Aim-listed IronRidge Resources announces that its Cape Coast project, in Ghana, has been granted as an exploration licence.
The newly granted licence is adjacent to the Mankessim exploration licence which hosts the Ewoyaa lithium project.
The granting of the exploration licence provides the company access to 139.23 km2 of highly prospective lithium tenure.
Moreover, it further bolsters the company’s Cape Coast lithium portfolio.
Only 13 km2 of IronRidge’s 560 km2 Cape Coast lithium portfolio has been drill tested to date. The company notes that there is significant exploration potential within proven prospective pegmatite hosting terrain.