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Atlas Lithium has more than doubled its lithium exploration portfolio in Brazil, the company said on Monday.
Both new districts are located near Governador Valadares, a city with approximately 280,000 inhabitants in the state of Minas Gerais, which offers favorable infrastructure and access roads, and is about 350 km from the Port of Vitoria. “Our new mineral rights near Governador Valadares provide access to an exciting new lithium frontier in Brazil that has been relatively untapped beyond gemstone mining,” commented James Abson, chief geology officer at Atlas Lithium.
According to the Brazilian Geological Survey, four lithium-mineralized pegmatite occurrences have been identified within the company’s permits, two of which have been confirmed to contain spodumene. Other reported lithium minerals include lepidolite and amblygonite, along with accessory minerals such as colombo-tantalite.
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