American Lithium Corp (AMLI)

[chico237]

HUGE: American Lithium confirms 99.4% purity lithium carbonate precipitation after 97.7% lithium leach extraction and overall, Li recovery of 88.1% at TLC - Maiden PEA to be announced shortly
https://finance.yahoo.com/news/american-lithium-confirms-99-4-120000208.html

VANCOUVER, British Columbia, Jan. 09, 2023 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to announce results of confirmatory lithium leaching and lithium carbonate precipitation test work from Tonopah Lithium Claims (“TLC”) mineralization. The test work was completed at McClelland Laboratories in Reno, Nevada with lithium carbonate products analyzed at SGS Lakefield in Lakefield, Ontario. Similar expanded studies also continue at ANSTO in Australia. This test work supports the maiden Preliminary Economic Assessment (“PEA”) for the TLC project, which is in final phase of completion and expected to be released shortly.

Highlights: (see Table 1 – TLC Lithium Carbonate Chemical Analysis and Calculated Purity and Figure 1 – Photograph of TLC Lithium Carbonate product, below)

Sulfuric acid leaching TLC claystone mineralization achieved 97.7% lithium extraction with short 2-hour leach time; HUGE NEWS!!!

Overall lithium recovery of at least 88.1% from leach through primary lithium carbonate precipitation including lithium losses of only 4.7% during leachate neutralization, 4.9% during impurity removal and crystallization/washing steps;

Calculated Lithium Carbonate (“LC”) purity of 99.4% based on ICP-MS/ICP-OES chemical analyses of TLC primary lithium carbonate product at SGS Lakefield analytical laboratories prior to any additional refining steps;

LC product requires an additional process step in the flow-sheet to remove remaining impurities (Potassium – K; Calcium - Ca) and produce battery-grade LC or Lithium Hydroxide;

PEA will reflect work done to date, but process optimization work will continue

Simon Clarke, CEO of American Lithium states, “We are very pleased with the latest TLC lithium carbonate precipitation results and on-going optimization leach test work which has achieved very high lithium extraction, high overall lithium recoveries and extremely good lithium purity. This work forms key inputs into the maiden PEA for the TLC project, scheduled for release this month, and enables the completion of flow sheets to produce battery grade lithium carbonate and / or hydroxide. This marks yet another successful milestone for the project and team and capped off a year that saw significant positive achievements and results.”

STORY CONTINUES PLEASE READ & SEE CHARTS!
Table 1 – TLC Lithium Carbonate Chemical Analysis and Calculated Purity1

Form Your Own Opinions & Conclusions above!

IMHO- TLC CAN PRODUCE LITHIUM CARBONATE USING TRIED & TRUE METHODS "MIKE-DROP!" Going higher IMHO as this is listing on the NASDAC TOMMORROW HUGE!!!!!!!!!!!!!!!!!!!!!!!! NEWS!!!!!!!!!!!!!!!!!!!!!!!!!!!!! THEY WILL NOT REQUIRE HUGE AMOUNTS OF WATER EITHER LIKE SOME OTHER PROCESSES!!!
(Back to all time highs soon & maybe higher... T..B.D....)
Chico