LIACF - LIACF STOCK NEWS

American Lithium Corp (TSX-V:LI | OTCQB:LIACF) announced a judicial ruling on November 15, 2021, in favor of its subsidiary, Macusani Yellowcake S.A.C., confirming title over 32 disputed concessions in Peru. This decision is a crucial milestone as it resolves a lengthy legal process. Although the company expects an appeal from regulatory authorities, the CEO expressed confidence in the strength of the judge's ruling. The company remains focused on advancing its Falchani Lithium and Macusani Uranium projects, which exhibit significant exploration potential.

American Lithium Corp has received a favorable judicial ruling regarding the title to 32 disputed concessions related to its Falchani and Macusani projects in Peru. This decision, announced on November 2, 2021, favors the company's subsidiary, Macusani Yellowcake S.A.C., restoring full title to the concessions. The ruling concludes the current judicial process, though an appeal by INGEMMET or MINEM is possible within five business days. The company is focused on lithium projects in mining-friendly regions of the Americas, highlighting its ongoing work at the TLC lithium claystone project in Nevada.

American Lithium Corp (OTCQB:LIACF) announced significant developments in its lithium and uranium projects. The acquisition of the Big Smoky area expands the Tonopah Lithium Claims to approximately 12,975 acres. BLM approved the drilling of 15 holes targeting high-grade lithium zones, with drilling set to commence soon. The Falchani Lithium Project plans for 40 new diamond drill holes focusing on resource expansion. Additionally, the Macusani Uranium Project is set for 12,000 meters of drilling aimed at resource growth. The company also filed for a NYSE American listing.

American Lithium Corp announced significant progress at its Macusani Uranium Project in Peru, with new drilling plans based on promising results from radiometric prospecting and sampling. 2021 exploration identified potential extensions to existing uranium deposits and new anomalies for drilling. Over 90 samples returned grades up to 377,400 ppm U, averaging 18,270 ppm U. The project boasts robust metrics, including an NPV of $603.1 million and an IRR of 40.6%. Drilling is set to commence pending permit approval.

American Lithium Corp announced its plans to advance drilling and development at the Falchani and Macusani projects in Peru after a constructive meeting with President Pedro Castillo. During the UN General Assembly, the meeting focused on Peru's commitment to its mining sector and its ambition to lead in battery and clean energy metals. President Castillo emphasized support for foreign investment and sustainable practices. American Lithium aims to enhance its lithium and uranium resources amidst ongoing regulatory processes for its concessions.

American Lithium Corp (LIACF) announced significant advancements in optimizing lithium extraction from its Tonopah Lithium Claims Project in Nevada. Recent tests at TECMMINE in Peru revealed extraction rates of 89.4% Li using a salt-roasting-water leaching process. This method minimizes impurities and allows for the production of lithium carbonate or hydroxide. The project shows potential for higher extraction rates of by-products like potassium and rubidium, enhancing overall project value. Continued optimization work aims to finalize the best process for the Preliminary Economic Assessment.

American Lithium Corp. announced significant pre-concentration results from its Tonopah Lithium Claims. Utilizing Falcon continuous gravity concentrators, the company achieved an 88% concentration of lithium from the original mass. The process upgraded lithium content from 1,098 ppm to 1,671 ppm, enhancing efficiency and potentially reducing costs in further processing. CEO Dr. Laurence Stefan expressed optimism regarding the implications of these results for future operations. Ongoing test work aims to optimize the upgrading process using higher-grade samples, indicating a positive trajectory for the company's lithium projects.

American Lithium Corp (LIACF) announced on September 8, 2021, its agreement to acquire Big Smoky Holdings Corp, enhancing its exploration capabilities in Nevada. The acquisition includes the Crescent Dunes Project, covering 3,886 acres adjacent to the Tonopah Lithium Claims. Notably, historical exploration yielded lithium grades up to 2,361 ppm. Following the acquisition, total land holdings at TLC will expand to 11,410 acres, with plans for further exploration drilling scheduled for later in 2021.

American Lithium Corp (TSX-V:LI | OTCQB:LIACF) has achieved a record 97.4% lithium extraction from its Tonopah Lithium Claims using a warm sulfuric acid leach process. Conducted by TECMMINE in Lima, Peru, this result marks the highest extraction rate reported for any lithium recovery method. Ongoing optimization tests will explore varying conditions to maximize efficiency. Furthermore, the company is focused on advancing towards a Preliminary Economic Assessment (PEA) to evaluate economic viability and minimize environmental impacts. Additionally, American Lithium has granted 500,000 stock options priced at $1.81.