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American Lithium Corp. is pleased to announce that initial exploration drilling has been launched at TLC North near Tonopah Nevada. Initial drilling has successfully drilled thick intersections of lithium-bearing claystone. A drone magnetic geophysical survey is also being flown across a large portion of the TLC project area to provide detailed geophysical information as the Company finalizes the precise positioning ...

American Lithium Corp. ("American Lithium" or the "Company") (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to announce that initial exploration drilling has been launched at TLC North (Big Smoky acquisition land) near Tonopah Nevada. Initial drilling has successfully drilled thick intersections (up to 96.9 m 318 ft) of lithium-bearing claystone.

A drone magnetic geophysical survey is also being flown across a large portion of the TLC project area to provide detailed geophysical information as the Company finalizes the precise positioning of drill collars for its next phase of development drilling under its Plan of Operations filed in January 2021 and expected to receive final approval in mid-late December 2021.

Tonopah Lithium Claims ("TLC") – Exploration Details :

  • 15-hole Reverse Circulation ("RC") exploration drill program, approved under a new 5-acre Notice, has started at TLC North and East, marking initial drilling in these areas (See Figure 1 – TLC Project Drill Hole Location Map – Holes A-O);
  • 10 holes (approx. 1,400 m / 4,600 ft) are planned at TLC North to test high grade target areas where up to 2,361 ppm lithium recovered from surface grab samples 1 (See Figure 1 – Holes A-J)
  • Additional 5 holes (approx. 650 m / 2,100 ft) will also be drilled on newly staked land east of the TLC resource area (See Figure 1 – Holes K-O);
  • 6 vertical RC holes (See Figure 1 - Holes A-F) completed to date at TLC North (1,112.5 m / 3,650 ft) have intersected target claystone horizons near surface immediately beneath alluvial cover 13.7 - 48 m (45 - 157 ft) thick;
  • Claystone stratigraphy intersected ranges from 38 m - 96.9 m (125 - 318 ft) thick;
  • High lithium contents, similar to main TLC deposit, have been recorded in mineralized claystone intersected in southwest holes utilizing a Thermo Scientific Niton Apollo Laser Induced Breakdown Spectroscopy (LIBS) portable analyzer 2 ;
  • Samples from these 6 initial holes have been submitted to American Assay Laboratories in Sparks, Nevada, with results pending;
  • Twinning of several holes within the TLC resource area also planned to test for additional, deeper lithium mineralization, drill to basement to understand basin dynamics and pinpoint depth of water table;
  • A drone magnetic geophysical survey has been launched to provide valuable information on the location and orientation of fault structures, basin architecture and depth to basement;
  • The 146 line km survey by Pioneer Exploration Consultants Ltd. of Ottawa is using their DRONE-MAG system with 100 m line spacing; 1,000 m tie lines and minimum safe flight height;
  • Optimization of process engineering and pre-concentration work continues to enable completion of Preliminary Economic Assessment ("PEA") by end Q1 2022; Approval of Plan of Operations ("PO") for next phase of development is anticipated late 2021 and includes up to 110 drill sites on the central TLC project targeting resource infill / expansion; and
  • Drilling will resume in early January with multiple rigs.

Simon Clarke, CEO of American Lithium states , "We are excited to have started this exploration drilling program with the successful discovery of thick lithium claystone on new targets at TLC North. Once complete, this exploration program will morph into our larger development drill program with the approval of the PO expected shortly. We are also excited for the start of drilling at Quelcaya near Falchani, which should commence very soon.

The Company continues to advance its projects in both Nevada and Peru with a maiden PEA for TLC anticipated by end of Q1 2022 and updated PEAs at both Falchani and Macusani projects targeted for Q2 and Q3 2022, as American Lithium continues to evolve into a leading lithium developer focused on the Americas."

Figure 1 – TLC Project Drill Hole Location Map is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1df4e23c-5960-42a9-b3a3-7b56262ec70a

Notes
1 Grab samples are selective, and the selected nature of such sampling does not necessarily reflect potential lithium contents expected from future drill testing, however, they do indicate the presence of lithium mineralization and mineralizing systems in the surface rocks collected.

