The Fort Worth Press - American Critical Minerals Mobilizes to the Green River Project to Commence Drill Pad Construction

USD -
AED 3.672498
AFN 64.000072
ALL 81.749675
AMD 361.829238
ANG 1.790365
AOA 916.999961
ARS 1520.6182
AUD 1.435204
AWG 1.8025
AZN 1.70141
BAM 1.738736
BBD 2.013113
BDT 122.835248
BGN 1.683441
BHD 0.376859
BIF 3004.049555
BMD 1
BND 1.277988
BOB 12.018598
BRL 4.9827
BSD 0.999498
BTN 96.321255
BWP 13.74945
BYN 3.070529
BYR 19600
BZD 2.010126
CAD 1.42235
CDF 2317.502545
CHF 0.833402
CLF 0.024665
CLP 973.900559
CNY 6.7046
CNH 6.70548
COP 3241.65
CRC 457.582291
CUC 1
CUP 23.987767
CVE 98.027275
CZK 21.743304
DJF 177.992132
DKK 6.658665
DOP 60.267153
DZD 134.602995
EGP 52.281298
ERN 15
ETB 160.999826
EUR 0.89079
FJD 2.24875
FKP 0.756613
GBP 0.754875
GEL 2.575047
GGP 0.756613
GHS 11.76434
GIP 0.756613
GMD 74.000231
GNF 8793.367857
GTQ 7.633975
GYD 209.114185
HKD 7.847895
HNL 26.85502
HRK 6.70959
HTG 130.883745
HUF 325.936026
IDR 17891
ILS 3.05425
IMP 0.756613
INR 96.585499
IQD 1310
IRR 1732150.000195
ISK 122.209767
JEP 0.756613
JMD 158.833596
JOD 0.709009
JPY 158.342501
KES 129.74032
KGS 87.449763
KHR 4048.665781
KMF 438.000234
KPW 900.000318
KRW 1340.049812
KWD 0.30977
KYD 0.832918
KZT 451.086377
LAK 22414.053679
LBP 89620.437891
LKR 330.430763
LRD 170.913197
LSL 16.554679
LTL 2.95274
LVL 0.60489
LYD 6.424999
MAD 9.967462
MDL 17.836473
MGA 4427.276647
MKD 54.741119
MMK 2099.06815
MNT 3597.6832
MOP 8.079585
MRU 40.020448
MUR 47.380108
MVR 15.410373
MWK 1733.127675
MXN 18.03683
MYR 4.086199
MZN 63.901691
NAD 16.569929
NGN 1327.039801
NIO 36.669552
NOK 9.570435
NPR 154.116418
NZD 1.78474
OMR 0.384505
PAB 0.99952
PEN 3.441808
PGK 4.44991
PHP 62.737498
PKR 276.829753
PLN 3.898025
PYG 5856.022048
QAR 3.6434
RON 4.764897
RSD 104.602642
RUB 84.75113
RWF 1475
SAR 3.74946
SBD 8.065041
SCR 13.934905
SDG 601.520636
SEK 10.02958
SGD 1.27934
SHP 0.754461
SLE 24.680293
SLL 20969.491881
SOS 571.497294
SRD 37.650397
STD 20697.981008
STN 22.15
SVC 8.745283
SYP 13002.000254
SZL 16.569655
THB 33.668498
TJS 9.215355
TMT 3.5
TND 2.99705
TOP 2.40776
TRY 49.197199
TTD 6.775035
TWD 31.870499
TZS 2652.354941
UAH 44.895875
UGX 4032.573522
UYU 40.334805
UZS 11795.000237
VES 872.77465
VND 25979
VUV 120.275684
WST 2.783099
XAF 584.320122
XAG 0.01649
XAU 0.000241991005
XCD 2.70255
XCG 1.801331
XDR 0.707052
XOF 584.320122
XPF 106.60194
YER 236.225012
ZAR 16.597825
ZMK 9001.160758
ZMW 19.765214
ZWL 321.999592
SSP 5720.889873
MXV 2.038601
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

