American Lithium said it has commenced a major technical/social initiative on the Macusani Plateau with the Peruvian Armed Forces. The solar electrification program involves the installation of solar panels at remote homes that lack electricity. To date, the miner has installed over 240 of the planned 1,000 installations for this year in the five Andean communities surrounding its Falchani lithium…
Read More
American Lithium has received the first of three permits from Peruvian authorities for discovery and exploration drilling near Quelcaya, a few kilometers west of the miner’s Falchani hard rock lithium deposit. The company said drilling would commence immediately on priority targets. “This is a very significant development for the company which validates recent supportive comments from the new government in…
Read More
American Lithium has entered into an agreement with Nevada Alaska Mining Co., an arms-length party, to buy back the remaining 1% gross overriding royalty on the miner’s TLC Lithium project, located northwest of Tonopah, Nev. Full story.
Read More
American Lithium said it has made the decision to pursue a “spin-out” of its Macusani uranium project in Peru into an independent public company. The company views a spin-out of the project into a stand-alone vehicle as the preferred route to generate value for American Lithium and its shareholders from the continued development of the large-scale uranium project. Additionally, the…
Read More