Drill Results
American Critical Minerals Announces Large-Scale Exploration Targets for Lithium and Bromine for its Green River Project Complementing its Existing Exploration Target for Potash

KCLI · Price
Executive Summary
- Agapito Associates completed NI 43‑101 exploration target studies for lithium and bromine at the Green River Project, defining high‑case and low‑case resource estimates.
- High‑case estimate: up to 1.71 Mt LCE of lithium and 9.13 Mt of elemental bromine contained in ~2.11 billion m³ brine; low‑case estimate: 0.62 Mt LCE lithium and 3.29 Mt bromine in ~1.27 billion m³ brine.
- The company now holds three large exploration targets (lithium, bromine, potash) and is positioned to commence confirmation and resource drilling in the coming months.
Key Details
- Lithium Exploration Target – Brine volume 1.27–2.10 billion m³; grade 71–216 ppm (high case) or 42.9–129.8 ppm (low case); resulting in 0.62–1.71 Mt LCE.
- Bromine Exploration Target – Brine volume same as lithium; grade 3,656–4,741 ppm (high case) or 2,194–3,656 ppm (low case); total bromine 3.29–9.13 Mt.
- Potash Exploration Target – Conceptual target of 0.6–1.0 billion t sylvanite with 12‑18 % K₂O (eK₂O) or 19‑29 % KCl (eKCl).
- Geologic Basis – Targets derived from historic oil & gas well data (23 wells for lithium/bromine, 18 wells for porosity), analogues to adjacent projects, and over 50 years of potash production at nearby Moab Mine. Effective porosity ranges: 10.3‑20.7 % for clastic zones; 5.1‑8.5 % for Mississippian Leadville Formation.
- Tables Summary – Detailed high‑case and low‑case tables provide per‑zone aquifer thickness, volume, effective porosity, brine volume, grades, total metal (t) and LCE/Bromine tonnage.
- Drilling Plans – Company holds permits for 7 drill holes (4 recently approved pending bonding) and intends to test all three minerals in each hole during upcoming confirmation drilling.
- Management Commentary – CEO Simon Clarke highlighted the milestone, the synergy with neighboring Anson Resources’ work, and the strategic advantage of having multiple large‑scale targets on a single project.
- Qualified Person – Dean Besserer, P.Geo., COO, reviewed and approved technical content per NI 43‑101.
Notable Quotes
“This is a big milestone for the Company… The work now done by Agapito in defining exploration targets for lithium, and also bromine takes this potential a step further and showcases the large‑scale potential of the Green River Project.” – Simon Clarke, President & CEO
All forward‑looking statements are subject to risks and uncertainties detailed in the full release.
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Jun 29, 2026 · 18:07