News:
ATLANTA, GA / ACCESS Newswire / January 7, 2026 / AMEEREX Corporation ("Ameerex" or the "Company"
The announcement follows Patagonia Lithium's disclosure of a Significant Maiden Inferred resource and follow up JORC Inferred and Indicated Mineral Resource Estimate at its flagship Formentera Lithium Brine Project , totaling a maiden resource over the whole project of 3.816 million tons of Lithium Carbonate Equivalent (LCE) and an updated drainable resource in July 2025 of indicated and inferred 551,000 tons of LCE as a pumpable brine resource.
At current lithium carbonate prices of approximately US$13,000 per ton, the drainable resource represents an estimated in-ground value of approximately US$7 billion at 100% extraction. Ekosolve Pty Ltd was able to extract 92.1% in pilot plant studies (www.ekosolve.com.au).
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