American Lithium Corp AMLI

Primary Symbol: V.LI

Metals & Mining Industrial Metals & Minerals

American Lithium Corp. is a Canada-based company, which is engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas. The Company is focused on development of its strategically located TLC lithium project (TLC) in the richly mineralized Esmeralda lithium district in Nevada, as well as continuing to advance its Falchani lithium (Falchani) and Macusani uranium (Macusani) development-stage projects in southeastern Peru. Its TLC Lithium Project is located near the regional hub and county seat in the town of Tonopah, Nevada. The Falchani Lithium Project consists of 1,090 square kilometers (km2) of mineral concessions in the Province of Carabaya, Department of Puno, in southeastern Peru. The Macusani Uranium Project is an undeveloped uranium projects in the world containing significant measured, indicated, and inferred uranium resources. Located approximately 25 kilometers away from the Company’s Falchani Lithium Project.

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American Lithium Corp

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Post by jthottamon Dec 21, 2021 2:09am

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Post# 34249302

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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