June 27, 2010 (FinancialWire) (Investrend Information Syndicate) — AmeriLithium Corp. (OTCBB: AMEL) recently reported that the company's CEO, Matthew Worrall, together with Robert Allender, VP of exploration & chief geologist, as well as Robert Craig, P.E., chief mining advisor, recently undertook a two-day field trip to the company's three Nevada-based lithium properties – Paymaster, Clayton Deep and Full Monty – to establish next steps for the company's ongoing lithium exploration program.

The company stated that the primary objective of the field trip was to determine the most effective course to take in the exploration of the company's Nevada properties. More specifically, the group reviewed the recent findings from the Paymaster project's gravity survey, which identified three significant bedrock elevation lows that warrant further exploration, the largest of which was singled out as a possible trap for lithium-bearing groundwater migrating into the canyon from Alkali Flats to the east.

After studying geographical maps of the area, the group reported that AmeriLithium's portfolio of Nevada-based properties benefits from excellent positioning and mineral potential. As such, it was concluded that the most effective and efficient approach to moving the company forward is to concentrate its explorational efforts on the three properties in Nevada.

The company said that the significant factors contributing to this determination was the “excellent infrastructure” already in place in this “mining-friendly” region, and the proven Lithium resources located in Clayton Valley, where lithium-rich brines and evaporates have been accumulating for more than 30,000 years, resulting in the highest lithium content found in any brines tested by the U.S. Geological Survey (USGS) in southwestern U.S. playas and basins.

The company says that Clayton Valley is also home to the only U.S.-based lithium producing plant, operated by neighboring Chemetall Foote Corporation, a subsidiary of Rockwood Holdings, Inc. The plant is reported to have been in production since 1967, producing an estimated 50 million kg (55,000+ tons) of lithium to-date from the region's “rich” brines. AmeriLithium's Paymaster project is adjacent to the Clayton Valley playa, while the company's Clayton Deep project lies less than 10 miles southwest of the Chemetall lithium plant.

While in the field, the group also viewed the nearby Chemetall lithium producing facility, and discussed recent discoveries of other local mining exploration companies. Included among those was Rodinia Minerals, who recently reported an exploration sampling of brines that returned lithium values of up to 400 milligrams per liter and favorable magnesium-to-lithium ratios on their property, which is adjacent to AmeriLithium's Clayton Deep property.

Also during the field trip, the group discussed the direction of the company and any immediate actions that should be undertaken, including the implementation of quality assurance procedures to ensure that contractors deliver results that meet AmeriLithium's “exacting” standards.

With such procedures in place, the company claims it will be well positioned to maintain the track record it established throughout the recent Paymaster project gravity survey. GeoXplor Corp., who oversaw the survey, commented: "An independent geologist was retained from a NY firm to perform due diligence on all of the work, and reported back that all was impeccable. Also, due diligence on all geophysical work performed was considered highly professional."

Finally, the group discussed the finer points of the next stages of exploration on the Paymaster project, in order to gain the maximum amount of information available to facilitate the company receiving the ongoing financial investment required.

Matthew Worrall, AmeriLithium's CEO, commented on the field trip: "This was another successful and productive collaboration between a tight group of seasoned professionals. We now have a clearer focus that ever, and will be following up on all our findings and decisions on July 2nd, when the remaining advisors and I will meet to discuss the current and future demand of Lithium in the market place."

Other official information and company filings are accessible via the SEC website (at http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001448763).

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