Atlantic Lithium Limited (ALL) has commenced geochemical soil sampling, geological mapping and rock chip sampling at the Senya Beraku licence in the eastern portion of the Cape Coast lithium portfolio in Ghana.
This portfolio also holds the flagship Ewoyaa lithium project, which Atlantic Lithium is moving rapidly towards production.
Senya Beraku is a previously unexplored prospecting licence, representing 82.11km2 of prospective tenure within 70km of the Ewoyaa footprint.
In addition, Senya Beraku sits 20km east of the known Egyasimanku Hill-Winneba spodumene pegmatite field, where coarse-grained spodumene pegmatites have been observed.
So far, 1,344 soil samples have been collected, as of 26 May 2024, with 5,405 samples planned to be collected in the ongoing programme.
At this stage, weathered, coarse-grained pegmatite units have been identified in surface geological mapping. No spodumene mineralisation has yet been observed, and assays are pending.
"The recently-granted Senya Beraku prospecting licence represents new, unexplored tenure offering considerable exploration upside potential,” said Neil Herbert, executive chairman of Atlantic Lithium.
“With no lithium exploration having been conducted previously over the licence, we are pleased to now be on the ground undertaking soil sampling, mapping and rock chip sampling, with the view to identifying new anomalies that we can follow up on with targeted drilling.”
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Atlantic Lithium remains focused on advancing Ewoyaa, but this new undertaking creates additional upside and provides the potential for long-term value. Exploration work is always speculative, but when it’s backed by as robust a project as Ewoyaa, and is taking place in a jurisdiction that has been as welcoming as Ghana has to Atlantic Lithium, it makes plenty of sense. And remember, this isn’t the only unexplored ground that Atlantic has in its portfolio. There’s much more upside out there.