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American Critical Minerals reports on mineral exploration activity centered on the Green River Potash and Lithium Project in Utah's Paradox Basin. Company updates focus on potash, lithium and bromine exploration targets, technical reports prepared under Canadian mining disclosure standards, drill program planning and project logistics.
Recurring news also covers financing activity used to support exploration work, governance and senior team changes, and clarification of technical disclosure. The company is traded on the OTCQB under APCOF, with additional listings on the CSE and Frankfurt markets identified in company releases.
American Critical Minerals (OTCQB:APCOF) engaged RESPEC to manage and execute its 2026 drilling program at the Green River potash, lithium and bromine project in the Paradox Basin, Utah. Drill targeting is complete to validate historic well data via coring and brine sampling in Paradox and Leadville formations. Two historic wells intercepted thick potash (including 3.4 m @ 26.4% eKCl and 5.9 m @ 24.3% eKCl). The program aims to test potash horizons and clastic zones for lithium and bromine; results will determine next steps.
American Critical Minerals (APCOF) appointed industry veteran Dean Pekeski as CEO, President & Director effective April 16, 2026; Simon Clarke moves to Chairman.
Pekeski has >33 years mining experience, ~17 years in potash, led Milestone project (currently 80% complete), and has raised over US$120M in capital across his career.
American Critical Minerals (OTCQB:APCOF) on February 5, 2026, recapped six months of progress and filed an amended and restated NI 43-101 technical report for the Green River Potash and Lithium Project. The report sets exploration targets: potash 0.5–1.0 billion tonnes (12%–18% K2O), lithium brine 2.1 billion m3 (71.6–216.3 ppm), and bromine brine 2.1 billion m3 (3,656–4,741 ppm). The filing clarifies there is no current mineral resource estimate under NI 43-101. Balance sheet strengthened by aggregate gross proceeds of $7,451,000 from bought-deal and non-brokered offerings. Key technical hires and license renewals position the company for planned drilling and further exploration activity in 2026.
American Critical Minerals (OTCQB:APCOF) issued a clarification on December 22, 2025 regarding a technical report filed October 28, 2025 for its Green River Potash and Lithium Project.
The Company says the Report provides updated information but does not contain a mineral resource estimate or an NI 43-101 compliant exploration target. The Company advises readers not to rely on the Report until an amended technical report prepared in accordance with NI 43-101 is re-filed. The technical content in this release was reviewed and approved by Dean Besserer, P.Geo., the company's Chief Operations Officer and a qualified person under NI 43-101.
American Critical Minerals (OTCQB:APCOF) provided an update on preparations for its initial drill program at the Green River Potash & Lithium Project in Utah's Paradox Basin.
Key facts: the company raised approximately $7,451,000 from a bought-deal and concurrent offering to fund final bonding and drilling, holds 3 fully permitted and bonded drill holes on SITLA leases and 4 BLM-authorized/b holes pending bonding, and is targeting for site mobilization. The company increased its market awareness budget with Machai by $500,000 and appointed Dean Pekeski to its technical team. The Phase 1 program (2–3 holes) aims to core and sample potash, lithium and bromine horizons to enable maiden resource estimates and preliminary studies.
American Critical Minerals (OTCQB:APCOF) welcomed the U.S. Geological Survey's finalized 2025 List of Critical Minerals, which for the first time includes both potash and lithium. The Federal Register notice was posted on 11/07/2025 (Docket 2025-19813).
The company said the updated list reinforces the strategic importance of these minerals for domestic supply chains and underpins the Green River Project focus. Management noted that a recently closed bought‑deal financing and the appointment of Dean Pekeski to the technical team support planned phased drilling programs aimed at confirming historical data and advancing maiden resource work for both potash and lithium.
American Critical Minerals (OTCQB:APCOF) appointed Dean Pekeski as Senior Advisor effective November 4, 2025.
Pekeski brings 33+ years in mining and 17+ years focused on potash, having led discovery and development of the Milestone Potash solution mining project (reported 80% complete) and serving in senior roles at Western Potash and Peak Minerals. He has advanced projects through PEA/PFS/FS/FEED, permitting, contracts, off-take steps, and has raised more than US$120M in capital. Management says his technical expertise, sector relationships in Utah, and capital-raising track record will support advancement and de-risking of the Green River Project ahead of planned drilling in the New Year.
American Critical Minerals (OTCQB:APCOF) closed a bought deal and concurrent non-brokered financing on Nov 3, 2025, issuing a total of 21,288,736 Units at $0.35 per Unit for aggregate gross proceeds of approximately $7,451,000. Each Unit includes one common share and one-half warrant; Warrants exercise at $0.45 for 36 months and cannot be exercised until 60 days post-closing.
Net proceeds will fund an initial confirmation and resource drill program targeting potash, lithium and bromine at the Green River Project, with remaining funds for working capital and corporate purposes.
American Critical Minerals (OTCQB:APCOF) filed a voluntary NI 43-101 Technical Report dated October 27, 2025 with an effective date of September 30, 2025 for the Green River Potash and Lithium Project.
The report documents quantified exploration targets: 2.1 billion m3 brine grading 71.6–216.3 ppm lithium and 3,656–4,741 ppm bromine, plus a potash target of 0.5–1.0 Bt sylvanite grading 12–18% K2O (eK2O 19–29% eKCl). The report recommends a phased program with Phase 1 drilling to test potash horizons and clastic zones, maiden resource estimates, and initial pre-feasibility work.
The company cites recent approvals for its Plan of Operations, federal potash prospecting licenses and drill authorizations and is developing a Phase 1 drilling and sampling program for the upcoming season.
American Critical Minerals (OTCQB:APCOF) reported an updated seismic interpretation for the northern Green River potash and lithium project on October 15, 2025. Agapito reviewed four reprocessed 2D seismic lines (≈32.5 miles) and a time-structure map of the top Paradox Formation salt.
The interpretation shows relatively flat-lying potash cycles dipping ~4% north, a northward thickening of Paradox clastics, and minor high-angle faulting. Findings support potential suitability for solution mining wells and possible increased lithium/bromine brine quality and volumetric potential. An updated technical report will be published shortly.