Atlantic Lithium (ASX: $A11) announces high-grade assay results

Atlantic Lithium Limited (ASX: $A11) has announced further broad and high-grade assay results from resource drilling completed at the Ewoyaa Lithium Project in Ghana, West Africa. The drilling has delivered impressive intersections, providing confidence in the growth potential of the current 35.3Mt @ 1.25% Li2O Resource at the Ewoyaa Lithium Project.

Executive Chairman's commentary on drilling results

Neil Herbert, Executive Chairman of Atlantic Lithium, expressed satisfaction with the initial assay results from the drilling completed in 2024. He highlighted that the results from the new Dog-Leg target, located on the northern tip of the Ewoyaa Main deposit, outside of the current Mineral Resource Estimate (MRE), have returned multiple high-grade and broad near surface extensional intersections, including 27m at 1.85% Li2O from 126m in the most recent results. Herbert also mentioned the Company's anticipation of further drilling results from the diamond tail drilling completed at Dog-Leg and the targeted mid-year MRE upgrade for the Project, which will include updates to both the lithium and feldspar based on the drilling completed in 2023 and 2024.

Summary of high-grade assay results and outlook

The high-grade and broad extensional drill intersections reported at the new Dog-Leg target, outside of the current Mineral Resource Estimate, indicate the potential for significant resource growth at the Ewoyaa Lithium Project. The Company has confirmed no mineralisation at the proposed plant site, providing confidence in its location. Atlantic Lithium plans to incorporate the drilling results into a mid-year MRE upgrade for the Project, which will include updates to both the lithium and feldspar. The completion of 3,177m of sterilisation drilling at the proposed plant site and the demobilisation of the drill rig mark significant progress. The Company's regional exploration programmes are ongoing, aiming to advance its exploration project pipeline.