Latest news with #AmericanSalars
Business Upturn
15-05-2025
- Business
- Business Upturn
AMERICAN SALARS ADDS LITHIUM BRINE EXPERT DR. MARK KING AS A TECHNCIAL ADVISOR AND QUALIFIED PERSON
By GlobeNewswire Published on May 15, 2025, 12:01 IST VANCOUVER, BC, May 15, 2025 (GLOBE NEWSWIRE) — AMERICAN SALARS LITHIUM INC. ('AMERICAN SALARS' OR THE 'COMPANY') (CSE: USLI, OTC: ASALF, FWB: Z3P, WKN: A3E2NY) announces the addition of Dr. Mark King PhD, PGeo, FGC, a world-renowned lithium brine expert, as a Technical Advisor and Qualified Person. Dr. King is a hydrogeologist with 30+ years of international experience in groundwater modeling and geochemistry. For the past 15 years, he has specialized in exploration and evaluation of lithium brine projects. His strong chemistry and numerical modeling background has proven to be an excellent foundation for brine exploration and quantitative evaluation. Consequently, his resource and reserve estimation experience on major brine projects is now arguably the most extensive of any geologist, hydrogeologist, or engineer in the world. Some notable past involvements include serving as a resource and/or reserve estimation Qualified Person for the following: Albermarle at Salar Atacama (Chile), Silver Peak (Nevada, USA) and Antofalla Salar (Argentina) Neo Lithium at the 3Q Salar, (Argentina) Lithium Americas at the Cauchari Salar, (Argentina) Vulcan Energy in the Rhine Valley, (Germany) Alpha Lithium at Tolillar & Hombre Muerto Salar, (Argentina) In addition, Dr. King and his team have conducted detailed due diligence reviews of 20+ advanced brine projects and reconnaissance reviews (and ranking) of 100+ greenfield to early-stage projects, in South America and the southern US. His technical team at GWI have advanced expertise in geological modelling, GIS, data management and 3D visualization. They will provide exploration and resource consulting services to American Salars from time to time. R. Nick Horsley, CEO & Director States, 'American Salars is yet again adding depth to its technical team. We are fortunate to welcome Dr. King and his team at GWI to American Salars and look forward to working together in our search for significant lithium salar projects. Mark is a globally recognized authority whose work has taken him to lithium brine projects throughout North and South America, and beyond.' About American Salars Lithium Inc. About American Salars Lithium Inc. American Salars Lithium Inc. is an exploration company focused on exploring and developing high-value battery metals projects to meet the demands of the advancing electric vehicle market. All Stakeholders are encouraged to follow the Company on its social media profiles on LinkedIn, Twitter and Instagram. On Behalf of the Board of Directors, 'R. Nick Horsley ' R. Nick Horsley, CEO For further information, please contact: American Salars Lithium Inc. Phone: 604.880.2189 E-Mail: [email protected] Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Disclaimer for Forward-Looking Information Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding American Salar's intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits American Salars will obtain from them. These forward-looking statements reflect managements' current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including American Salars results of exploration or review of properties that American Salars does acquire. These forward-looking statements are made as of the date of this news release and American Salars assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Hamilton Spectator
15-05-2025
- Business
- Hamilton Spectator
AMERICAN SALARS ADDS LITHIUM BRINE EXPERT DR. MARK KING AS A TECHNCIAL ADVISOR AND QUALIFIED PERSON
VANCOUVER, BC, May 15, 2025 (GLOBE NEWSWIRE) — AMERICAN SALARS LITHIUM INC. ('AMERICAN SALARS' OR THE 'COMPANY') (CSE: USLI, OTC: ASALF, FWB: Z3P, WKN: A3E2NY) announces the addition of Dr. Mark King PhD, PGeo, FGC, a world-renowned lithium brine expert, as a Technical Advisor and Qualified Person. Dr. King is a hydrogeologist with 30+ years of international experience in groundwater modeling and geochemistry. For the past 15 years, he has specialized in exploration and evaluation of lithium brine projects. His strong chemistry and numerical modeling background has proven to be an excellent foundation for brine exploration and quantitative evaluation. Consequently, his resource and reserve estimation experience on major brine projects is now arguably the