Lithium Brine Target Identified At Railroad Valley Property

VANCOUVER - Ameriwest Lithium Inc. reported that Zonge International Inc. has completed a Phase 2 Magnetotelluric geophysical survey (MT Survey) on its Railroad Valley Property, Nevada (RRV). The results of the MT Survey, incorporating both Phase 1 and Phase 2 results, demonstrate the potential for Ameriwest’s RRV Property to host a large lithium brine deposit, subject to exploration success. The entire gravity low spans an area of about three miles (five kilometers) in width by six miles (ten kilometers) in length. The Phase 1 and Phase 2 MT Surveys consisted of four east-west lines cross cutting the southern half of the large gravity low. Lines were located at 424000N, 4241000N, 4241950N, and 4243150 N.  

The Company has staked 462 claims at RRV and acquired 224 claims from American Battery Technology Corporation to the north, to now hold an aggregate of 686 claims totaling 13,580 acres (5,500 hectares). The Company effectively controls the area covering the gravity low.