American Lithium appoints DRA Global as Project Lead VANCOUVER, British Columbia., March 01, 2022 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to announce it is launching the final phase towards completion of its maiden preliminary economic assessment (“PEA”) on the Company’s TLC Lithium project (“TLC”) with the appointment of DRA Global as lead engineer (“DRA”). Stantec Consulting Ltd. will act as contributing consultants, in particular in relation to mineral resources and mine design, and as reported previously, acid leach and roast water leach studies and precipitation test work is on-going at ANSTO Minerals in Australia. These results will be incorporated into the PEA with all previous TLC process studies completed at laboratories in the US, Canada and Peru. The first draft of the maiden TLC PEA as well as preliminary economic modeling is anticipated to be completed by end of Q2, 2022.
Simon Clarke, CEO of American Lithium states, “TLC is a significant, near surface lithium project with a large resource base and multiple tried and tested processing options. DRA Global, in concert with Stantec and ANSTO have deep collective expertise in lithium processing, lithium resource calculation and mine / project design and construction experience critical to finalizing a robust maiden PEA for TLC, which will establish economic lithium production potential at TLC.”
American Lithium appoints DRA Global as Project Lead to finalize TLC PEA