- Major lithium anomalies identified at Rubino and Agboville licences
- Funding drive aims to accelerate West Africa’s lithium development
ABIDJAN, CÔTE D’IVOIRE — Atlantic Lithium Ltd. is seeking fresh funding to accelerate exploration in Côte d’Ivoire after uncovering extensive lithium-in-soil anomalies and new spodumene pegmatite systems across its Rubino and Agboville licences.
The Africa-focused miner said this week it has engaged a corporate adviser to secure non-dilutive funding to fast-track work on the two sites, both wholly owned by its subsidiary, Khaleesi Resources SARL. The initiative forms part of the company’s broader strategy to expand its lithium portfolio in West Africa alongside its flagship Ewoyaa Lithium Project in Ghana.
“The latest results from our ongoing exploration programs across Rubino and Agboville further underscore the prospectivity of our tenure in Côte d’Ivoire,” Chief Executive Officer Keith Muller said. “These discoveries demonstrate significant value potential for our Ivorian projects, which will be advanced alongside Ewoyaa in Ghana.”
Expanding the West African lithium corridor
Atlantic Lithium’s recent soil sampling programmes revealed pronounced lithium anomalies extending several kilometres across the Rubino and Agboville tenements. At Rubino, the anomalous zone now covers roughly six kilometres by 2.5 kilometres, with multiple linear trends pointing to potential spodumene-bearing pegmatite systems. Rock-chip sampling and geological mapping confirmed new spodumene occurrences, underscoring the high lithium grades in the area.
At Agboville, Phase 2 results outlined a strong linear anomaly more than five kilometres long, coinciding with earlier spodumene discoveries. The company said follow-up exploration will begin immediately.
Muller noted that Atlantic Lithium has launched a formal process to explore “strategic options, including minority project-level investments or partnerships” to fund continued exploration. “We believe our Côte d’Ivoire licences could play an important role in our long-term growth pipeline,” he said.
The Rubino and Agboville licences together span about 770 square kilometres in the Agboville and Adzope regions, roughly 80 kilometres north of Abidjan. Their proximity to paved highways and a railway line linking the Ivorian port to Burkina Faso gives the sites strong logistical advantages for future mine development.
Strengthening Africa’s battery metals supply chain
The discoveries in Côte d’Ivoire come as Atlantic Lithium advances the Ewoyaa project in Ghana, which holds an estimated 36.8mn tonnes of spodumene pegmatite at 1.24% lithium oxide (Li₂O). Expected to produce about 3.6mn tonnes of spodumene concentrate over 12 years, Ewoyaa is one of Africa’s most advanced lithium projects and a potential cornerstone of the global electric vehicle supply chain.
Atlantic Lithium said Côte d’Ivoire remains under-explored for the battery metal, and the new findings highlight its potential to become a major player in the emerging West African lithium corridor.
