American Lithium Corp. (TSX-V: LI) (OTCQX: LIACF) (FSE: 5LA1) is developing world-class lithium projects in the Americas and also has one of the largest underdeveloped uranium projects globally. The company has a near-term focus on mining-friendly jurisdictions and has an advantage when it comes to geographic and geological diversity in the development of world-class, scalable projects.

The company provided updates on the ongoing projects in Peru and Nevada.

Peru currently has ongoing presidential elections where the margin for victory has been razor-thin. The recounts are ongoing in the country as once the winner is announced, American Lithium has a large drill program planned

American Lithium has a large drill program planned in Peru and is awaiting the results of the Presidential elections in the country. The company is prepared to work with either side and the political landscape clears. The drilling permits for the project have already been received.

The company recently added 3 assets to its portfolio. The Falchani Lithium asset is a large-scale project with high-grade and high-purity deposits. The Macusani Uranium Project, the company's largest uranium asset, and the TLC Lithium Project in Nevada. 

American Lithium's technical team has made strong strides in Nevada. Additionally, the technical team in Peru is collaborating with a local lab.

American Lithium was a dip in their share prices flowing their recent acquisition. This was due to the previous legal challenges at the property and the uncertainty in lithium prices. The company is focused on ESG considerations as the push for domestically produced critical minerals continues to grow. In the US, a historic opposition against mining has been underway and along with the new US policy pushing towards EVs and a new economy in renewable energy generation.

The TLC project located at the Oregon border is an arid desert region where environmental work has already been concluded. This includes baseline studies on the culture, environment, and archaeology in the region.

The Clayton Valley Lithium Project already has the environmental work concluded as the company looks to further improve the efficiency of its water use. American Lithium acquired water rights along with the purchase of a nearby ranch.

Enviro Consultants, a UK firm was brought on board by the company to carry out lifecycle analysis. This is a part of finalizing the company's economic flowsheet. 

The company is developing a hydrochloric acid leaching process and roasting in parallel. The company continues to refine the process to 90% recovery where the 1200-1300 ppm samples can be upgraded to 2200 ppm for lithium-carbon recovery.

American Lithium has an environmental impact study planned and formal approval is expected in the coming months. The company is looking for a US listing as they have a key asset in the country along with a strong shareholder base.