Atlas Lithium Corporation ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, today announced promising geochemical lithium assay results from the ongoing drilling campaign at its Neves Project in Brazil's Lithium Valley. The Neves Project consists of four mineral rights totaling 2,684 hectares in this proven lithium mining district. With these latest results, the Company continues to demonstrate the significant potential across its strategically located land package of over 24,000 hectares.
DHAB-211 showing mineralization with large spodumene crystals identifiable under ultraviolet (UV) light. Image Credit: Atlas Lithium Corporation
The Company's ongoing drilling at the Neves Project, and within the “Anitta 3” pegmatite strike specifically, continues to deliver high-grade lithium intercepts. Drill hole DHAB-208 had a downhole intersect with 1.64% Li2O over 18 meters starting at just 67.6 meters depth, plus 1.61% Li2O over 5.71 meters. DHAB-211 yielded 1.31% Li2O over 14.89 meters and 1.49% Li2O over 4.60 meters. Hole DHAB-214 intersected 1.70% Li2O over 26.55 meters, including a robust 2.12% Li2O over 20.00 meters. DHAB-220 returned 1.34% Li2O over 9.72 meters. Such strong results reinforce the presence of high-quality lithium mineralization at Neves Project, where spodumene has been identified as the primary lithium-bearing mineral.
James Abson, the Company's Chief Geology Officer, commented, “It is rewarding that the latest results of Anitta 3 point to geological continuity while lithium mineralization remains open in several directions. The high lithium grades and large intercepts observed in our drilling confirm the potential of this particular pegmatite within our Neves Project.”