–News Direct–
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) chief geologist Len Kolff tells Proactive the company has added 8,000 metres or 43% more to a drilling programme at its Ewoyaa lithium project in Ghana to expand the resource. A mining licence for the project was recently issued by the Ghanaian government and this additional drilling will take the programme underway currently to 26,500 metres with completion scheduled for the second quarter of 2024.
Commentng on the Companys latest progress, Neil Herbert, Executve Chairman of Atlantc Lithium, said:
We are pleased to report that a further 8,000m of drilling has been planned across the Ewoyaa Lithium Project in addition to the existing 18,500m programme. This planned drilling, which will bring the total programme to approximately 26,500m of infill, extensional, exploration and studies drilling, follows the recent grant of the Mining Lease for the Project and represents the commencement of an escalation in the Companys exploration efforts, which will go into Q2 2024, focused on growing the Ewoyaa Resource.
At the same time, we continue to deliver impressive assay results from the ongoing programme. These latest results from the Ewoyaa Main, Anokyi and Ewoyaa South-2 deposits have returned multiple high-grade and broad infill intersections, including 47.6m at 1.25% from 65.7m and 28.7m at 1.51% Li2O from 79.3m, which increase the confidence in the current Resource, whilst we have extended mineralisation beyond the Resource envelope in hole GDD0093, which intersected 15.5m at 0.83% Li2O from 182.7m at Ewoyaa Main, where mineralisation remains open at depth.
We look forward to updating shareholders on our ongoing progress, including as remaining assay results become available.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/atlantic-lithium-adds-another-8-000-metres-to-ewoyaa-drilling-731324613
Atlantic Lithium Ltd
COMTEX_443161254/2655/2023-11-08T12:29:37