American Lithium Reports Successful Resource Conversion with Significant Increase in Measured Resources at TLC, up 47% to 6.17 Mt contained LCE

American Lithium Corp. has released an updated Mineral Resource Estimate for its Tonopah Lithium Claims project in Nevada's Esmerelda lithium district, demonstrating substantial progress in resource confidence and growth. The update shows a remarkable 47% increase in Measured Resources to 6.17 million tonnes of contained lithium carbonate equivalent, representing a successful conversion of previously classified Indicated Resources to the higher-confidence Measured category.

This resource upgrade is significant for the lithium sector as it demonstrates the continued advancement of North American lithium projects toward development-ready status. The conversion from Indicated to Measured Resources represents enhanced geological confidence through additional drilling and technical work, positioning the TLC project closer to feasibility studies and potential production decisions.

The timing of this announcement aligns with growing demand for domestic lithium supply chains in North America, particularly as governments and automakers seek to reduce dependence on overseas lithium sources. Nevada's position as an emerging lithium hub, combined with improved resource confidence at TLC, strengthens American Lithium's development pipeline in a jurisdiction known for mining-friendly policies.

Looking forward, this resource upgrade provides American Lithium with a stronger foundation for advancing the TLC project through preliminary economic assessments and feasibility studies. The increased Measured Resource base should enhance the project's attractiveness to potential partners or off-take customers, while supporting future financing efforts as the company moves toward development decisions.