The BLM and NDEP approvals follow the conclusion of an EA on the project that comprised a 30-day public comment process and the NDEP’s appraisal of the adequacy of the reclamation bond amount. The BLM received numerous letters of support for the project from the public and Nye County during the public comment phase for the Environmental Assessment.
American Lithium has offered a US$ 1,415,666 reclamation bond to the NDEP and BLM, via its surety agent, Smith Manus. As such, all approvals are currently in place to start drilling.
Q & D Construction LLC has been contracted to deliver a sonic core drill rig to finish the in-fill and resource extension drilling planned under the PO on the current TLC deposit, as well as extra exploration drilling beyond the current TLC resource area. This drill will complement the current reverse circulation drill presently performing exploration drilling at TLC North (Crescent Dunes). Drilling at TLC will begin soon.
We are extremely pleased to have the TLC Plan of Operations and Reclamation Permit approved and the finalization of our BLM and NDEP permits. We would like to thank our team and key advisors on the ground, and BLM and NDEP for their efforts throughout the process.
Simon Clarke, CEO, American Lithium
“This is a big step for the company and enables the launch of a major development program which we believe will provide all the data/results needed to move quickly from a robust, maiden PEA and into the pre-feasibility/feasibility phase on our core TLC Project. We are also excited about the resource expansion and infill drilling program at TLC as well as continuing our successful exploration drilling program following up on the thick lithium claystone discovery at TLC North,” Simon Clarke continued.
While our primary goal remains delivering the PEA as quickly as possible, the potential to significantly expand our measured and indicated resource numbers would also add significant value to the Project and provide even stronger positioning for the move into feasibility.
Simon Clarke, CEO, American Lithium
Qualified Person
Mr. Ted O’Connor, P.Geo., a director of American Lithium, and a qualified person, as stipulated by the National Instrument 43-101 Standards of Disclosure for Mineral Projects, has appraised and approved the technical and scientific data found in this article.