2 The LIBS portable analyser has been calibrated at the factory and has been more finely calibrated with internally made standards of TLC mineralization; although correlation between LIBS and geochemical analyses are high, it is only used here as indicative of lithium mineralization.

Qualified Person
Mr. Ted O'Connor, P.Geo., a Director of American Lithium, and a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects , has reviewed and approved the scientific and technical information contained in this news release.

Ab out American Lithium
American Lithium, a member of the TSX Venture 50, is actively engaged in the acquisition, exploration and development of lithium projects within mining-friendly jurisdictions throughout the Americas. The Company is currently focused on enabling the shift to the new energy paradigm through the continued exploration and development of its strategically located TLC lithium claystone project in the richly mineralized Esmeralda lithium district in Nevada as well as continuing to advance its Falchani lithium and Macusani uranium development projects in southeastern Peru. Both Falchani and Macusani have been through preliminary economic assessments, exhibit strong additional exploration potential and are situated near significant infrastructure.

The TSX Venture 50 is a ranking of the top performers in each of 5 industry sectors in the TSX Venture Exchange over the last year.

For more information, please contact the Company at info@americanlithiumcorp.com or visit our website at www.americanlithiumcorp.com for project update videos and related background information.

Follow us on Facebook , Twitter and LinkedIn .

On behalf of the Board of Directors of American Lithium Corp.

"Simon Clarke"

CEO & Director

Tel: 604 428 6128

For further information, please contact:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Statement Regarding Forward Looking Information

This news release contains certain forward-looking information and forward-looking statements (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the ability to appeal the judicial ruling, and any other statements regarding the business plans, expectations and objectives of American Lithium. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend", "indicate", "scheduled", "target", "goal", "potential", "subject", "efforts", "option" and similar words, or the negative connotations thereof, referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management are not, and cannot be, a guarantee of future results or events. Although American Lithium believes that the current opinions and expectations reflected in such forward-looking statements are reasonable based on information available at the time, undue reliance should not be placed on forward-looking statements since American Lithium can provide no assurance that such opinions and expectations will prove to be correct. All forward-looking statements are inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including risks, uncertainties and assumptions related to: American Lithium's ability to achieve its stated goals; risks and uncertainties relating to the COVID-19 pandemic and the extent and manner to which measures taken by governments and their agencies, American Lithium or others to attempt to reduce the spread of COVID-19 could affect American Lithium, which could have a material adverse impact on many aspects of American Lithium's businesses including but not limited to: the ability to access mineral properties for indeterminate amounts of time, the health of the employees or consultants resulting in delays or diminished capacity, social or political instability in Peru which in turn could impact American Lithium's ability to maintain the continuity of its business operating requirements, may result in the reduced availability or failures of various local administration and critical infrastructure, reduced demand for the American Lithium's potential products, availability of materials, global travel restrictions, and the availability of insurance and the associated costs; the judicial appeal process in Peru, and any and all future remedies pursued by American Lithium and its subsidiary Macusani to resolve the title for 32 of its concessions; risks regarding the ongoing Ontario Securities Commission regulatory proceedings; the ongoing ability to work cooperatively with stakeholders, including but not limited to local communities and all levels of government; the potential for delays in exploration or development activities due to the COVID-19 pandemic; the interpretation of drill results, the geology, grade and continuity of mineral deposits; the possibility that any future exploration, development or mining results will not be consistent with our expectations; risks that permits will not be obtained as planned or delays in obtaining permits; mining and development risks, including risks related to accidents, equipment breakdowns, labour disputes (including work stoppages, strikes and loss of personnel) or other unanticipated difficulties with or interruptions in exploration and development; risks related to commodity price and foreign exchange rate fluctuations; risks related to foreign operations; the cyclical nature of the industry in which American Lithium operates; risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals; risks related to environmental regulation and liability; political and regulatory risks associated with mining and exploration; risks related to the uncertain global economic environment and the effects upon the global market generally, and due to the COVID-19 pandemic measures taken to reduce the spread of COVID-19, any of which could continue to negatively affect global financial markets, including the trading price of American Lithium's shares and could negatively affect American Lithium's ability to raise capital and may also result in additional and unknown risks or liabilities to American Lithium. Other risks and uncertainties related to prospects, properties and business strategy of American Lithium are identified in the "Risks and Uncertainties" section of Plateau's Management's Discussion and Analysis filed on January 19, 2021, in the "Risk Factors" section of American Lithium's Management's Discussion and Analysis filed on January 29, 2021, and in recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements. American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements. Cautionary Note Regarding Macusani Concessions Thirty-two of the 151 concessions held by American Lithium's subsidiary Macusani, are currently subject to Administrative and Judicial processes (together, the "Processes") in Peru to overturn resolutions issued by INGEMMET and the Mining Council of MINEM in February 2019 and July 2019, respectively, which declared Macusani's title to 32 of the concessions invalid due to late receipt of the annual validity payments. In November 2019, Macusani applied for injunctive relief on 32 concessions in a Court in Lima, Peru and was successful in obtaining such an injunction on 17 of the concessions including three of the four concessions included in the Macusani Uranium Project PEA. The grant of the Precautionary Measure (Medida Cautelar) has restored the title, rights and validity of those 17 concessions to Macusani until a final decision is obtained at the last stage of the judicial process. A Precautionary Measure application was made at the same time for the remaining 15 concessions and was ultimately granted by a Court in Lima, Peru on March 2, 2021 which has also restored the title, rights and validity of those 15 remaining concessions to Macusani, with the result being that all 32 concessions are now protected by Precautionary Measure (Medida Cautelar) until a final decision on this matter is obtained at the last stage of the judicial process. The favourable judge's ruling confirming title to all 32 concessions from November 3, 2021 represents the final stage of the current judicial process. However, this ruling has recently been appealed by MINEM and INGEMMET. American Lithium has no assurance that the outcome of these appeals will be in the Company's favour.



