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American Lithium Expands TLC Project in Ten Minutes

Mining News - Published on Tue, 16 Jul 2019

Image Source: The Trading Letter
American Lithium Corp, a leading acquisition, exploration and development operator, announced an update on its promising TLC sedimentary lithium project located just 12 kilometers from the regional mining centre of Tonopah, Nevada.

Drilling - Core samples from 5 drill holes confirm stratigraphic and extension of mineralized lithium horizon over 6 square kilometers. An additional 5 reverse circulation drill holes have been permitted and the Company is waiting for drill rig availability to drill these holes. Assay results for the core holes are pending.
Processing. 2nd phase leach testing returned exceptional results indicating a 90% Lithium extraction in 10 minutes with a fifty percent (50%) reduction in reagent consumption. The results confirmed continuous process capability for lithium recovery at scale. The Company therefore believes processing scalability will not limit the scope or size of a proposed mining operation.

Permitting - The Company has strategically expanded its acreage position to 1650 ha or 4,000 acres in 200 lode claims.

Resource Study - Company has engaged renowned sediment hosted lithium expert, Jerry Aiken, to produce a maiden lithium resource estimate.

Preliminary mineralogy indicates dominance of lepidolite. Mass balance suggests significant free lithium in addition to the lithium present in the lepidolite.

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Posted By : Sanju Moirangthem on Tue, 16 Jul 2019
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