium previously (February 2023) delivered its Scoping Study for Manna which confirmed the potential for a globally competitive lithium project.
The Scoping Study highlighted excellent project economics and financial returns, including life-of-mine cash operating costs of US$688/t for a 5.5% Li2O spodumene concentrate. The Study identified the potential for low-risk open pit mining at Manna in a proven mining jurisdiction.
Manna Exploration Summary
- Three years of extensive exploration since acquisition December 2021:
- CY22 – 54,550m
- CY23 – 60,000m
- CY24 – 6,000m
- MRE (51.6Mt @ 1.0% Li2O)
- Infill drilling has increased confidence in resource classification
- Manna deposit strike length 3.2km
- Orebodies open at depth and in multiple directions
- Direct and indirect landholding increased
