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How the Morella Corporations Lithium Project, with Sayona Mining, is Making News? — ASX:1MC| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$1MC
How the Morella Corporations Lithium Project, with Sayona Mining, is Making News?
Multiple Targets Identified at the West Wodgina Lithium Project with Soil Sampling Program Yields Encouraging Results
In an exciting development for the mining industry, Morella Corporation Limited (ASX: 1MC), in collaboration with lithium producer Sayona Mining Limited, has announced the successful completion of a soil sampling program at the West Wodgina Lithium Project. Located 100km south of Port Hedland and 8km west of the renowned Wodgina Lithium Operation, this program has identified multiple targets in a proven lithium district. The program has not only reinforced the project's potential but has also paved the way for further exploration activities.
Promising Assay Results
The soil sampling program at the West Wodgina Project has provided highly encouraging results, further solidifying the area's capability to host lithium-bearing pegmatites. A total of 1,171 soil samples were meticulously collected over one of the most prospective areas of the tenement. These samples were chosen based on previous field work,
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in conjunction with aeromagnetic surveys and remote mapping exercises.
Refined Targets and Exploration
The diligent analysis of the sample material has allowed for the identification of anomalies that coincide with interpreted pegmatite at the surface. These findings have opened up new possibilities for exploration and development activities in the area. Morella Managing Director, James Brown, expressed his enthusiasm for the project's progress, stating that the exploration at the West Wodgina Project is making significant strides towards the future development of these assets.
Future Prospects
The successful completion of the soil sampling program at the West Wodgina Project marks another milestone in the exploration and development of lithium resources in Western Australia. The encouraging assay results have further reinforced the potential for lithium-bearing pegmatites in the region. As a result, additional exploration activities, including drilling, are set to commence to fully unlock the project's potential. These efforts aim to enhance the value of the project, benefiting both the company and its shareholders.
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L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
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L
Lykeshares
133d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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L
Lykeshares
164d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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