Ameriwest Lithium Awarded Lithium Clay Rights in Arizona

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VANCOUVER, British Columbia, Sept. 28, 2021 (GLOBE NEWSWIRE) — Ameriwest Lithium Inc. (“Ameriwest” or the “Firm”) (CSE: AWLI) (OTC: AWLIF) (FSE: 5HV0), a North American lithium exploration and growth firm, is happy to announce it has it has been awarded seven exploration permits by the Arizona State Land Division to permit the Firm to probe for potential lithium-bearing clays situated on lands in west-central Arizona. The property totals almost 2,859 acres (1,157 hectares) in Yavapai County. Ameriwest refers back to the prospect because the Thompson Valley Hectorite Deposit (“Thompson Valley” or the “Property”).

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David Watkinson, President and CEO of Ameriwest said, “We’re happy to make this, the fourth of a collection of lithium exploration properties lately staked by the Firm in america. This residue represents potential lithium sedimentary mineralization with floor or near-surface publicity of lithium-bearing clays, with historic grades reported as corresponding to these present in comparable sedimentary deposits present in Clayton Valley, NV. Ameriwest’s technical workforce has put collectively a collection of high-quality exploration properties in a particularly brief time frame and every of those properties holds promise for the invention of lithium and, with exploration success, the potential delineation of mineral sources.”

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Floor clay deposits have been initially found within the space within the mid-1950’s by Joseph Lyles and have become often known as the “White Hills” deposits. The deposits comprise bentonite (montmorillonite) and hectorite clays. The deposits have additionally been sampled traditionally and are identified to comprise lithium. Exploration information from the 1960’s reveals lithium content material of the bentonite ranges from 0.3 to 0.5% Li2O (1,400 to 2,300 ppm Li), which has similarities to the lithium contents for different lithium-clay initiatives situated additional north in Arizona (Supply: Lithium Bearing Bentonite Deposit, Yavapai County, Arizona, J. J. Norton, Geology Survey Analysis, 1965). Observe that these are historic samples taken previous to the implementation of Nationwide Instrument 43-101 (“NI 43-101”), QA/QC procedures are unknown, and Ameriwest’s geologists can’t confirm the outcomes. The outcomes do point out the presence of lithium and warrant the necessity for extra exploration to guage the deposits.

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Mining operations within the space started in 1985 on the adjoining Lyles Hectorite Mine and it was reported that a number of truckloads of the white clay have been shipped per yr for restricted use as a viscosifier for cosmetics and prescription drugs. The mine is at present owned and operated by Vanderbilt Minerals, LLC, a subsidiary of R.T. Vanderbilt Holding Firm, a personal industrial minerals and chemical firm that has operated since 1916 and produces and sells industrial minerals and chemical compounds on a world-wide foundation.

The Lyles Mine is situated on a State mineral lease adjoining to Ameriwest’s lithium’s mineral leases and exploration permits. The deposits are shallow, occurring at or close to floor, maybe beneath a sandy or exhausting caliche layer. It has been reported that the general clay sequence is 70 toes (21 m) thick, containing a hectorite mattress with a thickness starting from 8 to 35 toes (2.4 to 11 m). That is supported by an older reference that signifies a thickness of over 40 toes (12 m) as a comparatively uniform deposit over the world. Observe that the neighborhood of Ameriwest’s Property adjoining to the Lyles Mine doesn’t assure exploration success or that mineral sources or reserves can be outlined. No mineral sources or reserves have but been delineated on the Property.

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Ameriwest can be shifting in direction of a area exploration program of geologic mapping and floor sampling to raised outline the extent and grade of the deposit. The placement has good entry and isn’t removed from State Freeway 93. A county street passes immediately by means of the prospect in an space often known as Thompson Valley. The lands are 120 miles (190 km) north of Phoenix, and a big copper mine is discovered close to Bagdad, AZ 35 miles (56 km) to the northwest.

Greg Bell, P.E. (Arizona), a professional individual beneath the NI 43-101 instrument, has reviewed and authorized the technical content material of this launch.

Ameriwest invitations stakeholders and shareholders alike to contact our investor relations workforce or go to our website and sign-up for normal information alerts which can assist present well timed updates of ongoing actions. Firm administration believes strongly in common communications, updates, and experiences from the sector, as an essential facet of growing informative and helpful engagement because the Firm continues to assist discover and develop the thrilling and quickly evolving lithium sector.

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On Behalf of the Board of Administrators,

David Watkinson
President and Chief Government Officer

For additional info, please contact:
Invictus Investor Relations
Tel: +1 (604) 343-8661
info@ameriwestlithium.com
https://ameriwestlithium.com/

About Ameriwest Lithium Inc. (CSE: AWLI) (OTC: AWLIF) (FSE: 5HV0)

Ameriwest Lithium Inc. is a Canadian-based exploration firm with a concentrate on figuring out strategic lithium mineral useful resource initiatives for exploration and growth. The Firm is at present targeted on exploring Nevada’s Deer Musk East property, situated within the prolific Clayton Valley, totalling 5,600 acres, the Railroad Valley property, totalling 6,200 acres and Edwards Creek Valley totalling 16,940 acres. Moreover, Ameriwest’s present useful resource portfolio consists of the ESN Mission, situated in White Pine County, Nevada, and the Koster Dam property, situated within the Clinton Mining Division of British Columbia, wherein Ameriwest has a forty five% curiosity.

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For extra info go to: https://ameriwestlithium.com/.

Warning Relating to Ahead-Trying Info

Sure statements contained on this information launch might represent ahead‐trying info. Ahead‐trying info is commonly, however not at all times, recognized by means of phrases comparable to “anticipate”, “plan”, “estimate”, “anticipate”, “might”, “will”, “intend”, “ought to”, and comparable expressions. Ahead‐trying info entails identified and unknown dangers, uncertainties and different components that will trigger precise outcomes or occasions to vary materially from these anticipated in such ahead‐trying info. The Firm’s precise outcomes might differ materially from these anticipated on this ahead‐trying info on account of regulatory selections, aggressive components within the industries wherein the Firm operates, prevailing financial circumstances, adjustments to the Firm’s strategic progress plans, and different components, lots of that are past the management of the Firm. The Firm believes that the expectations mirrored within the ahead‐trying info are affordable, however no assurance could be on condition that these expectations will show to be right and such ahead‐trying info shouldn’t be unduly relied upon. Any ahead‐trying info contained on this information launch represents the Firm’s expectations as of the date hereof and is topic to alter after such date. The Firm disclaims any intention or obligation to replace or revise any ahead‐trying info whether or not on account of new info, future occasions or in any other case, besides as required by relevant securities laws.

The Canadian Securities Trade has not in any method handed upon the deserves of the issues referenced herein and has neither authorized nor disapproved the contents of this information launch.

Ameriwest Lithium Awarded Lithium Clay Rights in Arizona Ameriwest Lithium Awarded Lithium Clay Rights in Arizona

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