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American Lithium to start drilling at Fish Lake and Clayton Valley

Monday, November 28, 2016 9:03
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American Lithium Corp (CVE:LI) has received a revised drilling permit for a five well drill program at the Fish Lake Valley lithium project.

A further permit has been awarded for six wells at Clayton Valley, also in Nevada.

Drilling is expected to commence in early January on both sites to collect information on aquifer characteristics and test the lithium values in aquifer brines.

The company intends on deploying a sonic drill rig equipped to reach depths of 300m.

Mike Kobler, chief operating officer, said it had used previous exploration data to design a sonic drill rig capable of drilling to depths of 300 plus metres.

“This technique provides us with the most cost-effective and timely drilling possible.”

American Lithium has options over 22,332 acres including 18,552 contiguous acres in Fish Lake Valley and 1,540 acres at the Clayton Valley-1 Project.

Fish Lake Valley is just 38km from Silver Peak, the largest lithium operation in the US.

Story by ProactiveInvestors


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