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American Lithium Corp.

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Summary

Project:

TLC

Deposit:TLC
Location:United States
Commodities:Lithium
Date:5/21/2020
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:21-5-2020: American Lithium Corp. announces a Resource Estimation report for its TLC deposit at the TLC project. Initial Mineral Resource Estimate for Project. On January 24, 2020, American Lithium Corporation (American Lithium) contracted Stantec Consult
Resources:(Resources, M+I): 1,107Mt @ 912ppm Li
CP/QP:[Resource]: Derek Loveday, William Turner (Stantec Consulting International LLC)
ABSTRACT:On January 24, 2020, American Lithium Corporation (American Lithium) contracted Stantec Consulting Ltd. (Stantec) to prepare a Technical Report in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). The purpose of this Technical Report is to complete resource estimates for the TLC (Tonopah Lithium Claims) Property (the Property). Independent Stantec Qualified Person(s) inspected the Property on February 3, 2020. The Qualified Persons collected four outcrop samples for assay and eight core samples, which included six samples for assay and two samples for specific gravity measurements. The samples were transported by the Qualified Persons to the Bureau Veritas Mineral Laboratories (Bureau Veritas) in Reno, Nevada, on February 4, 2020. Reliance on other Experts The Qualified Persons did not rely on a report, opinion or statement of another expert who is not a qualified person, or on information provided by the issuer, concerning legal, political, environmental, or tax matters.

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