Ameriwest Critical Metals Inc. reports company news centered on critical minerals exploration, property ownership and technical work across its North American project portfolio. Recurring updates cover the 100%-owned Bornite Property in Oregon, including claim expansion, historical data review, breccia pipe-style target generation, 3D geological modeling, geological consulting work and drill-target planning.
Other company updates describe the Xeno Rare Earth property in British Columbia, the Thompson Valley lithium clay project in Arizona, lithium property interests in Nevada, access arrangements, technical reports, financings and portfolio-level corporate updates tied to exploration and resource-development activities.
Ameriwest Critical Metals (AWLIF) reported additional Bornite historical-core assay results, including a 71.0-foot interval grading 8.08% copper equivalent.
Hole CC30 returned 110.0 feet (33.5 meters) grading 4.47% copper and 5.87% copper equivalent, including 71.0 feet (21.6 meters) at 6.11% copper. Copper equivalent combines copper, gold and silver using assumed prices and recoveries. Historical copper grades were 4.21% and 5.68% for the respective intervals. The broader interval's copper-equivalent grade fell from 5.94%, while the included interval rose from 7.74%.
CC30 is the third hole reported in the seven-hole re-sampling program at the wholly owned Oregon project; four holes remain pending. Ameriwest plans further data verification and modelling before assessing work needed for a possible initial current mineral resource estimate. Additional drilling and technical studies may be necessary.
Ameriwest Critical Metals (AWLIF) reported initial modern assays from historical Bornite drill core, including 170.0 feet at 6.17% copper equivalent. Copper equivalent (CuEq) combines copper, gold and silver grades using assumed prices and recoveries. At the wholly owned Oregon project, CC24 returned 190.0 feet at 5.59% CuEq, versus 4.36% historically over the same interval. CC26 returned 190.0 feet at 3.26% CuEq and a separate 270.0 feet at 1.27% CuEq.
Over CC26's matching 270.0–740.0-foot interval, modern assays yielded 1.75% CuEq versus 1.56% historically, but a 60.0-foot section fell below the cutoff. These are the first two holes in a seven-hole program. Ameriwest plans further data comparisons and modelling to assess requirements for an initial current mineral resource estimate; additional drilling and technical work may be necessary. The sample is too small to establish whether higher modern assay values are statistically significant.
Ameriwest Critical Metals (AWLIF) closed a non-brokered private placement with an arm's-length mining investor, raising $499,999.76 in gross proceeds.
The company issued 1,923,076 common shares at $0.26 each. The investment was contemplated under the agreement to sell its entire interest in the Xeno Rare Earth Property to a separate but related arm's-length individual. Ameriwest also completed that sale and received $100,000 in cash. Xeno comprises two mineral claims totaling approximately 784 hectares in British Columbia's Laird Mining Division.
Ameriwest described the placement price as a premium to the shares' market price on the purchase agreement date. The company intends to use the placement's net proceeds for exploration and permitting at its Bornite copper-gold-silver project in Oregon, alongside working capital and corporate purposes.
Ameriwest Critical Metals (AWLIF) plans a non-brokered private placement to raise up to $500,000 and has agreed to sell its Xeno property.
The placement comprises approximately 1,923,077 common shares at $0.26 each, with no warrants or finders' fees. It requires Canadian Securities Exchange approval; issued shares carry a statutory hold of four months plus one day. An arm's-length individual has agreed to buy Ameriwest's 100% interest in the Xeno Rare Earth Property in British Columbia for $100,000 cash. That sale requires regulatory approval and carries no finder's fee.
Ameriwest intends to use proceeds from both transactions for exploration and permitting at its Bornite Project in Oregon, as well as general working capital and corporate purposes. The company expects both transactions to close in the coming days.
Ameriwest Critical Metals (AWLIF) reported Q3 2026 progress at its Bornite copper-gold-silver project, new U.S. trading access, and a proposed Nevada asset sale.
At Bornite in Oregon, the company and APEX Geoscience completed detailed re-logging of preserved historical drill core and selected intervals were sent for modern multi-element assays, including rare earths, to verify the historical database and support potential NI 43-101/CIM-compliant resource modelling. Ameriwest emphasized that no current mineral resource or reserve is defined and that additional drilling may be required. A formal Community and Stakeholder Engagement Program for Bornite was launched in June 2026.
On June 11, 2026, Ameriwest’s shares began trading on the OTCQB Venture Market under AWLIF, complementing listings on the CSE (AWCM) and FSE (5HV). On August 24, 2026, Ameriwest entered a non-binding LOI to sell its Railroad Valley lithium property to Pure Energy Minerals for 8,000,000 shares plus a 2.0% NSR royalty, subject to a definitive agreement and regulatory approvals.
Ameriwest Critical Metals (OTCQB:AWLIF) signed a non-binding letter of intent with Pure Energy Minerals to sell its Railroad Valley Property, comprising 213 unpatented lithium brine mineral claims in Nye County, Nevada.
Upon closing of the proposed transaction, Pure Energy would issue 8,000,000 common shares to Ameriwest at a deemed price equal to the lowest level permitted by TSXV policies and grant a 2.0% net smelter returns royalty on the claims, including a 1-mile area of influence.
The parties aim to execute a definitive agreement within 30 days, seek regulatory approval within 90 days, and transfer the property within 30 days of closing. The transaction remains subject to regulatory approval and final documentation.
Ameriwest Critical Metals (OTCQB:AWLIF) launched a Community and Stakeholder Engagement Program for its 100%-owned Bornite copper-gold-silver project in Oregon. The program aims to provide timely project information and gather feedback from local communities, Tribal Nations, agencies, land users and other interested parties.
Ameriwest plans a staged exploration program within Willamette National Forest, near the Opal Creek Wilderness and Scenic Recreation Area, advancing activities through applicable federal, state and local environmental review and permitting processes while accounting for 2020 Beachie Creek Fire impacts.
Ameriwest (OTCQB:AWLIF) extended its marketing agreement with Echo Elite Ads for an additional 20 days from about June 22 to July 11, 2026.
Ameriwest will pay Echo C$100,000 plus GST, with at least 85% allocated to media distribution; no securities or options will be issued.
Ameriwest Critical Metals (OTCQB:AWLIF) uplisted from the OTC Pink Basic Market to the OTCQB Venture Market, with trading beginning today under AWLIF. Shares continue on the CSE as AWCM and Frankfurt as 5HV.
The company is advancing its 100%-owned Bornite copper-gold-silver project in Oregon through geological modelling, land expansion, historical core work and drill planning, aiming to support a potential future NI 43-101 mineral resource estimate.
Ameriwest Critical Metals (OTC:AWLIF) released historical drill intercepts from its 100%-owned Bornite copper-gold-silver project in Oregon. Key intervals include 110 ft at 10.831% CuEq, 140 ft at 9.423% CuEq, 980 ft at 1.453% CuEq and 672 ft at 1.106% CuEq.
The data come from 48 holes totaling 38,914.5 ft drilled between 1976-1990 and are pre‑NI 43‑101, unverified, and not treated as current resources. Ameriwest has built a preliminary geological model, is re-logging and re-assaying core in Reno, and plans confirmation and infill drilling to support a potential future resource calculation.