News Provided by GlobeNewswire via QuoteMedia

American Lithium TSXV:LI Lithium Investing
American Lithium

American Lithium

Overview

Even with surging global lithium demand, political powerhouses like the US are concerned about its critical minerals supply chains in meeting those growing demands. As the US reviews its critical supply chain risks, lithium mining companies operating in the Americas present the potential to turn the tides of critical mineral market vulnerabilities.

American Lithium (TSXV:LI, OTCQB:LIACF, XFRA:5LA1) is a top TSX Venture 50 company focused on exploring and developing high-quality lithium deposits within mining-friendly jurisdictions throughout the Americas. The company is currently operating its Tonopah Lithium Claims (TLC) project located in the highly prospective mining Esmeralda lithium district in Nevada.

The 100 percent owned TLC project hosts overwhelming operational and geological advantages. Its unique mineralogy, lack of deleterious elements and favorable processing conditions primes project development for fast track potential.

The project boasts excellent existing infrastructure and strategic positioning in the top mining investment jurisdiction of Nevada. The property leverages proximity to paved roads, electricity, water networks and skilled local labor. Additionally, premier solar conditions across the geographic region point to some of the world’s lowest power and natural gas costs.

The TLC project has one of the fastest processing times relative to its peers. Beneficiate samples taken from TLC achieved a 49 percent mass reduction while increasing lithium grade by 66 percent, and subsequent leach testing extracted 96 percent of the lithium from upgraded samples.

A 43-101 compliant technical report for TLC shows a measured and indicated resource of 5.37 million tonnes lithium carbonate equivalent (LCE) and another 1.76 million tonnes LCE inferred.

In March 2021, the U.S. Department of Energy Advanced Manufacturing Office selected American Lithium as a co-recipient of a grant funding 50 percent of the capital cost for a US$4.5 million lithium extraction hydroxide pilot plant.

This grant provides funding to complete field demonstration of selective leaching, purification and electrochemical production of battery-grade lithium hydroxide precursors from US claystone deposits like the TLC project. This announcement further legitimizes American Lithium as a major player in tackling the US’ domestic lithium supply problem.

The company has a robust capital structure and tight shareholder portfolio. Its market cap stands at US$141.8 million, with key shareholders largely consisting of retail investors, management and insiders. American Lithium currently has zero debt.

