Business
Grant of Mankessim South, Ghana Lithium Portfolio
Grant of Mankessim South, Ghana Lithium Portfolio.
About this update from Atlantic Lithium Limited.
[{"type":"text","content":"\n \n \n RNS Number : 4946R\n IronRidge Resources Limited\n 30 June 2020\n \n \n \n \n 30 June 2020\n \n \n \n \n \n Grant of Mankessim South\n \n \n Lithium Exploration License, Ghana\n \n \n \n \n \n IronRidge Resources Limited (AIM: IRR, 'IronRidge' or the 'Company'), the African focussed minerals exploration company, is pleased to announce its wholly owned Ghanaian entity Green Metals Resources Limited has been granted the Mankessim South exploration license in Ghana. The license provides IronRidge with full ownership of a contiguous prospective lithium exploration license adjacent to the Company's Ewoyaa Lithium Project (JORC Compliant maiden Mineral Resource Estimate of 14.5Mt at 1.31% Li2O).\n \n \n \n \n \n Any Figures and Tables referred to in this release can be viewed in the PDF version available via this link: \n \n \n \n http://www.rns-pdf.londonstockexchange.com/rns/4946R_1-2020-6-30.pdf\n \n \n \n \n \n \n \n \n \n HIGHLIGHTS:\n \n \n \n \n \n Ø \n \n Mankessim South mineral exploration license PL3/109, covering 13.02km2, granted to the Company's wholly owned Ghanaian entity Green Metals Resources Limited.\n \n \n \n Ø \n \n The license lies directly south of the Mankessim license which hosts the Company's Ewoyaa Lithium Project, with a mineral resource estimate of 14.5Mt at 1.31% Li2O in the Inferred and Indicated category, including 4.5Mt at 1.39% Li2O in the Indicated category (JORC compliant).\n \n \n \n Ø \n \n Spodumene-bearing pegmatite targets, including extensions of the known mineral resource and the Saltpond By-Pass pegmatite, have been identified for immediate follow-up. \n \n \n \n Ø \n \n Field teams re-mobilised to site to commence low-cost regional exploration programmes, including grid auger drilling, mapping and sampling within the newly-granted license and surrounding resource footprint area. \n \n \n \n Ø \n \n Long-lead baseline environmental and social studies and monitoring activities are ongoing.\n \n \n \n Ø \n \n Additional optimisation metallurgical test-work is ongoing at the Nagrom laboratory in Perth, WA.\n \n \n \n Ø \n \n Ideal infrastructure support; license located within 110km of the operating Takoradi deep-sea port, within 100km of the capital Accra and adjacent to the sealed bitumen Takoradi - Accra highway and high-power tra...