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Global Lithium non-executive director
Dianmin Chen, non-executive chair
Warrick Hazeldine and managing director
Jamie Wright listed the company on the
ASX last month

4,000m was planned to take about one
month to complete, with the company in-
tending to expand the existing resource of
Taruga is planning follow-up RC drilling at Mt Craig, South Australia
10.5mt @ 1% lithium at the Archer deposit
Mt Craig discovery lights ing 2m @ 1.7% from 34m, including 1m @ and test surrounding targets.
Previous drilling by Global Lithium at
up Taruga 2.7% from 35m). Archer identified significant spodumene-
Follow-up RC drilling is planned at Wyac-
ca to extend the mineralised footprint along bearing pegmatite intercepts, including
Taruga Minerals Ltd announced a high- strike and down-dip. 16m @ 1.4% lithium from 37m, 14m @
grade copper discovery at Mt Craig in Meanwhile, downhole EM and IP is be- 1.5% from 64m, 19m @ 1.2% from 22m
South Australia last month. ing conducted and historical AEM data and 15m @ 1.3% from 30m.
The company announced that all 30 RC from 2012 was being reviewed in relation to In addition to RC drilling, a further 800m
drill holes intersected visible copper miner- the drilling results and will be considered in of diamond drilling is planned.
alisation/alteration, with the initial five holes the follow-up drilling programme.
confirming high-grade copper at the Wyac- Predicting a resource
ca prospect.
Highlights included 5m @ 2.4% copper Listed and drilling for in Q3
from 17m (including 1m @ 9.5% from 18m),
11m @ 1.5% from 85m (including 4m @ Global Lithium Results from an additional 35 new dia-
2.7% from 85m, including 1m @ 5.9% from After listing in early May, Global Lithium mond/RC drill holes completed at the Pre-
88m), 7m @ 1.8% from 85m (including 4m Ltd launched straight into drilling at the Mar- dictive Discovery Ltd’s Bankan gold project,
@ 3.1% from 87m, including 2m @ 3.5% ble Bar lithium project in Western Australia. Guinea, have indicated mineralisation may
from 88m), 5m @ 0.9% from 33m (includ- A RC drilling programme totalling about plunge towards the south at depth, forming

Complete

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