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American Salars Lithium Inc
Symbol	USLI
Shares Issued	15,920,005
Close 2024-01-24	C$ 0.175
Market Cap	C$ 2,786,001
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American Salars appoints Feyerabend as qualified person

2024-01-31 10:17 ET - News Release

Subject: American Salars Lithium Inc. - News Release Word Document File: '\\swfile\EmailIn\20240131 070757 Attachment American Salars Draft - QP Appointment[1] (3).docx' 2 American Salars Lithium Inc. 200-551 Howe Street Vancouver, BC V6C 2C2 www.AmericanSalars.com 2 AMERICAN SALARS ANNOUNCES APPOINTMENT OF QUALIFIED PERSON WILLIAM FEYERABEND Vancouver, BC - January 31 2024 - American Salars Lithium Inc. ("American Salars" or the "Company") (USLI: CSE) is pleased to announce the appointment of William Feyerabend CPG, as the Company's Qualified Person ("QP") within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). Mr. Feyerabend is an accomplished professional geologist with direct working experience in the exploration and development of Lithium projects at numerous deposits and mines throughout the American West, Mexico and South America. Mr. Feyerabend has been involved with Lithium exploration, development and feasibility programs including technical reports for claim blocks in the epi-centre of Lithium development in Nevada, which include the Clayton and Fish Lake Valleys. Mr. Feyerabend has worked on projects in Argentina, Bolivia, Chile, China, Colombia, Ghana, Guyana, Mexico, Peru, Saudi Arabia, United States and Venezuela. He is a past board member of the Humboldt County (NV) Economic Development Authority; and has a Bachelor of Sciences Geology from the University of Southern California. Mr. Feyerabend will further be appointed to the company's advisory board for review of the company's M&A strategy as well as reviewing the company's existing portfolio of projects including his role of QP for the company's recently optioned Black Rock South Lithium Brine Project in Washoe County, Nevada USA. About Black Rock South Lithium Brine Project The Black Rock South 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 South East. A recent mineral exploration on the Galt claim group under option to Surge Battery Metals at the time (CSE:NILI) located 11 Miles to the South included 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 365 ppm). Management cautions that past results or discoveries on adjacent properties may not necessarily be indicative to the presence of mineralization on the Company's properties. Qualified Person Mr. William Feyerabend, CPG, a Consulting Geologist and a Qualified Person under NI 43-101has reviewed this news release and approves the technical and scientific content. About American Salars Lithium Inc. American Salars Lithium Inc is an exploration company focused on exploring and developing toward the production of high-value battery metals to meet the demands of the advancing electric vehicle and lithium ion battery market. All Stakeholders are encouraged to follow the Company on its social media profiles on LinkedIn, Twitter and Instagram. On Behalf of the Board of Directors, "Michael Dake" Michael Dake, CEO For further information, please contact: American Salars Lithium Inc. Phone: 604.683.8610 E-Mail:info@americansalars.com Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Disclaimer for Forward-Looking Information Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding American Salar's intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits American Salars will obtain from them. These forward-looking statements reflect managements' current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including American Salars results of exploration or review of properties that American Salars does acquire. These forward-looking statements are made as of the date of this news release and American Salars assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws. ###