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The latest announcement is out from Blanton Resources Corp. ( (TSE:USLI) ).
American Salars Lithium Inc. has initiated a Phase 2 sampling program at its Jaguaribe Project in Northern Brazil, which is rich in lithium and REE-bearing pegmatite dykes. The project, located in a historically significant pegmatite district, has already shown promising results with high-grade lithium samples and significant REE values. The second phase aims to further explore and delineate the scale and quality of the mineral-rich region, potentially impacting the company’s operations and industry positioning by enhancing its resource base and market competitiveness.
More about Blanton Resources Corp.
American Salars Lithium Inc. operates in the mining industry, focusing on the exploration and development of lithium and rare earth elements (REE) projects. The company is primarily engaged in the extraction of lithium, cesium, tantalum, and other critical minerals, with a market focus on supplying these materials to North American and European battery chemical markets.
Average Trading Volume: 104,949
Technical Sentiment Signal: Sell
Current Market Cap: C$981K
Learn more about USLI stock on TipRanks’ Stock Analysis page.