Atlantic Lithium Limited has issued an update on its exploration and resource drilling efforts at the Ewoyaa Lithium Project and the Cape Coast Lithium portfolio in Ghana.
The program enabled the company to target and test for potential concealed pegmatites within the immediate resource footprint using passive seismic geophysics and follow-up drilling, improve resource confidence and add potential tonnes to the Mineral Resource Estimate (MRE) and expand the regional exploration pipeline of targets.
Atlantic said it engaged Fleet Space Technologies to conduct a passive seismic geophysical survey within the Ewoyaa footprint to test the potential for concealed pegmatite targets.
It added that infill drilling, which is part of the planned approximate 3,000 m infill reverse circulation (RC) and diamond drilling program, has commenced at the Ewoyaa South 2 deposit.
The drilling program aims to convert inferred resources to the higher confidence indicated category for future mine sequencing optionality.
Once completed, the rig will move to the Ewoyaa Main deposit to commence step out drilling to potentially add tonnes to the MRE.
Over 7,000 m of resource extension drilling is planned at the Ewoyaa Main, Ewoyaa North-East and Kaampakrom deposits.
The exploration and drilling programmes are not expected to impact the delivery of the Definitive Feasibility Study, which is on track for delivery in the second quarter.
Atlantic interim CEO Lennard Kolff said the program aims to de-risk the project’s current resources and provide optionality regarding the mine plan.
“We are very excited to be working with Fleet Space Technologies and to announce the commencement of the passive seismic geophysical survey at the project, the first in Ghana, testing for concealed pegmatites within the immediate MRE footprint,” he added.
Kolff noted that a successful survey could significantly boost the company’s understanding of the current Ewoyaa MRE and uncover additional areas to target.
