American Lithium Confirms Historic Claystone Grades at North End of Nevada FLV Project
American Lithium Corp. Suite 1507-1030 West Georgia Street, Vancouver, British Columbia, V6E 2Y3
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American Lithium Confirms Historic Claystone Grades
at North End of Nevada FLV Project
Vancouver, BC, December 12, 2018 – American Lithium Corp. (TSXV: LI) (OTCQB: LIACF)
(Frankfurt: 5LA;) (“American Lithium” or the “Company”) has received historic assay data for samples
taken from Claystone sedimentary rocks on the Colorado Claims on the northern extension of its Fish Lake
Valley property. The highest-grade sample was confirmed using the SciAps Inc. handheld Z300 Laser -
induced breakdown spectroscope, (“LIBS”).
Four samples assayed by ALS Chemex in 2010 returned the following historic results:
Sample # Li ppm B ppm
RECON-312 500 320
RECON-313 930 500
RECON-314 580 160
RECON-315 304 280
*Sample results stated in the historic reports have not been verified by the Company, and readers are
cautioned not to place undue weight on such results. The historical grades are considered relevant;
however, the reliability, assumptions, parameters and methods used in preparing the reports are unknown.
The Company conducted an initial site visit on November 29 , 2018 of location Sample Recon -301 and
conducted on-site analysis using the LIBS* device. Three analysis returned Li assay values of 1142, 984
and 1037 ppm Li, averaging 1054 ppm Li, a 13% increase over the historic 2010 ALS Chemex numbers.
*The Z300 hand held LIBS analyser was calibrated for lithium using sample splits from American Lithium’s
nearby TLC Lithium project which has similar grade ranges to what is reported here. The TLC samples
were sent for analysis by ICP -MS with ALS Analytical in Reno Nevada. ALS returned pulp splits which
were used fo r the calibration process. Field assays are useful for prospecting and targeting but do not
replace formal third-party sample analysis.
The sample location s are found in the Rhyolite Ridge Tuff unit that hosts the nearby R hyolite Ridge
Lithium/Boron claystone deposit. Detailed sampling and mapping is planned to expand on the nearly one
by one half kilometer extent of this mineralization as well as identifying mineral extension beyond the
known samples. The Rhyolite Ridge Tuff has been mapped as extending to the north into the Company’s
GAP Claims.
Company CEO, Mike Kobler states, “The use of the Z300 handheld LIBS analyzer is a game changer as
we can prospect for lithium in real time. The assays provide a clear path forward for our lithium claystone
targeting strategy and it further expands on our exploration target area to the north and northeast of the Fish
Lake basin as we look to define an economically significant lithium claystone deposit.”
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American Lithium Corp. Suite 1507-1030 West Georgia Street, Vancouver, British Columbia, V6E 2Y3
americanlithiumcorp.com
About American Lithium Corp.
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American Lithium Corp. Suite 1507-1030 West Georgia Street, Vancouver, British Columbia, V6E 2Y3
americanlithiumcorp.com
American Lithium is actively engaged in the acquisition, exploration and development of lithium deposits
within mining-friendly jurisdictions throughout the Americas. The Company is currently exploring and
developing two projects, the FLV and TLC Projects, in the highly prospective Esmeralda Lithium District
in Nevada. These projects, within 30 miles of each other, are close to infrastructure, 3.5 hours south of the
Tesla Gigafactory, and in the same basinal environment as Albemarle’s Silver Peak Lithium Mine, and the
advancing deposits and resources including Ioneer’s (formerly Global Geosciences) Rhyolite Ridge and
Cypress Development’s Clayton Valley Project.
Historic samples were collected by Nevada Alaska Mining Co. and sent to ALS Chemex (now AL S
Analytical) in Reno Nevada for analysis by aqua regia leach ICPMS, (ME -MS41r). The technical
information within this news release has been reviewed and approved by Michael Collins, P.Geo., a
consultant to the Company and a qualified person under National Instrument 43-101.
For more information, please contact the Company at [email protected] or visit our website
at www.americanlithiumcorp.com.
On behalf of the Board,
American Lithium Corp.
Michael Kobler, Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking Statements
Statements in this release that are forward-looking information are subject to various risks and uncertainties
concerning the specific factors disclosed here. Information provided in this release is necessarily
summarized and may not contain all available material information. All such forward-looking information
and statements are based on certain assumptions and analyses made by American Lithium management in
light of their experience and perception of historical trends, current conditions and expected future
developments, as well as other factors management believes are appropriate in the circumstances. These
statements, however, are subject to a variety of risks and uncertainties and other factors that could cause
actual events or results to differ ma terially from those projected in the forward -looking information or
statements. Important factors that could cause actual results to differ from these forward-looking statements
include those described under the heading “Risks Factors” in American Lithium 's most recently filed
MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise the
forward-looking information contained in this news release, except as required by law. Readers are
cautioned not to place undue reliance on forward-looking information or statements.