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Bullboard - Stock Discussion Forum American Lithium Corp AMLI


Primary Symbol: V.LI

American Lithium Corp is a Canada-based company that is engaged in the development of large-scale lithium projects within mining- friendly jurisdictions throughout the Americas. The Company is focused on the development of its strategically located Tonopah Claystone Claims (TLC) Lithium Claystone Project in the mineralized Esmeralda lithium district in Nevada. It also focuses on advancing its... see more

TSXV:LI - Post Discussion

American Lithium Corp > Update on LIACF Environmental Assessment Status
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Post by jthottam on Dec 21, 2021 2:09am

Update on LIACF Environmental Assessment Status

UPDATE: American Lithium (Ticker: LIACF)
 
The Bureau of Land Management for Nevada Finalized their Environmental Assessment (on December 17th, 2021) post the Public Commentary period.
 
https://eplanning.blm.gov/public_projects/2016616/200501581/20051734/250057917/20211217_TLC_FinalEA_V1_508.pdf
 
On a cursory review of the overall document, the public commentary appears to be favorable and the EA does not appear to have any issues or requirements for an EIS.
 
I believe LIACF can now proceed, with it's further/expanded Mineral Exploration and bulk testing.
 
While, it is my understanding that Falchani (i.e., the Peruvian Lithium Deposit) will likely be the first project to be developed and go into production, this is a tremendous step in the right direction for progressing the Nevada assets developments in parallel to the Peruvian assets as the company continues to delineate, test, upgrade and potentially expand the overall resource with the Q1 goal of Nevada PEA.
 
As always, due your own due diligence, make your own decisions and invest at your own risk.

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Happy Holidays and Happy Investing!
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