Switch Metals Uncovers High-Grade Spodumene Lithium at Issia in Côte d’Ivoire

Oneiro Energy PLC ( (GB:SWT) ) has issued an update.

Switch Metals has reported the discovery of a spodumene-bearing pegmatite, dubbed the Kabore prospect, at its Issia Project in Côte d’Ivoire, with portable LIBS analyses on grab samples indicating lithium oxide grades between 1.00% and 2.58% alongside high-grade tantalum-bearing coltan identified in the same trench. The find expands Issia’s potential from a near-term tantalum resource into a dual lithium–tantalum play and comes as lithium prices improve, prompting the company to accelerate work on the new hard-rock lithium target in parallel with its imminent tantalum resource estimate and broader exploration across its Côte d’Ivoire portfolio.

More about Oneiro Energy PLC

Switch Metals plc is a London AIM-listed mining company focused on critical technology and battery minerals in Côte d’Ivoire, where it holds what it describes as the country’s largest land position over tantalum, lithium and other critical metal prospects. Its core projects are Issia, which targets tantalum, niobium and lithium; Bouaké, which is prospective for tantalum, niobium and rare earth elements; and Tiassalé, focused on lithium, with Issia seen as the main near-term cash-flow opportunity through shallow, ethical coltan (tantalum) production from placer deposits and underlying hard-rock pegmatites.

Average Trading Volume: 360,700

Technical Sentiment Signal: Buy

Find detailed analytics on SWT stock on TipRanks’ Stock Analysis page.