Atlantic Lithium Limited announced final assay results from the resource and exploration drilling programme completed at the Ewoyaa Lithium Project (‘Ewoyaa' or the ‘Project') in Ghana, West Africa. Highlights: Final assay results received for a further 10,052m of exploration and infill diamond core (‘DD') drilling and reverse circulation (‘RC') drilling completed at the Ewoyaa Project, part of the now completed resource evaluation and exploration RC and DD programme; Newly reported assay results confirm new mineralised pegmatites at the Grasscutter North, Kaampakrom North and Assan targets, outside the currently defined 30.1Mt @ 1.26% Li 2O Ewoyaa JORC (2012) Compliant Mineral Resource Estimate (‘MRE' or the ‘Resource'); Multiple high-grade drill intersections reported at the Kaampakrom North, Grasscutter North, Anokyi and Grasscutter West targets, including highlights of: GRC0825: 36m at 1.23% Li 2 O from 42m; GDD0102A: 22.2m at 1.62% Li 2 O from 73.3m; GRC0837: 20m at 1.6% Li 2 O from 44m; GDD0103: 15.1m at 1.24% Li 2 O from 55.4m; GRC0842: 12m at 1.55% Li 2 O from 93m; GRC0839: 13m at 1.35% Li 2 O from 99m; GRC0850: 12m at 1.24% Li 2 O from 96m; GRC0341: 12m at 1.03% Li 2 O from 134m; GRC0844: 7m at 1.69% Li 2 O from 162m; GRC0872: 8m at 1.48% Li 2 O from 34m. All assay results now reported for the total approximate 47,000m drilling programme completed; Resource upgrade targeted for First Quarter 2023; to inform Definitive Feasibility Study (‘DFS') targeted for completion mid-2023; Recently announced processing plant FEED engineering contract awarded to Primero to optimise the Project's flow sheet, identify long lead items, maximise the Project's long-term profitability, reduce execution risk and ultimately support the advancement of the Project towards becoming a financially and operationally robust lithium-producing mine; Recently announced Pre-Feasibility Study delivers exceptional financial outcomes for a 2Mtpa operation, producing an average c. 255,000tpa of 6% Li 2O spodumene concentrate (‘SC6') over a 12.5-year operation: LOM revenues exceeding USD 4.84 billion, Post-tax NPV8 of USD 1.33 billion, IRR of 224% over 12.5 years; USD 125 million capital cost with payback period of <5 months; C1 cash operating costs of USD 278 per tonne of 6% lithium spodumene concentrate Free on Board (‘FOB') Ghana Port, after by-product credits; Average Life of Mine (‘LOM') EBITDA of USD 248 million per annum; 18.9Mt at 1.24% Li 2O Maiden Ore Reserve; Average annualised USD 1,359/dry metric tonne SC6 pricing used.