In the US, the company wholly owns the TLC claystones lithium deposit, which is in close proximity to the Tesla giga-factory in Nevada.
Subsequent to the acquisition of Plateau Energy Metals, American Lithium is advancing the large-scale Falchani hard rock lithium deposit, as well as one of Latin America’s most prolific uranium deposits, known as Macusani – both of which are located in southeastern Peru.
With a near-term focus on these mining-friendly jurisdictions, the company has the advantage of both geographic and geological diversity for developing these world-class, scalable projects.
Of particular significance, these strategic metals have been designated as “critical minerals” by the US government and by other “friendly” Latin American nations, such as Peru.
The strategically-located TLC claystones project is located in one of the world’s most under developed lithium sedimentary basins, near the town of Tonopah in Nevada. Notably, it is in the same geological environment as Albemarle’s world-class Silver Peak lithium mine and several advanced-stage lithium projects.
Project Highlights
Expansive, near-surface deposit (3,343 ha)
Existing resource:
Measured & Indicated: 5.37 million tonnes LCE
Inferred: 1.76 million tonnes LCE
Near surface resource amenable to low-cost, sustainable mining methods
Targeting production of battery-grade lithium
Supportive government and local communities
3.5 hours drive to Tesla’s giga-factory
Co-recipient of US DoE $2.54 M government grant
Advancing towards a PEA and pilot production
World’s 6th largest hard rock lithium deposit
Existing resource:
Indicated: 0.96 million tonnes LCE
Inferred: 3.74 million tonnes LCE
Project has shown ability to produce battery-grade lithium
Robust Project economics: PEA attests to a large, low-cost deposit
Strong exploration upside
Ability to significantly expand resource further
Added valuable from “critical metals” by-products cesium and rubidium
Strong community support
Embracing green, sustainable mining
Advancing towards a feasibility study (mine blueprint)
Macusani Uranium Deposit Highlights
World’s 5th largest undeveloped uranium deposit
Existing resource:
Indicated: 52.9 million lbs U3O8
Inferred: 72.1 million lbs U3O8
Project has shown ability to produce battery-grade lithium
Robust Project economics: PEA attests to a large, low-cost and low capex deposit
Strong exploration potential with 47+ proximal targets
Ability to significantly expand resource base
Excellent regional mining infrastructure
Embracing green, sustainable mining initiatives
Advancing towards a feasibility study (mine blueprint)
Drag & Scroll
1507-1030 West Georgia St.
Vancouver, British Columbia,
Canada V6E 2Y3
