American Lithium Process Testing Produces Lithium Carbonate From Claystone At TLC
September 10 2020 - 9:00AM
American Lithium Corp. (TSXV: LI) (OTCQB: LIACF)
(Frankfurt: 5LA1) (“American Lithium” or the “Company”) a
leading lithium exploration and development operator is pleased to
report it has produced lithium carbonate from its flagship Tonopah
Lithium Claims (TLC) claystone deposit.
Leachate produced by McClelland Laboratories in
Reno, Nevada from TLC was systematically put through a base-case
process to remove impurities before precipitating lithium carbonate
successfully. This milestone prompted the beginning of a testing
program to optimize each step of the process to improve economics
and reduce waste. To facilitate this program, Dr. Jarrett Quinn,
lithium mining veteran, was retained as a metallurgical
consultant.
Dr. Quinn has worked as an independent
consultant in the lithium mining industry, and has worked on plant
design, start-up and in operations for the mining and metallurgical
industry. His academic and research background includes a Ph.D. in
Mining and Materials Engineering from McGill University.
Dr. Quinn states, “The process we have currently
developed, works, but continued process testing will explore each
stage in detail to maximize the economics of the overall process.
Simultaneously, we will be investigating potentially game-changing
and alternative technologies to evolve the process further.”
Michael Kobler, CEO of American Lithium, states,
“We are proud of the team having accomplished the milestone of
producing lithium carbonate from our TLC ore leachate. Although at
bench scale, this is confirmation that we are on the right path. We
are pleased to work through this process engineering under the
direction of Dr. Jarrett Quinn. His extensive experience in lithium
production and nickel laterite clay minerology is directly
relatable to our project. Further, his education, experience, and
track record of success is a perfect fit with this project, and we
are delighted to work with and learn from him.”
The current testing program is intended to
produce design information required for the construction of a
continuously operating pilot plant planned for 2021/22. The pilot
plant will showcase the operations of the eventual full-scale
plant. Lithium is a critical mineral that needs to be produced
domestically, and the TLC project has the potential to be a
low-cost, sustainable, and domestic source of this mineral.
About the TLC Property
The TLC sedimentary lithium discovery is an
exploration and development project located 12 kilometres northwest
of Tonopah, Nev., and easily accessible by paved highway. Work to
date has identified a 5.3-million-tonne measured and indicated
lithium carbonate equivalent resource, with an additional 1.7
million tonnes inferred, placing the Company's resource amongst a
handful of potential lithium deposits in Western North America
capable of development. TLC is near surface, relatively flat-lying
and a free-digging lithium sedimentary deposit that the company
expects to advance through an early-stage economic study in 2020.
Just south of the Crescent Dunes solar energy plant, the project is
favourably located for future production given the immediate access
to some of the cheapest electricity in Nevada.
About American Lithium
Corp.American Lithium is actively engaged in the
acquisition, exploration and development of lithium deposits within
mining-friendly jurisdictions throughout the Americas. The Company
is currently exploring and developing the TLC project located in
the highly prospective Esmeralda lithium district in Nevada. TLC is
close to infrastructure, 3.5 hours south of the Tesla Gigafactory,
and in the same basinal environment as Albemarle's Silver Peak
lithium mine, and several advancing deposits and resources,
including Ioneer Ltd.'s (formerly Global Geoscience) Rhyolite Ridge
and Cypress Development Corp.'s Clayton Valley project.
The metallurgical testing information reported
herein was reviewed by Jared Olson, Metallurgist and VP Operations
McClelland Labs, a qualified person under National Instrument
43-101.
Please watch our corporate video at
https://www.americanlithiumcorp.com/our-company/ and review our
informative short project update videos and related background
information at
https://www.americanlithiumcorp.com/projects/tlc-nevada/.
For more information, please contact the Company
at info@americanlithiumcorp.com or visit our website at
www.americanlithiumcorp.com. Follow us
on Facebook, Twitter and LinkedIn.
On behalf of the Board,
American Lithium Corp.Michael Kobler, Chief
Executive Officer
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward-looking
statementsStatements in this release that are
forward-looking information are subject to various risks and
uncertainties concerning the specific factors disclosed here.
Information provided in this release is necessarily summarized and
may not contain all available material information. All such
forward-looking information and statements are based on certain
assumptions and analyses made by American Lithium management in
light of their experience and perception of historical trends,
current conditions and expected future developments, as well as
other factors management believes are appropriate in the
circumstances. These statements, however, are subject to a
variety of risks and uncertainties and other factors that could
cause actual events or results to differ materially from those
projected in the forward-looking information or statements.
Important factors that could cause actual results to differ from
these forward-looking statements include those described under the
heading “Risks Factors” in American Lithium's most recently filed
MD&A. The Company does not intend, and expressly
disclaims any obligation to, update or revise the forward-looking
information contained in this news release, except as required by
law. Readers are cautioned not to place undue reliance on
forward-looking information or statements.
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