Global Lithium Secures Native Title and Mining Lease, Boosting Manna Project Prospects

Strategic Milestones at Manna Lithium Project

Global Lithium Resources Limited (ASX, GL1) marked significant progress in the September 2025 quarter, notably securing a Native Title Mining Agreement with the Kakarra Part B Native Title Group. This agreement is a crucial step in facilitating the development and future operation of the Manna Lithium Project, located in Western Australia's Goldfields region. Shortly after, the company was granted a 21-year Mining Lease (M28/414) by the Western Australian Minister for Mines, further de-risking the project and paving the way toward a Final Investment Decision (FID).

The granting of the Mining Lease is particularly important as it provides regulatory certainty and accelerates the project timeline. Global Lithium is concurrently advancing the optimisation of its Definitive Feasibility Study (DFS), focusing on reducing capital expenditure (CAPEX) and operating expenses (OPEX) to enhance the project's investment appeal. The optimised DFS is expected to be completed by the end of the calendar year, setting the stage for potential development decisions.

Exploration Success at Marble Bar

While no site activities occurred at Manna during the quarter, exploration efforts at the Marble Bar Lithium Project in the Pilbara region yielded promising results. The company completed a co-funded diamond drilling program under the Exploration Incentive Scheme, targeting a sericite-pyrite altered granite zone indicative of a large hydrothermal system. Assay results revealed low-level gold anomalism alongside elevated silver, lead, and zinc, supporting the hypothesis of an Intrusive Related Gold system.

This discovery is significant as it highlights the potential for a substantial gold system beneath the surface, with previous drilling at nearby prospects such as Twin Veins returning encouraging gold intercepts. The scale of alteration and mineralisation suggests considerable upside for further exploration, although the area remains underexplored and will require additional drilling to confirm the extent and economic viability of the mineralisation.

Corporate Moves and Financial Position

In a strategic corporate move, Global Lithium sold its entire holding of 264 million shares in Kairos Minerals Limited for $7.1 million before costs. This divestment allows the company to concentrate its financial resources on advancing the Manna Lithium Project. The sale also led to the termination of a collaboration agreement related to Kairos’ Roe Holls Lithium Project.

Financially, Global Lithium ended the quarter with a robust cash position of $21.46 million, having spent approximately $1.26 million on exploration activities focused mainly on the Manna Project. The company reported no mining development or production activities during the quarter, reflecting its current focus on project development and exploration.

Looking Ahead

With the Native Title agreement and Mining Lease in place, Global Lithium has effectively cleared significant regulatory hurdles for the Manna Lithium Project. The upcoming completion of the optimised DFS will be a critical catalyst, potentially unlocking investment decisions and project financing. Meanwhile, the early-stage but encouraging exploration results at Marble Bar add an intriguing dimension to the company's asset portfolio, suggesting potential for future growth beyond lithium.