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American Lithium Verifies Lithium Potential with Assays up to 1380 ppm on New Tonopah Claystone Claims (TLC), Plans Drilling and Leachability Tests

Vancouver, British Columbia--(Newsfile Corp. - October 23, 2018) - American Lithium Corp. (TS...

articleAmerican Lithium Corp.October 23, 20183/company/american-lithium/news/american-lithium-verifies-lithium-potential-with-assays-up-to-1380-ppm-on-new-tonopah-claystone-claims-tlcandxa0plans-drilling-and-leachability-tests
American Lithium Verifies Lithium Potential with Assays up to 1380 ppm on New Tonopah Claystone Claims (TLC), Plans Drilling and Leachability Tests

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[{"type":"text","content":"American Lithium Verifies Lithium Potential with Assays up to 1380 ppm on New Tonopah Claystone Claims (TLC), Plans Drilling and Leachability TestsVancouver, British Columbia--(Newsfile Corp. - October 23, 2018) - American Lithium Corp. (TSXV: LI) (OTCQB: LIACF) (FSE: 5LA1) (\"American Lithium\" or the \"Company\") is pleased to announce the results of its first sampling program on the Tonopah Lithium Claims, (TLC Project). The TLC Project is an early stage 1,550 acre lithium claystone project located minutes from the mining centre of Tonopah, Nevada, and required infrastructure.22 grab samples were analysed returning grades ranging from 129.5 to 1380 parts per million (ppm) Lithium with an average grade of 656.5 ppm Li.Sampling was conducted from 12 locations across the TLC claims at a depth of 15 centimetres (cm) and again from 15 to 45cm depth to check stratigraphic continuity. Average grades between the two sets were not statistically different.Lithium claystone mineralization is found consistently across the 6.3 square kilometres and appears to be open in all directions.Work by Alaska Nevada Mining Co., the original vendors, suggests the claystone may be amenable to a weak acid leach and the Company is currently verifying these results. American Lithium has conducted an initial sampling program to confirm and demonstrate the potential of the TLC project. 22 samples were taken at 11 sample site that confirmed as well as expanded on the sample assays presented by the vendors Alaska Nevada. Grab samples were taken at 11 sample sites at depth of 15 cm to ensure the claystone was not leached. Grab samples graded ranging from 129.5 to 1380 ppm Li with a mean grade of 608.5 ppm Li. A second set of chip samples were taken over a depth of 15 to 45 cm to give an understanding on consistency of the grade over a short stratigraphic interval. Chip samples graded ranging from 131.0 to 1340 ppm Li with a mean grade of 704.5 ppm Li.Alaska Nevada Mining Co., the project vendors, conducted a comparison test by assaying sample TLC-122 by Aqua Regia (ME-MS41), a strong nitric and hydrochloric acid leach, against a weak acid leach (ME-MS41W). The lithium values are almost identical; 1360 ppm Li for ME-MS41 and 1340 ppm Li for ME-MS41W. This preliminary testing supports the conclusion that the claystone may be amenable to weak acid leach fo...

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