Slide 1: 2023 Corporate Presentation
As the world shifts towards green energy solutions powered by lithium-based batteries, our mission is to become a leader in exploration and development of world-class lithium and battery metal mining assets. CSE: AWLI | OTC: AWLIF | FSE: 5HV0 | 2023 CORPORATE PRESENTATION Clayton Valley, NV
Slide 2: Legal
LEGAL THIS MANAGEMENT PRESENTATION (The "presentation") was prepared as a summary overview only of the current affairs of Ameriwest Lithium Corp (”Ameriwest Lithium" or the "company") and was not prepared for the purpose of assisting prospective investors in making a decision to invest in Ameriwest
Slide 3: Highlights
HIGHLIGHTS A PROLIFIC LITHIUM REGION There is intense interest in the American PROJECT Located HIGHLIGHTS in the US Southwest southwest for the exploration and development of lithium projects. including Arizona’s Thompson Valley Exploration has increased dramatically with and Nevada’s Edwards Creek,
Slide 4: Lithium Market
LITHIUM MARKET Source: Goldman Sachs Source: IEA analysis based on S&P Global © 2023 Ameriwest Lithium. All Rights Reserved. 4
Slide 5: Arizona's Promising Future
ARIZONA'S PROMISING FUTURE Surface clay deposits known as the “White Hills” were initially discovered in the mid-1950’s and were known to contain bentonite and hectorite clays. Exploration data from the 1960’s shows that lithium contents of clays near the White Hills range from 0.03 to 0.53% Li2O (1
Slide 6: Nevada's Lithium Boom
NEVADA’S LITHIUM BOOM The location of Albemarle's Silver Peak Mine (the only producing lithium operation in North America), recent significant lithium discoveries by various companies, new extraction processes being developed by some of these companies, and the growing Tesla Gigafactory have all est
Slide 7: Thompson Valley, Arizona
THOMPSON VALLEY, ARIZONA © 2023 Ameriwest Lithium. All Rights Reserved. 7
Slide 8: Thompson Valley
THOMPSON VALLEY The Thompson Valley Property (“TV” or the “Property”) represents a green fields lithium claystone exploration target located in Thompson Valley, Arizona (“Thompson Valley” or the “Valley”). Ameriwest has completed reconnaissance geologic mapping and an initial surface sampling progra
Slide 9: Thompson Valley: Location and Ownership
THOMPSON VALLEY LOCATION AND OWNERSHIP The Property is located 120 miles north of Phoenix, Arizona. The Company holds 13 mineral exploration permits with the Arizona State Land Department totalling 6,240 acres. In addition the company holds 33 federal mining claims totalling about 660 acres. The tot
Slide 10: Edwards Creek, Nevada
EDWARDS CREEK, NEVADA © 2023 Ameriwest Lithium. All Rights Reserved. 10
Slide 11: Edwards Creek
EDWARDS CREEK The Edwards Creek Property (“ECV” or the “Property”) represents a greenfields lithium brine exploration target located in Edwards Creek Valley, Nevada (“Edwards Creek Valley” or the “Valley”). Edwards Creek Valley is slightly smaller in size and has similar geologic potential to host l
Slide 12: Edwards Creek: Location and Ownership
EDWARDS CREEK LOCATION AND OWNERSHIP The Property is located 120 miles east of Reno, Nevada. It encompasses 1,243 contiguous placer claims for a total of about 22,200 acres. Ameriwest has entered into an Option Agreement with Nova Lithium Corp. (CSE:NVLI). More information can be found in our Januar
Slide 13: Edwards Creek Geophysics
EDWARDS CREEK GEOPHYSICS Ameriwest retained Tom Carpenter, consulting geologist to complete a gravity geophysics study in 2021 that shows a massive gravity low representing a basin where lithium brines may be located. Based on the gravity study, Ameriwest proceeded quickly to acquire additional grou
Slide 14: Railroad Valley, Nevada
RAILROAD VALLEY, NEVADA The Next Wave of Lithium Exploration © 2023 Ameriwest Lithium. All Rights Reserved. 14
Slide 15: Railroad Valley
RAILROAD VALLEY The 15,300 acre Railroad Valley Property (“RRV” or the “Property”) is a greenfields lithium brine exploration target located in Railroad Valley, Nevada (“Railroad Valley” or the “Valley”). The North Railroad Valley drainage basin is larger in size and has similar geologic potential t
Slide 16: Railroad Valley: Location and Ownership
RAILROAD VALLEY LOCATION AND OWNERSHIP The Property is located 48 mi southwest of Ely Nevada and 125 mi south of Elko Nevada. It encompasses 780 contiguous placer claims for a total of about 15,300 acres. Ameriwest staked 556 placer claims in 2021 and 2022. In addition, the Company acquired 224 plac
Slide 17: Railroad Valley: Drilling and Geophysics
