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Atlas Lithium's Lithium Ore Concentrates to Battery Supply-Chain Grade
Belo Horizonte, Brazil--(Newsfile Corp. - March 15, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or the "Company"), a leading developer
About this update from Atlas Lithium Corporation
[{"type":"text","content":"Belo Horizonte, Brazil--(Newsfile Corp. - March 15, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) (\"Atlas Lithium\" or the \"Company\"), a leading developer of hard-rock lithium assets, today announced that SGS Canada Inc.'s facility, located in Lakefield, Canada (\"SGS Lakefield\"), a premier center for independent metallurgical assays, produced over 10 kg of commercial-grade lithium concentrate from processing approximately 117 kg of representative ore from the Company's 100%-owned Minas Gerais Lithium Project using standard dense media separation (\"DMS\") technology. Processing of Atlas Lithium's ore showed easy separation, high recovery, and no significant contaminants. SGS Lakefield has been providing testing and analytical services to the mining industry since 1941 and has earned the reputation as a leading provider of bankable metallurgical services.\nMarc Fogassa, Atlas Lithium's Chairman and Chief Executive Officer, commented: \"These results indicate that efficient and cost-effective processing using well-established DMS methods is possible for our ore. Our samples achieved commercial grade for use within established battery supply-chain processing routes. We believe that this is a key milestone as we further advance our project.\"\nMarc Fogassa, and Igor Tkachenko, the Company's Vice President of Strategic Development, recently visited SGS Lakefield to meet its metallurgical experts on-site and to receive a sample of Atlas Lithium's concentrate. A photo of Massoud Aghamirian, Director of Metallurgical Analysis at SGS Lakefield, alongside Marc Fogassa during the site visit is attached to this release. A photo of the retrieved lithium concentrate sample is also included in this release.\nAtlas Lithium expects to receive the finalized metallurgical testing report from SGS Lakefield in the coming weeks. Importantly, the data from this report is an essential component of the forthcoming Preliminary Economic Analysis (\"PEA\") of the Company's lithium project.\n\nFigure 1\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/6706/158497_2e8bfbe0140f0ba8_002full.jpg\n\nFigure 2\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/6706/158497_2e8bfbe0140f0ba8_003full.jpg\nAbout Atlas Lithium Corporation\nAtlas Lithium Corporation (...