Atlantic Lithium set to hit several milestones at Ewoyaa
March 20, 2024 at 10:31 am EDT
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Atlantic Lithium Ltd (ASX:A11 AIM:ALL) head of business development and chief geologist Len Kolff sits down with Jonathan Jackson in the Proactive studio to recap the mining lease granted for the Ewoyaa Lithium Project in Ghana and what this means for the company. The lease has opened the door for the company to achieve several strategic milestones anticipated this year.
Kolff outlined forthcoming steps, including Environmental Protection Agency (EPA) approval, parliamentary ratification of the mining lease and securing the mine operating permit. With robust local stakeholder backing, these phases are advancing smoothly, aligning with the company's timeline to break ground in late 2024.
Kolff highlights the Ewoyaa Lithium Project's recognition as a globally significant, low-cost hard rock lithium asset, reflecting its appeal through the active offtake partnering process. This process is crucial for financing the development expenditures of the project, with expectations to finalise it soon.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Atlantic Lithium Limited is an Australia-based lithium-focused exploration and development company with assets in Ghana and Cote dâIvoire, West Africa. The Company is advancing its flagship Ewoyaa Lithium Project. In Ghana the Company holds approximately 560 square kilometers (km2) of granted and under application tenure. In Cote dâIvoire, the Company holds approximately 774 square kilometers 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 dâIvoire, 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.