Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) Executive Chairman Neil Herbert and General Manager for Exploration Iwan Williams discuss several key updates in an interview with Proactive's Stephen Gunnion.
Herbert shared his thoughts on Ganfeng Lithium's plan to take full control of the Goulamina Project in Mali, highlighting that it leaves Atlantic Lithium's Ewoyaa property in Ghana as one of the few remaining independent lithium projects in Africa slated for production. He noted the Ewoyaa project's low capital and operational expenses, deeming it significant for the lithium industry amid growing demand for electric vehicles and battery production, particularly in China.
Williams, recently appointed to the post, elaborated on his extensive background in mineral exploration across Africa and beyond, bringing over 30 years of experience to his role at Atlantic Lithium. He detailed recent exploration activities, including drilling at the Dog-Leg target at Ewoyaa, aimed at expanding the mineral resource. Future plans include further drilling to explore depth extensions of pegmatite formations, indicating optimism for significant resource growth.
Additionally, Herbert discussed the upcoming listing of Atlantic Lithium on the Ghana Stock Exchange, emphasising it as a milestone for local investment and a commitment made to the Ghanaian government. He also outlined ongoing offtake discussions and regulatory progress expected to significantly impact the company's funding and project development timeline.
Contact Details
Editorial
+44 20 7989 0813
uk@proactiveinvestors.com
Company Website
https://www.proactiveinvestors.co.uk
Copyright (c) 2024 TheNewswire - All rights reserved.
Copyright (c) 2024 TheNewswire - All rights reserved., source Press Releases
Atlantic Lithium Limited is an Australia-based lithium-focused exploration and development company with assets in Ghana and Cote d'Ivoire, West Africa. The Company is advancing its Ewoyaa Lithium Project. In Ghana the Company holds approximately 560 square kilometers (km2) of granted and under application tenure. In Cote d'Ivoire, the Company holds approximately 774 km2 of under application lithium tenure within prospective Birimian terrain. The Ewoyaa Lithium project occurs within 110 kilometers of an operating deep-sea port, within one kilometers of a bitumen high-way and adjacent to grid power. In Cote d'Ivoire, the Company has two applications covering 774 km2 for lithium and associated minerals which covers prospective fractionated granitic intrusive centers with lithium and columbite-tantalum occurrences and outcropping pegmatites.