America imports more than 94 per cent of its potash and domestic production has fallen 65 per cent since 1999. At the same time, U.S. lithium production has declined from 37 per cent of global output to just one per cent, despite holding four per cent of the world’s reserves – yet both potash and lithium now appear on the USGS critical minerals list, and the U.S. Government has committed billions to securing a domestic supply chain.
The answer may well lie in the Paradox Basin in southeastern Utah, producing potash commercially since 1963 and hosting significant lithium and bromine targets within the same system. American Critical Minerals Corp. is advancing its Green River Potash, Lithium, and Bromine Project at the centre of that basin, 20 miles northwest of Moab, with proximity to rail, airport, roads, water, and communities.
The company is neighboured by two of the most advanced critical minerals projects in the region. Intrepid Potash – America’s largest potash producer – operating its nearby Moab Solution Mine from the same Paradox Formation potash cycles, providing strong evidence of stratigraphic continuity within the basin. Anson Resources holds advanced lithium development projects contiguous to the northern and southern boundaries of the project, with large initial resources, robust DFS, offtake with LG Energy, successful piloting through Koch Technology, and partnership with POSCO Holdings. Anson is focused on the combined Leadville and Pennsylvanian Paradox Formation brine-bearing clastic layers, which also underlie KCLI’s project area.***
Historic oil and gas wells across the project provide geologic data validating and de-risking the potential for high-grade potash and significant contained lithium. Wells on the property have reported potash mineralization from e-logs with intercepts up to 5.9 metres at 24.3 per cent eKCl being reported from two wells. The company has disclosed targets for further exploration at its 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 per cent to 18 per cent potassium oxide based on elog (eK2O=19 per cent to 29 per cent potassium chloride based on elog (eKCl)). Its target for further exploration for lithium and bromine is 0.6 to 1.7 Mt lithium carbonate equivalent grading from 91 to 152 ppm, and 3.3 to 9.1 Mt bromine grading from 2,647 to 4,412 ppm.**
The company holds a 100 per cent interest in 11 SITLA mineral leases, 1,094 BLM lithium brine claims, and 11 BLM potash prospecting permits covering approximately 35,530 acres, providing the ability to explore for potash, lithium, and potential byproducts across the entire Green River Project. Seven drill holes are authorized and permitted, with RESPEC engaged to execute the program.
The goal is straightforward: use modern drill data to prove that the horizons developed by neighbouring operators extend into the Green River Project’s land package and to validate historic drill data across and surrounding the project. Thus, offering leveraged exposure to potash, lithium, and bromine from a single asset. With newly appointed CEO, Dean Pekeski bringing 33 years of largely potash-focused exploration, development, and operations experience, KCLI’s primary task now is to confirm the potential derived from historic oil and gas wells into an NI 43-101 compliant resource for both potash and lithium. Drilling is expected to commence in Q3 2026.
Notes & Disclaimers
*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 January 2026 NI 43-101 Technical Report 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 January 2026 NI 43-101 Technical Report 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 its properties may not necessarily be indicative of the presence of mineralization on the company’s properties.
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