Business
Initial High-Grade Drill Intersections at Ewoyaa
Initial High-Grade Drill Intersections at Ewoyaa.
About this update from Atlantic Lithium Limited.
[{"type":"text","content":"\n \n \n \n 23 June 2022\n \n \n \n \n \n \n \n \n \n Exploration Update\n \n \n \n \n Initial High-Grade Drill Intersections, Grasscutter North\n \n \n \n \n Ewoyaa Lithium Project\n \n \n Ghana, West Africa\n \n \n \n \n \n \n \n \n Atlantic Lithium Limited\n (AIM: ALL, OTC: ALLIF, \"Atlantic Lithium\" or the \"Company\"),\n the funded African-focussed lithium exploration and development company\n targeting to deliver Ghana's first lithium mine,\n is pleased\n to announce initial assay results from the ongoing resource and exploration drilling programme at the\n Ewoyaa Lithium Project (\"Ewoyaa\" or the \"Project\") in Ghana, West Africa\n .\n \n \n \n \n \n \n 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/9290P_1-2022-6-23.pdf\n \n \n \n HIGHLIGHTS:\n \n \n \n Ø\n \n Initial assay results received for approximately 4,560m of Reverse Circulation (\"RC\") drilling completed at the Grasscutter North target.\n \n \n \n Ø\n \n High-grade drill intersections returned, including highlights of:\n \n \n \n o \n \n GRC0647: 22m at 1.25% Li2O from 104m\n \n \n \n o \n \n GRC0646: 15m at 1.35% Li2O from 71m\n \n \n \n o \n \n GRC0642: 13m at 1.26% Li2O from 185m\n \n \n \n o \n \n GRC0636: 9m at 1.24% Li2O from 131m\n \n \n \n o \n \n GRC0649: 9m at 1.09% Li2O from 182m\n \n \n \n Ø\n \n Assay results pending for an additional 10,400m of RC drilling completed from the ongoing 37,000m resource evaluation and exploration drilling programme; planned for completion in Q3 2022.\n \n \n \n Ø\n \n The Company announced a significant Mineral Resource Estimate (\"MRE\" or the \"Resource\") upgrade to 30.1Mt at 1.26% Li2O for the Ewoyaa Lithium deposit, which represented a 42% increase in the previous MRE, included 20.5Mt @ 1.29% Li2O i...