American Critical Minerals Mobilizes to the Green River Project to Commence Drill Pad Construction
American Critical Minerals Mobilizes to the Green River Project to Commence Drill Pad Construction

American Critical Minerals Mobilizes to the Green River Project to Commence Drill Pad Construction

VANCOUVER, BC / ACCESS Newswire / June 22, 2026 / American Critical Minerals Corp. ("American Critical Minerals" or the "Company") (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) is pleased to announce it has commenced mobilization of a field crew to the Green River Project to complete drill pad construction. The Company has engaged Harrison Field Services, Inc., for pad construction and SWPPP monitoring. Harrison has been responsible for drill pad construction and reclamation of various drill pads for Anson Resources Limited's adjacent Green River Lithium Project (ASX:ASN)***. The Company anticipates commencement of drilling operations during July or August 2026.

Text size:

Dean Pekeski, CEO & President of the Company stated: "After the culmination of over 10 years of work the Company is excited to unlock the Potash, Lithium and Bromine potential of the Property, which shareholders have patiently awaited. We are confident our team will move towards unlocking the potential of the Paradox Super Basin".

The initial drill location at the Green River Project will be at the Duma Point AP-S-02 well which is within Utah State issued Permit 51690 (School and Institutional Trust Lands Administration, known as "SITLA" or "Trust Lands Administration"). This drill hole is a high priority target selected adjacent to historic oil and gas well Quintana Fed 1-1* which is:

  • The location of the highest historical grades within the Green River Project where logs measured eK2O=24.3% potassium chloride based on elog (eKCl)) over 5.9 metres**;

  • Within a flat lying portion of the regional anti-form (see press release dated October 15, 2025);

  • Selected as a high-priority drill target as part of the Company's newly issued National Instrument 43-101 Technical Report (see news release dated February 5, 2026)**.

The Company has engaged RESPEC Company, LLC ("RESPEC") to execute the 2026 Drill Programs (see news release dated April 23, 2026). American Critical Minerals has in place all the necessary regulatory requirements including the Notice of Intent ("NOI"), Storm Water Pollution Prevention Plan ("SWPPP") and Bonding approval (see News Release dated May 26, 2026). The Trust Lands Administration requires an additional $65,000USD security bond prior to the commencement of drilling which is in progress. As well, the Right-of-Way Encroachment Permit for county road access has been filed with the Granite County Road Department.

On behalf of the Board of Directors

Dean Pekeski, President & CEO

About American Critical Minerals' Green River Potash and Lithium Project

The Green River Project is situated within Utah's highly productive Paradox Basin, located 20 miles northwest of Moab, Utah. It has significant logistical advantages including close proximity to major rail hubs, airport, roads, water, towns, and labour markets. It also benefits from close proximity to the agricultural and industrial heartland of America and numerous potential end-users for its products.

The history of oil and gas production across the Paradox Basin provides geologic data from historic wells across the Project, and the wider Basin, validating and de-risking the potential for high grade potash and large amounts of contained lithium. Wells in and around the project reported lithium up to 500 ppm, bromine up to 6,100 ppm and boron up to 1,260 ppm (Gilbride & Santos, 2012). This data is reinforced by nearby potash production and the advanced stage of neighbouring lithium projects. The Paradox Basin is believed to be one of the biggest sources of lithium brines in the United States. (Source:AnsonFastmarketsPresentation- https://wcsecure.weblink.com.au/pdf/ASN/02823465.pdf).

The Company has disclosed targets for further exploration at the Green River Project consisting of 500 million to 950 million tonnes of sylvinite (the most important source for the production of potash in North America) grading from 12% to 18% potassium oxide based on elog (eK2O=19% to 29% potassium chloride based on elog (eKCl)). Its target for further exploration for Lithium and Bromine is 0.6-1.7 Mt lithium carbonate equivalent grading from 91-152 ppm; and 3.3-9.1 Mt bromine grading from 2,647-4,412 ppm.**

The Company holds a 100% interest in eleven SITLA mineral and minerals salt leases covering approximately 7,050 acres, 1,094 federal lithium brine claims (BLM Placer Claims) covering 21,150 acres, and 11 federal (BLM) potash prospecting permits covering approximately 25,480 acres. Through these leases, permits and claims the Company has the ability to explore for potash, lithium, and potential by-products across the entire Green River Project (approx. 32,530 acres). The Company is authorized to drill a total of 7 drill holes across the Green River Project.

