Pro-Mining Investment Framework

  • Mineral Rights, Licenses and Permits:
    1. Reconnaissance Licence - 1 year and renewal for a further 1 year
    2. Prospecting Licences - 3 years and 2 x 3 year extensions
    3. Mining Licenses - up to 30 year term and renewable for a further 30 year term

  • State Carried Interest - 10% free carry with up to 15% contributing

  • 10-year tax holiday 

  • 35% Corporate tax rate

  • 3% to 6% royalty

  • Commercial terms negotiable 



Cape Coast Lithium Project (70-100%) 

  • 314km² land packages secured via joint venture and direct application

  • High-grade Li pegmatite opportunities; low sovereign risk, pro-mining Ghana

  • Historical Spodumene deposit of 1.48Mt @ 1.66% Li₂O (non JORC) 

  • Over 20km strike of pegmatite vein swarms identified in previous mapping

  • 8 pegmatite bodies reported; 350-560ft long, 30-80ft wide & 0.5-2.2% Li₂O

  • Resource and exploration upside 

  • Primary hard rock spodumene in pegmatite; additional beryllium, Ta-Nb, Sn and Au potential 

  • Within 90km of capital city Accra and deep water port of Takoradi, along bitumen highway 

 cape coast lithium project license and application areas

cape coast lithium project license and application areas


Historic Egyasimanku Lithium Resource 

  • Historical (non JORC compliant) resource of 1.48Mt @ 1.66% Li₂O

  • Completed by Ghana Geological Survey during 1962; diamond drilling, trenching and bulk sampling

  • Only one of 4 areas assessed and included in resource

  • Resource scale potential upside along strike and at depth

 historic lithium resource location

historic lithium resource location


Exploration Upside

  • 10km long by 1-3km wide pegmatite vein swarm identified in previous mapping at Apam – Winneba

  • 8 pegmatite bodies reported at Barari; 350-560ft long, 30-80ft wide & 0.5–2.2% Li₂O

  • North-East striking pegmatite trends; parallel to regional fabric

  • Along interpreted Birimian metasediments and Cape Coast granite intrusive contact

  • Egyasimanku Hill is largest topographical feature within immediate project area