American Critical Minerals to Attend GIGA USA 2026 Conference in June
2026-06-07 17:30
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en.Wedoany.com Reported - American Critical Minerals Corp. will attend the Benchmark Mineral Intelligence GIGA USA 2026 conference in Washington, D.C., from June 9 to 10, 2026. The company's core project is the Green River Potash and Lithium Project located in Utah.

The GIGA USA 2026 conference will bring together government officials, financiers, and industry participants in the critical minerals sector for networking, deal-making, and policy discussions centered on U.S. energy security. American Critical Minerals plans to meet with government representatives, agencies, and other strategic parties during the conference, focusing on how progress at the Green River Project can help strengthen the supply chain for domestic strategic battery minerals, critical fertilizers, and minerals needed for food security. The company will also engage with investors, strategic industry participants, and stakeholders to advance exploration and development of the project.

Attending on behalf of the company are CEO Dean Pekeski. Pekeski has deep technical knowledge of potash discovery, development, and extraction, and has successfully applied for funding from U.S. government agencies such as the U.S. Department of Agriculture (USDA) and the Export-Import Bank of the United States (EXIM). The company will leverage these relationships to explore government financing opportunities. Chairman Simon Clarke will also attend; he has over 10 years of experience in critical minerals development, previously served as CEO of American Lithium, and has made presentations to multiple government agencies. Company director Eric Miller, President of the Potomac Strategy Group in Washington, D.C., will also attend, bringing extensive experience in helping critical minerals companies navigate government initiatives.

Dean Pekeski, CEO and President of the company, stated that attending the Benchmark GIGA USA 2026 conference is an excellent opportunity to connect with major lithium producers, developers, explorers, and other strategic parties and investors. The company also plans to meet with relevant government agencies and political leadership while in Washington, as U.S. initiatives to accelerate critical minerals permitting and financing are gaining momentum, and will also participate in meetings with potential investors.

The Green River Project is located in Utah's prolific Paradox Basin, 20 miles northwest of Moab, near major rail hubs, airports, highways, water sources, towns, and labor markets, and adjacent to the U.S. agricultural and industrial heartland, with numerous potential end users nearby. Historical oil and gas production in the Paradox Basin has provided extensive geological data from historical wells within the project and across the basin, validating and de-risking the potential for high-quality potash and significant lithium resources. Historical well reports within and adjacent to the project indicate lithium grades up to 500 ppm, bromine up to 6100 ppm, and boron up to 1260 ppm (Gilbride & Santos, 2012). Nearby potash production and the advanced stage of adjacent lithium projects further validate these data. The Paradox Basin is considered one of the largest sources of lithium brine in the United States.

The company has disclosed further exploration targets for the Green River Project, including 500 million to 950 million tonnes of sylvinite (the most important source of potash production in North America), with grades of 12% to 18% potassium oxide (equivalent to 19% to 29% potassium chloride by electrical log eKCl) calculated by electrical log (eK2O). Further exploration targets for lithium and bromine are: 0.6-1.7 million tonnes of lithium carbonate equivalent, with grades of 91-152 ppm; and 3.3-9.1 million tonnes of bromine, with grades of 2647-4412 ppm. The company emphasizes that these potential quantities and grades are conceptual in nature, and exploration work to date is insufficient to define mineral resources. Although there is reasonable potential, it is uncertain whether further exploration will lead to the determination of mineral resources under NI 43-101 standards. This exploration target is used for a conceptual estimate of the potential quantity and grade of the deposit based on known and limited additional geological evidence. It is an early-stage assessment and is not a mineral resource or mineral reserve and should not be considered as such. Detailed supporting information is available in the company's report filed on January 27, 2026.

The company holds a 100% interest in 11 SITLA mineral and mineral 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 exploration permits covering approximately 25,480 acres. Through these leases, permits, and claims, the company has the right to explore for potash, lithium, and potential by-products across the entire Green River Project (approximately 32,530 acres) and has been approved to drill a total of 7 boreholes on the project.

Intrepid Potash, Inc., the largest potash company in the United States and the only domestic potash producer, produces potash from its nearby Moab solution mine. The company believes this provides strong evidence for the continuity of the formation in this part of the Paradox Basin. Anson Resources Ltd. owns an advanced lithium development project adjacent to the northern boundary of the company's Green River Project, with additional nearby projects to the south. Anson has a large initial resource, a robust definitive feasibility study, recently completed successful pilot operations through a partnership with Koch Technology Solutions, and has an offtake agreement with LG Energy Solution. Its exploration targets encompass brine-bearing clastic layers of the Mississippian Leadville Formation and Pennsylvanian Paradox Formation, which also underlie the entirety of American Critical Minerals' project area. Company management cautions that results or discoveries on adjacent properties do not necessarily indicate mineralization on the company's property.

In 2022, approximately 96.5% of U.S. annual potash demand was met through imports. In March 2024, a bill was introduced in the U.S. Senate to include critical fertilizers and potash in the U.S. Department of the Interior's critical minerals list. This process has made significant progress, with potash already included in the U.S. Geological Survey (USGS) draft critical minerals list. Recent market estimates indicate the global potash market exceeds $50 billion annually and is growing at a compound annual growth rate of nearly 5%. Current global annual lithium demand is estimated at over 1 million tonnes and continues to grow rapidly. Data sources include the USGS Mineral Commodity Summaries from January 2024.

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