Atlantic Lithium, the funded African-focussed lithium exploration and development company targeting to deliver Ghana’s first lithium mine, has announced final assay results from the resource and exploration drilling programme completed at the Ewoyaa Lithium Project in Ghana, West Africa.
On the latest progress of the company, Lennard Kolff, Interim CEO of Atlantic Lithium, commented, “We are seeing positive results as drilling continues to uncover high-grade drill intersections beyond the existing MRE (Mineral Resource Estimate).”
Thes last batch of results has delivered multiple near-surface drill intersections in new pegmatites defined outside of the resource footprint at the Kaampakrom North and Grasscutter North targets including highlights of 36m at 1.23% Li2O from 42 m and 20 m at 1.62% Li2O from 44 m.
Drilling has also returned high-grade, near-surface results at the Assan target approximately 3 km north-east of the northern-most current pit design including highlights of 6 m at 1.49% Li2O from 66 m and 6 m at 1.44% Li2O from 45 m, demonstrating further potential within the mineralized pegmatite swarm.
“We have now reported all assay results for the approximate 47,000 m drilling programme, with a resource upgrade targeted for Q1 2023 and a DFS targeted for completion mid-2023.
With the PFS delivered, the mining license application submitted, the FEED engineering contract awarded and the funding agreement with our partner Piedmont Lithium in place, we feel the company is ideally positioned to benefit from the ongoing lithium demand expected over the coming years.” He said.