Lithium Intersect Intersections At Neves Project


BELO HORIZONTE, BRAZIL - Atlas Lithium Corporation reported on drill hole DHAB-104 which holds the record for the longest down-drill lithium mineralization of the current exploration campaign, with 95.2 meters (312 feet) intersect. DHAB-104 is located within the 1.8-kilometer Anitta pegmatite trend in the Neves Project in Brazil's Lithium Valley, a well-known district for hard-rock lithium. The Neves Project covers 2,684 hectares. In total, Atlas Lithium controls 24,233 (242 km2) hectares of mineral rights in Lithium Valley.

Marc Fogassa, CEO and Chairman, said, "We continue to be encouraged by the sequence of positive data obtained from Anitta. It is also important to note that Lithium Royalty Corporation's non-dilutive investment of US$20,000,000 in us earlier this month - after a site visit and due diligence on our properties and team - has fully funded our planned drilling campaign."