Welcome to our dedicated page for Atlantic Lithium news (Ticker: ALLIF), a resource for investors and traders seeking the latest updates and insights on Atlantic Lithium stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Atlantic Lithium's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Atlantic Lithium's position in the market.
Alpha Lithium Corporation (TSX.V: ALLI) (OTC: ALLIF) has reported successful results from its Direct Lithium Extraction (DLE) studies at the Tolillar Salar in Argentina. The initial DLE tests yielded a lithium concentration of 4,540 mg/L with minimal impurities. The company aims to produce lithium carbonate and lithium hydroxide in future trials. DLE is expected to enhance efficiency, reduce capital and operational expenditures, and minimize environmental impacts compared to traditional methods. Further updates are anticipated within the month.
Alpha Lithium Corporation (OTC: ALLIF) has commenced drilling the deepest production well in its inaugural third phase drilling program at the Tolillar Salar in Argentina. The well is targeted at a minimum depth of 450 meters, exploring a potentially favorable aquifer identified from previous studies. The company plans to drill a fresh water well critical for Direct Lithium Extraction (DLE) processes, utilizing advanced logging technologies for resource estimation. Alpha is set to provide a NI 43-101 Resource Estimate following the completion of this phase.
Alpha Lithium Corporation (OTC: ALLIF) has completed Phase 2 drilling at Tolillar Salar, one of Argentina's last undeveloped lithium salars. The drilling involved two production wellbores of 100 meters and 350 meters, with slight supply chain delays resolved. Advanced Nuclear Magnetic Resonance technology was used for accurate logging. Alpha plans a NI 43-101 Resource Estimate post Phase 3 drilling, focusing on production efficiency. CEO Brad Nichol expressed excitement about advancing to the final drilling stage, coinciding with brine chemistry viability testing with Lilac Solutions.
Alpha Lithium Corporation (TSX.V: ALLI) (OTC: ALLIF) has engaged Lilac Solutions Inc to begin initial engineering work on Direct Lithium Extraction (DLE) for brine samples from its Tolillar Salar in Argentina. This collaboration aims to enhance lithium recovery and assess purity levels. The first stage will involve testing brine samples to determine lithium recovery rates and operating costs. CEO Brad Nichol highlighted the importance of DLE technology, noting their treasury of over $35 million is focused on achieving production at Tolillar. Lilac's technology could recover 80% of lithium efficiently.
Summary not available.
Alpha Lithium Corporation (TSX.V: ALLI) (OTC: ALLIF) has begun Phase Two of its drilling program at the 27,500-hectare Tolillar Salar in Argentina, a key area for lithium production. The company added a second rig to expedite drilling, aiming to complete a resource estimate under NI 43-101 standards. Recent financing of $20 million was oversubscribed, indicating strong institutional support. This effort, along with a new team of lithium chemistry experts, aims to enhance lithium extraction methods, marking significant progress in resource mapping and development within the Lithium Triangle.
Alpha Lithium Corporation (OTC: ALLIF) has completed geophysics utilizing Vertical Electrical Sounding (VES) technology, extending the investigation area in the Tolillar Salar. Previous results indicated lithium-bearing brine horizons. The geophysics program faced minor delays due to weather and COVID restrictions but remains on track for future operations. The firm aims to reinstate expired drilling permits and prepare for an upcoming drilling campaign following a successful funding round that added over $10 million to their treasury. Experts are analyzing the data for further insights.