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Oneiro Energy PLC ( (GB:SWT) ) just unveiled an update.
Switch Metals has reported a new spodumene-bearing pegmatite discovery, named Kabore, at its Issia project in Côte d’Ivoire, with portable LIBS analysis on multiple grab samples indicating lithium oxide grades between 1.00% and 2.58%. The find, located within the Issia pegmatite corridor and close to tantalum-rich anomalies, also yielded coltan samples containing high-tantalum tantalite, underscoring the district’s potential for both lithium and tantalum and enhancing the strategic value of Issia, which lies within trucking distance of San Pedro mineral port used for regional lithium exports; the company plans to accelerate work on this new lithium prospect in parallel with its near-term tantalum resource estimate and broader exploration programme across its Ivorian portfolio.
More about Oneiro Energy PLC
Switch Metals plc is an AIM-listed mining company focused on critical technology and battery minerals in Côte d’Ivoire, where it is one of the largest landholders of tantalum, lithium and other critical metals prospects in the country and potentially West Africa. Its core assets are the Issia (tantalum, niobium, lithium), Bouaké (tantalum, niobium, rare earth elements) and Tiassalé (lithium) projects, with Issia currently prioritised for early cash flow via ethical tantalum production from shallow coltan placer deposits and scalable pegmatite-hosted mineralisation.
Average Trading Volume: 360,700
Technical Sentiment Signal: Buy
Find detailed analytics on SWT stock on TipRanks’ Stock Analysis page.