American Critical Minerals Confirms Annual Renewal of all Potash Licenses and Lithium Claims across the Green River Project
American Critical Minerals (OTCQB:APCOF) has successfully renewed its mineral rights portfolio in the Green River Project, encompassing 32,530 total acres across Utah. The portfolio includes 11 SITLA Mineral Leases (7,050 acres), 1,094 Federal Lithium Brine Claims (21,150 acres), and 11 Federal Potash Prospecting Permits (25,480 acres).
The company has secured permits to drill 7 total holes across the project area - 3 holes on State of Utah Leases and 4 holes on Federal lands, pending final reclamation bonding payments. Unlike its neighbors Intrepid Potash and Anson Resources, APCOF is uniquely positioned to develop both potash and lithium resources.
The company is working with Agapito Associates LLC to define a 43-101 Exploration Target for lithium and update its technical report. Additionally, APCOF has granted 660,000 stock options at $0.38 and 540,000 RSUs to directors, officers, and key advisors.
[ "Secured permits for 7 drill holes across the Green River Project", "Strategic location between established potash producer (Intrepid) and advanced lithium developer (Anson)", "Dual development potential for both potash and lithium resources", "Project area validated by nearby successful operations and recent major agreements (POSCO, LG Energy Solution)" ]American Critical Minerals (OTCQB:APCOF) ha rinnovato con successo il portafoglio di diritti minerari nel Green River Project, che comprende 32.530 acri totali in Utah. Il portafoglio include 11 contratti mineral SITLA (7.050 acri), 1.094 rivendicazioni federali di brine di litio (21.150 acri) e 11 permessi federali di prospezione di potassa (25.480 acri).
L'azienda ha ottenuto permessi per trivellare 7 pozzi in totale nell'area del progetto - 3 pozzi su leases dello Stato dell'Utah e 4 pozzi su terreni federali, in attesa dei pagamenti finali di bonding per il ripristino. A differenza dei vicini Intrepid Potash e Anson Resources, APCOF è posizionata in modo unico per sviluppare sia risorse di potassa sia di litio.
L'azienda sta collaborando con Agapito Associates LLC per definire una target di esplorazione 43-101 per il litio e aggiornare il suo rapporto tecnico. Inoltre, APCOF ha concesso 660.000 stock option a 0,38 $ e 540.000 RSU a direttori, funzionari e consulenti chiave.
American Critical Minerals (OTCQB:APCOF) ha renovado con éxito su cartera de derechos mineros en el Green River Project, que abarca 32.530 acres totales en Utah. La cartera incluye 11 arrendamientos minerales SITLA (7.050 acres), 1.094 reclamaciones federales de salmuera de litio (21.150 acres) y 11 permisos federales de prospección de potasa (25.480 acres).
La empresa ha obtenido permisos para perforar 7 agujeros en total en el área del proyecto - 3 agujeros en arrendamientos del Estado de Utah y 4 agujeros en terrenos federales, pendientes de pagos finales de fianza de restauración. A diferencia de sus vecinos Intrepid Potash y Anson Resources, APCOF está posicionada de forma única para desarrollar tanto recursos de potasa como de litio.
La empresa está trabajando con Agapito Associates LLC para definir un objetivo de exploración 43-101 para litio y actualizar su informe técnico. Además, APCOF ha concedido 660.000 opciones sobre acciones a 0,38 $ y 540.000 RSU a directores, cargos y asesores clave.
American Critical Minerals (OTCQB:APCOF) 은 Green River Project의 광물권 포트폴리오를 성공적으로 갱신했으며 유타주 전역에 걸친 총 32,530 에이커를 포함합니다. 포트폴리오에는 11개 SITLA 광물 임대(7,050 에이커), 연방 리튬 염 매장권 1,094건(21,150 에이커), 연방 포타샤 탐사 허가 11건(25,480 에이커)이 포함됩니다.
