American Lithium Corp.

📢 American Lithium Provides Operations Update: “We are making steady progress across all our projects,” said American Lithium Interim CEO, Alex Tsakumis. “Our focus remains on diligently advancing each initiative as we are preparing for the anticipated recovery in the battery metals market. Recent market activity is reigniting optimism as our projects remain robust and are supported by strong fundamentals and sound economics.” Highlights: 🔹 TLC Lithium Project: Finalizing an updated Mineral Resource Estimate with 42 new drill holes included, along with pre-feasibility and environmental work. 🔹 Falchani Lithium Project (Peru): Approvals for our Environmental Impact Assessment are nearing, positioning us to advance through feasibility stages and pilot plant testing. 🔹 Macusani Uranium: Working on exploration permits and continuing to explore value opportunities with a potential spin-out into a dedicated uranium-focused company. With key milestones ahead, we’re focused on steady progress across all our projects. Read more here: https://lnkd.in/gr_N8kmj #Mining #Metals #Lithium #Uranium #CleanEnergy #BatteryMetals

NEWS RELEASE: American Lithium Announces Financial and Operating Highlights for Second Quarter Ended August 31, 2024; Appoints New Independent Director. Despite a challenging market, we continue to make strong progress on the ground in both Nevada and Peru. Recent events have sparked renewed optimism, positioning us to benefit as conditions improve. We are also pleased to welcome Rona sellers to our Board of Directors. With over 12 years of experience in corporate and securities law, Rona brings valuable legal and governance expertise to our team. Read more here: https://lnkd.in/gsGRbp22 #Lithium #Uranium #News #Nevada #Peru #BoardAppointment #Mining

NEWS RELEASE: American Lithium Issues Shareholder Letter "It has been a challenging period for the battery metals industry, with market conditions affecting all lithium developers worldwide. Despite this, we are committed and poised for what we are confident will be a robust recovery, especially with recent global developments creating renewed optimism." - Interim CEO, Alex Tsakumis Read the full news release here 🔗: https://lnkd.in/gs38Jthn #Lithium #Uranium #Nevada #Peru #Shareholders #AmericanLithium #Mining #News #MiningNews

American Lithium CEO, Simon Clarke was recently on the Price of Business Show with host Kevin Price, to talk about the growing appetite for domestic, secure supplies of critical energy minerals, like Lithium, and the efforts being made by the US government to secure them. Read & Listen🔗 https://buff.ly/4cwNIYV #AmericanLithium #Lithium #Domestic #Energy #BusinessNews

At 99.5% purity, the lithium carbonate end product expected to come from the Falchani Lithium Project exceeds the threshold for battery-grade lithium. This means that, unlike most hard-rock lithium projects, what is produced at Falchani should not need to be sent off-site for additional refining—a key driver of the robust economics highlighted in our updated Preliminary Economic Assessment. #AmericanLithium #Lithium #PilotPlant #Refining #MiningIndustry

We're pleased to provide an update on the optimization of the Falchani processing flow-sheet. The unique volcanic style of lithium mineralization at Falchani, combined with low impurity content allows its flow-sheet to resemble more conventional mining/processing flow-sheets versus most hard-rock lithium projects where concentrates are produced and then shipped elsewhere for further refining into higher quality products. Falchani’s flow-sheet utilizes warm sulfuric acid leaching and impurity removal steps to produce a high-purity lithium carbonate end product on site with purity in excess of 99.5%, typically the threshold for battery-grade lithium carbonate. This helps drive the robust economics, particularly the low operating costs, highlighted in the Company’s original and recently updated Preliminary Economic Assessments. There is no need for additional refining steps offshore. Simon Clarke, CEO of American Lithium— “We are very excited about recent flow-sheet work in which we continue to produce high purity LC exceeding battery grade thresholds in repeated full-cycle tests giving us confidence to start piloting later this year. Recent work focusing on counter-current leaching and SX has been extremely positive not only for producing high-quality by-products with strong strategic and economic value but also for optimization and material cost reduction. We will continue to refine these additions to the flow-sheet with ANSTO and TECMMINE with the goal of also introducing them into our pilot work at the appropriate time.” Press Release🔗 https://buff.ly/3VXyhDo #AmericanLithium #Lithium #BatteryMetals #Peru #MiningNews

American Lithium CEO, Simon Clarke, sat down with VSA Capital's Head of Research, Ollie O'Donnell, to discuss the latest from us following our most recent annual results. #AmericanLithium #Nevada #Peru #Falchani #Lithium #Macusani #Uranium

The Falchani Lithium Project in Peru: ➡️ One of the World's largest hard-rock lithium deposits ➡️ 5.53 million tonnes measured & indicated Li₂CO₃ ➡️ Low capital requirements ➡️ Nearby mining & transportation infrastructure ➡️ Resource is above the water table #AmericanLithium #Mining #Lithium #Falchani #TSXV

Check out some of our operational highlights from Nevada and Peru, provided in our May 30th press release. Simon Clarke, CEO of American Lithium— “This was an extremely successful year operationally for both Falchani and TLC, our advanced lithium projects in Peru and Nevada, respectively. We also made strong progress in positioning our large-scale uranium project, Macusani (in Peru), to unlock value for the Company and its shareholders. The filing of the maiden PEA for TLC and an updated PEA on Falchani demonstrated robust economics for both projects and led to a combined after-tax net present value of approximately US$8.37 billion. However, the overall market conditions for lithium developers have been very challenging throughout the financial year, with a major correction in the commodity price driving equity prices to very low valuations. Going forward, with lithium prices appearing to have bottomed and uranium prices having strengthened further, we feel we are uniquely placed to benefit from any sustained recovery and in the interim, we continue to prudently manage our working capital." #AmericanLithium #Lithium #Uranium #Update #BusinessNews

We're pleased to share the highlights for our fiscal year and quarter ended February 29, 2024. See how we progressed: ✅ At the TLC Lithium Project in Nevada; ✅ At the Falchani Project in Peru; ✅ Corporate milestones achieved. Press Release🔗 https://buff.ly/4bLWwtQ #AmericanLithium #YearEnd #BusinessNews #Invest #Progress