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AMERIWEST LITHIUM’S EDWARDS CREEK VALLEY STUDY INDICATES MUCH LARGER SHALLOW BRINE TARGET THAN PREVIOUSLY THOUGHT

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AMERIWEST LITHIUM’S EDWARDS CREEK VALLEY STUDY INDICATES MUCH LARGER SHALLOW BRINE TARGET THAN PREVIOUSLY THOUGHT

Executive Summary

Ameriwest Lithium Inc. has reported encouraging results from a magnetotelluric geophysical survey conducted at its Edwards Creek Valley Property in Nevada, revealing the potential for a significantly larger shallow brine target than previously identified. The company, which trades on the Canadian Securities Exchange under the ticker AWLI, is positioning itself as a North American lithium exploration and development entity focused on advancing lithium brine projects.

The magnetotelluric survey represents a critical advancement in understanding the subsurface geology and brine distribution at Edwards Creek Valley. This geophysical technique is particularly valuable for lithium brine exploration as it can identify conductive zones that may indicate the presence of lithium-rich brines at depth. The discovery of a larger shallow brine target is significant as shallow deposits typically require lower extraction costs and shorter development timelines compared to deeper resources.

For the lithium sector, these results underscore the continued potential for resource expansion at North American lithium brine projects. Nevada has emerged as a key jurisdiction for lithium development, benefiting from favorable geology, established mining infrastructure, and proximity to end markets. The expansion of the target zone at Edwards Creek Valley could materially impact the project's economics and development timeline, particularly as demand for lithium continues to grow driven by electric vehicle adoption and energy storage deployment.

The announcement positions Ameriwest Lithium to advance further exploration activities at Edwards Creek Valley, likely including additional geophysical surveys and potential drill testing of the expanded target area. The company's focus on North American lithium assets aligns with increasing emphasis on domestic critical mineral supply chains and could attract interest from strategic partners or investors seeking exposure to lithium projects outside traditional South American producing regions.
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