The American Lithium management team has a proven history of returning value to shareholders and years of combined experience in mineral exploration, resource development and project management. The company is led by CEO Andrew Bowering, who has founded, funded and grown a number of exploration companies in the last 30 years. Part of this roster are Cap-Ex Iron Ore (now ML Gold), Prime Mining (TSXV:PRYM), and Millennial Lithium (TSXV:ML).

American Lithium’s Company Highlights

  • American Lithium is focused on exploring and developing highly prospective lithium deposits across mining-friendly jurisdictions in the Americas. The company currently is operating its high-quality Tonopah Lithium Claims (TLC) project in Nevada, USA.
  • The company presents excellent investing opportunities and leverages surging global lithium demand, which is expected to rise exponentially by 2028. It could become a significant player in aiding the domestic lithium supply problem in the US.
  • The TLC project boasts strategic positioning in Nevada, ranked the top jurisdiction in the world for mining investment in 2020. The project also sits near the Tesla gigafactory and leverages excellent existing infrastructure.
  • TLC hosts unique metallurgical properties with high lithium concentrates, over 90 percent recoveries and fast leaching potential. Operational advantages also include low-cost mining and processing.
  • The company continues to expand its robust asset portfolio with the recent acquisition of the Macusani and Fulchani projects connected with Plateau Energy Metals Inc. (TSXV:PLU).
  • The company’s leadership has a proven track record of mining and exploration success across years of experience—their depth of management primes American Lithium for significant growth and economic prosperity.
  • American Lithium currently has zero debt.

American Lithium’s Key Projects

Tonopah Lithium Claims (TLC) Project

The TLC project spans 6,000 acres and is located five miles from Tonopah, Nevada, a historic regional mining center. The property hosts concentrated lithium mineralization up to 80 meters thick and widespread lateral extension.

In 2019, the company conducted an extensive sampling program that completed 18 reverse circulation drill holes and an additional five core drill holes. This program proved the presence of world-class lithium grades as high as 2,600ppm and laterally extensive mineralization for miles.

The alluvial deposit leverages unique mineralogy that originates from surrounding volcanic tuffs washed into a lacustrine freshwater basin to form sedimentary claystone. This geological profile enhances battery-grade lithium salt production potential and outstandingly short processing times. This perfect storm of mineralogy and operational advantages presents TLC with scalable production prospects compared to similar lithium projects.

The project’s near-term production plan includes completing a PEA into a PFS and submitting a Plan of Operations in 2021. Additionally, the company intends to design and test a pilot facility for later extraction facility construction.

American Lithium’s Management Team

Michael Kobler, B.Sc. — CEO & Director

Over the past 35 years, Michael Kobler has specialized in identifying, acquiring, developing and producing natural resource opportunities throughout the world, as well as overseeing the design and construction of several infrastructure projects. He has served in various roles for early-stage companies, including the chairman, CEO, president, technical advisor, engineer and project manager and has been a founder and a major shareholder in many of these ventures. Kobler has a strong record of success in the exploration, permitting and de-risking of resource projects. In 2005, Kobler was a co-founder and CEO of Osum Oil Sands Corp. He oversaw the analysis and acquisitions of the original oil sands leases that form the core of Osum’s projects Cold Lake and the Saleski carbonates, Alberta.

Andrew Bowering, B.A. — Director

Andrew Bowering is a venture capitalist with 30 years of operational experience and leadership in mineral exploration and development worldwide. He has founded, funded and built teams that have operated numerous companies to pursue precious, base and industrial metals from early exploration to production. Bowering is an owner and founder of Sunrise Drilling Ltd. and has owned and operated drilling companies for the past 20 years. He has held senior management positions in a variety of capacities. He has been responsible for the acquisition and sale of several assets and the raising of upwards of US$250 million in development capital. Bowering has operated and managed programs throughout North and South America and abroad. He is a founder, director and shareholder of Millennial Lithium Corp and other publicly traded companies primarily focused on the battery metals space.

