Amerilithium Corp. announced that it has received a new technical report on the company's Jackson Wash Lithium Brine Projectin Esmeralda County, Nevada. According to the report, the Jackson Wash Project has the potential to contain economic lithium resources.

As such, the company confirms the location of its previously identified 4 drill hole locations as part of a permitted 10-hole drilling exploration plan for the Jackson Wash Project that is designed to identify the presence, quantity, and quality of any lithium-bearing groundwater present in the property's subsurface. The Jackson Wash property is comprised of 65 unpatented placer claims totaling 2,450 acres (991 hectares). The claims cover the Jackson Wash Basin Gravity Low, previously identified by a regional United States Geological Survey gravity investigation.

The geologic formations that compose the surrounding mountain ranges contain unusually high concentrations of lithium. Amerilithium's past geophysical investigations have identified geologic formations and structures that are consistent with the lithium-bearing brine deposit models that are elsewhere present in Clayton Valley. Furthermore, the geophysical signature of these formations and structures suggests they are similar in nature to those currently being exploited for lithium brines at other facilities.

Based on the results from the preliminary exploration geophysics, the project warrants further investigation. The next logical steps in the process of exploration for the Jackson Wash Project include drilling and sampling of the sediments and groundwater in the basin. Physical examination of the drill cuttings and laboratory analysis of water and sediments is the most cost effective way to determine the presence or absence of economic lithium deposits beneath the property.

The company has received approval from USBLM for a 10-hole drilling program on the Jackson Wash property. The first four holes are designed to test specific structural and stratigraphic targets identified by the geophysical surveys. Based on the success of the first four holes in finding brine aquifers and anomalous lithium contents, the additional six holes would be placed to expand on the information about hydrogeology and lithium mineralization that might be discovered.

The initial exploration program is proposed to consist of drilling 4 reverse circulation drill holes to a maximum depth of 2,770 feet (845 meters). Average drill hole depth is anticipated to be approximately 1,898 feet (579 meters). All drill holes will be vertical in orientation.