American Lithium Corp. is pleased to provide financial highlights for the fiscal year ended February 28, 2023 and operating highlights from the quarter ended February 28, 2023. Unless otherwise stated, all amounts presented are in Canadian dollars. "This was indeed a very active quarter delivering on several key milestones, corporately and on the ground in Nevada and Peru," stated Simon Clarke, CEO of American Lithium. "A [...]
American Lithium Corp. announces that it has arranged a strategic investment for Surge Battery Metals Inc. to be completed by way of non-brokered private placement of up to 17,900,000 units of Surge at a price of $0.40 per Unit. Each Unit will consist of one common share and one share purchase warrant exercisable for a period of three years at a price of $0.55 per share. Upon completion of the Private Placement, American [...]
American Lithium Corp. is pleased to announce receipt of the first of three permits from Peruvian authorities for drilling near Quelcaya, 5-6 kms west of the Company's Falchani deposit, and drilling will start immediately. Simon Clarke, CEO of American Lithium states, "This is a very significant development for the Company which validates recent supportive comments from the new government in Peru and enables us to target [...]
American Lithium Corp. regrets to report that a single vehicle accident involving a Company owned vehicle occurred near the Company's project site in Southern Peru resulting in the death of a local passenger and injury to two Company employees. "We are very saddened by this tragic accident," stated American Lithium CEO Simon Clarke. "Our thoughts and prayers are with the families and their communities during this [...]
American Lithium Corp. announces it has filed an independent National Instrument 43-101 Technical Report on the Preliminary Economic Assessment for the Tonopah Lithium Claims project located in the Esmerelda lithium district northwest of Tonopah, Nevada. Highlights of the PEA were previously announced on February 1, 2023. The PEA and accompanying Technical Report were completed by DRA Global and Stantec Consulting [...]
American Lithium Corp. is pleased to announce that it has appointed DRA Global as lead engineer to coordinate completion of a Pre-Feasibility Study on the Company's Falchani Lithium Project in Southern Peru . As part of this process, Stantec Consulting Ltd. will also prepare an updated mineral resource estimate on Falchani which will involve the reclassification of existing resource categories, as well as including new [...]
American Lithium Energy Corporation , a leading developer of sustainable energy solutions, specializing in the production of lithium batteries, announced today that it has been awarded two grants totaling $13.2 million from the California Energy Commission. ALE will receive $10.2 million in funding from the Zero-Emissions Transportation Manufacturing program and an expected $3 million from the California Energy Commission [...]
American Lithium Corp. is pleased to provide operating and financial highlights for the third-quarter ending Nov 30, 2022. "During the quarter, the Company made strong progress and delivered on several key milestones," stated Simon Clarke, CEO of American Lithium. "Successful drilling at TLC allowed us to deliver new and expanded resources, forming the foundation for the Company's maiden PEA announced yesterday." During [...]
American Lithium Corp. is pleased to announce the results of its maiden Preliminary Economic Assessment for the Tonopah Lithium Claims project located in the Esmerelda lithium district northwest of Tonopah, Nevada. This independent PEA was completed jointly by DRA Global and Stantec Consulting Ltd. and demonstrates that the TLC project has the potential to become a substantial, long-life producer of low-cost lithium [...]
American Lithium Corp. announces it has entered into an agreement with Nevada Alaska Mining Co. Inc., an arms-length party, to buy back the remaining one percent gross overriding royalty on the Company's wholly owned TLC Lithium Project located in the Esmerelda lithium district northwest of Tonopah, Nevada. Pursuant to the terms of the Agreement, American Lithium will issue 950,000 common shares in the capital of the [...]
American Lithium Corp. announces it has filed the independent National Instrument 43-101 Technical Report on the updated Mineral Resource Estimate for the Tonopah Lithium Claims project located in the Esmerelda lithium district northwest of Tonopah, Nevada announced on December 1, 2022. The MRE and Technical Report were completed by Stantec Consulting Services Inc. , which established a much larger lithium resource base [...]
American Lithium Corp. is pleased to announce results of confirmatory lithium leaching and lithium carbonate precipitation test work from Tonopah Lithium Claims mineralization. The test work was completed at McClelland Laboratories in Reno, Nevada with lithium carbonate products analyzed at SGS Lakefield in Lakefield, Ontario. Similar expanded studies also continue at ANSTO in Australia. This test work supports the maiden [...]