HENDERSON, NV, Oct. 25, 2011 /PR Newswire/ -- AmeriLithium Corp. (OTC Bulletin Board: AMEL; 'AmeriLithium' or 'the Company') is pleased to announce the update of its corporate website at http://www.AmeriLithium.com. Included in the updates is information regarding positive results from gravity survey's completed on the Company's Clayton Deep & Full Monty lithium brine projects in Nevada; the strategic expansion of the Clayton Deep project by 1,360 acres; and information relating to the recent acquisition of the Company's Jackson Wash Nevada-based lithium project.
As currently outlined on the AmeriLithium website, analysis and interpretation of the August 2011 gravity survey's data on AmeriLithium's Clayton Deep property clearly recommends further exploration of the property. The results indicated the presence of a well-formed basin, evidently filled with Quaternary sediments while being highly prospective for lithium-bearing groundwater. Basin sediments are expected to be similar in nature to those from which Clayton Valley lithium production has historically been confined. The presence of drainage patterns showing evidence of fluid migration from Clayton Valley proper (to the north and east) and Silver Peak Range rocks (to the west) suggests hydraulic connection with several potential sources of lithium-rich groundwater.
The updated AmeriLithium website also profiles the Company's newly acquired 2,450-acre (3.83-square mile) Jackson Wash lithium brine project, which covers the center of an identified gravity low to the east of Clayton Valley in Esmeralda County, Nevada. In April of 2011, ALS Minerals assayed six obsidian samples from the property, which were determined to be anomalous in lithium at an average concentration of 107.6 ppm; by way of comparison, the average concentration of lithium in the earth's crust is 20 ppm (1).
'This website update now gives our existing and potential shareholders the most recent representation of our lithium projects portfolio and the exploration advances we've made on those properties to date,' said Matthew Worrall, AmeriLithium's Chief Executive Officer. 'We have also recently completed the data acquisition stage of exploration on our new Jackson Wash acquisition, and are in the final stages of developing a second stage exploration program for the whole of our Nevada based properties, covering Clayton Valley, Nye County, and Esmeralda County.'
FOR MORE INFORMATION
More information on AmeriLithium's projects, and additional information regarding the Company, can be found at AmeriLithium's corporate website www.amerilithium.com along with the facility to sign up for regular news updates.
ABOUT LITHIUM: Lithium is a lightweight metal used in a wide range of consumer products the world over: the medical industry uses Lithium as an anti-depressant; industrial uses include glass, ceramic and porcelain enamel manufacture; the aviation industry uses Lithium in alloys. Of particular interest is the use of Lithium for battery production, which has expanded significantly in recent years due to rechargeable Lithium batteries being used increasingly in electrical tools and in the rapidly expanding portable electronics market. Furthermore, the next generation of hybrid and electric vehicles are being designed to use high-capacity Lithium-ion batteries as environmentally-friendly fuel alternatives while the Obama administration has introduced $5 billion in funding and incentives for the development of a secure, domestic battery industry with special focus on Lithium-ion batteries.
ABOUT AMERILITHIUM: AmeriLithium is a publicly traded (NASD OTC BB: AMEL) mining company committed to progressively developing into one of the leading American players in the global Lithium industry. The Company is headquartered in Henderson, NV. AmeriLithium has amassed a Lithium portfolio consisting of ~727,419 acres, including four Nevada-based projects nearby the only Lithium producing plant in the US, a large project in Alberta, Canada, and a project in Western Australia.
ON BEHALF OF THE BOARD OF DIRECTORS,
Matthew Worrall, Chief Executive Officer
871 Coronado Center Dr.
Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. AmeriLithium Corp. bases these forward-looking statements on current expectations and projections about future events, based on information currently available. The forward-looking statements contained in this press release may also include statements relating to AmeriLithium Corp.'s anticipated financial performance, business prospects, new developments, strategies and similar matters. AmeriLithium Corp. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
1. WebElements 2011, 'Abundance in Earth's Crust'. WebElements.com. http://www.webelements.com/webelements/properties/text/image-flash/abund-crust.html. Retrieved 2011-09-28.
SOURCE AmeriLithium Corp.