RAILROAD VALLEY DRILLING GEOPHYSICS No exploration drilling has been done yet Ameriwest initiated a gravity survey in 2022 In 2022, Ameriwest also retained Zonge by Ameriwest on the Property. A wealth of that shows a massive gravity low International to complete MT geophysical subsurface information
Slide 18: Railroad Valley Geophysics
RAILROAD VALLEY GEOPHYSICS Ameriwest then retained Castillo Geophysical Limited and Legg Geophysical Inc. (“Castillo”) to provide an interpretation of the historical oil drill data and gravity, MT, and seismic geophysical data with the goal of defining one or more priority drill targets on the RRV P
Slide 19: Railroad Valley vs Clayton Valley
RAILROAD VALLEY VS CLAYTON VALLEY PRO-LITHIUM EXPLORATION FACTORS CLAYTON VALLEY RAILROAD VALLEY TOTAL BASEMENT CATCHMENT AREA (1) 355,200 ACRES 1,385,360 ACRES PLAYA AREA (2) 19,000 ACRES 83,000 ACRES OPERATING LI MINES BY OTHERS (3) LI RESOURCES DEFINED BY OTHERS (3) LI EXPLORATION CONDUCTED BY OT
Slide 20: Deer Musk East, Nevada
ALBEMARLE (SILVER PEAK) PURE ENERGY Century AMERIWEST (DEER MUSK EAST) DEER MUSK EAST, NEVADA © 2023 Ameriwest Lithium. All Rights Reserved. 20
Slide 21: Deer Musk East, Clayton Valley, Nevada
DEER MUSK EAST CLAYTON VALLEY, NEVADA The Deer Musk East Property (“DME” or the “Property”) represents a greenfields lithium brine exploration target located in Clayton Valley, Nevada (“Clayton Valley” or the “Valley”). Clayton Valley currently hosts the only operating lithium brine mine in North Am
Slide 22: Deer Musk East: Location and Ownership
DEER MUSK EAST LOCATION AND OWNERSHIP PRO-LITHIUM EXPLORATION The Property is located 170 miles south of Reno, Nevada and 3 The Property is situated adjacent to the Silver Peak Caldera and associated felsic volcanic tufts in miles from the town of Silver Peak. The Property consists of 371 the Silver
Slide 23: Deer Musk East Geophysics
DEER MUSK EAST GEOPHYSICS In 2021, the Company completed a geophysics program at the DME Property consisting of a three-tiered geophysical program that included 30,200-feet (9.05 km) of seismic surveys in four lines that contained 2,210 stations, a detailed gravity survey with 85 station readings, a
Slide 24: Deer Musk East Geophysics
DEER MUSK EAST In 2022, Ameriwest retained Zonge GEOPHYSICS International to conduct an Magnetotelluric (“MT”) geophysics study over eastern side of The seismic data, interpreted below, clearly shows the “seismic the claim block, including the area of the stratigraphy” as a complex fault zone that b
Slide 25: Deer Musk East Surface Sampling
DEER MUSK EAST SURFACE SAMPLING Of 38 soil samples taken, assays ranged from 42 to 134 ppm, with an average of 65 ppm. Advanced Geologic Exploration Inc. made sure quality assurance and control standards were maintained after sample collection. Samples were stored at Advanced Geologic Exploration’s
Slide 26: Little Smokey Valley, Nevada
LITTLE SMOKEY VALLEY, NEVADA © 2023 Ameriwest Lithium. All Rights Reserved. 26
Slide 27: Little Smoky Valley, Nevada
LITTLE SMOKY VALLEY, NEVADA The Little Smoky Valley Property (“LSV” or the “Property”) represents a greenfields lithium claystone exploration target located in Little Smoky Valley, Nevada (“Little Smoky Valley” or the “Valley”). It is adjacent to Clear Sky Lithium’s (CDS: POWR) ELi Property. Ameriwe
Slide 28: Little Smoky Valley Project
LITTLE SMOKY VALLEY PROJECT LOCATION AND OWNERSHIP The Property is located 30 miles south of Eureka, Nevada. Ameriwest staked 104 mineral claims in 2022 and subsequently acquired 184 mineral claims from Port Mercantile Holdings Inc. to increase the size of the Property to 288 mineral claims totallin
Slide 29: Our Team
OUR TEAM David Watkinson CEO Mr. Watkinson brings over 30 years of professional engineering experience in underground and open pit mining projects, including mine permitting, engineering, feasibility, construction, and operations for Emgold Mining Corporation. In addition to EMGold, Mr. Watkinson ha
Slide 30: Our Team
OUR TEAM Sam Eskandari Director Mr. Eskandari has extensive experience in marketing and operational management for public companies including budgeting, raising capital and developing and executing successful growth strategies. His professional experience spans various industries including pharmaceu
Slide 31: Advisors
ADVISORS Dennis P. Bryan, P.E. Advisor Mr. Bryan is a registered professional geological engineer in Nevada and for much of his career he was either an owner or manager of various consulting and geotechnical engineering firms. He previously served as a Commissioner on the State of Nevada Commission
Slide 32: Thank You
THANK YOU Ameriwest Lithium Corp. 306-1110 Hamilton Street, Vancouver, BC V6B 2S2 Email: info@ameriwestlithium.com Tel: +1.416.918.6785 CSE: AWLI | OTC: AWLIF | FSE: 5HV0