Macusani

American Lithium Files Robust PEA for Falchani Hard Rock Lithium Project with Highlights Including a Tripling of After-tax NPV8 to US$5.11 Billion

Retrieved on: 
Monday, February 26, 2024

“This is a major milestone in the process to complete pre-feasibility and move the Project into mine permitting.

Key Points: 
  • “This is a major milestone in the process to complete pre-feasibility and move the Project into mine permitting.
  • The filing of the Semi-Detailed Environmental Impact Assessment late last year also positions the Project to be fast-tracked.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • American Lithium was subsequently notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings.

American Lithium Announces Financial and Operating Highlights for Third Quarter Ended November 30, 2023

Retrieved on: 
Tuesday, January 16, 2024

American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.

Key Points: 
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • On behalf of the Board of Directors of American Lithium Corp.
  • Forward-looking statements in this news release include, but are not limited to, statements regarding the business plans, expectations and objectives of American Lithium.
  • American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws.

American Lithium Files Updated Mineral Resource Technical Report on Falchani Supporting 476% Increase in Measured & Indicated Lithium Resource

Retrieved on: 
Friday, December 15, 2023

(“American Lithium” or the “Company”) (TSX-V: LI | Nasdaq: AMLI | Frankfurt: 5LA1 ) is pleased to announce it has filed the independent National Instrument 43-101 Technical Report on the updated Mineral Resource Estimate (“MRE”) for the Falchani Lithium Project (“Falchani”) located in Southwestern Peru and as announced on October 31, 2023.

Key Points: 
  • (“American Lithium” or the “Company”) (TSX-V: LI | Nasdaq: AMLI | Frankfurt: 5LA1 ) is pleased to announce it has filed the independent National Instrument 43-101 Technical Report on the updated Mineral Resource Estimate (“MRE”) for the Falchani Lithium Project (“Falchani”) located in Southwestern Peru and as announced on October 31, 2023.
  • the updated M&I Resource is 5.32 Mt LCE versus 0.96 Mt LCE from previous March 2019 MRE – an increase of 455%; and
    Increased size and grade of resource supports long production potential at Falchani.
  • Simon Clarke, CEO of American Lithium, states, “We continue to make excellent progress at Falchani and this very large increase and reclassification of the Falchani Resource follows a very successful drill program completed Q3, 2023.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.

Recent Drilling at TLC Significantly Expands Higher Grade, Near Surface Lithium Mineralization

Retrieved on: 
Friday, December 8, 2023

2022 Diamond drilling was conducted by First Drilling of Montrose, Colorado, and 2023 diamond drilling was completed by IG Drilling of Spanish Fork, Utah using large diameter, PQ-size and HQ-size drilling entirely vertical holes.

Key Points: 
  • 2022 Diamond drilling was conducted by First Drilling of Montrose, Colorado, and 2023 diamond drilling was completed by IG Drilling of Spanish Fork, Utah using large diameter, PQ-size and HQ-size drilling entirely vertical holes.
  • Reverse Circulation (RC) drilling is being conducted by Harris Exploration Drilling and Associates Inc., of Fallon, Nevada with 5.5-inch diameter face centred bit on vertical drill holes.
  • Sampling was conducted using a riffle splitter or a cyclone splitter depending on the moisture content of the sampled material.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.

American Lithium Announces Appointment of New Auditor

Retrieved on: 
Friday, December 8, 2023

(“American Lithium” or the “Company”) (TSX-V: LI | Nasdaq: AMLI | Frankfurt: 5LA1 ) is pleased to announce the engagement of Davidson & Company LLP, Chartered Professional Accountants (“Davidson”), as auditor of the Company for the 2024 fiscal year.

Key Points: 
  • (“American Lithium” or the “Company”) (TSX-V: LI | Nasdaq: AMLI | Frankfurt: 5LA1 ) is pleased to announce the engagement of Davidson & Company LLP, Chartered Professional Accountants (“Davidson”), as auditor of the Company for the 2024 fiscal year.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • Forward-looking statements in this news release include, but are not limited to, statements regarding the business plans, expectations and objectives of American Lithium.
  • American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws.