most extensive of any geologist, hydrogeologist, or engineer in the world. Some notable past involvements include serving as a resource and/or reserve estimation Qualified Person for the following: In addition, Dr. King and his team have conducted detailed due diligence reviews of 20+ advanced brine projects and reconnaissance reviews (and ranking) of 100+ greenfield to early-stage projects, in South America and the southern US. His technical team at GWI have advanced expertise in geological modelling, GIS, data management and 3D visualization. They will provide exploration and resource consulting services to American Salars from time to time. R. Nick Horsley, CEO & Director States, 'American Salars is yet again adding depth to its technical team. We are fortunate to welcome Dr. King and his team at GWI to American Salars and look forward to working together in our search for significant lithium salar projects. Mark is a globally recognized authority whose work has taken him to lithium brine projects throughout North and South America, and beyond.' About American Salars Lithium Inc. About American Salars Lithium Inc. American Salars Lithium Inc. is an exploration company focused on exploring and developing high-value battery metals projects to meet the demands of the advancing electric vehicle market. All Stakeholders are encouraged to follow the Company on its social media profiles on LinkedIn, Twitter and Instagram. On Behalf of the Board of Directors, 'R. Nick Horsley' R. Nick Horsley, CEO For further information, please contact: American Salars Lithium Inc. Phone: 604.880.2189 E-Mail: info@ Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Disclaimer for Forward-Looking Information Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding American Salar's intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits American Salars will obtain from them. These forward-looking statements reflect managements' current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including American Salars results of exploration or review of properties that American Salars does acquire. These forward-looking statements are made as of the date of this news release and American Salars assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.
The Australian
08-05-2025
- Business
- The Australian
American Salars adds new Argentina project
Special Report: Canadian-listed American Salars is moving to expand its Argentinean portfolio with the signing of a letter of intent to acquire the Cauchari Ines 01 lithium brine project. American Salars acquiring the Cauchari Ines 01 lithium brine project in Argentina Sampling at the project has returned up to 383ppm lithium below the salt crust Project is close to existing plays such as Rio Tinto's Rincon salar The Cauchari project covers about 1235 hectares over part of the 2550km2 Cauchari Salt Lake basin and is known to contain lithium concentrations, with sampling returning up to 383ppm lithium from a depth of 30cm below the salt crust. It is located about 13km from Rio Tinto's Rincon salar – an approved US$2.5 billion development that will eventually export 60,000tpa of lithium carbonate – and about 80km from the town of San Antonio de Los Cobres with access provided by existing mining tracks and roads. There is also immediate proximity to railroads, electricity and gas pipelines. Cauchari Ines 01 sits within a known geological district with significant lithium and potassium sampling and is near the San Antonio de los Cobres and Pocitos industrial centre. American Salars (CSE:USLI) chief executive officer Nick Horsley says the potential of this section of the Salar de Cauchari is immense. 'Cauchari is a proven producing salar operated by Exar-Ganfeng & Lithium Argentina that produces battery grade lithium carbonate,' he added. 'The company will look to continue to increase its footprint on the Cauchari and Pocitos lithium projects.' The Cauchari project and surrounding lithium producers. Pic: American Salars Mineral potential The Cauchari Salt Lake is extended and narrow-shaped, sub-meridian oriented with a length of about 40 km with irregular borders and features historical production of borax minerals. Reconnaissance exploration has suggested the Cauchari Salt Lake is underlain by a structurally controlled sedimentary basin that forms an aquifer of over 250km2 with maximum depth ranging from 100-500m. Mineralisation in the Cauchari Salar include borates, sulphates, carbonates and brines rich in