Intrepid Potash, Inc. is America's largest potash company and only U.S. domestic potash producer and currently produces potash from its nearby Moab Solution Mine, which the Company believes provides strong evidence of stratigraphic continuity within this part of the Paradox Basin (www.intrepidpotash.com). Anson Resources Ltd. has advanced lithium development projects contiguous to the northern boundary of our Green River Project and neighbouring to the south. Anson has a large initial resource, robust definitive feasibility study and has recently completed successful piloting operations through its partnership with Koch Technology Solutions, as well as an offtake agreement with LG Energy Solution. The Anson exploration targets encompass the combined Mississippian Leadville Formation and the Pennsylvanian Paradox Formation brine-bearing clastic layers, which also underlie American Critical Minerals' entire project area (www.ansonresources.com).***

In 2022, the U.S. imported approx. 96.5% of its annual potash requirements with domestic producers receiving a higher sales price due to proximity to market (intrepidpotash.com/ August 15, 2024, Investor Presentation). In March 2024, the US Senate introduced a bill to include key fertilizers and potash on the US Department of Interior list of Critical Minerals which already includes lithium, and this process is well advanced with potash being added to the USGS Draft Critical Minerals List. In August 2025. Recent market estimates suggest that the global potash market is over US$50 billion annually and growing at a compound annual growth rate ("CAGR") of close to 5%. Annual lithium demand is now estimated to be over 1 million tonnes globally and continuing to grow rapidly.****

Qualified Person

The scientific and technical content of this news release has been reviewed and approved by Dean Besserer, P.Geo., the Chief Operations Officer of the Company and a qualified person for the purposes of NI 43-101.

*Historical data disclosed in this news release relating to historical wells from previous operators are historical in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company's future exploration work may include verification of the data. The Company considers historical results to be relevant as an exploration guide and to assess the mineralization as well as economic potential of exploration projects. Any historical well data disclosed are selective and may not represent true underlying mineralization. Please refer to the report titled "Amended and Restated NI 43-101 Technical Report, Green River Potash and Lithium Project, Grand County, USA' dated January 27, 2026, and available under the Company's profile at www.sedarplus.ca.

** The potential quantity and grades are conceptual in nature and there has been insufficient exploration to define a mineral resource, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a mineral resource under NI 43-101. Targets for further exploration for potash, lithium and bromine at the Green River Project are used to provide a conceptual estimate of the potential quantity and grade of a mineral deposit, based on known and additional limited geological evidence. It is an early-stage assessment that will help to guide further exploration, but it is not a mineral resource or mineral reserve and should not be treated as such. The report titled "Amended and Restated NI 43-101 Technical Report, Green River Potash and Lithium Project, Grand County, USA' dated January 27, 2026, and available under the Company's profile at www.sedarplus.ca provides details of the basis on which the targets for further exploration have been determined.

*** American Critical Minerals' management cautions that results or discoveries on properties in proximity to the American Critical Minerals' properties may not necessarily be indicative of the presence of mineralization on the Company's properties.

**** United States Geological Survey, Mineral Commodity Summaries, January 2024 (https://pubs.usgs.gov/periodicals/mcs2024/mcs2024-potash.pdf).

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release contains forward-looking information or forward-looking statements within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: statements with respect to the Company's future plans and potential of its mineral properties; and prospective funding of the Company.

Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking statements are based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. Forward-looking statements also involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A.

Forward-looking information contained herein are made as of the date of this news release and the Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact:
1100-1199 West Hastings St.
Vancouver, BC Canada V6E 3T5
T 604 551 9665
E [email protected]

SOURCE: American Critical Minerals Corp.



View the original press release on ACCESS Newswire

S.Jones--TFWP