American Salars Announces Filing of NI 43-101 Technical Report on the Petawaga Lithium-Niobium-Uranium Project, Quebec

Executive Summary

• American Salars Lithium Inc. filed a NI 43‑101 technical report for the Petawaga Lithium‑Niobium‑Uranium Project in Quebec.
• The report, prepared and approved by qualified person Isabelle Robillard, P.Geo., provides an overview of historical exploration results but does not contain a Mineral Resource Estimate.
• The filing makes detailed geological context and historic pegmatite mineralization information publicly available via SEDAR+ and the company website.

Key Details

• Technical report titled “Technical Report on the Petawaga Property, Quebec, Canada” with an effective date of March 9 2026.
• Prepared by Isabelle Robillard, P.Geo., M.Sc., who also acted as the independent Qualified Person (QP) under NI 43‑101.
• The report is accessible on SEDAR+ (www.sedarplus.ca) and the company’s website (www.americansalars.com).
• Project location: southwest Grenville Geological Province, straddling the Baskatong Promontory and Central Gneissic Belt.
• Historical exploration identified pegmatites containing samarskite, euxenite, thorianite, columbite, lepidolite, as well as uranium, niobium, and REE‑bearing dykes.
• Company notes that historical results have not been independently verified and should not be relied upon as current mineral resources; bulk sampling suggests grades are from meaningful scale rather than selective grabs.
• No Mineral Resource Estimate (MRE) is included in the report per NI 43‑101 requirements.
• Qualified Person statement confirming accuracy of technical information and approval of disclosure.

Notable Quotes

• “R. Nick Horsley, CEO” – signed on behalf of the Board of Directors.