Mr. R. Nick Horsley reports

AMERICAN SALARS COMPLETES PHASE 1 EXPLORATION OF BLACK ROCK SOUTH LITHIUM BRINE PROJECT, NV

American Salars Lithium Inc. has completed a phase 1 exploration program on its Black Rock South lithium brine project in Nevada, which is located 11 miles north of the Galt claim group under option to Surge Battery Metals.

Highlights:

• Fifty-eight soil samples were collected across and adjacent to the Black Rock South property.
• Land research was completed in the vicinity of the property and the region.
• Sixty-three prospecting samples were collected.

Soil sampling

Project soil sampling was completed across the property in a grid style to ensure complete coverage of the property. A total of 58 samples were completed at intervals of 300 metres using a shovel at a depth of approximately 20 centimetres to 30 centimetres. The top portion of the sample was included for a complete soil profile of any evaporite on surface within the property. Soil samples will be submitted to ALS Geochemistry Laboratories in Reno, Nev., for analysis. Sample preparation and analyses will include 180-micron (80-mesh) sieve, aqua regia digestion and 41-element ICP-AES analysis (code ME-ICP41). An additional 63 soil samples were collected to prospect different target areas.

Land research

Land research was conducted in the area around the Black Rock South property. Competitors own placer claims to the northeast of the BRS property and south of Gerlach, Nev. Competitors also own placer and lode claims near San Emidio, Nev. The competitors include Lithium Corp. and Bravada Gold and multiple geothermal leases are in the area. The town of Gerlach and directly adjacent land are contained within a geothermal lease area. The region surrounding San Emidio geothermal power plant is also a lease area. Wilderness study areas are abundant in this region of Nevada. The mountain ranges surrounding the playas in this area are almost entirely contained in the multitude of wilderness study areas which are closed to mineral entry. Private land in the area does not constitute much land in this region and is mostly present on the periphery of the playas. Northeast of the property into the Black Rock Desert is designated as a national conservation land and is closed to mineral entry.

R. Nick Horsley, chief executive officer and director, stated, "Our Black Rock South lithium project was acquired for its potential to host a lithium-bearing aquifer; we've barely scratched the surface of its potential and we eagerly await the assays to determine the next steps and a plan a phase 2 exploration program."

About the Blackrock South lithium brine project

The Blackrock South lithium brine project is located 72 miles north of the Tesla Gigafactory, 93 miles southwest of Thacker Pass and 215 miles northwest of the United States' only producing lithium mine -- the Silver Peak lithium mine, owned by Albermarle Corp. The claims cover a conceptual target for lithium brines, which is very similar to the published geology of the Clayton Valley lithium brine production area approximately 200 miles to the southeast. The concept is consistent with generally accepted data and theories about the formation of lithium brine resources. The target area is lithium brines hosted in basin-fill sediments.

A recent mineral exploration on the Galt claim group under option to Surge Battery Metals, located 11 miles to the south, includes 51 playa sediment samples collected for chemical analysis at ALS Geochemistry in Vancouver, B.C. Results of aqua regia leaching of the samples show 68 to 852 parts per million lithium (mean of 365 parts per million), 5.3 to 201 parts per million cesium (mean of 72 parts per million) and 35 to 377 parts per million rubidium (mean of 180 parts per million). Results from two seven-foot-deep auger holes show lithium, cesium and rubidium concentrations in the range of 143.5 to 773 parts per million lithium, 56.8 to 102.5 parts per million cesium and 155 to 272 parts per million rubidium. Those elements often form an assemblage. Average crustal abundances are about: 20 parts per million lithium, three parts per million cesium and 90 parts per million rubidium.

American Salars' management cautions that past results or discoveries on properties in proximity to American Salars may not necessarily be indicative of the presence of mineralization on the company's properties.

Qualified person

William Feyerabend, CPG, a consulting geologist and qualified person under National Instrument 43-101, contributed to the production of this press release and approves of the technical and scientific information contained herein.

About American Salars Lithium Inc.

American Salars is an exploration company focused on exploring and developing high-value battery metal projects to meet the demands of the advancing electric vehicle market. Its flagship project is the Candela II salar project in Argentina, which features an NI 43-101 inferred resource.

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