Ameriwest Lithium Provides Update on Its Thompson Valley Lithium Project, AZ

Ameriwest Lithium Inc. has announced a significant development milestone for its Thompson Valley Lithium Project located in Arizona, reporting the successful negotiation of Surface Use Agreements (SUAs) with local ranchers who hold grazing rights overlapping the company's Arizona State Mineral claims. The agreements were secured through the company's wholly owned subsidiary, Oakley Ventures USA Corp.

The completion of these Surface Use Agreements represents a critical step in the project development process, as securing surface access rights is essential for conducting future exploration, development, and potential mining activities. These types of agreements are particularly important in the western United States, where mineral rights and surface rights are often held separately, creating potential conflicts between mining operations and existing land use activities such as cattle ranching.

This development positions Ameriwest Lithium to advance its Arizona lithium project at a time when domestic lithium production has become increasingly strategic for North American supply chain security. The company's progress in securing these fundamental agreements demonstrates its commitment to responsible development practices and stakeholder engagement, which will be crucial for advancing the project through subsequent permitting and development phases.

The successful negotiation of these agreements removes a significant potential obstacle to project advancement and should provide investors with increased confidence in the company's ability to develop the Thompson Valley project. With surface access now secured, Ameriwest can focus on advancing technical studies and exploration activities necessary to define the project's economic potential and move toward development decisions.