American Lithium Corp. is pleased to announce that initial exploration drilling has been launched at TLC North near Tonopah Nevada. Initial drilling has successfully drilled thick intersections of lithium-bearing claystone. A drone magnetic geophysical survey is also being flown across a large portion of the TLC project area to provide detailed [...]
American Lithium Corp. reports that on November 25, 2021, the Peruvian judiciary has released information confirming appeals of the judicial ruling issued in favour of Macusani Yellowcake S.A.C., the Company's Peruvian subsidiary, in relation to title to 32 disputed concessions out of its 151 concessions in Peru. The Company confirms that, as [...]
American Lithium Corp. was officially notified, early evening on November 15, 2021, of the judicial ruling issued in favour of Macusani Yellowcake S.A.C., the Company's Peruvian subsidiary, in relation to title over 32 disputed concessions out of its 151 concessions in Peru. The Company notes that this notification confirms the judgement previously [...]
American Lithium Corp. is pleased to announce that further to its news releases dated October 13, 2021 and October 14, 2021, the Company has completed its private placement of 13,208,000 units at an offering price of $2.65 per Unit for aggregate gross proceeds of $35,001,200 . Each Unit consists of one common share in the capital of the Company and [...]
American Lithium Corp. has been made aware that the judicial ruling in relation to title to the 32 disputed concessions on the Falchani and Macusani projects in Peru has been issued in favour of Macusani Yellowcake S.A.C., the Company's Peruvian subsidiary. The ruling restores full title to these concessions. The presiding judge's decision was [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]