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Simon Clarke moves to Chairman
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American Critical Minerals has voluntarily filed a National Instrument 43-101 Technical Report supporting the exploration targets for Potash, Lithium and Bromine.
2.1 billion cubic meters (brine volume) grading from 71.6 to 216.3 parts per million lithium****
2.1 billion cubic meters (brine volume) grading from 3,656 to 4,741 parts per million bromine
Potash Exploration Target of 0.5-1.0 billion tonnes ("Bt") of sylvanite grading from 12% to 18% potassium oxide based on elog (eK2O=19% to 29% potassium chloride based on elog (eKCl))**
The Existing Seismic Data and interpretation for the Northern Portion of the Property from four 2D Seismic reflection lines has recently been reviewed by Agapito with respect to Potash Cycles 5, 13 and 18 as well as Paradox and Leadville clastic intervals.
A time structure map of the top of the Paradox Formation salt was constructed.
Geologic modeling based on tops picked from existing oil and gas wells supports the interpretation of a gentle regional dip in the cycles of interest.
This interpretation supports relatively flat lying potash cycles (dip approximately 4% to the north) which further supports the potential of suitability for solution mining.
The data further demonstrates a northward thickening of the Paradox Formation along with high-angle faults, which may correspond to increasing both the quality (through potential chemical enrichment) and the volumetric potential of brines.
2.1 billion cubic meters (brine volume) grading from 71.6 to 216.3 parts per million lithium (1.7Million Tonnes Lithium Carbonate Equivalent "LCE" high case)****;
2.1 billion cubic meters (brine volume) grading from 3,656 to 4,741 parts per million bromine (9.1 Mt Bromine high case);
Existing Potash Exploration Target of 0.6-1.0 billion tonnes ("Bt") of sylvanite grading from 12% to 18% potassium oxide based on elog (eK2O=19% and 29% potassium chloride based on elog (eKCl) ***.
Intrepid Potash continues to Increase Potash Production as Potash Prices Continue to Rise
Anson Resources Builds on Successful Lithium Pilot at Green River with Commencement of Resource Conversion; 44% increase in LCE Grades and MOU with POSCO Holdings all Recently Announced
Company also notes "Industry Leading Results” from Anson Resources' DLE Pilot with KOCH - Both these Developments have Major Positive Implications for Company's Green River Project*
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