In short

Net Present Value:

N/A

No data released

Resource Estimate:

5.37 Mt

LCE, Measured & Indicated

Stage:

RE

Resource Estimate, Completed

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Lithium project:

TLC

Nevada, USA

Project Summary

Net Present Value

N/A

No figures released

Resource Estimate

5.37 Mt

LCE, Measured & Indicated

Completed Stage:

RE

Resource Estimate, Completed

Location: Nevada, USA
Completed Stage: RE
Next Stage: PEA
Deposit type: Sedimentary

Website: americanlithiumcorp.com

Company description

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 a significant land position within 3-4 hours drive of the Tesla Gigafactory consisting of over 4,000 acres at our TLC project near Tonopah, NV.. Our recently produced 43-101 compliant Technical Report shows a measured & indicated resource of 5.37 Mt lithium carbonate equivalent (LCE) and another 1.76 Mt LCE inferred. Initial production tests have shown the regional mineralization can result in  90% extraction in minutes instead of days or months as compared to traditional lithium extraction techniques.

Key takeaways:

1. High extraction in short amount of time

Metallurgical tests have shown that 90% of the lithium can be extracted in ambient temperatures within 10 minutes.

Resources & Reserves

Resources

Reserves



Want to know how American Lithium Corp's resource & reserve compare to other project in North America?

Project Economics

Initial capital costs

N/A

No data released

After-tax IRR

N/A

No data released

Operating Cost

N/A

No data released

Ownership

100%

Of the TLC project



Company financials

Debt

$0.63 M CAD

Aug 20, 2020

Cash & Cash eq

$6.8 M CAD

Aug 20, 2020
includes Assets up for sale

 

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