Atlantic Lithium reaffirms Ewoyaa as a major potential source of feldspar in Ghana
Atlantic Lithium Limited ( ) has released an updated estimate for the feldspar content of its Ewoyaa project in Ghana.
Ewoyaa is primarily being developed for its lithium content, but is also now known to contain 36.8 million tonnes of ore grading 41.9% feldspar.
The tonnage corresponds to that used in the lithium resource estimate, which shows 36.8 million tonnes at 1.24% lithium oxide (Li2O).
The feldspar resource includes 29.8 million tonnes in the measured and indicated categories.
Atlantic Lithium believes Ewoyaa represents a major domestic source of feldspar, which it intends to supply to the local Ghanaian ceramics market.
"The increased feldspar mineral resource estimate incorporates all of the spodumene pegmatites drilled at Ewoyaa and, therefore, considers the mine plan for the project over its entire 12-year mine life,” said Keith Muller, chief executive of Atlantic Lithium.
“The increased resource gives us further confidence in Ewoyaa's potential as a major source of feldspar in Ghana, which will be produced as a by-product of spodumene concentrate production from the project.”
The company also released a quarterly activities report which showed it had just under A$12 million in the bank at the end of the December quarter.
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This is all good news for Atlantic Lithium, which has made considerable progress at Ewoyaa over the past few years. The company is now awaiting the dust to settle from the recent Ghanaian election, before it can move on to construction.
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