AmeriLithium Announces Positive Gravity Survey Results for Nevada-Based Full Monty Lithium Project

HENDERSON, NV, Oct. 13, 2011 /PRNewswire/ -- AmeriLithium Corp. (OTC Bulletin Board: AMEL; "AmeriLithium" or "the Company") is pleased to announce the first phase of exploration on the Company's Full Monty lithium prospect is complete, and has returned promising results. The Full Monty project represents a 5,280-acre block (8.25 square miles) of federal placer mining claims in Nye County, Nevada, that cover the gravity low of the intersection of the Montezuma Trough (gravity) lineament with the Big Smoky Valley lineament. Exploration phases and techniques are being employed to reach the goal of identifying a commercially viable lithium deposit at Full Monty.

Magee Geophysical Services ("Magee") conducted the detailed gravity survey, which delineated a previously identified geologic structural depression in the area in the form of a large, deep, elongate basin centered on the AmeriLithium-owned claim block. The basin measures approximately 11 by 17 kilometers (6.8 by 10.6 miles) with a maximum depth exceeding three kilometers (1.9 miles). Faults with major displacement bound most sides of the basin. Ancient stream channels are apparent in the data entering the basin primarily from the north and south. The size and configuration of the basin, and its proximity to a potential lithium source, make it an ideal candidate for further investigations and testing during the second phase of exploration on the Full Monty project.

Robert Allender, AmeriLithium's VP of Exploration and Chief Geologist, stated, "The areal extent of this structural depression and its extreme depth are promising indicators for the presence of lithium compounds trapped in basin sedimentary rocks and groundwater. Additional geophysical investigations are planned to determine the lithology, stratigraphy, and chemical composition of basin-fill sediments and contained groundwater."

The Full Monty gravity survey results will be posted shortly to the Company's website at http://www.amerilithium.com.

Matthew Worrall, AmeriLithium's Chief Executive Officer, added, "We're very excited by the positive results of the Full Monty gravity survey. It is yet another indicator of the potential of our four Nevada-based lithium projects." Worrall continued, "We're also excited to be finalizing the details for exploration on our recently acquired Jackson Wash lithium project in Nevada, which will include a CSAMT/MT (controlled source audio magnetotellurics / magnetotellurics) geophysical survey and an EM (electromagnetic) survey."

AmeriLithium has a 100% interest in the Jackson Wash lithium brine project in Esmeralda County, Nevada. The project's 65 placer mining claims total ~2,450 acres (3.83 square miles), covering the center of an identified gravity low to the east of Nevada's lithium-producing Clayton Valley.

ADDITIONAL FULL MONTY PROJECT, REGION & SURVEY DETAILS

The Full Monty claim block is situated over the intersection of the Montezuma and Big Smoky Valley structural lineaments within the northwest-southeast-trending Walker Lane structural belt. The gravity low, which characterizes the intersection of the two structural lineaments, was identified by the United States Geological Survey (USGS) during its gravity surveys of Nevada (USGS Open-File Report 80-611, 1980). Gravity lows such as the Full Monty Gravity Low are thought to be traps for lithium-bearing groundwater.

The Full Monty Gravity Low is immediately adjacent to the Cretaceous-age Hall porphyry intrusive body that is anomalous in lithium with a high geothermal gradient and may have been the source of lithium in sediments and groundwater in the vicinity of the Full Monty property.

Amerilithium's consulting geophysicist, Mr. Jim Wright of J.L. Wright Geophysics, stated, "The gravity survey defines a basin with dimensions 11 X 17 kilometers and a maximum depth exceeding three kilometers. Faults with major displacement bound most sides of the basin with paleo-channels entering primarily from the north and south. The extreme depth and association with development of the Walker Lane leads to the inference the basin is filled with late Tertiary to Quaternary clastic sediments. A high energy environment is postulated with very coarse material along the margins grading into finer material in the basin center. Large collapse blocks are also possible next to the main bounding structures."

Mr. Wright is a professional geophysicist with over 40 years experience in the field of geophysical investigations and interpretation. He has considerable experience in interpreting gravity survey data over much of the State of Nevada, and brings a wealth of knowledge of local geologic variations in the region.

Magee Geophysical Services ("Magee") conducted the Full Monty gravity survey. Magee specializes in gravity data collection, and has extensive experience in the region of the Full Monty project, particularly in the Clayton Valley area to the south.

FOR MORE INFORMATION

More information on the Full Monty lithium project, and additional information regarding the Company, can be found at AmeriLithium's corporate website www.amerilithium.com along with the facility to sign up for regular news updates.

ABOUT LITHIUM: Lithium is a lightweight metal used in a wide range of consumer products the world over: the medical industry uses Lithium as an anti-depressant; industrial uses include glass, ceramic and porcelain enamel manufacture; the aviation industry uses Lithium in alloys. Of particular interest is the use of Lithium for battery production, which has expanded significantly in recent years due to rechargeable Lithium batteries being used increasingly in electrical tools and in the rapidly expanding portable electronics market. Furthermore, the next generation of hybrid and electric vehicles are being designed to use high-capacity Lithium-ion batteries as environmentally-friendly fuel alternatives while the Obama administration has introduced $5 billion in funding and incentives for the development of a secure, domestic battery industry with special focus on Lithium-ion batteries.

ABOUT AMERILITHIUM: AmeriLithium is a publicly traded (NASD OTC BB: AMEL), mining company committed to progressively developing into one of the leading American players in the global Lithium industry. The Company is headquartered in Henderson, NV. AmeriLithium has amassed a Lithium portfolio consisting of ~727,779 acres, including four Nevada-based projects nearby the only Lithium producing plant in the US, a large project in Alberta, Canada, and a project in Western Australia.

ON BEHALF OF THE BOARD OF DIRECTORS,

AmeriLithium Corp.
Matthew Worrall, Chief Executive Officer

Contact:
AmeriLithium Corp
871 Coronado Center Dr.
Ste. 200
Henderson
Nevada
89052

Phone: (702) 583-7790
Fax: (702) 583-7791
Email: [email protected]
Web: www.AmeriLithium.com

INVESTOR RELATIONS:
Toll Free: 1-888-982-6374
Email: [email protected]

Certain statements in this press release are forward-looking and involve a number of risks and uncertainties.  Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended.  AmeriLithium Corp. bases these forward-looking statements on current expectations and projections about future events, based on information currently available.  The forward-looking statements contained in this press release may also include statements relating to AmeriLithium Corp.'s anticipated financial performance, business prospects, new developments, strategies and similar matters.  AmeriLithium Corp. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.

SOURCE AmeriLithium Corp.