Morella Corporation: Completes North Big Smoky soil sampling, Nevada

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Morella Corporation Completes North Big Smoky soil sampling, Nevada

  • Morella Corporation (1MC) completes its first on-ground works at the North Big Smoky lithium project in Nevada
  • The company recently secured the project through an earn-in arrangement and launched a detailed soils program shortly thereafter
  • The program sourced 272 samples via the use of a powered auger, which allowed for sampling at a depth of up to 1.37 metres below surface on the western half of the project
  • All samples have now been prepared and are on the way to an independent laboratory for analysis, with results expected within two months
  • MorellaCorporation is up 8.33 per cent and trading at 2.6 cents at 12:50 pm AEST
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