New Tech Minerals is pleased to announce results from an inaugural drill program recently completed on its La Escondida Silver-Gold project. The drill program consisted of 16 RC holes, totaling 1,780 m, and was designed to investigate areas where previous rock-chip sampling returned high silver and elevated gold values along portions of the exposed strike lengths of two prominent veins. Twelve holes intersected [...]
New Tech Minerals is pleased to announce that American Potash LLC, its wholly subsidiary, has entered into an option agreement with LiK Resources, pursuant to which the Optionee has been granted the right to earn up to a 100% interest in its Utah state leases for potash and mineral salts minerals along with 128 federal placer claims recently acquired by the Subsidiary. Under the terms of the Option Agreement, to earn a [...]
New Tech Minerals is pleased to announce that a maiden drill program has commenced at its La Escondida Silver and Gold project. The program is being carried out by Layne de Mexico, and will consist of approximately 2,000 metres of reverse circulation drilling, and will test along the known strike of the Centre and Southern veins which extend for 800 and 600 metres, respectively, with exposed widths of 1.5 to 3.0 metres.
New Tech Lithium has optioned a large property package approximately 4.2 kilometers southeast of Sokoman Iron Corp.'s flagship Moosehead high-grade gold project in Newfoundland. New Tech Lithium new property is approximately 4.0 km long by 1.5 km wide and located roughly on trend with the gold-mineralized mesothermal orogenic quartz vein system that is the current focus of Sokoman's exploration diamond drilling program [...]
New Tech Lithium are excited to announce signing of a LOI to lease the mineral rights for a property in Nevada containing known significant Cobalt mineralization. The mineral rights underlie an approximately 1 square mile Section owned by an arms-length private Nevada-based company. Cobalt mineralization at the property occurs as disseminated Cobalt-bearing pyrite associated with strong Na-Ca hydrothermal alteration in [...]
American Potash Corp. has announced a name change to New Tech Lithium Corp. Shares will begin trading under the new name and symbol on Monday, January 22, 2018.
VANCOUVER, Jan. 10, 2018 /CNW/ - American Potash Corp. is pleased to announce a non-brokered private placement for up to 10,000,000 Units at a price of $0.15 per Unit to raise total proceeds of $1,500,000. Each Unit will be comprised of one common share of the Issuer and one half of one common share purchase warrant of the Issuer . Each Warrant will be exercisable into a common share of the Company for a period of 12 [...]
American Potash have concluded acquisition of a 640-acre Colorado State Exploration Permit. The new state exploration permit adds 640-acres to AMP's Colorado Li Project, provides access to the property and adjacent Federal lands for up to 4-years, and allows for exploration and initial development activities of Li and other potentially valuable minerals concentrated in sub-surface brines. Subsequent to expiration of the [...]
American Potash is pleased to announce that it has signed a six month extension agreement with MGX Minerals. This extension is to allow time for our new partner, MGX Minerals to get oriented and to contribute MGX's vast experience in drilling to our joint project in the Paradox basin. This extension applies to our joint venture option agreement dated April 3, 2017. The extension agreement extends the funding requirement [...]
American Potash is pleased to provide an operations update on its two Li Brine exploration projects located in southeast Utah and southwest Colorado. The AMP technical team has prepared a preliminary operations plan for drilling two brine exploration wells on the Utah Lithium property as provided for under the previously released joint venture agreement with Power Metals (August 2, 2017). The plan includes developing [...]
American Potash is pleased to announce it has entered into a strategic partnership agreement with MGX Minerals whereby MGX may acquire certain interests held by the Company via an agreement to acquire Power Metals Paradox Basin JV rights with AMP. "We are extremely excited to now be working with MGX to move the Company's petrolithium project forward. We believe that MGX is not only a well-capitalized company but also the [...]
American Potash is pleased to announce acquisition of 608 US Federal placer mining claims, totaling approximately 12,000 acres, in the southeast extension of the Paradox Basin in San Miguel County, southwest Colorado. The new Colorado lithium claims plus previously acquired lithium claims and State leases in Utah bring the current total area of lithium claims and leases in the Paradox Basin of Utah and Colorado to [...]
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