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The latest announcement is out from Global Lithium Resources Ltd. ( (AU:GL1) ).
Global Lithium Resources Limited has announced promising results from its diamond drilling program at the Marble Bar Project, revealing the potential for a significant intrusive-related gold system. The drilling, supported by the Exploration Incentive Scheme, uncovered strongly altered granodiorite with anomalous gold assay results, suggesting a large hydrothermal system at depth, which could enhance the company’s prospects in gold exploration.
The most recent analyst rating on (AU:GL1) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Global Lithium Resources Ltd. stock, see the AU:GL1 Stock Forecast page.
More about Global Lithium Resources Ltd.
Global Lithium Resources Limited is a multi-asset lithium company based in Western Australia. The company focuses on lithium exploration and development, with a market emphasis on leveraging its resources in the growing lithium industry.
Average Trading Volume: 242,550
Technical Sentiment Signal: Hold
Current Market Cap: A$51.04M
Learn more about GL1 stock on TipRanks’ Stock Analysis page.