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First Lithium nears Mali licence decision ahead of maiden resource estimate

6:12pm on Friday 30th of October, 2026 AEDT • Mining
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First Lithium nears Mali licence decision ahead of maiden resource estimate

6:12pm on Friday 30th of October, 2026 AEDT
Key Points
  • Mali authorities are processing renewals for the Gouna and Faraba exploration licences
  • Maiden Mineral Resource Estimate now expected in the December 2026 quarter
  • $A68,000 cash and $A700,000 in undrawn loan facilities at quarter end
  • Estimated funding runway of 1.61 quarters
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