Simon Clarke — Director

Simon Clarke brings 25 years of experience in building companies and implementing successful capital markets and growth strategies focused on mining, energy and energy technology. Most recently, Clarke was the founder, CEO and director of M2 Cobalt Corp., which sold to Jervois Mining Ltd. in June 2019. He offers significant experience and knowledge of the battery metals space and his roles with M2 Cobalt and Jervois Mining involved managing government and stakeholder initiatives relating to the supply of battery metals in several jurisdictions. In particular, he has first-hand experience of the critical minerals initiatives in the United States and the urgent need to develop domestic sources of supply of critical minerals, including battery-grade lithium. Clarke was a co-founder of Osum Oil Sands Corp. who, together with American Lithium CEO Michael Kobler, built a company valued over US$1 billion at its peak. He remains a board observer at Osum and is currently CEO of Apollo Gold Corp.

G. A. (Ben) Binninger — Director

G. A. Binninger is a chemical engineer who brings a wealth of experience in senior management and board roles over a career spanning more than 35 years. Binningerhas held several high-profile roles in various sectors, including mining, energy, materials, environmental and advanced technologies. He has direct experience in lithium and related minerals, having been CEO of Potash Minerals and a member of the Advisory Board of Millennial Lithium. He has also created sophisticated process and services companies for global leaders such as Rio Tinto and ARCO. Binninger will provide critical strategic advice as the development of the TLC Lithium Project continues to evolve in line with continued de-risking and as the need for large-scale, domestic lithium projects becomes more widely recognized.

Graham Ballachey — Vice President of Engineering

Graham Ballachey is a mechanical engineer with a physics and chemistry background and 13 years of experience within various industries, including combustion research, manufacturing, energy optimization, building design, project management, construction management, process development and product development. Ballachey has extensive experience in both experimentation, engineering and design, as well as the management of engineers, consultants, technologists and construction projects of over US$1.2 million in capital. He has successfully procured over $500,000 from government and utility grants.

 

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Green Technology Metals Logo

Green Technology Metals


Overview

Lithium prices have surged in the new year as an earlier than expected supply shortage, combined with the well-established battery and electrification thematic, fuels robust global demand. With only one operating lithium mine in North America, the United States has recognised its looming domestic lithium supply problem. In response, the National Blueprint for Lithium Batteries was developed to supply the rapidly growing EV market, support long-term U.S. economic competitiveness and meet national security requirements.

Already home to Electrovaya’s 200MWh facility in Ontario, Canada is considered a cornerstone of the battery supply chain and an important partner to the US. In recognition of this, UK-based Britishvolt and locally based Stromvolt are planning new gigawatt-hour scale cell manufacturing facilities in Canada. Naturally, companies with lithium projects proximate to growing downstream infrastructure present an interesting opportunity for investors.

Green Technology Metals Limited (ASX:GT1) is a mineral exploration company that recently listed on the ASX and is focused on the sustainable development of a portfolio of high-grade lithium projects in Ontario, Canada. The company’s current exploration program is targeting rapid and substantial expansion of what is already a significant resource base. Targeted future development of its lithium projects is focused on utilisation of regional low-carbon power sources, most particularly significant hydro power options. Green Technology Metals is led by a premier Board and senior management team with a track record of successfully delivering sustainable hard-rock lithium projects around the world.

Green Technology Metals

“We are perfectly located right in the beating heart of a growing North American battery ecosphere. You've got all of the downstream players nearby –– lithium converters and battery makers are popping up everywhere,” said Green Technology Metals CEO Luke Cox.

Company Highlights

  • Portfolio of three highly prospective lithium projects located in Canada including an existing JORC Mineral Resource estimate at the Seymour Project of 4.8 Mt at 1.25% Li2O (2.1 Mt Indicated and 2.7 Mt Inferred).
  • Phase 1 11-hole 3,500m drilling program at Seymour underway and due for completion in March 2022. Assay results for the first completed step-out hole have returned a thick and continuous intercept of 40m @ 1.54% Li2O (from 244m downhole), confirming the company’s geological modelling and drill targeting.
  • A sustainability focused business with strong ESG credentials. Green Technology Metals is actively evaluating low-carbon energy solutions and is targeting access to the Hydro One hydro power interconnector, delivering responsibly sourced power to future development of its lithium assets.
  • The company is led by a proven hard-rock lithium team with a successful track record of project delivery, including John Young (founder of Pilbara Minerals Limited, ASX:PLS, Mkt Cap A$6.2bn), Cameron Henry (founder of Primero Group Limited, EPC and Operations contractor to Piedmont’s North American Lithium Hydroxide Plant) and Patrick Murphy (Managing Director AMCI Group, a specialist natural resources group).

