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Neil Herbert of Atlantic Lithium: Drilling programme increased by 43%

07:18, 8th November 2023
AudioBoom | https://audioboom.com/posts/8397017-neil-herbert-of-atlantic-lithium-drilling-programme-increased-by-43

Neil Herbert, Executive Chairman of Atlantic Lithium Follow | ALL explains how their drilling programme has increased by 43% with the addition of 8,000m of extensional resource drilling, from 18,500m to a total of 26,500m, targeted for completion in Q2 2024, of which 16,164m has been reported to date.

Highlights:

-     Ongoing drilling programme increased by 43% with the addition of 8,000m of extensional resource drilling targeting resource growth following the grant of the Mining Lease for the Project.
o  Planned 18,500m programme increased to a total of 26,500m targeted for completion in Q2 2024, of which 16,164m has been reported to date, including the results reported herewith.
 
-      Further assay results received for 2,362m of resource and metallurgical reverse circulation ("RC") and diamond core ("DD") drilling completed at Ewoyaa as part of the broader 2023 planned drilling programme.
 
-     High-grade infill and extensional drill intersections reported at the Ewoyaa Main, Anokyi and Ewoyaa South-2 deposits designed to provide metallurgical drill core whilst infilling the resource and extend mineralisation.
o  Reported assay results extend mineralisation at the Ewoyaa Main deposit, outside of the current 35.3Mt @ 1.25% Li2O Ewoyaa Mineral Resource Estimate1 ("MRE" or the "Resource") in hole GDD0093.
 
o  Shallow high-grade infill drill intersections at Ewoyaa Main, Anokyi and Ewoyaa South-2 reported as downhole intercepts, with estimated true widths included in the intersections table, including highlights at a 0.4% Li2O cut-off and a maximum 4m of internal dilution of:


o  GDD0105: 47.6m at 1.25% Li2O from 65.7m
o  GDD0107C: 53m at 0.93% Li2O from 30m
o  GDD0109: 28.7m at 1.51% Li2O from 79.3m
o  GDD0104: 28.2m at 1.23% Li2O from 81.2m
o  GDD0106: 22.4m at 1.07% Li2O from 34m
o  GDD0110: 14m at 1.46% Li2O from 33m

 

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