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American Lithium (LI) - Technical Analysis & Due Diligence

16 Apr 2022

Description

American Lithium Corporation (TSX.V: LI) (US OTC: LIACF) (Frankfurt: 5LA1) is well-positioned to play a key role in society’s shift to a secure, sustainable new energy paradigm in the Americas.In the US, the company owns the TLC claystones lithium deposit, which is in close proximity to the Tesla giga-factory in Nevada.Following the acquisition of Plateau Energy Metals, American Lithium is advancing the large-scale Falchani hard rock lithium deposit, as well as one of Latin America’s most prolific uranium deposits, known as Macusani – both of which are located in southeastern Peru.With a near-term focus on these mining-friendly jurisdictions, the company has the advantage of both geographic and geological diversity in developing these world-class, scalable projects.Of particular significance is the fact that the safe, secure supply of strategic battery/energy metals is of growing importance. Especially after the US government’s introduction of its “critical minerals” initiatives to secure domestic supplies, as well as additional supplies from other “friendly” nations, such as Peru.

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