other material
confidence high
sentiment neutral
materiality 0.40
American Battery Materials posts TRS for Lisbon Valley Lithium; no resources defined
AMERICAN BATTERY MATERIALS, INC.
- Technical Report Summary (May 15, 2023) for Lisbon Valley Lithium Project posted on company website.
- Project comprises 102 placer claims on BLM land in San Juan County, Utah; exploration stage, no resources or reserves.
- Historical brine from Superior Fed 88-21P well showed 730 ppm Li; target is Paradox Formation brines using DLE.
- Adjacent Anson Resources has defined lithium resource and DFS; no work conducted by ABM yet.
- Company plans to re-enter or drill a well to obtain brine samples; permits in process.