Global Lithium Resources (ASX: GL1), has today announced the successful negotiation and execution of a Native Title Mining Agreement between wholly owned subsidiary GLR Australia Pty Ltd and the Kakarra Part B Native Title Group for GL1’s flagship Manna Lithium Project.
The execution of the Native Title Mining Agreement is a significant milestone for Global Lithium and the Kakarra Part B Native Title Group. It will facilitate the development and ongoing operation of the Manna Lithium Project and will deliver benefits to the Kakarra Part B Native Title Group.
With the Native Title Mining Agreement now in place, GL1 can accelerate the Manna Project’s other priorities with confidence, including work streams and approvals relevant to the optimisation of the Definitive Feasibility Study, and the Mining Lease application over Manna – all on track for milestone completion prior the end of this calendar year.
During the signing ceremony, GL1 Managing Director Dr Dianmin Chen, on behalf of the Company’s Board, expressed his sincere thanks to the Kakarra Part B Native Title Group leaders and negotiation team who have productively engaged with the GL1, particularly since Global Lithium’s Board renewal.