회사은 프로젝트 지역에서 총 7개 구멍을 시추할 허가를 확보했으며 - 주정부 임대지에서 3곳, 연방법지에서 4곳으로, 최종 복구 채권 납부를 대기 중입니다. 이웃 기업인 Intrepid Potash와 Anson Resources와 달리, APCOF는 포타샤와 리튬 자원을 모두 개발할 수 있는 독특한 위치에 있습니다.
회사는 리튬에 대한 43-101 탐사 목표를 정의하고 기술 보고서를 업데이트하기 위해 Agapito Associates LLC 와 협력하고 있습니다. 또한 APCOF는 이사, 임원 및 주요 자문에게 66만 주의 주식옵션을 주당 0.38달러에, 54만 RSU를 부여했습니다.
American Critical Minerals (OTCQB:APCOF) a renouvelé avec succès son portefeuille de droits miniers dans le Green River Project, couvrant 32 530 acres au total à travers l’Utah. Le portefeuille comprend 11 baux miniers SITLA (7 050 acres), 1 094 revendications fédérales de saumure de lithium (21 150 acres) et 11 permis fédéraux de prospection potasse (25 480 acres).
L’entreprise a obtenu des permis pour forer 7 forages au total dans la zone du projet - 3 forages sur des baux d'État de l'Utah et 4 forages sur des terres fédérales, en attente des paiements finaux de caution de réhabilitation. Contrairement à ses voisins Intrepid Potash et Anson Resources, l’APCOF est idéalement positionnée pour développer à la fois des ressources de potasse et de lithium.
L’entreprise collabore avec Agapito Associates LLC pour définir une cible d’exploration 43-101 pour le lithium et mettre à jour son rapport technique. De plus, APCOF a accordé 660 000 options d’achat d’actions à 0,38 $ et 540 000 RSU à des administrateurs, dirigeants et conseillers clés.
American Critical Minerals (OTCQB:APCOF) hat erfolgreich sein Minenrechte-Portfolio im Green River Project erneuert und umfasst 32.530 Gesamtacres in Utah. Das Portfolio beinhaltet 11 SITLA-Mineral-Leasing-Verträge (7.050 Acres), 1.094 Bundes-Lithium-Soleil-Claims (21.150 Acres) und 11 Bundes-Potash-Prospecting Permits (25.480 Acres).
Das Unternehmen hat Genehmigungen zum Bohren von 7 Bohrlöchern insgesamt in der Projektregion erhalten – 3 Bohrungen auf Staatsgrundbesitz Utah und 4 Bohrungen auf Bundesland, ausstehende endgültige Gewinn- und Rückbau-Bonds. Im Gegensatz zu seinen Nachbarn Intrepid Potash und Anson Resources ist APCOF einzigartig positioniert, um sowohl Potash- als auch Lithium-Ressourcen zu entwickeln.
Das Unternehmen arbeitet mit Agapito Associates LLC zusammen, um ein 43-101 Explorationsziel für Lithium zu definieren und seinen technischen Bericht zu aktualisieren. Zusätzlich hat APCOF 660.000 Aktienoptionen zu 0,38 $ und 540.000 RSU an Direktoren, Beamte und Schlüsselberater gewährt.
American Critical Minerals (OTCQB:APCOF) قام بنجاح بتجديد محفظة حقوق المعادن في مشروع Green River، التي تشمل 32,530 فداناً إجمالياً في يوتا. تتضمن المحفظة 11 عقداً من SITLA للإشغال المعدني (7,050 فداناً)، و1,094 مطالبة فدرالية ببراءات ليثيوم من المحلول الملحي (21,150 فداناً)، و11 تصريحاً فيدرالياً لاستكشاف البوتاس (25,480 فداناً).
أمنت الشركة تصاريح حفر 7 آبار إجمالاً عبر منطقة المشروع - 3 آبار على استئجارات ولاية يوتا و4 آبار على أراضٍ فدرالية، في انتظار مدفوعات الرهن النهائي لإعادة التأهيل. وعلى عكس جيرانها Intrepid Potash وAnson Resources، فإن APCOF في وضع فريد يمكّنها من تطوير كل من موارد البوتاس والليثيوم.