Green Technology Metals Portfolio

The company’s portfolio consists of the Seymour, Root and Wisa Projects located in Ontario, Canada. The projects are ideally placed to supply spodumene concentrate to a range of future converters, both locally and within the United States. Existing resource and exploration targets are just the beginning of the lithium deposition potential across the company’s landholding. Management believes that limited historical exploration combined with high prospectivity represents very strong discovery and exploration upside potential.

Green technology metals

Seymour

The Seymour Project is located in Northwest Ontario, Canada. It is situated approximately 60 kilometers from the town of Armstrong and approximately 230 kilometers from the major town and port of Thunder Bay.

In the 1950s, regional exploration began on the property conducted by government geologists, which eventually delineated an Archean Greenstone Belt.

Seymour now holds a JORC Mineral Resource estimate of 4.8 Mt at 1.25% Li2O (2.1 Mt Indicated and 2.7 Mt Inferred). The resource is open both along strike and down dip.

The project also possesses a defined Exploration Target of 22 to 26 Mt at 0.8% to 1.5% Li2O, with 7 kilometers of strike identified. There are also numerous discrete pegmatite occurrences exposed at surface with rock chip samples returned lithium grades up to 4.54 Li2O.

Seymour

Through the second half of 2021 Green Technology Metals completed a significant initial work program including review of historical exploration, drilling and mining information to build a geological database and model of Seymour. In addition, new LIDAR, aerial photography, composite 3D mapping and geophysical surveying of the property was completed.

An 11-hole 3,500m drilling program at Seymour is now underway and due for completion in March 2022. Assay results from the first completed step-out drill hole have returned a thick and continuous intercept of 40m @ 1.54% Li2O (from 244m downhole), confirming the Company’s geological modelling and drill targeting. This result represents an excellent start to the program and delivers immediate potential for growth in the existing Seymour Mineral Resource estimate.

Green Technology Metals plans to provide an updated Mineral Resource estimate during Q2 2022, post completion of the current drilling program.

Seymour Project

Root

The Root Project is located in Northwest Ontario, Canada. It is situated near the town of Slate Falls and approximately 300 kilometers from Thunder Bay.

Green Technology Metals has the rights to patented claims and a mining lease over the McCombe area, which hosts a dense pegmatite swarm. The pegmatite swarm was identified with implicit modelling and features significant grades and widths of up to 20 meters thick

The Root Project has a defined 4.8 kilometer Exploration Target of 20 to 24 Mt at 0.8% to 1.5% Li2O. Historical drilling confirmed depths greater than 100 meters. It also hosts four prospects with outcropping pegmatites offering walk-up drill targets.

Root Project

Wisa

The Wisa Project is located in Northwest Ontario, Canada. It is situated 8 kilometers from the US border and approximately 100 kilometers from the town of Fort Francis in the US. The project spans 18.9 square kilometers and is accessible by an established all seasons road that is 40 kilometers from the Trans-Canada Highway.

The Wisa Project is historically underexplored and has a defined Exploration Target of 8 to 10 Mt at 0.8% to 1.5% Li2O, which is supported by exploration results. The project hosts a primary pegmatite with widths exceeding 20 meters and a 1.5 kilometer corridor of mapped surface exposed pegmatite occurrences.

Wisa Project

Board and Management Team

John Young - Chairman

John Young is a highly experienced geologist. Young was a co-founder and executive director of Pilbara Minerals Limited (ASX: PLS) which is a successful ASX200 lithium producer. Young played a critical role in growing Pilbara from a junior ASX-listed company to a globally significant $2 billion lithium producer in the Pilbara region of Western Australia. Young currently serves as a non-executive director of ASX-listed Bardoc Gold Limited, Trek Metals Limited and RareX Limited.

