Morella getting publicity on *.MORELLA CORPORATION...

Morella getting publicity on *.

MORELLA CORPORATION (ASX:1MC)Further results from geophysical exploration activities completed at the Fish Lake Valley Lithium Project in Nevada, USA have been received.

From July to August 2022, Morella completed a second phase of magnetotelluric surveying over the northern part of the project area which included a composite cross section (looking northeast) of the four MT survey lines.

This work confirmed additional shallow and at depth target zones, which Morella says will be followed up in future drilling programs.

Interestingly, these results demonstrated a shallow, very high conductivity layer of possible lithium sediments from surface to roughly 30m depth.

1MC CEO Alex Cheeseman says building on the initial exploration results with additional, clear and obvious drilling targets is a fantastic result.

“Having recently been on the ground at Fish Like Valley, we are increasingly confident of the potential of this project,” he says.“With continued, multibillion-dollar downstream investment into US electric vehicle supply chains, having our hands on a prospective lithium project with increasing size and scale provides an enviable growth opportunity for Morella.”