Atlantic Lithium, an Africa-focused exploration and development company, has announced encouraging assay results from drilling activities at its Ewoyaa project in Ghana.
These results, particularly from the new Dog-Leg target, situated at the northern edge of the Ewoyaa Main deposit, have demonstrated significant intersections, instilling confidence in the growth potential of the existing 35.3-million-tonne lithium oxide resource.
Neil Herbert, Executive Chairperson of Atlantic Lithium, highlights that the latest results reveal multiple high-grade and broad near-surface extensional intersections, including a notable 27-meter stretch at 1.85% lithium oxide from a depth of 126 meters.
The drilling program, encompassing 4,101 meters of resource extension and sterilization reverse circulation (RC) drilling conducted thus far in 2024, has yielded promising outcomes.
This includes 924 meters of resource extension drilling at the Dog-Leg target and 3,177 meters of sterilization drilling at the proposed plant site.
Atlantic Lithium underscores the significance of the high-grade extensional drilling results obtained from the Dog-Leg target, emphasizing that these results extend beyond the current mineral resource estimate (MRE).
The company clarifies that the drilling methodology is structured to intersect pegmatite bodies perpendicular to strike and dip to approximate true width; however, achieving this consistently can be challenging due to the variable nature of pegmatites or drill access constraints, resulting in apparent width variations.
Additionally, Atlantic Lithium aims to upgrade its MRE, encompassing lithium and feldspar, to reflect all drilling activities conducted in 2023 and 2024 by mid-year.
Neil Herbert expresses anticipation for further drilling outcomes from the diamond tail drilling at Dog-Leg and the forthcoming MRE upgrade, incorporating recent drilling results.
He also confirms that the sterilization drilling at the plant site has revealed no mineralization, enabling uninterrupted progress in mine site designs and permitting processes.
