Amlm.ob Is Hot Company That Should Be On Everybodys List, What Are You Waiting For

AMLM, American Lithium Minerals Inc., AMLM.OB

AMLM is a U.S.-based mineral exploration company focused on the development of lithium and boron resources in Nevada.

The countrys green energy legislation and long-term energy policies depend on developing a vibrant, domestic lithium-ion battery manufacturing sector.

AMLMs primary asset is the high-grade Borate Hills property in western Nevada, one of the worlds premier known lithium deposits and ranked by previous operator US Borax as the second-largest boron deposit in the U.S. A $4.5 million exploration and development program is aimed at completing an economic pre-feasibility study on the Borate Hills Project to advance the project to the feasibility stage.

Nevada is one of the worlds leading mining regions. The state supports North Americas only commercial lithium mine located 20 miles from Borate Hills.

AMLM intends to develop Borate Hills and its other lithium brine exploration projects through cooperation with international partners.

Japan Oil, Gas and Metals National Corporation (JOGMEC) has agreed to invest $4,000,000 in the Borate Hills Project to be a Joint Venture Partner in the Project. The JOGMEC investment will be instrumental in advancing the Borate Hills Project through the economic pre-feasibility stage.

Furthermore, AMLM has strategically position itself as a Montezuma Valley Nevada based lithium brine miner to support the growing demand for lithium based battery production in the USA.

AMLM owns 100% of the mineral rights to four claim blocks comprising some 16,000 acres strategically located in Esmeralda County Nevada in close proximity to major support centers and a local trained workforce. Work can be carried out all year round. Nevada has a long mining history.

The Clayton Valley area brines have been estimated to contain 700 million kg of Lithium to a depth of 1,200 ft. (Kunasz, 1975) The Clayton Valley area brines have the highest lithium content of all brines located in the southwestern United States.

The valley contains the only operating lithium mine in the US as well as the only lithium brine operation in the country, but only a fraction of this vast lithium resource is accounted for in the areas existing lithium operation.

Clayton Valley area is located in the center of Esmeralda County Nevada approximately 40 miles west of Goldfield and approximately 50 miles southwest of Tonopah. Access to the valley is by good paved road.

Lithium exists in Clayton Valley area in two modes: in solution within a brine and multiple solid phases such as hectorite (a clay mineral) and halite (evaporite salts).

Lithium brine resources are now the preferred method of lithium recovery. The easily-processed brine is the resource AMLM will exploit.

More about AMLM at www.americanlithium.com

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by: Bill Pennyman

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