lithium, potassium, boron and rare earths. Significant concentrations of lithium were determined in brines from the Cauchari Salt Lake area at the northern end of the company's claim boundary. Growing lithium portfolio The letter of intent for Cauchari Ines 01 adds to American Salars' ongoing efforts to build a lithium portfolio in a counter-cyclical strategy timed to beat the eventual turnaround in the lithium market. It holds the Black Rock South lithium brine project in Nevada, USA, where phase 1 exploration last year highlighted up to 180.5ppm lithium. However, it is in Argentina where it holds the most ground centre around its flagship Pocitos project that covers 800 hectares of prime ground on the Pocitos Salar within the famed Lithium Triangle. The potential of this project was high enough that the company moved in March 2025 to expand Pocitos with signed letter of intent for the acquisition of the Salar de Pocitos project that increases its total landholding in this area by a whopping 1635% to 13,880 hectacres (138.8km2). This makes American Salars the second largest property holder on the Salar de Pocitos in Salta Province. It already has a gross non-JORC NI 43-101 resource of 760,000t lithium carbonate equivalent at the combined Pocitos 1 and third-party Pocitos 2 blocks, or net resources of ~456,000t LCE. Watch: Gaining ground in Argentina's lithium game This article was developed in collaboration with American Salars Lithium, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
Yahoo
02-05-2025
- Business
- Yahoo
American Salars Lithium to acquire Cauchari Lithium Salar project in Argentina
Public exploration company American Salars Lithium has signed a letter of intent (LOI) with an arm's-length vendor to acquire a 100% stake in the Cauchari Minas Ines 01 Lithium Salar project in Salta Province, Argentina. The project is a fully owned concession spanning 12km². The Cauchari Ines 01 claims cover approximately 1,235ha with lithium concentrations sampled up to 383 parts per million (ppm) lithium. The project is accessible via existing mining tracks and roads and is situated 13km from the Rincon salar owned by Rio Tinto. The area's infrastructure includes immediate proximity to roads, railroads, electricity and gas pipelines, enhancing the project's mining potential. American Salars CEO and director R. Nick Horsley said: 'The potential of this section of the Salar de Cauchari is immense. Cauchari is a proven producing Salar operated by Exar – Ganfeng & Lithium Argentina that produces battery grade lithium carbonate. The company will look to continue to increase its footprint on the Cauchari and Pocitos Lithium projects.' The geology of Cauchari is complex, featuring Ordovician sediments, tertiary sedimentary outcrops and tertiary vulcanites. Data from reconnaissance exploration programmes indicate that the Cauchari Salt Lake underlies a large, structurally controlled sedimentary basin that forms an aquifer of more than 250km². The basin is part of an endorreic system, with the Tocomar river as its main collector. The aquifer, potentially rich in lithium, has yet to have its effective porosity determined. In March 2025, American Salars Lithium signed an LOI with an arm's-length vendor to acquire up to 100% of the Salar De Pocitos project in Salta Province, Argentina, from Recharge Resources. American Salars has also announced that it has reached a settlement agreement with Ekeko concerning a lien placed on the Pocitos 1 project. This lien resulted from a payment deficit by Recharge Resources. The agreement involves a total of $200,000 (C$276,507) in cash payments for a full release of all liabilities against Recharge Resources, with payments due in May and September 2025. "American Salars Lithium to acquire Cauchari Lithium Salar project in Argentina" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
The Australian
24-04-2025
- Business
- The Australian
Long Shortz: American Salars
Tylah Tully speaks with American Salars (CSE:USLI) CEO and Director Nick Horsley about the company's aggressive acquisition and growth strategy across multiple Tier-1 jurisdictions. While many are taking a step back across the lithium sector, American Salars is charging ahead and is optimistic about the future for the battery commodity. Watch the full interview to learn more. This video was developed in collaboration with American Salars, a Stockhead advertiser at the time of publishing. The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
