Ameriwest Critical Metals Closes Acquisition of the Bornite Copper Project, Appoints Director
AMERIWEST CRITICAL METALS INC.
Suite 306, 1110 Hamilton Street
Vancouver, B.C., V6B 2S2
November 13, 2025 CSE: AWCM
OTC Pink: AWLIF
FSE: 5HV
AMERIWEST CRITICAL METALS CLOSES ACQUISITION OF THE BORNITE
COPPER PROJECT, APPOINTS DIRECTOR
Vancouver, BC – November 13, 2025: Ameriwest Critical Metals Inc. (“Ameriwest” or the “Company”)
(CSE: AWCM) (OTC: AWLIF) (FSE: 5HV0) announces that, further to the Company’s news release s
dated April 5 and November 4, 2025, Ameriwest has completed the acquisition of 34 unpatented mineral
claims located in Marion County, Oregon, together with certain related technical information (the
“Transaction”), from an arm’s length private company and that company’s wholly owned subsidiary
(together, the “Vendors”). The claims are known as the Bornite project (the “Bornite Project”).
The Bornite Project hosts a copper, gold, and silver deposit located about 50 miles east of Salem, Oregon.
The deposit is contained within a roughly cylindrical, vertically standing, cigar -shaped breccia pipe. The
formation is 450 feet in diameter, extending from the surface down 1,000 feet, and is open at depth. Copper
minerals, principally bornite and chalcopyrite, were deposited as part of the breccia matrix, mainly along
the pipe’s margins. Higher -grade mineralization is found on the pipe’s outer shel l, with lower -grade
mineralization within the pipe’s interior.
In the early 1990s, Plexus Resources Corporation (“Plexus ”) advanced the Bornite Project through
exploration, identifying a resource of 3.2 million tons at a 2.2% copper grade, 0.017 opt gold grade, and
0.54 opt silver grade, containing 138.5 million pounds of copper, 54,000 ounces of gold, and 1.7 million
ounces of silver at a 0.5% Cu cut-off grade. At that time, Plexus planned to construct a 1,400-ton-per-day
underground mine with an eight -year mine life subject to permitting and financing (source: Plexus 1991
annual report).
The resource estimate above was completed before the implementation of National Instrument 43 -101
Standards of Disclosure for Mineral Projects (“NI 43-101”) and CIM Definition Standards for Mineral
Resources and Mineral Reserves (“CIM Standards ”) and is being treated as a historic al estimate by
Ameriwest. The resources were not categorized as measured, indicated, or inferred. No current resources
have been defined on the Bornite Project that meet NI 43- 101 or CIM Standards ; however, the historical
data acquired by Ameriwest as part of the Transaction will be used to guide future exploration on the
property.
Ameriwest acquired a 100% interest in the Bornite Project by paying the Vendors a total of US$100,000 in
cash in two tranches. Ameriwest has granted one of the Vendors an advance minimum royalty (“AMR”)
of US$15,000 per year, payable on the first anniversary of the definitive agreement governing the
Transaction and annually thereafter. Upon the commencement of commercial production on the Bornite
Project, Ameriwest has also granted one of the Vendors a 2% net smelter royalty (the “NSR”), with credit
to be given for any AMR payments previously made by the Company. Ameriwest has the option of
acquiring one-half of the 2% NSR from the applicable Vendor for US$1 million, payable at any time.
Ameriwest is in the process of transferring the claims into its U.S. subsidiary’s name, which the recent U.S.
federal government shutdown may delay.
Ameriwest also announces the appointment of Bryson Goodwin as an independent director of the Company.
Mr. Goodwin is an international executive with over 25 years of experience across both private and public
sectors. With a diverse career spanning multiple industries, he has led initiatives in operations, business
development, finance, investor relations, and marketing. His expertise is particularly strong in the areas of
structuring, banking, financing, and management, with a specialized focus on navigating the complexities
of Canadian and U.S. stock exchanges, especially within the resource and energy sectors.
Throughout his career, Mr. Goodwin has successfully worked across a broad range of industries, including
resources, energy, technology, clean- tech, and special situations. Currently, Mr. Goodwin serves as the
Managing Director of Synergy Capital Market Adv isors, where he continues to leverage his extensive
experience to provide expert guidance in the areas of capital markets, business strategy, and investment
management.
Qualified Person Statement
David Watkinson, P.Eng., a non -independent qualified person under National Instrument 43-101, has
reviewed and approved the technical content of this news release. Mr. Watkinson is the CEO and a director
of Ameriwest.
About Ameriwest Critical Metals Inc.
Ameriwest is an exploration company focused on identifying and acquiring strategic critical mineral
projects for exploration and resource development. The Company is advancing its Thompson Valley
lithium clay property in Arizona, owns a lithium clay property in Clayton Valley, Nevada, and is in the
process of optioning its Railroad Valley lithium brine property in Nevada to Pure Energy Minerals Limited.
It recently acquired an interest in the Xeno RAR rare earth property in British Columbia.
For more information on the Company, investors should review the Company’s filings available at
www.sedarplus.ca.
David Watkinson, P.Eng.
Chief Executive Officer
For further information, please contact:
Ameriwest Critical Metals Inc.
Investor Relations
416 918-6785
The Canadian Securities Exchange has not in any way passed upon the merits of the matters
referenced herein and has neither approved nor disapproved the contents of this news release.
Caution Regarding Forward-Looking Information
Certain statements contained in this news release may constitute forward‐looking information . Forward‐looking information is often, but not
always, identified by the use of words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions.
Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results o r events to differ
materially from those anticipated in such forward‐looking information. The Company’s actual results could differ materially from those anticipated
in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which the C ompany operates,
prevailing economic conditions, changes to the Company’s strategic growth plans, and other factors, many of which are beyond the control of the
Company. The Company believes that the expectations reflected in the forward‐looking information are reasonable, but no assurance can be given
that these expectations will prove to be correct and such forward‐looking information sh ould not be unduly relied upon . Any forward‐looking
information contained in this news release represents the Company ’s expectations as of the date hereof and is subject to change after such date.
The Company disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information,
future events or otherwise, except as required by applicable securities legislation.