Ameriwest Lithium Inc C.AWLI

Alternate Symbol(s): AWLIF

Metals & Mining Industrial Metals & Minerals

Ameriwest Lithium Inc. is a Canada-based exploration company. The Company is in the business of the exploration and development of natural resource properties in Canada and the United States of America. Its projects include The Thompson Valley Property, Railroad Valley Property, Edwards Creek Valley, The Deer Musk East Property, and The Little Smoky Valley Property. The Thompson Valley property totaled approximately 2,900 acres (1,170 ha) and is located in Yavapai County. The Deer Musk East Property consisted of 283 placer claims spanning a total of approximately 5,600 acres and is located approximately five miles from Albemarle's Silver Peak lithium project. The Railroad Valley Property is located 48 miles southwest of Ely Nevada and 125 miles south of Elko Nevada. It encompasses 780 contiguous placer claims for a total of about 15,300 acres. The Little Smoky Valley Property is located 30 miles south of Eureka, Nevada.

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Ameriwest Lithium Inc

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Post by Betteryear2on May 19, 2023 7:07pm

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Post# 35457310

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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