American Lithium Corp V.LI

Alternate Symbol(s): AMLI

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 > Updated PEA V.LI

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Comment by rockmoneyon Jan 10, 2024 12:04pm

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Post# 35819518

RE:Updated PEA V.LI

I think this project will be extremely difficult to finance or even build. Crashing Li prices for carbonates combined with the location in the Macusani area of Peru. Macusani has always been a Qechua region that is hostile to mining development. Many riots in the past saw companies attacked and people killed. That sentiment has not gone away. I personally no longer believe anything the company tells us about Peru. Best outcome would be for a Chinese company to come in and buy the company for cash and inherit the future problems.

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