Miner and explorer Morella (ASX:1MC) said soil sampling from the West Wodgina project in Western Australia identified five targets with assays of up to 225 parts per million of lithium, according to a Monday filing with the Australian bourse.
Future work involves designing and executing a maiden drilling program to investigate the geochemical anomalies using mapped outcrops, the filing said.
The project is part of a joint venture with lithium producer Sayona Mining (ASX:SYA), according to the filing.
Morella shares rose nearly 4% in morning trade Monday, while Sayona Mining shares were up almost 3%.
Price (AUD): $0.03, Change: $+0.001, Percent Change: +3.45%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。