tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

American Salars Lithium Identifies New Pegmatites at Jaguaribe Project

Story Highlights
  • American Salars discovers 14 new pegmatites at Jaguaribe Project in Brazil.
  • Discovery highlights potential for significant lithium-bearing system, prompting further exploration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
American Salars Lithium Identifies New Pegmatites at Jaguaribe Project

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Blanton Resources Corp. ( (TSE:USLI) ) has issued an announcement.

American Salars Lithium Inc. has announced the discovery of 14 new pegmatites during an initial geological reconnaissance at its Jaguaribe Project in Ceará State, Brazil. This discovery, which includes anomalous values in tantalum and niobium, underscores the project’s potential to host a significant lithium-bearing system and aligns with the geological characteristics of nearby successful exploration areas. The company plans to advance the project with detailed geological mapping, systematic geochemistry, trenching, and drilling, leveraging the region’s excellent infrastructure and connectivity to North American and European battery chemical markets.

More about Blanton Resources Corp.

American Salars Lithium is an exploration company focused on exploring and developing high-value battery metals projects to meet the demands of the advancing electric vehicle market.

Average Trading Volume: 140,497

Technical Sentiment Signal: Sell

Current Market Cap: C$560.6K

For an in-depth examination of USLI stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1