LykeShares
ASX Mining News
Sign up
Login
Sign Up
(current)
Watchlist
Feedback
Advertise With Us
Profile
Home
Search
Watchlist
Advertise
Feedback
Profile
How Will Atlantic Lithium's Groundbreaking Drilling Results Reshape Atlantic's Lithium Landscape? — ASX:A11| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$A11
How Will Atlantic Lithium's Groundbreaking Drilling Results Reshape Atlantic's Lithium Landscape?
Atlantic Lithium Unveils Unprecedented Drilling Discoveries in Ghana: Enigmatic Findings Fuel Prospects for Resource Upgrade
In a groundbreaking announcement, Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF), a trailblazing African-focused lithium exploration and development company, has unveiled extraordinary findings from its ongoing 2023 drilling program at the Ewoyaa Lithium Project in Ghana, West Africa. The company's latest discoveries have ignited fervent enthusiasm within the industry, underlining the tantalizing prospects of propelling Ghana into the echelons of premier lithium production.
Revolutionary Revelations: Unearthing Lithium Potential
The most riveting disclosure surfaced in the form of a 106-meter continuous pegmatite interval, a historic high noted within the recently intensified 2023 drilling initiative. This remarkable occurrence, specifically identified in hole GRC1020 at the Dog-Leg extension target on the northern tip of the Ewoyaa Main deposit, signifies a pivotal milestone in Atlantic Lithium's pursuit of groundbreaking lithium reserves.
Moreover, the revelation of multiple expansive intervals of visible spodumene
...
See More
outside the current Mineral Resource Estimate (MRE) has sparked fervent discussions within the geological community. The sight of visible coarse-grained spodumene fragments at shallow depths in various drill holes—such as GRC1017 and GRC1021—portends a substantial increase in the potential for a resource upgrade, ushering in a new era of prospects for the Ewoyaa Lithium Project.
The Importance of Spodumene and Implications for DMS Process
The discernment of coarse-grained, P1-type spodumene pegmatite holds pivotal significance for Atlantic Lithium's envisaged Dense Media Separation (DMS) process flowsheet, as deliberated in the Definitive Feasibility Study for the Project. This specific type of spodumene is highly favored for its optimal characteristics within the extraction process, bolstering the feasibility and commercial viability of the anticipated mining operation.
Ongoing Endeavors and Future Trajectory
While celebrating these unprecedented revelations, it's imperative to note that visual estimations of mineral abundance should not replace or be deemed a substitute for laboratory analyses when determining concentrations or grades that hold economic significance. These findings, although immensely promising, require rigorous laboratory scrutiny to ascertain their full potential accurately.
Atlantic Lithium's relentless pursuit of excellence continues unabated, with ongoing resource drilling aimed at the completion of the enhanced 26,500-meter planned program, slated for Q2 2024. As the company embarks on this steadfast trajectory, the tantalizing prospects arising from the Ewoyaa Lithium Project not only promise a potential resource upgrade but also forecast a transformational leap for Ghana's foray into the global lithium market.
... View
1 Like
0 Reply
?
L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
430 Views
2 Likes
0 Reply
?
L
Lykeshares
133d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
...
See More
rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
415 Views
1 Like
0 Reply
?
L
Lykeshares
164d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
430 Views
2 Likes
0 Reply
?
L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
320 Views
2 Likes
0 Reply
?
L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
306 Views
1 Like
0 Reply
?
L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
295 Views
1 Like
0 Reply
?
L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
1.1k Views
1 Like
0 Reply
?
Loading more...
Popular Stocks 🚀
Burgundy Diamond Mines Limited
ASX:BDM | Materials
1.9k
Pilbara Minerals Limited
ASX:PLS | Materials
2.1k
Apiam Animal Health Limited
ASX:AHX | Health Care Equipme…
490
Ebos Group Limited
ASX:EBO | Health Care Equipme…
3.8k
Infratil Limited.
ASX:IFT | Capital Goods
278
Show more