American Lithium Corp. is pleased to announce that, in connection with its previously announced private placement offering of units , it has entered into an amended agreement with Eight Capital, on behalf of a syndicate of agents including Echelon Wealth Partners Inc. and TD Securities Inc., as co-lead agents and joint bookrunners pursuant to which the Corporation has increased the size of the private placement to up to [...]
American Lithium Corp. is pleased to announce that it has entered into an agreement with Eight Capital, on behalf of a syndicate of agents including Echelon Wealth Partners Inc. and TD Securities Inc., as co-lead agents and joint bookrunners pursuant to which the Corporation has launched a private placement of up to 7,548,000 units , at an offering price of $2.65 per Unit , for aggregate gross proceeds of up to [...]
American Lithium Corp. is pleased to provide an update on developments and plans across all of its projects and at the corporate level. Highlights: Tonopah Lithium Claims : Big Smoky / Crescent Dunes acquisition closed - TLC now at approximately 12,975 contiguous acres; Received BLM approval to drill up to 15 new holes ) to test high grade target areas lithium at surface) on recently acquired land in Nevada; Reverse [...]
American Lithium Corp. is pleased to announce positive prospecting, mapping and sampling results from the Company's Macusani Uranium Project , located in the Puno region in southeastern Peru, and to provide an update on upcoming drilling plans for the project. Highlights: 2021 radiometric prospecting and sampling work has identified possible extensions to five existing uranium deposits and three new anomalies for drill [...]
American Lithium Corp. is pleased to announce that a delegation of the Company's management, led by CEO Simon Clarke and including Michael Kobler, an original founder and current GM of US Operations and Ulises Solis, GM of Peru Operations, had the honour of a private audience yesterday with President Pedro Castillo, the recently-elected President of Peru. A photo accompanying this announcement is available at [...]
American Lithium Corp. is pleased to provide details of additional progress optimizing recent salt roasting and water leaching work on lithium mineralization from the Tonopah Lithium Claims Project located near Tonopah, Nevada . Roast-Water Leach Process Highlights: Ongoing process work at TECMMINE in Lima, Peru has replicated, and improved upon, promising initial roasting results from Hazen Laboratory using sulphate [...]
American Lithium Corp. is pleased to announce positive pre-concentration upgrading results from Tonopah Lithium Claims claystone mineralization using Falcon continuous gravity concentrators with 88% of Lithium concentrated in 60% of the original mass - an upgrading factor of approximately 1.5. Upgrading Highlights: Gravity concentration test work by TECMMINE, in consultation with Sepro Mineral Systems of Lima Peru [...]
American Lithium Corp. is pleased to announce that it has entered into a share purchase agreement, dated September 7, 2021, with Big Smoky Holdings Corp. and each of the shareholders of Big Smoky , pursuant to which it will acquire all of the outstanding share capital of Big Smoky. Big Smoky controls the Crescent Dunes Project , consisting of 3,886 acres of highly prospective exploration land immediately north of, and [...]
American Lithium Corp. is pleased to announce the highest lithium extraction results to date, achieving 97.4% extraction utilizing warm sulfuric acid leach on Tonopah Lithium Claims claystone mineralization. Highlights: Latest TLC test work run by TECMMINE in Lima, Peru has achieved 97.4% lithium extraction using warm sulfuric acid leach, the highest results achieved to date from any recovery process. On-going test work [...]
American Lithium Corp. is pleased to announce that the Bureau of Land Management is currently reviewing an Administrative Draft Environmental Assessment for American Lithium's proposed Plan of Operations for its Tonopah Lithium Claims Project . This PO was filed in January 2021 and accepted as complete by the BLM in June 2021 . The PO has been updated as part of the EA process to reflect latest changes introduced through [...]
American Lithium Corp. is pleased to announce additional promising results on process development at its Tonopah Lithium Claims Project located close to Tonopah, Nevada. Highlights: New leaching test work run by TECMMINE in Lima, Peru demonstrates an initial 95.1% lithium extraction using hydrochloric acid leach processing . This HCI option also allows a large amount of the hydrochloric acid to be regenerated through [...]
American Lithium Corp. announces a live upcoming summit where its Management Team will be discussing the Company's recent merger with Plateau Energy Metals, as well as near-term exploration and development plans, particularly at the TLC Project in Nevada. This inaugural Webinar event will take place on Tuesday, July 06, at 11.00 am PDT / 2.00 pm EDT. Management will be available to answer questions following the [...]