American Lithium Minerals Expands Sarcobatus Land Position to 1,730 acres
American Lithium Minerals (OTC PINK:AMLM) has expanded its Sarcobatus Lithium Property in Nye County, Nevada, to now encompass 1,730 acres comprised of 87 placer mining claims. This includes 14 newly staked placer claims totaling 270 acres adjacent to the existing claim block.
The Sarcobatus property is strategically located near paved Nevada State Highway 267 and is traversed by electric power lines, making it suitable for mining infrastructure, processing plants, and waste management facilities. These new claims have been duly recorded with the Nye County Recorder's Office and the Nevada State Office of the US Bureau of Land Management (BLM).
Sarcobatus is a brine/sedimentary lithium target located 40 miles northwest of Beatty, Nevada, and 20 miles southeast of AMLM's Stonewall Flat lithium property. It is adjacent to Nevada Lithium's "Bonnie Claire" and Loyal Lithium's "Scotty" lithium projects.
- Expansion to 1,730 acres enhances AMLM's resource base.
- Proximity to Nevada State Highway 267 and electric power lines aids infrastructure development.
- Recording of new claims with Nye County Recorder's Office and BLM ensures legal compliance.
- Adjacent to other major lithium projects, potentially increasing the area’s attractiveness for investors.
- No immediate information on exploration results or lithium reserves provided.
- Financial implications of the expansion and associated costs are unclear.
Expansion of Sarcobatus Land Position to 1,730 acres
LAS VEGAS, NV / ACCESSWIRE / June 6, 2024 / American Lithium Minerals (OTC PINK:AMLM) has expanded its land position at the Sarcobatus Lithium Property in Nye County, Nevada. The project is now comprised of 87 placer mining claims (approximately 1,730 acres).
The additional 14 placer claims (270 acres) were staked immediately west of the existing Sarcobatus claim block near the entrance road to the property. The area adjoins paved Nevada State Highway 267 and is traversed by electric power lines. It is intended to be available for mining infrastructure and processing plant, as well as a tailings pond and waste (overburden) pile. The 14 additional claims have been recorded with the Nye County Recorder's Office and the Nevada State Office of the US Bureau of Land Management (BLM).
Sarcobatus Lithium Project
The AMLM Sarcobatus lithium property is located at Scotty's Junction in Nye County, Nevada, approximately 40 miles northwest of Beatty. It is about 20 miles southeast of the AMLM Stonewall Flat lithium property. AMLM's Sarcobatus property is immediately west of Nevada Lithium's "Bonnie Claire" lithium property, and is also adjacent to Loyal Lithium's "Scotty" lithium project. Sarcobatus is comprised of 87 placer mining claims (approximately 1,730 acres) covering most of a playa (dry lake) and adjacent land. It is primarily a brine / sedimentary lithium target.
About American Lithium Minerals, Inc.: AMLM is a Nevada-based lithium exploration company with five (5) lithium projects in Central Nevada (Sarcobatus, Stonewall Flat, West End, Silverpeak and Claystone Hills). AMLM also has four (4) projects in Nevada, Arizona and Illinois for other battery metals, named Blue Bull Cobalt, Nickel and Manganese; Buckley Flat Graphite; Kingman Rare Earth and Hicks Dome Rare Earth.
CONTACT
Barbara Bauman, President
702-533-8369
American Lithium Minerals, Inc.
SOURCE: American Lithium Minerals, Inc.
View the original press release on accesswire.com
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