American Lithium Increases Measured and Indicated Uranium Resources at Macusani Project

• American Lithium increased measured and indicated uranium resources at Peru's Macusani project to 57,160,000 pounds in an updated estimate.
• The estimate, effective July 1, 2026, also includes inferred resources of 65,320,000 pounds of uranium oxide.
• An updated preliminary economic assessment is underway, incorporating current uranium prices and development costs.
• Resource calculations use a long-term uranium price of US$100 per pound, compared with US$50 in the 2015 estimate.
• Plans remain to transfer Macusani into a standalone uranium-focused company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Lithium Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611020700PRIMZONEFULLFEED9867798) on November 02, 2026, and is solely responsible for the information contained therein.