Atlantic Lithium, which is targeting to deliver Ghana's first lithium mine, is planning a further 8,000 metres of drilling across the Ewoyaa Lithium Project in addition to the existing 18,500-meter programme.
The drilling programme will extend resource depth and strike at the Okwesikrom, Anokyi, Grasscutter, Ewoyaa North-West, and South-2 deposits.
Company executive chairperson Neil Herbert said this planned drilling follows the recent grant of the mining lease for the project and represents the commencement of an escalation in the company's exploration efforts, which will go into the second quarter of 2024, focused on growing the Ewoyaa resource.
He said the latest results from the Ewoyaa Main, Anokyi, and Ewoyaa South-2 deposits have returned multiple high-grade and broad infill intersections, which increase confidence in the current resource.
The definitive feasibility study for the Ewoyaa Lithium project showed the production of 3.6 million metric tonnes of spodumene concentrate over a 12-year mine life, making it one of the top 10 largest spodumene concentrate mines in the world.
Atlantic Lithium holds 560 km2 and 774 km2 of tenure across Ghana and Côte d'Ivoire respectively, comprising significantly under-explored, highly prospective licences.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
