CSE:AWLI - Post Discussion
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Betteryear2 on May 19, 2023 7:07pm
Ameriwest Lithium Files Technical Report
VANCOUVER, British Columbia, May 19, 2023 (GLOBE NEWSWIRE) -- Ameriwest Lithium Inc. (“Ameriwest” or the “Company”) (CSE: AWLI) (OTC: AWLIF) (FSE: 5HV0), a North American lithium exploration and development company, is pleased to announce that it has filed a Technical Report (the “Report”) on its Thompson Valley Lithium Property (the “Property”) located in west-central Arizona. The report, prepared under the requirements of National Instrument 43-101 (“NI 43-101”) and standards of the Canadian Institute of Mining, Metallurgy, and Petroleum (“CIM”) summarizes geological test work completed by the Company in 2022 including geologic mapping, surface sampling, and geophysics. It identifies six lithium exploration targets with potential to host 200-400 million tonnes (220-440 million tons) of deposits, with expected average grade of these deposits ranging from 114 to 842 ppm Li. It recommends the Company proceed with two phases of exploration as the next steps for the Property. Phase 1 would consist of additional geophysics and permitting. Phase 2 would consist of drilling and sample analysis to begin the process of defining the deposit and its potential tonnage and grade. No mineral resources or reserves have yet been delineated on the Property. Ameriwest Lithium Files Technical Report on the Thompson (globenewswire.com)
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