A11 atlantic lithium limited

News: A11 Atlantic Lithium's Ghana mine poised to begin production by 2024, page-86

  1. 3,696 Posts.
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    Looking over some older doc's I've seen references to a non-JORC resource of Egyasimanku Hill (1.48Mt @ 1.67%) that was established 60 years ago. This is a small volume but fantastic grade. Has anyone else found any useful details about this resource?

    From what the little I've found there is a disconnect between references to a 1,150m strike length, 20-50m widths [35 average?] and only a 1.48Mt resource. It however makes more sense if only the 320 strike was drilled and then to perhaps then only to a 50m depth. While pedantic, a 2018 reference to the 1.48Mt notes pegmatite (not pegmatites). The calculation 320*35*50*2.7=1.51Mt which is pretty close to 1.48Mt. If this is the case then drilling the full strike length and drilling to perhaps a true depth of 100-150m could turn this into a >10Mt resource (1150*35*100*2.7=10.9Mt).

    This is obviously not the immediate priority but is useful to know for when Atlantic is generating cashflow and can fund further exploration.

    https://hotcopper.com.au/data/attachments/4783/4783512-3892e405ed9ea57f7116af7e90d8fb4c.jpg

    From a proactive 2017 article:
    https://hotcopper.com.au/data/attachments/4783/4783520-749288505aefac38bd332f8deb31ab88.jpg
    https://hotcopper.com.au/data/attachments/4783/4783529-064e1f7da1c254936554ab168f90a4ee.jpg
    https://hotcopper.com.au/data/attachments/4783/4783598-d65a547b9d15d8bad5c54fe7441c12de.jpg
    Last edited by WhatsTheTip: 26/10/22
 
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