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Atlas Lithium Corporation (NASDAQ: ATLX) has announced encouraging lithium assay results from its ongoing drilling campaign at the Neves Project in Brazil’s Lithium Valley. The Neves Project, a proven lithium mining district, comprises four mineral rights spanning 2,684 hectares. The latest results highlight the significant potential across the Company’s strategically located land package of over 24,000 hectares.
High-Grade Lithium Intercepts at Neves Project
The Company’s continuous drilling at the Neves Project, particularly within the ‘Anitta 3’ pegmatite strike, keeps yielding high-grade lithium intercepts. Drill hole DHAB-208 intersected 1.64% LiO over 18 meters starting at 67.6 meters depth, plus 1.61% LiO over 5.71 meters. These strong results confirm the presence of high-quality lithium mineralization at Neves Project, where spodumene is the primary lithium-bearing mineral.
Comments from Chief Geology Officer
James Abson, the Company’s Chief Geology Officer, stated, ‘The latest results of Anitta 3 indicate geological continuity while lithium mineralization remains open in several directions. The high lithium grades and large intercepts in our drilling confirm the potential of this particular pegmatite within our Neves Project.’
About Atlas Lithium Corporation
Atlas Lithium Corporation (NASDAQ: ATLX) is committed to advancing and developing its 100%-owned hard-rock lithium project in Brazil’s Lithium Valley. The Company also owns equity stakes in Apollo Resources Corp. (private company; iron) and Jupiter Gold Corp. (OTCQB: JUPGF) (gold and quartzite).
Safe Harbor Statement
This press release contains forward-looking statements subject to inherent risks and uncertainties. Factors such as results from ongoing geotechnical analysis of projects, business conditions in Brazil, general economic conditions, geopolitical events, and regulatory changes could cause actual results to differ from the forward-looking statements.
Company Website: https://www.atlas-lithium.com
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