American Lithium announces an updated Mineral Resource Estimate, MRE, that significantly increases the contained lithium resources for the Tonopah Lithium Claims, TLC, project located in the Esmerelda lithium district northwest of Tonopah, Nevada. Simon Clarke, CEO of American Lithium states, "We are very pleased with the results of our 2022 drill programs culminating in a much larger mineral resource at TLC which underlines our position as one of the largest lithium projects in North America. In addition, the higher-grade shallow lithium mineralization identified in our core Measured resource area provides focus for early production that should have a positive impact on the economic potential of TLC. This will be reflected in a robust maiden PEA, which we are in the process of completing in conjunction with DRA Global, and should help fast-track the Project’s move through feasibility"
Published first on TheFly
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