- Atlantic Lithium (ASX:A11) secures the Bewadze and Senya Beraku prospecting licenses located within the company’s Cape Coast lithium portfolio in Ghana
- The licenses were granted through A11’s subsidiary, Green Metals Resources (GMR)
- The company has extensive work programs planned to assess the potential for lithium within the newly granted tenure
- It aligns with Atlantic Lithium’s goal to establish Ghana’s first lithium mine, with government support backing
- A11 shares are down 2.53 per cent, trading at 38.5 cents at 3:25 pm AEDT
Atlantic Lithium (ASX:A11) has secured the Bewadze and Senya Beraku prospecting licenses located within the company’s Cape Coast lithium portfolio in Ghana through its Ghanaian subsidiary, Green Metals Resources (GMR).
These licenses form an integral part of the company’s flagship Ewoyaa project.
The granting of the licenses provides the company with access to previously undrilled ground within the project area, while also highlighting the commitment of Ghana’s Government to the company’s exploration endeavours.
Bewadze license
The Bewadze prospecting license spans 6.93 square kilometres near Winneba in Ghana’s Central Region.
It lies in close proximity to Egyasimanku Hill, which has been recognised for its coarse spodumene pegmatites. The area has also witnessed limited modern exploration, leaving ample opportunity for further investigation and the potential to uncover valuable lithium resources.
The geological conditions within the Bewadze license area, characterised by mafic schists in contact with granitoid and known spodumene pegmatites, create a favourable environment for lithium prospects.
Previous soil geochemistry and radiometric data have indicated promising signs, with indicators of granitoid and pegmatite trends.
Additionally, the flat terrain in the area facilitates potential extensions of the Egyasimanku Hill pegmatites.
Senya Beraku license
The Senya Beraku prospecting license covers a more extensive area, approximately 82.11 square kilometres.
“No previous exploration has been completed at Senya Beraku, where north-east trending younger granitoid intrude gneisses and biotite schists in a similar orientation to the Egyasimanku Hill spodumene pegmatite occurrence, located within 20km of the licence,” A11 Executive Chairman Neil Herbert said.
The company has extensive work programs planned to assess the potential for lithium within the newly granted tenure.
A11 shares were down 2.53 per cent, trading at 38.5 cents at 3:25 pm AEDT.