American Critical Minerals Corp APCOF

Primary Symbol: C.KCL

Metals & Mining Industrial Metals & Minerals

American Potash Corp. is engaged in the acquisition and exploration of potash and lithium/brine properties in Utah. Its project is The Green River Potash and Lithium Project. It holds a 100% interest in 11 State of Utah Potash and Lithium leases,128 Federal placer claims and 11 Federal Potash Exploration Permit applications, which combined total an area of approximately 35,000 acres. The Green River Potash and Lithium Project is located in Grand County, Utah, 20-30 kilometers (km) west of Moab and 10-20 km northwest of Intrepid Potash’s evaporation pond solution mining operation. The Green River Potash and Lithium Project is made up of the Company’s Paradox Basin Potash Permit Project and Paradox Basin Brine and Potash Project. The Project is located within a geologic province known as the Paradox Salt Basin that extends approximately 160 km (100 miles) in width and 320 km (200 miles) in length in a northwest-southeast direction spanning southeastern Utah and southwestern Colorado.

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American Critical Minerals Corp

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Post by TSXPLAYER1on Aug 02, 2017 10:25am

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Post# 26537801

American Potash, MGX sign partnership agreement

News just out:
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2017-08-02 10:20 ET - News Release

Also News Release (C-XMG) MGX Minerals Inc

Mr. Rudy de Jonge of American Potash reports

AMERICAN POTASH ENTERS INTO STRATEGIC PARTNERSHIP WITH MGX MINERALS INC. FOR LITHIUM PORTFOLIO

American Potash Corp. has entered into a strategic partnership agreement with MGX Minerals Inc., whereby MGX may acquire certain interests held by the company via an agreement to acquire Power Metals Corp.'s Paradox basin joint venture (JV) rights with American Potash.

"We are extremely excited to now be working with MGX to move the company's petrolithium project forward. We believe that MGX is not only a well-capitalized company but also the unquestionable leader in the petrolithium space. This partnership will allow us to maximize shareholder value by partnering with a company like MGX that possesses a talent pool with deep experience in successful oil and gas drilling, discoveries and extraction," stated Rudy de Jonge, chief executive officer of American Potash.

The partnership will be using the latest in drilling and extraction technologies to explore and develop the company's lithium brines totalling 13,520 acres of prime ground in the Paradox basin, Utah.

We seek Safe Harbor.
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