- Global Lithium Resources (ASX:GL1) progresses negotiations with Kakarra Part B, for a native title agreement at its Manna lithium project in WA
- Both parties are negotiating the land beneath the Manna project in Kalgoorlie-Boulder to sign and execute the ‘Working Together Protocol’ document
- Document aims to be executed by the years end
- GL1 shares last traded at $1.22
Global Lithium (ASX:GL1) has announced progress in its negotiations with Kakarra Part B for a native title mining agreement at its Manna lithium project in Western Australia.
The company met with the native title claim group to negotiate the land beneath the Manna project in Kalgoorlie-Boulder to sign and execute the ‘Working Together Protocol’ document.
“The growing relationship between Global Lithium and Kakarra Part B is very pleasing for the company. We are delighted with how negotiations towards the native title mining agreement are progressing,” GL1 Managing Director Ron Mitchell said.
“Under the recently executed Working Together Protocol, Global Lithium is committed to developing a fair, reasonable and mutually beneficial agreement in partnership with Kakarra Part B.”
Both parties look to reach an agreement on the agreement and execute it by December 31, 2023.
“The company looks forward to strengthening this long-term partnership with the Kakarra people, as Traditional Owners of the land on which we work, through ongoing exploration, development and operation of the Manna lithium project,” Mr Mitchell said.
In June, Global Lithium executed the land access agreement for exploration and prospecting with Kakarra Part B, to allow GL1 to conduct surveys related to Aboriginal heritage.
In April 2023, the company submitted the mining lease application (MLA 28/414) to the Department of Mines, Industry Regulation and Safety (DMIRS) for the Manna project.
The finalisation of critical agreements is required for the progression of mining activities with the Kakarra Part B native title claim area, as the company aims to continually nurture a long-term, mutually advantageous relationship.
GL1 last traded at $1.22.