Dec. 12, 2011
/PRNewswire/ -- AmeriLithium Corp. (OTC Bulletin Board: AMEL; "AmeriLithium" or "the Company") is pleased to announce having received positive results from the first stage exploration gravity survey on the Company's Jackson Wash lithium brine project in
Esmeralda County, Nevada
. In addition, on
Monday, December 5th
, the Company began its second stage of exploration on the Jackson Wash property, which will assist in delineating stratigraphic layering and structural complexity within the basin sediments identified by the first stage of exploration.
The first stage exploration report will be posted to the Company's website at
Magee Geophysical Services LLC, based in
, performed the first stage gravity survey from
October 18 to 22, 2011
. The survey's objective was to delineate the basin, including structures, identified by an earlier US Geological Survey (USGS) gravity examination of the entire region. A total of 146 gravity stations were used in the survey. Data from 106 gravity stations were acquired during the Company's survey with the remaining 40 stations being re-processed from archival USGS data during the interpretation of the data set.
AmeriLithium's consulting geophysicist, Mr.
of J.L. Wright Geophysics, processed the survey's data for interpretation. Mr. Wright's interpretation identified an elongate bedrock depression that occupies the north central portion of the Jackson Wash Basin. Proximity to outcrops of volcanic rocks on the nearby Montezuma Range that have tested high in lithium concentrations coupled with paleo-channels identified by the gravity survey suggest that lithium-bearing sediments and groundwater may be present in the subsurface at Jackson Wash. Further gravity survey result details are supplied below.
The second phase of exploration commenced on
Monday, December 5th
, and involves additional geophysical investigation of the Jackson Wash project. The project's 65 placer mining claims total ~2,450 acres (3.83 square miles), covering the deepest and largest portion of an identified gravity low to the east of
. Two east-west oriented controlled source audio magneto-telluric (CSAMT) lines with total length of 10.8 kilometers (~6.71 miles) are proposed to traverse the basin's center. As with other basin investigations in the Clayton Valley area, the CSAMT surveying will assist in delineating stratigraphic layering and structural complexity within the basin sediments.
AmeriLithium's Chief Executive Officer,
, commented: "We're fortunate to have once again received encouraging first stage exploration results on another of our
-based lithium projects. And we couldn't ask for anyone better than
to be interpreting our gravity survey data while providing insight for our ongoing second stage exploration. Jim's 40+ years experience in geophysical investigations and interpretation has proven invaluable to the Company, especially his background in interpreting gravity survey data over much of the
State of Nevada
GRAVITY SURVEY RESULTS DETAILS