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 over 1,500 acres at our TLC project near Tonopah, NV, one of the most promising and underdeveloped lithium claystone basins in North America today. Our Fish Lake Valley Project consists of over 25,000 acres within the highly prospective Esmeralda Lithium District located approximately 3.5 hours south of the Tesla Gigafactory in the same basinal environment as Ablemarle’s Silver Peak Lithium operation and Global Geoscience, Cyprus Minerals, and Noram Ventures lithium clay deposits.
The evolution of battery chemistry means minerals that were once predictable sources of marginal revenue have almost overnight become some of the most sought-after commodities on the planet.
The explosive and exciting transformation of industrialized western nations from massive carbon abusers to environmental champions is driving extraordinary new avenues of growth in the resource sector.
Lithium has been leading the way and lithium demand is expected to double in the next five years (20% year on year) and continue on the same growth trajectory for many years to come. Now is the time that junior mining operators with foresight and vision can begin to see their early-stage efforts pay off.
Here at American Lithium Corp. we aim to reward investors with the imagination and capital to understands that not all battery mineral projects are the same, and that fundamentals matter.
We started with the basics:
…and have already achieved significant milestones:
– Claystone identified in significant potential quantity and grade.
– Sampled claystone grades of over 1,690 ppm lithium at TLC project
– Improved our understanding of the regional claystone potential through historic assessment and ongoing studies.
We have the advantage of years of watching, learning and adapting our plans based on the advancement of a number of exciting new and future production techniques deployed or under development at other productive operations regionally and around the world.
Moving ahead, we will continue to prove our resource, but perhaps most importantly, we aren’t locked into pre-existing technologies or long term facility investments predicated on outdated extraction and production technologies and methods.
We have an opportunity and an obligation to develop the basis for the most efficient, ecologically sound, and economically productive lithium extraction environment right here in Nevada, and to make our Company a leader in the 21st century renaissance of American resource innovation and industrial transformation which is clearly poised to impact generations to come.
Excerpted from: Presidential Executive Order on a Federal Strategy to Ensure Secure and Reliable Supplies of Critical Minerals
The United States is heavily reliant on imports of certain mineral commodities that are vital to the Nation’s security and economic prosperity. This dependency of the United States on foreign sources creates a strategic vulnerability for both its economy and military to adverse foreign government action, natural disaster, and other events that can disrupt supply of these key minerals. Despite the presence of significant deposits of some of these minerals across the United States, our miners and producers are currently limited by a lack of comprehensive, machine-readable data concerning topographical, geological, and geophysical surveys; permitting delays; and the potential for protracted litigation regarding permits that are issued. An increase in private‑sector domestic exploration, production, recycling, and reprocessing of critical minerals, and support for efforts to identify more commonly available technological alternatives to these minerals, will reduce our dependence on imports, preserve our leadership in technological innovation, support job creation, improve our national security and balance of trade, and enhance the technological superiority and readiness of our Armed Forces, which are among the Nation’s most significant consumers of critical minerals.
We are ideally situated to leverage the convergence of supply & demand in the historically oldest and largest lithium prospective region in North America.
As the demand for lithium batteries grows, driven by the demand for electric vehicles and ever-larger power storage capacity, we aim to be the answer to growing lithium demand by presenting an effective lithium extraction-to-market project scenario with attractive economics and production upside.