Global Lithium Resources Ltd. (AU:GL1) has released an update.
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Global Lithium Resources Ltd. has confirmed a 600-meter extension at its Manna Lithium Project following successful drilling and metallurgical tests, achieving a 78% lithia recovery. Amid challenging market conditions, the company is implementing cost-reduction measures, including pausing parts of its Definitive Feasibility Study and reducing board size. Despite the downturn, Global Lithium remains optimistic about the medium-term prospects of the lithium market.
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