Monday, May 09, 2016 12:11:31 PM
From our joint venture partner:
"By combining the geologic data sets generated by both Lithium Corp. and Nevada Sunrise Gold Corporation in the Fish Lake Valley , American Lithium has determined that the geologic and structural features are strongly analogous to the structural and geologic settings at Albemarle's Silver Peak Lithium-Brine operation at Clayton Valley, 25 miles to the southeast. Detailed gravity data acquired by Nevada Sunrise last season confirms gravity lows or basement troughs beneath both the Nevada Sunrise and the Lithium Corp acreage. The structural data confirms a bounding northeasterly striking fault, with northeasterly crossing faults, rich in hydrothermal enriching conduits. The team at American Lithium, given the new data, is now implementing a development program to exploit the Fish Lake Valley assets."
http://finance.yahoo.com/news/american-lithium-acquire-atlantis-property-123000143.html
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