American Lithium Corp. (TSX-V:LI) (OTCQX:AMLIF) (Frankfurt:5LA1) welcomes the official confirmation of Keiko Fujimori’s presidential election victory and believes this result marks a positive outlook for the country’s mining sector, critical minerals development and long-term investment climate.

Peru remains one of the world’s leading mining jurisdictions, with a strong history of mineral development and will occupy a vital role in supplying critical minerals essential to the global energy transition. The incoming administration’s focus on economic stability, security and investment is expected to support the advancement of major mining and infrastructure projects. President-elect Fujimori has also emphasized the importance of mining to Peru’s economy, stating that Peru “is a mining country” and that mining must continue with a focus on sustainability.

“The confirmation of Keiko Fujimori’s election victory marks an important moment for Peru and its mining sector. Her focus on economic stability, security and investment has the potential to strengthen Peru’s position as a leading critical minerals jurisdiction and support the advancement of major resource projects,” commented Alex Tsakumis, CEO. “For American Lithium, this renewed political clarity comes at an important time as we advance our Falchani Lithium and Macusani Uranium projects.”

The election result also comes amid growing government recognition of lithium and uranium, with Peru recently issuing a Supreme Decree declaring both minerals to be of national importance. This national focus is aligned with American Lithium’s advancement strategies of its projects in Peru’s Puno region. American Lithium’s Falchani Lithium Project is one of the world’s largest hard-rock lithium deposits, and its Macusani Uranium Project is the largest undeveloped uranium project in Latin America.

About American Lithium

American Lithium is developing two of the world’s largest, advanced-stage lithium projects, along with the largest undeveloped uranium project in Latin America. They include the TLC claystone lithium project in Nevada and the Falchani hard-rock lithium project in southern Peru, which also hosts a globally significant cesium resource, as well as the Macusani uranium project located in the same region. All three projects have completed robust preliminary economic assessments, exhibit significant expansion potential and enjoy strong community support.