American Lithium Corp. is pleased to provide financial and operating highlights for the first quarter ended May 31, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Simon Clarke, CEO of American Lithium, comments, "The market backdrop remains challenging across the lithium sector; however, we have continued to make solid progress while prudently managing our working capital. Although prices in [...]
American Lithium Corp. is pleased to provide an update on the optimization of the Falchani processing flow-sheet. This update is based on recently completed, and ongoing, test work at Australian Nuclear Science and Technology Organization Laboratories in Sydney, Australia in conjunction with TECMMINE in Lima, Peru . The unique volcanic style of lithium mineralization at Falchani, combined with low impurity content allows [...]
American Lithium Corp. is pleased to provide financial and operating highlights for the fiscal year and quarter ended February 29, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Simon Clarke, CEO of American Lithium, comments, "This was an extremely successful year operationally for both Falchani and TLC, our advanced lithium projects in Peru and Nevada, respectively. We also made strong [...]
American Lithium Corp. is pleased to announce the appointment of the former Deputy Minister of Mines, Augusto Cauti, as a Strategic Corporate Advisor in relation to its Peruvian Operations. Mr. Augusto Cauti is a seasoned mining executive who served as Deputy Minister of Mines of Peru in 2019-2020. He was previously an executive director of the Australia-Peru Chamber of Commerce and General Counsel for Pan American Silver [...]
American Lithium Corp. has received written notification from the Nasdaq Stock Market LLC on March 8, 2024, indicating that the Company is not in compliance with the minimum bid price requirement of US$1.00 per share under Nasdaq Listing Rule 5550 based upon the closing bid price of the Company's common shares for the thirty consecutive business days from January 25, 2024 to March 7, 2024. The Notice has no immediate [...]
American Lithium Corp. is pleased to announce it has filed an independent National Instrument 43-101 Technical Report on the Preliminary Economic Assessment for the Falchani Lithium Project located in Puno, southwestern Peru Highlights of the PEA were previously announced on January 10, 2024. The PEA and accompanying Technical Report were completed by DRA Global and Stantec Consulting Services Inc. . The PEA demonstrates [...]
American Lithium Corp. provides financial and operating highlights for the third quarter ended November 30, 2023. Unless otherwise stated, all amounts presented are in Canadian dollars. Simon Clarke, CEO of American Lithium comments, "This was an extremely busy period with significant achievements across our projects in Peru and Nevada. This momentum has continued past quarter end with the completion of the updated PEA [...]
American Lithium Corp. is pleased to announce the results of its updated Preliminary Economic Assessment for the Falchani Lithium project located in Puno, southwestern Peru. This independent, updated PEA was completed by DRA Global following the updated mineral resource estimate recently completed by Stantec Consulting Services Ltd. . The updated PEA demonstrates that with low initial capex, the Falchani project has the [...]
American Lithium Corp. announces that it has been notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings relating to the title of 32 disputed concessions out of a total of 174 owned by the Company's subsidiary, Macusani Yellowcake . If jurisdiction is established, INGEMMET and MINEM will attempt to persuade the Supreme Court to overturn the recent [...]
American Lithium Corp. is pleased to announce it has filed the independent National Instrument 43-101 Technical Report on the updated Mineral Resource Estimate for the Falchani Lithium Project located in Southwestern Peru and as announced on October 31, 2023. The MRE and Technical Report were completed by Stantec Consulting Services Inc. , which established a much larger lithium resource base which will form the basis of [...]
American Lithium Corp. is pleased to announce that it has now completed and submitted the Semi-Detailed Environmental Impact Assessment Study for the Falchani Lithium Project in Southern Peru to the Ministry of Energy and Mines . The EIA-sd commenced in July 2022 with SRK Peru leading the process and EDASI SAC providing environmental services including detailed hydrological / hydrogeological studies at Falchani. The [...]
American Lithium Corp. is pleased to report the voting results for the Company's Annual and Special Meeting of Shareholders held today in Vancouver, British Columbia. Detailed voting results of the election of the Company's board of directors are set out below: Nominee Votes For % For Votes Withheld % Withheld Andrew Bowering 19,518,784 90% 2,193,649 10% Simon Clarke 20,863,120 96% 850,313 4% Laurence Stefan 18,886,928 [...]