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AmeriLithium (OTC.BB) AMEL Goes for Gold

/ Nevada-based AmeriLithium Corp. (OTCBB: AMEL) is positioning itself to join the leading players in the global Lithium industry. AmeriLithium, best known for its Nevada-based projects, also has large projects in Alberta, Canada, and Western Australia. The increasing demand for rechargeable lithium batteries for electronics and hybrid and electric vehicles is driving this growth led by industry giants such as BHP Billiton (LSE: BLT.L) and Rio Tinto (LSE: RIO.L). As the popularity of tablet computers such as the iPad and the promise of next-generation electric cars fueled by lithium batteries grow, the future looks promising for the lithium industry.

Increased demand for lithium has not stopped AmeriLithium from diversifying. In Western Australia, the company has begun exploration and is progressing towards drilling in an area with an identified gold trend near one the country's largest gold deposits at Boddington.

AmeriLithium's targets in this exciting new gold province have positioned the company at the ground level of exploration. With access to 175 square kilometers alongside previous gold discoveries, the prospects are good for large-scale gold mineralization. Other companies active in the area are vying for resources and access, a sure sign of good prospects.

To capitalize on its advantage and the gold prospects of the Australian mining properties, AmeriLithium entered into a joint venture with Australia-based Strategic Resource Management Pty Ltd. The joint venture will manage and oversee development of over 43,000 acres around and abutting Lake Dumbleyung in Western Australia. The opportunity to explore for gold is a value-added component of the lithium exploration in the region.

Upon completion of its geophysical study of the company's three properties in Western Australia, AmeriLithium's CEO, Matthew Worrall, commented: "Our joint venture with Strategic Resource Management continues to enable us in exploring and developing our Australian holdings. And with the geophysical study pointing to the potential for gold mineralization, we're looking forward to moving ahead with our 2012 drilling program to better assess the gold and lithium potential of our holdings."

To meet the growing demand for both lithium and gold, AmeriLithium has assembled an exceptional team of proven management professionals with extensive experience across the mining, technology and energy industries. Together, they aim to take full advantage of the unparalleled opportunities presented by the ever-growing demand for lithium powered technology and the perennial favorite, gold, through the exploration of the world's richest mineral deposits. With lithium, AmeriLithium welcomes the challenge of pioneering energy alternatives that provide relief from controlling oil markets while leading the way in growing a new domestic lithium marketplace.

With a market capitalization of $2.6 million, Amerilithium trades at a fraction of its potential valuation, especially if it's successful in its gold exploration. Market experts are calling the outlook for lithium consumption in 2013 optimistic and for gold demand to continue to be strong. AmeriLithium is poised to meet that demand.

Seraphim Strategies
Lou Levenstein

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