09:09 AM EDT, 04/18/2017 (MT Newswires) -- American Lithium Corp.  (LI.V) - near a 52 week low of $0.12 - announced Tuesday revised sample results from near surface auger sampling on the North Playa, Fish Lake Valley, Esmeralda County, Nevada. A statement noted 54 brine samples from the North Playa project were identified as erroneous in November of 2016. The 54 samples have been re-assayed by ALS Minerals in their Vancouver, BC facility utilizing the ICP AES analysis process.

LI also announced brine sample assay results from near surface auger sampling and brine and sediment samples for shallow sonic drilling on the North Playa, Fish Lake Valley, Esmeralda County, Nevada. Results from the final 162 near surface brine samples are presented. A statement said results from the ALS assays of the complete sample set range from trace to 300 mg/l. "The lowest concentrations encountered lie along the Southeastern bounds of the sampling area and are interpreted to represent a delineation in structural compartments following structural trends in Fish Lake Valley." The statement added the highest grouping of assay values, 55 samples from the center of the North Playa, contains concentrations averaging 160 mg/L and a range of 100 ml/L to 300 mg/L. "These results are congruent with the expectation that the lithium brines should have the highest concentrations in the playa center."

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