Atlas Lithium is not aware of any publicly available information which demonstrates a greater down-hole continuous spodumene intersect in Brazil's Lithium Valley, the mineral district where its Neves Project is located.
The spodumene intersect in DHAB-162 occurred between 176.45 and 279.85m down-hole. DHAB-162 is located within the Anitta pegmatite trend in the Neves Project, a cluster of four mineral rights aggregating 2684 hectares. In total, the company controls 24,233 hectares of mineral rights in Lithium Valley.
Atlas Lithium's exploration campaign plan is to drill an initial 40,000m at its Neves Project, of which 28,025m have been completed to date. In May 2023, the company drilled 8284m, a monthly high mark for its campaign.
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