American Lithium Minerals Inc. (OTC:AMLM) files the quarterly report on Form 10-Q for the period ended March 31, 2011.
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Although it is widely distributed on earth, lithium does not naturally occur in elemental form due to its high reactivity. Actual and potential sources of lithium are from continental brines, clay mineral hectorite, pegmatites, geothermal brines and oilfield brines.
Japan Oil, Gas and Metals National Corporation (JOGMEC) has agreed to invest $4 million in a joint venture partnership with American Lithium Minerals, Inc. in the Borate Hills Project of Nevada.