Cameron Henry - Non-Executive Director

Cameron Henry is the founding managing director of Primero Group Limited, an engineering and construction contractor which holds globally recognised expertise in lithium processing and operations. At Primero Group, he led the company’s strategic and operational direction resulting in its successful listing on the ASX in 2018 and rapid growth globally.

He has been instrumental in positioning Primero Group to grow within the resources sector as a leader in sub-$300 million CAPEX EPC projects. His contribution includes ensuring Primero Group can differentiate its services offering across design, construction and operation. Primero Group now operates in several regions globally with annual revenues of approximately A$400 million.

Henry has over 20 years of industry experience in the development and delivery of minerals processing, energy and infrastructure projects across Australia, Indonesia and North and South America.

He has been a member of the Australian Institute of Company Directors since 2013. He has also previously held non-executive roles with ASX-listed resource company Titan Minerals Limited.

Patrick Murphy - Non-Executive Director

Patrick Murphy is a managing director at AMCI which is a specialist natural resources group. AMCI is a highly successful and fully integrated global business with exploration, development, production, processing, logistics and marketing expertise, inclusive of substantial bulk materials interests.

Murphy is an experienced mining investment professional. He has spent 13 years at AMCI and the global investment group Macquarie. He has specialized in deploying capital in the raw materials and mining industries for his entire career and is head of AMCI's iron ore business.

Murphy has global experience and a proven pedigree in identifying and successfully executing value-enhancing initiatives in the industry. He holds board positions for several AMCI companies.

Robin Longley – Non-Executive Director

Robin Longley is a geologist with extensive experience in global resources across the gold, nickel, cobalt, lithium and iron ore sectors. His experience includes the role of Managing Director at Helios Gold Limited. Before that, Longley was the general manager of geology for Sundance Resources in Africa from 2007 to 2015.

Longley has an impressive track record of successfully managing and executing exploration programs in a range of different locations. Longley has also delivered progressive results and mineral resources to bring shareholder value and underpin the development of mineral projects.

Longley is well-respected in the industry for his professional integrity, resource growth achievements and commercial leadership.

Longley is the managing director and CEO of Ardiden Limited.

Luke Cox - Chief Executive Officer

Luke Cox is a Professional Geologist and mine manager who has worked in the mining industry for over 25 years. His experience has encompassed exploration, mining and mining finance. Cox’s experience ranges across an extensive range of commodities, including nickel, cobalt, lithium, gold, iron ore and diamonds.

Cox has been involved in developing a considerable number of mineral deposits, including Murrin Murrin, Mlibizi, Mali Green, Binduli, Davyhurst, Francis Creek, Edna May, Greenfinch, Carina, Wodgina and Sunrise. Cox has also been involved in all stages of development from exploration to project feasibility, financing, mine development and operations.

Cox has worked in Europe, Africa, North and South America, the United Kingdom and Australia. He has been an integral part of the owners’ teams of numerous LSE, ASX, TSX-listed exploration and mining companies. Cox has worked extensively with these companies at both the board and executive levels. He also has significant experience in technical and commercial diligence with off-take customers, mining companies and investment groups.

Matt Herbert - General Manager North America

Matt Herbert is a multi-commodity geologist with more than 20 years of experience in mining, processing and rail that spans Australia and PNG. This experience includes start-ups, expansions and end-of-life mining environments.

He has a proven track record in high-intensity and large-scale operations with companies such as Rio Tinto and Fortescue Metals where he has undertaken management roles across the integrated supply chain.

Herbert is a well-respected member of the West Australian mining community.

Joel Ives - Chief Financial Officer and Company Secretary

Joel Ives is a finance and business advisory executive that specialises in CFO, accounting, and company secretarial services. Ives also specialises in mergers and acquisitions for private companies and ASX-listed and public small-cap companies across various industries.

Ives currently acts as the company secretary to Harvest Technology Ltd. (ASX:HTG), DigitalX Limited (ASX:DCC), Kuniko Limited (ASX:KNI) and OliveX Holdings Limited (NSX:OLX).