American Lithium Files Semi-Detailed Environmental Impact Assessment Study to Start Falchani Mine Permitting Process Ahead of Schedule

Retrieved on: 
Tuesday, November 28, 2023

(“American Lithium” or the “Company”) (TSX-V: LI | Nasdaq: AMLI | Frankfurt: 5LA1 ) is pleased to announce that it has now completed and submitted the Semi-Detailed Environmental Impact Assessment Study (“EIA-sd”) for the Falchani Lithium Project in Southern Peru (“Falchani”) to the Ministry of Energy and Mines (“MINEM”).

Key Points: 
  • (“American Lithium” or the “Company”) (TSX-V: LI | Nasdaq: AMLI | Frankfurt: 5LA1 ) is pleased to announce that it has now completed and submitted the Semi-Detailed Environmental Impact Assessment Study (“EIA-sd”) for the Falchani Lithium Project in Southern Peru (“Falchani”) to the Ministry of Energy and Mines (“MINEM”).
  • The EIA-sd commenced in July 2022 with SRK Peru leading the process and EDASI SAC providing environmental services including detailed hydrological / hydrogeological studies at Falchani.
  • Simon Clarke, CEO of American Lithium states, “This is another major milestone for American Lithium.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.

Peruvian Superior Court Unanimously Confirms Title of American Lithium’s 32 Disputed Mineral Concessions

Retrieved on: 
Wednesday, November 15, 2023

The Court ruling, consistent with prior legal proceedings, clearly establishes that Macusani is the rightful owner of these concessions.

Key Points: 
  • The Court ruling, consistent with prior legal proceedings, clearly establishes that Macusani is the rightful owner of these concessions.
  • Furthermore, it highlights that the action launched by INGEMMET and MINEM in October 2018 was baseless and unsubstantiated.
  • The Company has never lost title over the disputed concessions, which only represent a small fraction of our leases.
  • For this reason, we have continued to advance the Falchani project and look forward to the announcement of additional progress shortly.”

American Lithium Announces 476% Increase in Measured + Indicated Lithium Resources at Falchani – Adds K, Cs and Rb to Block Model

Retrieved on: 
Tuesday, October 31, 2023

The geologic model from which lithium resources are reported is a 3D block model developed using the World Geodetic System (WGS) 1984 UTM Zone 19S and is in metric units.

Key Points: 
  • The geologic model from which lithium resources are reported is a 3D block model developed using the World Geodetic System (WGS) 1984 UTM Zone 19S and is in metric units.
  • Modeling method and approach is development of a multiple ore percent standard block model with interpretation of geologic controls on mineralization based on exploration data.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • American Lithium has no assurance that the outcome of these appeals will be in the Company’s favour.

American Lithium Makes New Lithium Discovery 6 km West of Falchani, Assays up to 2,668 ppm Lithium and over 222 metres of Mineralization – Large Lithium District Emerging

Retrieved on: 
Tuesday, September 26, 2023

This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation.

Key Points: 
  • This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation.
  • All statements, other than statements of historical fact, are forward-looking statements.
  • American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws.
  • American Lithium has no assurance that the outcome of these appeals will be in the Company’s favour.

American Lithium Publishes Maiden ESG Report

Retrieved on: 
Thursday, August 31, 2023

Although American Lithium believes that the current opinions and expectations reflected in such forward-looking statements are reasonable based on information available at the time, undue reliance should not be placed on forward-looking statements since American Lithium can provide no assurance that such opinions and expectations will prove to be correct.

Key Points: 
  • Although American Lithium believes that the current opinions and expectations reflected in such forward-looking statements are reasonable based on information available at the time, undue reliance should not be placed on forward-looking statements since American Lithium can provide no assurance that such opinions and expectations will prove to be correct.
  • Other risks and uncertainties related to prospects, properties and business strategy of American Lithium are identified in the “Risk Factors” section of American Lithium’s Management’s Discussion and Analysis filed on May 29, 2023, and in recent securities filings available at www.sedar.com.
  • American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws.
  • American Lithium has no assurance that the outcome of these appeals will be in the Company’s favour.