Atlanctic Lithium Limited has announced the discovery of spodumene pegmatite on its Agboville and Rubino exploration licences in Côte d’Ivoire. Rock chip sampling carried out across these licences, entirely held by the company’s subsidiary Khaleesi Resources SARL, returned high-grade lithium assay values with Li₂O reaching up to 1.25%. These encouraging results confirm visual observations made during geological mapping and add a significant prospectivity element to the company’s tenure. In addition to the rock chip findings, Phase 2 soil sampling at the Rubino licence outlined pronounced lithium-in-soil anomalies. A distinct area measuring approximately 2.5km by 2.0km exhibited lithium readings ranging from 210 ppm to a peak of 806 ppm. The anomalies are open towards the northeast, and the company is eagerly awaiting the results from the recently completed Phase 3 programme. The grid-based soil sampling used 100m spacing, bolstering confidence in delineating these features in a robust exploration program. Historically, the licences—Agboville covering 397km² and Rubino 374km²—are underlain by Birimian-aged metasediments with granitic intrusions from the Eburnean orogeny. Similar geological settings in Ghana and Mali have hosted significant spodumene pegmatite occurrences, and the discovery further supports Atlantic Lithium’s strategy of expanding its lithium exploration efforts beyond its flagship Ewoyaa Lithium Project in Ghana. The region’s strategic location, with Agboville only 80km north of Abidjan and served by established transport links including highways and rail, adds further logistical advantages that could reduce future operating costs. Market sentiment from the news appears mixed. On the bullish side, the positive assay results and extensive soil anomalies emphasize strong exploration potential in a region with established infrastructure, reinforcing the company’s plan to diversify its African portfolio. The low-cost exploration programme and the firm’s track record at Ewoyaa suggest that further discoveries could bolster future production and investor confidence. Conversely, the bearish perspective focuses on the early stage of the exploration effort; while indicative, these initial findings remain at the reconnaissance level, and the outcomes from forthcoming Phase 3 soil sampling and subsequent auger drill programmes will be critical in confirming the resource’s potential. Investors should weigh the promise of these technical indicators against the inherent risks associated with early-stage mineral exploration.