John Winterbottom - General Manager Technical Services

John Winterbottom is a professional geologist with over 25 years of experience in mining and exploration. His experience spans a large range of hard rock commodities, including gold, base metals, laterite nickel/cobalt and iron ore in both open-pit and underground settings. He has managed mining and exploration teams from junior to mid-tier companies. Winterbottom has experience transitioning projects from greenfield concept targets through advanced exploration, PEA, PFS, DFS, project development and operation.

Winterbottom has experience in Africa, Canada and Australia in a wide range of geological settings and deposits, including Fosterville (Kirkland Lake Gold), Rosebery (MMG), Dikilushi (Mawson West), Mt Rawdon (Evolution), Cracow (Evolution), Edna May (Evolution), Frances Creek (Territory Resources), Murrin (Minara Resources), the Superpit (KCGM) and Golden Grove (Newmont).

Winterbottom has extensive experience in ASX and TSX-listed companies. He has worked closely with executive teams and boards to maximize shareholder returns.

Andrea Johnstone - ESG and FN Manager

Andrea Johnstone has more than 10 years of experience in environment and governance compliance across large-scale mining operations that span Australasia and the Americas.

She has a deep knowledge of regulatory protocols required for start-up, steady-state and closure mining requirements. She brings with her a diverse range of experience, including approvals, setting up governance frameworks and managing operational compliance. During her career, she has continued to nurture strong stakeholder relationships in local indigenous communities. Johnstone has also fostered harmonious outcomes for mining companies and First Nations groups.

Jourdan Announces the Next Phase of Diamond Drilling at Its Flagship Vallée Project Aiming at Enlarging the Known Deposits

Jourdan Announces the Next Phase of Diamond Drilling at Its Flagship Vallée Project Aiming at Enlarging the Known Deposits

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORFF) (" Jourdan " or the " Company ") is pleased to announce that it is embarking on the next phase of diamond drilling on its flagship Vallée project. It is envisaged to drill 3600m or 18 holes of approximately 200m depth each. The aim is to significantly enlarge the known deposits in a northerly and easterly direction.

View of Vallée lithium property with envisaged Phase II drilling
https://www.globenewswire.com/NewsRoom/AttachmentNg/4c9b893e-e663-4ebd-a74d-89268b3fa70e

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Strategic Lithium Footprint Substantially Expanded

Green Technology Metals Limited (ASX:GT1) (GreenTechnology, GT1 or the Company) is pleased to announce that it has significantly increased its landholding in Ontario, Canada, via its wholly owned subsidiary Lithium Triangle Resource Ltd.

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Latin Resources

Diamond Drilling Set To Commence On Brazil Lithium Projects

Latin Resources Limited (ASX:LRS)(“Latin” or “the Company”) is pleased to confirm that diamond drilling will commence in early February on the Company’s Salinas Lithium Project in Brazil (“Salinas” or the “Project”), where the Company has defined multiple priority drill targets.

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large lithium battery

Top 9 Lithium Stocks (Updated January 2022)

Editor's note — This article was originally focused on the top Canadian lithium stocks, but has been expanded to cover the top lithium stocks globally. Click here to read about the top Canadian lithium stocks.

Lithium prices hit an all-time high in 2021 as electric vehicle sales went through the roof in key markets.

With interest in battery metals surging, plenty of lithium companies have experienced share price increases.

Here the Investing News Network takes a look at the top lithium stocks with year-on-year gains. The list below was generated using TradingView’s stock screener on January 20, 2022, and includes companies listed on the NYSE, TSX, TSXV and ASX; all top lithium stocks had market caps above $10 million when data was gathered.

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Power Metals Closes Equity Financing and Welcomes Sinomine as Partner

Power Metals Corp. (" Power Metals " or the " Company ") (TSX VENTURE : PWM)(FRANKFURT: OAA1)(OTC: PWRMF) is pleased to announce that it has closed its previously announced $1,500,000 equity financing with Sinomine Resource Group Co., Ltd., and the concurrent non-brokered financing of an additional $1,500,000 in units (the " Units ") for total gross proceeds to the Company of $3,000,000 .

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