تعمل الشركة مع Agapito Associates LLC لتحديد هدف استكشافي من الفئة 43-101 لليثيوم وتحديث تقاريرها الفنية. بالإضافة إلى ذلك، منحت APCOF 660,000 خيار أسهم بسعر 0.38 دولار و540,000 RSU للموجهين والمديرين والمستشارين الرئيسيين.
American Critical Minerals (OTCQB:APCOF) 已成功更新位于绿河项目的矿权组合，覆盖犹他州的共计32,530英亩。该组合包括11份SITLA矿权租约（7,050英亩）、1,094份联邦锂盐资源权（21,150英亩）以及11份联邦钾盐勘探许可证（25,480英亩）。
公司已获得在该项目区域钻探共7口井的许可——在犹他州州有地上3口井、在联邦地上4口井，正等待最终的复垦保函支付。与邻近的Intrepid Potash和Anson Resources不同，APCOF处于一个独特的位置，能够同时开发钾盐和锂资源。
公司正与Agapito Associates LLC合作，定义锂的43-101勘探目标并更新其技术报告。此外，APCOF已向董事、高级职员和关键顾问授予66万股股票期权54万份RSU。
- None.
- Additional reclamation bonding payments required before drilling can commence
- Stock compensation (options and RSUs) may lead to future dilution
- No current resource estimates or production
VANCOUVER, BC / ACCESS Newswire / September 29, 2025 / American Critical Minerals Corp. ("American Critical Minerals" or the"Company") (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) is pleased to confirm that it has made the required annual payments to renew its
The Company has Permits in place to drill 3 holes on its State of Utah Leases following the payment of required reclamation bonding in respect of these holes. In addition, under the Plan of Operations approved by the BLM in October 2024, the Company is also authorized to drill 4 holes across its Federal (BLM) acreage. The Company has now finalized with the BLM and the Utah Department of Natural Resources, the additional reclamation bonding required to receive final permits to drill these 4 additional holes. Once this additional bonding is paid by the Company it will be in position to drill up to 7 holes in total across the Green River Project.
Unlike its near neighbors, who are focused on either potash production (Intrepid Potash: https://www.intrepidpotash.com) or advanced lithium development (Anson Resources: https://www.ansonresources.com), the Company is looking to develop both potash and lithium. Historic oil and gas wells, and development work contiguous to the Company's Green River Project, have highlighted the potential for both Critical Minerals and the Company will test for both potash and lithium in each hole it drills. * **
Management Commentary
Simon Clarke President & CEO stated, "we are pleased to continue to make strong progress operationally as we continue to position the Company to launch drilling to confirm the historic values obtained in the oil and gas wells drilled across, and around, our acreage. We will be targeting the same potash cycles that our near neighbour, Intrepid Potash, has been producing from for decades and given our Project is contiguous with Anson's project to the North and adjacent to their project to the South, we are highly confident that "as the meat in the sandwich" we will experience similar results on the lithium side. Speaking of Anson, I would like to commend them for their continued strong performance. Their MOU with POSCO Holdings and their definitive offtake agreement with LG Energy Solution, both major players in the lithium-Ion Battery space, are impressive and provide strong validation of the Paradox Basin as a major source of high-quality lithium.
In the interim, we are excited to continue to progress work with Agapito Associates LLC (announced in late July 2025) to define a 43-101 Exploration Target for lithium reflecting the growing importance of lithium in the Paradox and its potential at Green River. This work will also lead to our 43-101 Technical Report** being updated and refreshed and will provide us with 43-101 Exploration Targets for both critical minerals as we position ourselves for confirmation and resource Drilling. We expect to be able to finalize this work with Agapito in the near future."
