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Preliminary Seismic Data for American Lithium's North Playa FLV Project Shows Thickening of Potential Lithium Clay Stone Unit to the South
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2018) - American Lithium Corp. (TS...
About this update from American Lithium Corp.
[{"type":"text","content":"Preliminary Seismic Data for American Lithium's North Playa FLV Project Shows Thickening of Potential Lithium Clay Stone Unit to the SouthVancouver, British Columbia--(Newsfile Corp. - October 31, 2018) - American Lithium Corp. (TSXV: LI) (OTCQB: LIACF) (FSE: 5LA1) (\"American Lithium\" or the \"Company\") reports is has received the initial data and interpretation from the Company's seismic survey conducted in August and September, 2018. Initial interpretation indicates a general shallowing upward of sediments and unroofing of prospective Lithium clay stone layers in the west side of the north end of the Fish Lake Valley (FLV). The target Sediment package that hosts the neighboring Rhyolite Ridge Lithium deposit is interpreted to thicken a shallow up on the South end of the Seismic line.Map 1To view an enhanced version of Map 1, please visit:https://orders.newsfilecorp.com/files/4734/40709_039b163de45dc8e9_001full.jpg 12 miles, (19km), of seismic line has been collected over two north-south lines with one east-west tie line. The survey was designed to integrate downhole data from two existing drill holes and integrate surface mapping to develop a regional picture of the lithium clay bearing sediment formation seen to the south in Global Geoscience's Rhyolite Ridge Lithium Borax Project.American Lithium consultant Dr. John Oldow comments on the preliminary analysis, \"The thickness of the FLV assemblage rocks increases significantly south of the northwest-trending faults that carry older units including the Rhyolite Ridge tuff to the surface. South of these faults the mudstone and sandstone thickens dramatically to over 700 feet. The thickness of the overlying sandstone-conglomerate unit does not appear to increase significantly from north to south. What we may be seeing is that the rock exposed along the eastern flank of the basin (western Silver Peak Range) where the thickness of the mudstone-sandstone greatly thickened to the south; the thickness increase corresponds to the area where US Borax had high B and Li concentrations.\"CEO, Mike Kobler states, \"The initial interpretation defines sufficient volume of the Rhyolite Ridge Tuff unit in the Fish Lake Valley sedimentary basin to host a significant lithium deposit. With receipt of the final interpretation we expect to be able to speed up the exploration and defini...