What were First Lithium's findings from the drilling at the Blakala Lithium Prospect?
First Lithium Limited
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What were First Lithium's findings from the drilling at the Blakala Lithium Prospect?

Blakala Lithium Prospect in Mali: Unveiling High-Grade Lithium Intersections

First Lithium Ltd (FL1) has announced promising assay results from its recent drilling at the Blakala Lithium Prospect, located in the Gouna permit, Mali. These results highlight the potential of both the Main and Western Pegmatite bodies within the prospect, suggesting significant resource expansion possibilities.

Summary of Drilling Outcomes

Extensive Drill Program: Results from four diamond drill holes (BDFS16 to BDFS19) reveal high-grade lithium intersections in both the Main and Western Pegmatite bodies.

Key Intersections Include

A 33. 72m intersection at 1. 59% Li2O from 49m, including a 25m section at 1. 87% Li2O in the Western Pegmatite (BDFS17).

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A 17m intersection at 1. 81% Li2O from 60. 5m, including a 14m section at 1. 93% Li2O also in the Western Pegmatite (BDFS18).

Expansion Potential: These results confirm the Western Pegmatite body as a significant discovery, with mineralization remaining open at depth and along strike.

Strategic Discoveries at Blakala

The assay results demonstrate the presence of high-grade spodumene mineralization in the newly identified Western Pegmatite body, alongside continued high-grade findings in the Main Pegmatite body. The intersections from BDFS17 and BDFS18 are particularly notable for their length and lithium oxide (Li2O) content, underscoring the richness of the region's lithium resources.

Highlights from Assay Results

BDFS17: This drill hole highlighted the extensive mineralization of the Western Pegmatite with a 33. 72m intersection at 1. 59% Li2O from 49. 0m depth, showcasing the pegmatite's potential for significant resource growth.

BDFS18 & BDFS19: These holes further substantiate the high-grade nature of the Western Pegmatite body, with BDFS18 revealing a 17. 0m intersection at 1. 81% Li2O, and BDFS19 uncovering a 12. 0m intersection at 1. 71% Li2O.

Implications for Resource Development

The drill results from Blakala suggest the potential for a world-class lithium deposit, with FL1's Managing Director, Venkat Padala, expressing optimism about the deposit's expansion and the abundant Li2O concentrations. The confirmed high-grade intersections in the Western Pegmatite, alongside the established Main Pegmatite body, position Blakala as a key player in the global lithium market.

Forward-Looking Exploration

With the Western Pegmatite now part of the tier 1 Main pegmatite, FL1 anticipates further expansion of the Blakala deposit. The company plans continued exploration to delineate the full extent of the mineralization, aiming to confirm Blakala's status as a potential world-class lithium resource.

The first assay results from the Western Pegmatite at the Blakala prospect in Mali highlight the prospect's high-grade lithium potential and validate FL1's strategic exploration focus. As drilling continues, the Blakala Lithium Prospect is poised for significant development, contributing to the growing lithium resource base in Mali and supporting the global demand for lithium in various applications, including electric vehicles and renewable energy storage solutions.

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