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Blanton Resources Corp. ( (TSE:USLI) ) has issued an announcement.
American Salars Lithium Inc. has acquired the Leduc East Lithium Project in Quebec, consisting of 101 mineral claims over 6,100 hectares. This acquisition is strategically significant as the project area shows strong indications of lithium enrichment, with historical pegmatite-borne feldspar showings and past mica and tourmaline production, which are indicative of lithium presence. This move positions American Salars to capitalize on the growing demand for lithium, enhancing its industry positioning with projects in key jurisdictions across North and South America.
More about Blanton Resources Corp.
American Salars Lithium Inc. is a company operating in the lithium industry, focusing on the exploration and development of lithium resources. The company has a global portfolio that includes advanced lithium resources in Argentina and an advancing lithium asset in Nevada. Their existing portfolio includes two NI 43-101 Compliant Inferred Mineral Resource Estimates, with significant lithium carbonate equivalent resources at their Candela 2 and Pocitos 1 Lithium Brine Projects in Argentina.
YTD Price Performance: 14.29%
Average Trading Volume: 110,424
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$2.21M
See more insights into USLI stock on TipRanks’ Stock Analysis page.