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American Lithium Corp AMLI


Primary Symbol: V.LI

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.


TSXV:LI - Post by User

Comment by cyber37on Oct 17, 2024 1:19pm
109 Views
Post# 36270236

RE:RE:RE:RE:Crazy

RE:RE:RE:RE:Crazy

Not sure if the link below works but courts ruled for LI....still it is being apeal (?).

According to an official statement from the parent company, the court ruling, consistent with previous legal proceedings, 
establishes that Macusani is the legitimate owner of these concessions. It also highlights that the action initiated by the  and the  in October 2018 was unfounded.

Simon Clarke, CEO of American Lithium, said he was pleased with the ruling, as it validates the company's argument that the actions of Ingemmet and Minem were inappropriate from the start of the process.

https://gestion.pe/economia/empresas/confirman-titularidad-de-las-32-concesiones-mineras-en-disputa-de-macusani-yellowcake-mineria-noticia/?outputType=amp#:~:text=as%20in%20Chile%3F-,Ownership%20of%20the%2032%20mining%20concessions%20in%20dispute%20by%20Macusani%20Yellowcake,Macusani%20uranium%20project%20and%20the%20remaining%2025%20concessions%20cover%20exploratory%20lands.,-Follow%20Management%20on
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