Atlantic Lithium has revealed substantial lithium discoveries within its exploration licenses in Côte d”Ivoire, representing a strategic enhancement of the company”s mining portfolio focused on Africa. The company, listed in both London and Australia, has identified notable lithium-in-soil anomalies stretching over several kilometers through its Phase 2 and Phase 3 soil sampling at the Rubino and Agboville exploration sites, which are fully owned via its subsidiary Khaleesi Resources SARL.
The results from the Rubino license are particularly promising. Initial exploration phases uncovered a lithium-in-soil anomalous zone, and subsequent Phase 3 data has significantly expanded this area to approximately 6.0 kilometers by 2.5 kilometers. Within this newly defined region, several distinct linear trends have emerged as priority targets for further ground evaluation. These findings not only indicate the scale of the lithium deposits but also highlight the potential of Atlantic Lithium”s holdings in a region that remains largely underexplored for lithium resources.
At the Agboville site, the results are equally compelling. The Phase 2 soil sampling has delineated a pronounced linear anomaly extending beyond 5 kilometers, along with several additional linear features. One noteworthy feature correlates with the discovery of spodumene pegmatite float during geological mapping, suggesting the presence of lithium-rich rock formations. Spodumene is a primary ore source for lithium extraction, and its discovery serves as a concrete confirmation of the mineralization potential in the area.
Beyond soil sampling, geologists from Atlantic Lithium have identified multiple new occurrences of spodumene pegmatite within the Rubino license through rock float analysis and geological mapping. The rock chip samples yielded high-grade lithium assays, indicating significant concentrations of the mineral. In response, the company has commenced expanded mapping programs across both licenses to assess the anomalies identified in the soil sampling and to facilitate follow-up auger drilling endeavors.
This exploration initiative in Côte d”Ivoire aligns with Atlantic Lithium”s ongoing advancement of its flagship Ewoyaa Lithium Project in Ghana, embodying the company”s strategy to build a robust project pipeline aimed at supporting sustainable growth. Keith Muller, the Chief Executive Officer of Atlantic Lithium, emphasized that the recent findings showcase the prospectivity of the company”s tenure in Côte d”Ivoire, believing that its licenses hold significant value potential through lithium exploration.
To expedite exploration efforts across the two licenses, Atlantic Lithium has engaged a specialist corporate advisor to initiate a formal process to explore non-dilutive funding options. The company is considering minority investments, project-level partnerships, or other arrangements that would enable it to enhance exploration activities without diluting shareholder equity. This strategic approach reflects confidence in the discovery potential while managing financial risks.
The timing of these announcements coincides with a broader industry focus on West African lithium resources. With Ghana already establishing itself as a hub for lithium exploration through projects like Ewoyaa, Côte d”Ivoire”s emergence as an exploration frontier has the potential to transform regional mineral development dynamics. As the demand for battery materials intensifies, the lithium sector continues to attract global investment, making discoveries in stable, mining-friendly jurisdictions particularly appealing.
Atlantic Lithium”s exploration activities in Côte d”Ivoire are advancing alongside its operations in Ghana, allowing the company to optimize resource deployment across a range of growth opportunities. The company plans to provide further updates as exploration efforts progress.
