CENTURY LITHIUM PROVIDES UPDATE ON ANGEL ISLAND

Rhea-AI Summary

Century Lithium has provided an update on its Angel Island lithium project in Silver Peak, Nevada. The company is responding to recent White House Executive Orders under President Trump that prioritize domestic mining of critical minerals.

As a 100%-owned feasibility-level project, Angel Island aims to support US-based lithium supply chains for battery production, energy storage, EVs, and defense. CEO Bill Willoughby emphasized the company's readiness to contribute to domestic lithium production through their demonstration plant and advanced technology.

The permitting process is advancing with the Nevada State Office of the Bureau of Land Management (BLM). Next steps include completing baseline studies and submitting the Mine Plan of Operations. The BLM will then determine whether an environmental assessment or impact statement is required. The company reports positive collaboration with BLM throughout the process.

Positive

• 100% ownership of Angel Island lithium project in strategic US location
• Project aligns with White House Executive Orders prioritizing domestic lithium production
• Advanced feasibility-level project status with demonstration plant
• Positive working relationship with BLM for permitting process

Negative

• Still pending completion of baseline studies and Mine Plan of Operations
• Uncertain timeline for environmental assessment completion
• No production timeline or capacity details provided

VANCOUVER, BC, April 30, 2025 /PRNewswire/ - Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to provide an update on its 100%-owned lithium project, Angel Island ("Angel Island") near Silver Peak, Nevada.

Strategic Policy Developments

Century Lithium welcomes recent Executive Orders from the White House under President Donald J. Trump, which prioritize domestic mining and processing of critical minerals. These directives emphasize the need for a secure US-based supply chain for lithium, which is an essential mineral for use in battery production for energy storage, EVs, and defense. The Company believes it is uniquely positioned to support this national initiative with Angel Island, a feasibility-level lithium project, and a single-source miner and producer of lithium carbonate.

"Century Lithium is uniquely prepared to contribute to a domestic solution for lithium products at Angel Island," said Bill Willoughby, Century Lithium President and CEO. "Our demonstration plant and advanced technology position us to contribute to the efforts of the US mining industry in building secure and sustainable domestic critical minerals supply chains."

Permitting Update

The Company recently met with the Nevada State Office of the Bureau of Land Management ("BLM") to discuss the implications of recent White House Executive Orders and progress on environmental studies and permitting for Angel Island. On the Federal level, the remaining steps include completion and approval of final baseline studies, and completion and submittal of the Mine Plan of Operations ("PoO") for BLM approval. Following approval of the PoO, the BLM will determine the appropriate level of National Environmental Policy Act analysis that will be required, either an environmental assessment or an environmental impact statement. Throughout this process to date, the BLM has provided helpful and timely assistance as we work through the permitting process. Century Lithium looks forward to a continued positive working relationship with the BLM moving forward.

ABOUT CENTURY LITHIUM CORP.

Century Lithium Corp. is an advanced stage lithium company, focused on developing its wholly owned Angel Island project in Esmeralda County, Nevada, which hosts one of the largest sedimentary lithium deposits in the United States. The Company has utilized its patent-pending process for chloride leaching combined with direct lithium extraction to make battery-grade lithium carbonate product samples from Angel Island's lithium-bearing claystone on-site at its Demonstration Plant in Amargosa Valley, Nevada.

Angel Island is one of the few advanced lithium projects in development in the United States to provide an end-to-end process to produce battery-grade lithium carbonate for the growing electric vehicle and battery storage market. Angel Island is currently in the permitting stage for a three-phase feasibility-level production plan expected to yield an estimated life-of-mine average of 34,000 tonnes per year of carbonate over a 40-year mine-life.

To learn more, please visit centurylithium.com 

ON BEHALF OF CENTURY LITHIUM CORP.

WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer

centurylithium.com 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Cautionary Note Regarding Forward-Looking Statements

This release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" and similar expressions suggesting future outcomes or statements regarding an outlook.

Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, without limitation, statements with respect to the potential development and value of the Project and benefits associated therewith, statements with respect to the expected project economics for the Project, such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR, NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting status of the Project and the Company's future development plans.

These and other forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. These risks include those described under the heading "Risk Factors" in the Company's most recent annual information form and its other public filings, copies of which can be under the Company's profile at www.sedarplus.com. The Company expressly disclaims any obligation to update forward-looking information except as required by applicable law. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place reliance on forward-looking statements or information. Furthermore, Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

View original content to download multimedia:https://www.prnewswire.com/news-releases/century-lithium-provides-update-on-angel-island-302442429.html

SOURCE Century Lithium Corp.

FAQ

What is the status of Century Lithium's Angel Island project permits in Nevada 2025?

Century Lithium is working with the BLM Nevada State Office on final baseline studies and Mine Plan of Operations (PoO). After PoO approval, the project will undergo National Environmental Policy Act analysis, either as an environmental assessment or impact statement.

How does Trump's Executive Order impact Century Lithium (CYDVF) operations?

The Executive Order prioritizes domestic mining of critical minerals, positioning Century Lithium's Angel Island project favorably as a US-based lithium supplier for batteries, EVs, and defense applications.

What is Century Lithium's role in US domestic lithium production?

Century Lithium operates as a single-source miner and producer of lithium carbonate through its 100%-owned Angel Island project near Silver Peak, Nevada, contributing to secure US-based lithium supply chains.

What are the next regulatory steps for Century Lithium's Nevada lithium project?

The company must complete final baseline studies, submit and receive approval for the Mine Plan of Operations from BLM, followed by a National Environmental Policy Act analysis.

Is Century Lithium (CYDVF) prepared for US lithium production in 2025?

According to CEO Bill Willoughby, Century Lithium is uniquely prepared with its demonstration plant and advanced technology to contribute to domestic lithium production at Angel Island.