Updated pea for falchani highlights robust economics after-tax npv8% triples to us$5.11 billion, irr 32.0% and low opex $5,093/t lce

Vancouver, british columbia, jan. 10, 2024 (globe newswire) -- american lithium corp. (“american lithium” or the “company”) (tsx-v:li | nasdaq:amli | frankfurt:5la1) is pleased to announce the results of its updated preliminary economic assessment (“pea”) for the falchani lithium (“falchani”) project located in puno, southwestern peru. this independent, updated pea was completed by dra global following the updated mineral resource estimate recently completed by stantec consulting services ltd. (“stantec” - see news release dated december 15, 2023).
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