ALLIF - Atlantic Lithium discusses key project developments and Ghana Stock Exchange listing
(NewsDirect)
Atlantic Lithium Ltd (AIM:ALL,OTCQX:ALLIF, ASX:A11) Executive Chairman Neil Herbert and GeneralManager for Exploration Iwan Williams discuss several key updates inan interview with Proactive's Stephen Gunnion.
Herbert shared his thoughts on GanfengLithium's plan to take full control of the Goulamina Project inMali, highlighting that it leaves Atlantic Lithium's Ewoyaaproperty in Ghana as one of the few remaining independent lithiumprojects in Africa slated for production. He noted the Ewoyaaproject's low capital and operational expenses, deeming itsignificant for the lithium industry amid growing demand for electricvehicles and battery production, particularly in China.
Williams, recently appointed to the post,elaborated on his extensive background in mineral exploration acrossAfrica and beyond, bringing over 30 years of experience to his role atAtlantic Lithium. He detailed recent exploration activities, includingdrilling at the Dog-Leg target at Ewoyaa, aimed at expanding themineral resource. Future plans include further drilling to exploredepth extensions of pegmatite formations, indicating optimism forsignificant resource growth.
Additionally, Herbert discussed theupcoming listing of Atlantic Lithium on the Ghana Stock Exchange,emphasising it as a milestone for local investment and a commitmentmade to the Ghanaian government. He also outlined ongoing offtakediscussions and regulatory progress expected to significantly impactthe company's funding and project developmenttimeline.
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