Work advances Vancouver-based miner American Lithium has announced that the company has initiated an Environmental Impact Assessment (EIA) hydrology drilling programme at its Falchani lithium project in Peru.
Simon Clarke, the chief executive of American Lithium, said in a statement his company is “very excited to be diamond drilling again at Falchani for the first time since before COVID-19. We are also pleased that this work and other recent successes will allow DRA Global to update the Falchani PEA. We anticipate this update will build on and improve the already robust economics of the original PEA and will further highlight the quality and scale of this large lithium deposit.”
In addition to the lithium project, American Lithium's investments in Peru's southern part include the Macusani uranium development project, according to data from the Canadian business.