Global Lithium Resources Ltd (ASX:GL1)
A$ 0.185 0.005 (2.78%) Market Cap: 48.21 Mil Enterprise Value: 22.18 Mil PE Ratio: 0 PB Ratio: 0.28 GF Score: 22/100

Global Lithium Resources Ltd at Sharecafe Hidden Gems Webinar Transcript

Jun 02, 2023 / NTS GMT
Release Date Price: A$1.49 (+4.93%)
Ron Mitchell
Global Lithium Resources Limited - MD

Yeah. Thanks, Tim. Great to be here. I'm here to talk about two projects the company owns wholly. So let's get started. Next slide, please.

Yeah. So some sort of high-level strategic summary of the company. This is really on the company's page and what makes us quite unique in a global context. We've got two projects, which gives us fantastic development optionality. And across by projects, we've got a combined mineral resource of over 50 million tonnes at 1%. We think there's absolutely room for growth there and that will be the focus of an exploration campaign across both projects this year. We own 2 of only 14 JORC-compliant lithium resources in Australia, and I think this is really important. Getting JORC compliance is not an easy task.

From first tenemancy and obviously exploration development, it is a journey and it's getting harder. And most resources as you've used would now typically under the joint venture arrangements. Here in Western Australia, it's a great jurisdiction to be mining and not just the asset classes themselves.

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