Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11) appointed experienced mining engineer Keith Muller as its new chief operating officer, effective next month.
Muller has more than 20 years of operational and leadership experience across domestic and international mining sectors, including in the lithium sector, said the Africa-focused lithium exploration and development company.
He has a strong operational background in hard rock lithium mining and processing, particularly dense media separation (DMS) spodumene processing, as well as experience operating within the African mining sector, said Atlantic.
Earlier this month, Atlantic said it had applied for a mining licence for its flagship Ewoyaa project, a significant lithium spodumene pegmatite discovery which is on track become Ghana's first lithium producing mine.
“Keith's exceptionally strong operational skills, especially from a working lithium mine, will be key as we progress the Ewoyaa lithium project through the development and mine build phase into production,” said executive chairman Neil Herbert. “Keith has also completed detailed mine studies as well as permitting, crucial next steps for the company.”
In a separate announcement, AIM-traded Atlantic highlighted the previously announced progress made Ewoyaa. It was the group’s first quarterly activity report since its admission to the Australian Securities Exchange (ASX).
“With a number of lithium companies on the ASX attracting significant investor interest recently, we hope that the listing will be a step towards achieving a more attractive valuation with respect to our industry-leading Ewoyaa project,” Herbert said.
Atlantic had cash on hand at the end of September of A$23.4mln (£13.1mln).
It also held a webinar earlier today with senior management and the presentations are now available on the company's website.