Plan Of Operations And Reclamation Permit Approvals To Commence Drilling

VANCOUVER - American Lithium Corp. reported that the Bureau of Land Management (BLM) and the Nevada Division of Environmental Protection (NDEP) have approved the Plan of Operations (PO) and Reclamation Plan for the next phases of development and exploration work at the Company’s Tonopah Lithium Claims Project (TLC) located near Tonopah, Nevada.

The BLM and NDEP approvals follow the completion of an EA on the project that included a 30-day public comment process, and the NDEP’s review of the sufficiency of the reclamation bond amount. The BLM received several letters of support for the project from the public and Nye County during the public comment period for the Environmental Assessment. American Lithium has provided a US$ 1,415,666 reclamation bond to the BLM and NDEP, through its surety agent, Smith Manus. As such, all approvals are now in place to commence drilling.

Q & D Construction LLC has been contracted to provide a sonic core drill rig to complete the in-fill and resource extension drilling planned under the PO on the existing TLC deposit, as well as additional exploration drilling outside the existing TLC resource area. This drill will complement the existing reverse circulation drill presently conducting exploration drilling at TLC North (Crescent Dunes). Drilling at TLC will commence shortly.

Simon Clarke, CEO, said, “We are extremely pleased to have the TLC Plan of Operations and Reclamation Permit approved and the finalization of our BLM and NDEP permits. We would like to thank our team and key advisors on the ground, and BLM and NDEP for their efforts throughout the process. This is a big step for the company and enables the launch of a major development program which we believe will provide all the data / results needed to move quickly from a robust, maiden PEA and into the pre-feasibility / feasibility phase on our core TLC Project.

We are also excited about the resource expansion and infill drilling program at TLC as well as continuing our successful exploration drilling program following up on the thick lithium claystone discovery at TLC North. While our primary goal remains delivering the PEA as quickly as possible, the potential to significantly expand our measured and indicated resource numbers would also add significant value to the Project and provide even stronger positioning for the move into feasibility.”