Morella Corporation Limited (AU:1MC) has released an update.
Morella Corporation Limited has enhanced its understanding of potential lithium brine reservoirs at its Fish Lake Valley project in Nevada, thanks to new survey data from USGS and DOE’s GeoDAWN program. The data revealed key fault structures and volcanic features, crucial for lithium brine formation, similar to those at a nearby operational mine. This information is expected to guide future drilling targets and aid in the development of lithium resources.
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