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American Lithium Corp. (TSXv: Li, OTCQB: LIACF, XFRA: 5LA1) is actively engaged in the acquisition, exploration and development of lithium resources within mining-friendly jurisdictions throughout the Americas. American Lithium currently holds a significant land position within 3-4 hours drive of the Tesla Gigafactory consisting of over 4,000 acres at our TLC project near Tonopah, NV, one of the most promising and underdeveloped lithium sedimentary basins in North America today. Our recent drill program produced core samples up to 2,285 ppm lithium with numerous samples over 1,000 ppm lithium, and near surface sampling has shown as high as 1,690 ppm of lithium and an average 760 ppm lithium to-date. Our recently produced 43-101 compliant Technical Report shows a measured & indicated resource of 5.37 Mt lithium carbonate equivalent (LCE) and another 1.76 Mt LCE inferred. Initial production tests have shown the regional mineralization can result in 90% extraction in minutes instead of days or months as compared to traditional lithium extraction techniques.
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U.S. Interior Department puts Lithium on list of minerals critical to security & economy of USA. Learn More
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