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American Lithium Corp. Executing Large-Scale Strategy with Goal of Becoming Largest Resource Holder in Nevada

NEW YORK, NY / ACCESSWIRE / May 11, 2016 / American Lithium Corp. (TSX VENTURE: LI) is devel...

articleAmerican Lithium Corp.May 11, 20163/company/american-lithium/news/american-lithium-corp-executing-large-scale-strategy-with-goal-of-becoming-largest-resource-holder-in-nevada
American Lithium Corp. Executing Large-Scale Strategy with Goal of Becoming Largest Resource Holder in Nevada

About this update from American Lithium Corp.

[{"type":"text","content":"American Lithium Corp. Executing Large-Scale Strategy with Goal of Becoming Largest Resource Holder in NevadaNEW YORK, NY / ACCESSWIRE / May 11, 2016 / American Lithium Corp. (TSX VENTURE: LI) is developing a lithium brine project in Nevada with world-class potential, approximately 25 km from Albemarle's Silver Peak (the only commercially producing lithium project in North America). American Lithium Corp. is the subject of a Mining MarketWatch Journal Review. The Company is executing on a large-scale strategy having assembled 100% of the entire heart of Fish Lake Valley structure (over 10,000 acres) that is believed analogous to the neighboring Clayton Valley structure (home to Albemarle, Pure Energy Minerals, and Lithium X), both valleys have similar hydrothermal enrichment models. American Lithium's Fish Lake Valley Project is advanced-stage and lithium values are encouraging enough for the Company to start to delineate the resource in the sediments of the brines, how big this gets is where things get interesting; the project exhibits hallmarks of major lithium resource presence with the footprint, scope, and scalability that will allow the Company to create a large critical mass presence -- something the market is thirsting for as global industrial manufactures look to ensure they have adequate domestic supplies of lithium to satisfy growing demands.\n\nThe full Mining Journal review may be viewed at\n\nhttp://miningmarketwatch.net/li.htm online.\n\nThe Company is spearheaded by an experienced management team that is no\nstranger to major success, having individually employed well-timed visionary big-picture strategies at other companies. The team behind LI.V now was part of the same group that that were involved, long before the current lithium rush ever happened, with Pure Energy Minerals in its early-days; Pure Energy was recapitalized and advanced its flagship to resource (PE now hosts an inferred lithium resource of 816,000 LCE). Other past successes include major oil sand projects (e.g. Osum Oil Sands Corp. which attained a multi-billion dollar market cap) -- In short, American Lithium shareholders are in solid hands of people that are proven, technically savvy, responsible, prudent and plan with large-scale in mind.\n\nAmerican Lithium Corp. has ~28.43 million shares outstanding (post recent C$2 million financing), ~35...

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