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Global Battery Metals (TSXV:GBML) receives drill permits for Lithium King property

Mining
TSXV:GBML
22 June 2022 09:15 (EDT)

Source: Global Battery Metals.

Global Battery Metals (GBML) has received all required permits to drill on its 100-per-cent-owned Lithium King property in Utah.

The key reason for the drilling is to confirm the potential at depth of lithium bearing brines in the Salduro Salt flat basin.

The company is in the process of selecting a drilling contractor.

The Lithium King property is located on the west side of the Great Salt Lake Basin in western Utah, adjacent to the community of Wendover, Utah.

The land position consists of approximately 1,760 acres of placer claims. The property has the potential to host a lithium and magnesium brine deposit in an existing mineral producing location in a mining-friendly state.

GBML is a mineral exploration company with a focus on metals that make up and support the rapid evolution to battery power.

Global Battery Metals Ltd. opened the day’s trading at C$0.14 per share.

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