Ameriwest doubles the size of its Thompson Valley Lithium property

Ameriwest Lithium was awarded six additional mineral exploration permits by the Arizona State Land Department to allow for expansion of its exploration for prospective lithium-bearing clays located in and around its Thompson Valley Property in west-central Arizona.

Ameriwest Lithium renewed its initial seven state permits plus a special land use permit. The additional permits now encompass acreage of about 3,410 acres awarded from the state. With the recently acquired Federal mining claims, total mineral rights have been nearly doubled to just over 6,890 acres in Yavapai County. The new lands consist of four permits to the north and east, and two permits to the south being all contiguous with current land holdings.

“After a highly successful initial surface sampling program at our Thompson Valley property which led to the discovery of surface or near surface lithium bearing clays, we are moving forward with an expanded surface sampling program that will allow Ameriwest’s technical team to better characterize this sedimentary clay deposit,” said David Watkinson, president and CEO, Ameriwest. “The data from the expanded surface sampling program will be used to define drill targets and allow the company to move forward with permitting process for a drill program. The goal of the drilling program will be to determine the depth of lithium bearing strata and to start the process of delineating potential lithium resources on the property, subject to exploration success.”