Granting of Incentive Securities
The Company also announces that it has granted an aggregate of 660,000 incentive stock options (the "Options") to certain of its directors, officers and key advisors. The Options vest over a period of one year and each Option is exercisable to acquire one common share at
About American Critical Minerals' Green River Potash and Lithium Project
The Green River Potash and Lithium Project is situated within Utah's highly productive Paradox Basin, located 20 miles northwest of Moab, Utah and has significant logistical advantages including close proximity to major rail hubs, airport, roads, water, towns and labour markets. It also benefits from close proximity to the agricultural and industrial heartland of America and numerous potential end-users for its products.
The history of oil and gas production across the Paradox Basin provides geologic data from historic wells across the Project, and the wider Basin, validating and de-risking the potential for high grade potash and large amounts of contained lithium. Wells in and around the project reported lithium up to 500 ppm, bromine up to 6,100 ppm and boron up to 1,260 ppm (Gilbride & Santos, 2012). This data is reinforced by nearby potash production and the advanced stage of neighbouring lithium projects. The Paradox Basin is believed to contain up to 56 billion tonnes of lithium brines, potentially the largest such resource in US (Source: Anson Fastmarkets Presentation - https://wcsecure.weblink.com.au/pdf/ASN/02823465.pdf ) The Company also has a 43-101 Exploration Target of 600 million to 1 billion tonnes of sylvinite (the most important source for the production of potash in North America) with average grades ranging from
The Company holds a
Intrepid Potash, Inc. is America's largest potash company and only U.S. domestic potash producer and currently produces potash from its nearby Moab Solution Mine, which the Company believes provides strong evidence of stratigraphic continuity within this part of the Paradox Basin (www.intrepidpotash.com). Anson Resources Ltd. has advanced lithium development projects contiguous to the northern boundary of our Green River Project and neighbouring to the south. Anson has a large initial resource, robust definitive feasibility study and has recently completed successful piloting operations through its partnership with Koch Technology Solutions, as well as an offtake agreement with LG Energy Solution. The Anson exploration targets encompass the combined Mississippian Leadville Formation and the Pennsylvanian Paradox Formation brine-bearing clastic layers, which also underlie American Critical Minerals' entire project area (www.ansonresources.com)*.
In 2022, the U.S. imported approx.
On behalf of the Board of Directors
Simon Clarke, President & CEO
Contact: (604)-551-9665
*American Critical Minerals' management cautions that results or discoveries on properties in proximity to the American Critical Minerals' properties may not necessarily be indicative of the presence of mineralization on the Company's properties.
**A report titled "NI 43-101 Technical Report - Green River Potash Project, Grand County, Utah, USA", prepared by Agapito Associates Inc., and dated effective September 12, 2012, quantifies the Green River Potash Project's potash exploration potential in the form of a NI 43-101 Exploration Target. The Exploration Target estimate was prepared in accordance with the National Instrument 43-101 -Standards of Disclosure for Mineral Projects ("NI 43-101"). It should be noted that Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101. The Exploration Target stated in the Agapito Report is not being reported as part of any Mineral Resource or Mineral Reserve. A copy of the report can be accessed on the corporate website for the Company: www.acmineralscorp.com.
***United States Geological Survey, Mineral Commodity Summaries, January 2024 (https://pubs.usgs.gov/periodicals/mcs2024/mcs2024-potash.pdf).
Cautionary Statements Regarding Forward Looking Information
This news release contains forward-looking information within the meaning of applicable securities legislation. Forward-looking information is typically identified by words such as: believe, uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Readers are cautioned not to place undue reliance on forward-looking expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Such statements include, without limitation, statements regarding the intended use of proceeds from the Offering. Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking information is based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. This information, however, is subject to a variety of risks and information.
SOURCE: American Critical Minerals Corp.
View the original press release on ACCESS Newswire
FAQ
What is the total acreage of American Critical Minerals' Green River Project in 2025?
How many drill holes has APCOF been permitted for at the Green River Project?
What makes American Critical Minerals different from its neighbors in the Green River area?
What stock options and RSUs did APCOF grant in September 2025?
What is the current status of APCOF's 43-101 Technical Report?
