Atlas Lithium Corporation (“Atlas Lithium” or “Company”), a leading lithium exploration and development company, today unveiled a wide-range project-specific and regional exploration strategy. Designed by newly appointed Chief Geology Officer James Abson, this strategy taps into his 29 years of multifaceted expertise across mining and mineral exploration with primary focus on hard-rock lithium. In particular, Mr. Abson was the Chief Geologist and Exploration Manager at Zimbabwe’s Bikita Minerals mine, one of the world’s longest-running and largest hard-rock lithium operations. Recent exploration efforts at the Company’s 100%-owned flagship Neves Project have identified six new and promising target areas, as indicated in Figure 1 below, complementing the four confirmed pegmatite bodies with spodumene mineralization, known as Anitta 1, 2, 3, and 4. Geological mapping has so far revealed 38 pegmatite occurrences throughout these six new target areas.
Under Mr. Abson’s leadership, the Company’s technical team plans to take a systematic approach to exploration of additional potential target areas within the Neves Project. These efforts will involve geological mapping, sampling of historical artisanal mining sites and exposed pegmatites to analyze potassium-rubidium ratios, as well as soil sampling using XRF and ICP testing. Geophysical surveys, including magnetics, will be used when warranted to pinpoint additional pegmatite deposits and related structures. Deep trenching of anomalous areas will be used to identify and confirm lithium-cesium-tantalum (LCT) pegmatites and estimate width, strike, dip and mineralization. Finally, scout drilling will test the highest priority pegmatite targets that appear widest and most mineralized.
Expanding beyond the Neves Project area, Atlas Lithium’s regional exploration will center on the other mineral rights for lithium within the broader Minas Gerais Lithium Project, a large footprint of 240 square kilometers of mineral claims located predominantly in Brazil’s Lithium Valley, a well-known hard-rock lithium district. A specialized exploration geology team has been assembled to initiate reconnaissance work across this wider land package. Initial efforts will involve geological mapping with a specific focus on historical artisanal mining sites, sampling of known and previously identified pegmatites, as well as first-pass soil sampling lines to identify anomalies. This phased approach will systematically advance regional prospecting across the Company’s extensive mineral rights in Minas Gerais.
“This is an exciting time for Atlas Lithium,” remarked James Abson, Chief Geology Officer, and a Qualified Person for Lithium, as such term is defined in Regulation SK 1300 in the U.S. “My current objectives are twofold – fast-tracking the development of the multiple promising new target areas uncovered within the Neves Project while simultaneously capitalizing on the lithium exploration potential within the Company’s extensive footprint of mineral rights across its entire Minas Gerais Lithium Project.”