IronRidge Resources Ltd

IronRidge's Mascolo excited about new lithium deposit's potential in Ghana

Vincent Mascolo, chief executive at IronRidge Resources (LON:IRR) talks to Proactive Investors about the acquisition of a lithium deposit in Ghana.

"The potential of the deposit starts at a 1.5Mt resource at 1.6% lithium, with lots of blue sky upside potential," he says. "We stumbled across this about 4-5 months ago and it was just too good to let pass," he adds.

In term of the company's overall strategy, Mascolo says that the company is still looking at iron ore, but also other minerals such as lithium and gold to snap opportunities.

Quick facts: IronRidge Resources Ltd

Price: £0.17

Market: AIM
Market Cap: £52.5 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of IronRidge Resources Ltd named herein, including the promotion by the Company of IronRidge Resources Ltd in any Content on the Site, the Company...



Investor Update: Argo Blockchain agrees deal to expand electricity supply by...

Headlines from the Proactive UK newsroom. Argo Blockchain (LON:ARB) is to boost its electricity supply by 357% through a deal with a leading Canadian data centre provider. Argo now has access to 64 megawatts of electricity for bitcoin mining. Bacanora Lithium PLC (LON:BCN) has received the...

3 days, 11 hours ago

2 min read