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106m Continuous Pegmatite Interval Reported
106m Continuous Pegmatite Interval Reported.
About this update from Atlantic Lithium Limited.
[{"type":"text","content":"\n\n \n\n28 November 2023\n106m Continuous Pegmatite Interval Reported\nBroad Intervals of Visible Spodumene Observed in Multiple Drill Holes Outside of the Current Mineral Resource Estimate\nLongest continuous pegmatite interval reported\nfrom the ongoing, recently-enhanced 2023 drilling programme\nAtlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, \"Atlantic Lithium\" or the \"Company\"), the African-focused lithium exploration and development company targeting to deliver Ghana's first lithium mine, is pleased to announce that multiple broad intervals of visible spodumene have been observed in drilling outside of the current Mineral Resource Estimate1 (\"Resource\" or \"MRE\") at the Company's flagship Ewoyaa Lithium Project (\"Ewoyaa\" or the \"Project\") in Ghana, West Africa.\nHighlights\n- Multiple broad intervals of visible spodumene reported in drilling outside of the current MRE1, significantly increasing the potential for a resource upgrade.\n \n- Longest reported continuous pegmatite interval in the 2023 drilling programme to date of 106m in hole GRC1020 from 6m at the Dog-Leg extension target on the northern tip of the Ewoyaa Main deposit.\n \n- Visible coarse-grained spodumene fragment intervals reported at shallow depths in holes:\n· GRC1017: 51m interval of 25-30% visual estimated spodumene modal abundance from 83m\n· GRC1020: 74m interval of 20-25% visual estimated spodumene modal abundance from 39m and a 41m interval of 20-25% visual estimated spodumene modal abundance from 137m\n· GRC1021: 24m interval of 15-25% visual estimated spodumene modal abundance from 93m\n \n- Coarse-grained, P1-type spodumene pegmatite is preferred for the Dense Media Separation (\"DMS\") process flowsheet considered in the Definitive Feasibility Study for the Project (refer announcement of 29 June 2023).\n \n\n- Resource drilling ongoing; completion of the enhanced 26,500m planned programme (refer announcement of 7 November 2023) targeted for Q2 2024.\n NOTE: Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic int...