1MC 12.5% 3.6¢ morella corporation limited

QUARTERLY ACTIVITIES REPORT December 2017 ■ Construction...

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    QUARTERLY ACTIVITIES REPORT December 2017

    ■ Construction activities at the Altura Lithium Project at Pilgangoora continued during the quarter, and are nearing completion
    ■ Project commissioning remains on schedule for Q1 2018
    ■ First lithium concentrate sales remain on schedule for Q2 2018
    ■ Altura set to become the first major hard-rock producer in 2018
    ■ Definitive Feasibility Study for Stage 2 expansion of the Project targeted for completion in April 2018
    ■ Upgraded JORC Ore Reserve and Mineral Resource estimates, including significant portions in the Proved and Measured categories
    ■ Southern Ridge Deposit at Pilgangoora, which displays significant potential, to be infill drilled to improve the Project’s reserve and resource estimates
    ■ Regional exploration program of Altura’s other Pilbara tenements to be undertaken
 
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