American lithium files updated mineral resource technical report on falchani supporting 476% increase in measured & indicated lithium resource

Vancouver, british columbia, dec. 15, 2023 (globe newswire) -- american lithium corp. (“american lithium” or the “company”) (tsx-v:5la1) is pleased to announce it has filed the independent national instrument 43-101 technical report on the updated mineral resource estimate (“mre”) for the falchani lithium project (“falchani”) located in southwestern peru and as announced on october 31, 2023. the mre and technical report were completed by stantec consulting services inc. (“stantec”), which established a much larger lithium resource base which will form the basis of an updated preliminary economic assessment on the falchani (“pea”). the mre has been incorporated into the mine plan within the pea, which is currently being finalized by dra global and will be announced shortly.
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