Asamankese Lithium Project
The Asamankese Lithium Project is a greenfield lithium discovery located near the town of Asamankese in Ghana’s Eastern Region. Early exploration confirms an extensive Lithium-Caesium-Tantalum (‘LCT’) pegmatite system, expanding Kodal’s West African lithium footprint and positioning the project to support the global transition toward renewable energy and electric mobility.
A New Lithium Discovery in Ghana’s Eastern Region
In October 2026, Kodal Minerals entered into a binding joint venture agreement to earn up to an 80% interest in the 156 km² Asamankese Lithium Project located in Ghana’s Eastern Region.
Situated within the prolific Birimian geological sequence – the same geological terrain hosting Kodal’s flagship Bougouni Lithium Project in Mali – Asamankese represents a significant expansion of the Company’s West African lithium footprint. Systematic early-stage exploration has already mapped extensive pegmatite trends with high-grade spodumene mineralisation, establishing Asamankese as a premier exploration project in a well-established mining jurisdiction.
Highlights
Prime Location & Infrastructure
Located approximately 75km northwest of Ghana’s capital city, Accra, with direct access via the Accra–Kade sealed highway.
Substantial Concession Footprint
Covers a contiguous area of 156 km² within Ghana’s Eastern Region.
Established Grid & Communications
Benefit of established regional grid electricity and cellular communications network across local communities.
Favourable Climate & Operating Conditions
Tropical savannah climate with distinct wet (April–October) and dry (November–March) seasons, allowing year-round access and operational continuity.
High-Grade Lithium Mineralisation
Multi-element rock-chip sampling has returned exceptional high-grade lithium assays of up to 3.02% Li₂O.
Geological Setting - A Robust Geological Framework
Regional Geology
- The project is situated within the Birimian Supergroup of the West African Craton, a globally significant geological province renowned for gold, base metals, and rare-metal LCT pegmatites.
Local Geology
- Cape Coast Granitoid (67.5%): Predominantly underlain by fertile peraluminous granite intrusives.
- Birimian Metavolcanics & Metasediments (32.5%): Prospective country rocks host to structural corridors.
- Structural Corridors: Pegmatite bodies intrude along major northeast and northwest structural trends.
Pegmatite Characteristics
- Systematic surface mapping has identified 42 major and 27 minor pegmatite bodies across the concession.
- Coarse spodumene mineralisation observed in outcrop, varying from coarse-grained laths (>20cm in length) to fine-grained aggregates.
- Pegmatites exhibit a distinct muscovite-deficient LCT signature with accessory minerals including tantalite, garnet, and tourmaline.
Two High Priority Drill Targets Identified
Amantra Prospect
- Immediate Priority: High-priority target identified for initial reconnaissance drill testing.
- Scale: Mapped pegmatite system extends over 3.6 km of strike length.
- Mineralisation: Multiple southeast-dipping pegmatite sheets containing coarse to very coarse spodumene crystals.
Nfranta Prospect
- Extensive Trend: Aggregate mapped strike length exceeding 4.6 km.
- System Structure: Comprises multiple northwest-dipping pegmatite bodies that remain open along strike.
Joint Venture Structure
Kodal operates the Asamankese Lithium Project through its wholly owned subsidiary, Kodal Lithium Ghana Limited, under a binding Joint Venture agreement with local partner GH Geo-Consult Limited (“GGCL”):
Earn-in Potential
Kodal has the right to earn up to an 80% interest in the Project.
Staged Milestones
Earn-in is structured across defined phases comprising staged cash payments, exploration expenditure commitments, and project development milestones.
Kodal has the right to earn up to an 80% interest in the Project.
Operator
Kodal serves as the project operator, leveraging its proven West African lithium development capability.
Project Outlook & Next Steps
Kodal is leveraging its proven experience from the Bougouni Lithium Project in Mali to systematically advance Asamankese through cost-effective exploration:
Initial Field Work
Ongoing ground mapping and rock-chip sampling to refine surface targets.
Reconnaissance Drilling
Phase 1 drill testing at Amantra and Nfranta to test sub-surface depth and strike continuity of mapped pegmatites.
Resource Delineation
Results from initial drilling will guide the next stages of exploration and project assessment
Development Pipeline
Utilising Kodal’s regional technical and operational experience to guide future technical, environmental, and feasibility studies.
