Agoracom Blog

American Lithium Minerals (AMLM:OTCBB) Joins AGORACOM 100 With 16,000 Acres In Lithium Rich Montezuma Valley, Nevada

Posted by AGORACOM at 6:41 PM on Thursday, October 29th, 2009


I am very happy to announce that AGORACOM has added a very promising Lithium player to the AGORACOM 100 – American Lithium Minerals Inc.  As always, assume I am horribly conflicted by the fact AMLM is an AGORACOM client but here are a few reasons why I like the company:

First of all, the company is Lithium focused and we now know that Lithium is going to play an important role in the future of clean energy.  We’ll be educating you on this over the next 12 months but a good start is this article from CNET discussing Honda’s plans to incorporate Lithium batteries into future hybrid vehicles.  In addition, a Google search of “Lithium + Obama” brings up some pretty powerful articles.   However, for those of you with no time to link over and read the stories, the future of Lithium is best summed up in this 59-second YouTube video produced by the company:

As a result, the impending increased demand for Lithium will require new sources being brought on stream.

How is AMLM going to capitalize on this?  The company has 100% mineral rights to 16,000 acres comprising four claim blocks in Nevada’s lithium-rich Montezuma Valley.  What does this mean?  According to the company:

The volcanics surrounding the valley contain some of the richest lithium
concentrations in the world and their brines and evaporities have been
accumulating in the vast Montezuma and Clayton Valley for at least 33,000
years. These brines have the highest lithium content of any brines tested by
the USGS in the southwestern US.

AMLM is currently in the process of assessing the size, quality and processing alternatives of its Lithium Brine Project.

With respect to the surrounding area, the company states that early estimates put the valley’s lithium deposits as high as 700 million kg, ranking it second only in size to the deposits found in Chile.  I note two things here.  First, as with all area plays, deposits in a surrounding area do not necessarily equate into deposits for another area.  Second, neither AMLM’s Lithium Bring Project, nor the surrounding valley’s lithium deposits have been confirmed by an NI 43-101.

Finally, the metals and mining space is one place where you need real, experienced management if you are going to get anything done.  AMLM recognized this when they recently hired on Judy Baker to be the company’s President and CEO.  Her bio is sure to impress:


Ms. Baker has a long and successful track record in the mining/mineral exploration business and associated equity markets. Most recently Ms. Baker was the President, CEO and a director of Canada Lithium Corp., Ms. Baker was instrumental in restructuring the company and strategically positioning it into the forefront of the international lithium business. During her 20-month tenure the company’s market cap grew from $5 million to over $30 million, an over 600% increase. Ms. Baker holds an Honours B.Sc. Geological Engineering in Mineral Resources Exploration and a M.B.A., and has seventeen years of experience in the mining and mineral exploration sector including equity analysis, fund management; and exploration and mining company activity.


Now you know why American Lithium Minerals is AGORACOM 100 worthy and why we look forward to reporting on the company’s progress over the next 12 months and beyond.  To continue your research, I’ve provided some more information below to get you going.


Oct 29, 09 09:00AM
Oct 23, 09 09:02AM

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One Response to “American Lithium Minerals (AMLM:OTCBB) Joins AGORACOM 100 With 16,000 Acres In Lithium Rich Montezuma Valley, Nevada”

  1. frank symons says:

    what are your issues with AGORACOM / frank S