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

VANCOUVER, British Columbia, Feb. 27, 2025 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) is pleased to announce an updated Mineral Resource Estimate (“MRE”) for the Tonopah Lithium Claims (“TLC”) project, located in the Esmerelda lithium district northwest of Tonopah, Nevada. The updated MRE has successfully converted Indicated Resources to the Measured category, increasing Measured Resources 47% from the previous 2023 MRE at TLC. The resource block model has been further refined, increasing the confidence of the TLC resource. The vast majority of resources used in the 2024 PEA Mine Plan are now within the more reliable Measured Resource footprint.