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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.