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Ameriwest Lithium Railroad Valley Geophysics Results in Staking of Additional Claims
VANCOUVER, British Columbia, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Ameriwest Lithium Inc. (“Ameriwest” or the “Company”) (CSE: AWLI) (OTC: AWLIF) (FSE: 5HV0), a Nor
About this update from Ameriwest Critical Metals Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Ameriwest Lithium Inc. (“Ameriwest” or the “Company”) (CSE: AWLI) (OTC: AWLIF) (FSE: 5HV0), a North American lithium exploration and development company, is pleased to announce that based on positive preliminary results from a recent geophysical survey, the Company has elected to stake 150 additional placer claims on its Railroad Valley property in Nye County, Nevada. On August 31, 2021, Ameriwest announced the initiation of a deep target geophysical study designed to determine the presence and depth of conductive and potentially lithium brine-bearing strata. The survey program was undertaken in Q3 2021 by Zonge International Inc. (http://zonge.com) and consisted of a Magnetotelluric (MT) survey. Data was collected along two lines oriented at N90˚E for a total of 12.0-line kilometers. Electric field measurements were made continuously along the lines. Magnetic field measurements were recorded approximately every 1600 meters along each profile. From these measurements a total of 60 magnetotelluric soundings were obtained. See figure 1. As noted in Ameriwest’s news release of April 19, 2021, the Company originally staked 312 unpatented placer claims, totalling 6,240 acres at the Railroad Lithium Property located 100 miles northeast of Tonopah. Upon receipt and analysis of the geophysics data whereby sharp resistivity boundaries in the subsurface are represented as resistivity gradient zones, Ameriwest noted increased resistivity open to the eastern portion of the study. (See Figure 2). Therefore, the Company elected to acquire an additional 150 placer claims on the eastern portion of the existing claim block. The additional claims now increase the Railroad Property from 312 to 462 placer claims and increase the property size from 6,240 to 9,097 acres in total. Railroad Valley was originally identified by the US Geological Survey (USGS) as having potential to host lithium bearing brines in its subterranean aquifers beneath the valley floor. The Valley fits the current geological model and understanding of lithium brine deposit occurrences, (as defined by USGS Open File 2013-1006), and is considered analogous to the highly productive Clayton Valley. While Railroad Valley offers certain geological similarities to Clayton Valley, it differs in that it represents a new and...