American lithium intersects highest grade lithium and cesium samples encountered to date at falchani - up to 5,645 ppm lithium and up to 12,610 ppm cesium

Vancouver, british columbia, july 12, 2023 (globe newswire) -- american lithium corp. (“american lithium” or the “company”) (tsx-v:li | nasdaq:amli | frankfurt:5la1) is pleased to provide details of assay results from three diamond drill holes recently drilled at the falchani lithium project in puno, southeastern peru (“falchani”). these 3 holes were drilled under the ten-hole environmental impact assessment (“eia”) hydrology drilling program launched at falchani last fall as part of the eia hydrology study designed by edasi sac and srk peru with field work overseen by edasi. this program has successfully demonstrated that there are no water table issues within proposed development areas across falchani and the program has also enabled the drilling and analysis of core down to a depth of 120 metres (“m”). once full results from this program are complete all data and assays will be incorporated into an updated resource report on falchani to be prepared by stantec consulting, inc (“stantec”).
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