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AWCM.CN ·

Ameriwest Expands Bornite Property to Secure Broader Breccia Pipe Exploration Upside

Corporate Updates

CSE: AWCM

OTC: AWLIF

FSE: 5HV

www.ameriwestcriticalmetals.com

Ameriwest Expands Bornite Property to Secure Broader Breccia Pipe

Exploration Upside

Vancouver, British Columbia – May 4, 2026 – Ameriwest Critical Metals Inc. (CSE: AWCM) (OTC: AWLIF)

(FSE: 5HV) (“Ameriwest” or the “Company”) is pleased to announce that it has expanded its land position

at its 100%-owned Bornite Property in Oregon (the “Property”), which hosts a copper -gold-silver

mineralized breccia pipe system, through the staking of additional unpatented mineral claims.

Brewer Exploration Inc. was retained to re-post 34 unpatented mineral claims after the claim posts had

been destroyed by the 2021 Beachie Creek Fire. In addition, Ameriwest has staked 53 new unpatented

mineral claims, bringing the total Bornite land package to 87 unpatented mineral claims covering

approximately 1,740 acres.

The expanded claim block consolidates Ameriwest’s control over the area surrounding the known Bornite

breccia pipe and secures additional ground in a region whose prospectivity has not been fully explored.

Historical information reviewed by the Company along with clustered nature of breccia pipe systems in

certain districts suggest that the broader area may host additional breccia pipe-style targets.

David Watkinson, President and CEO of Ameriwest, stated: “Expanding and consolidating our land

position at Bornite is an important step in advancing what we believe could be a larger mineralized system

than the existing breccia pipe alone. Historical exploration has already defined a significant breccia pipe

with several mineralization domains, including a higher-grade outer shell zone, and that known pipe

remains the foundation of our exploration strategy. As we advance plans for further exploration of the

existing pipe, this expanded claim package gives Ameriwest the room to take a disciplined approach to

assessing the broader district for additional breccia pipe-style targets and to build on the overall scale

potential at Bornite.”

The Company is evaluating next-step exploration programs for the enlarged claim block, which may

include additional compilation of historical datasets, target generation work, geologic mapping, and

geophysical surveys designed to prioritize areas for follow-up exploration.

About the Bornite Property

The Bornite Property hosts a copper-gold-silver deposit located approximately 50 miles east of Salem,

Oregon. Mineralization is associated with a roughly cylindrical, vertically oriented, cigar-shaped breccia

pipe measuring approximately 450 feet in diameter and extending from surface to approximately 1,000

feet depth, where it remains open. Copper minerals, principally bornite and chalcopyrite, occur within the

breccia matrix, primarily along the pipe margins. Higher-grade mineralization is reported along the outer

shell of the pipe, with lower-grade mineralization occurring toward the interior.

For additional information on the Bornite Property, including project background and technical

information, please visit the Company’s Bornite Project page at www.ameriwestcriticalmetals.com.

CSE: AWCM

OTC: AWLIF

FSE: 5HV

www.ameriwestcriticalmetals.com

Qualified Person Statement

David Watkinson, P.Eng., a non-independent qualified person under NI 43-101, has reviewed and

approved the scientific and technical information contained in 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 advancing strategic critical mineral

projects for exploration and resource development. The Company is currently advancing its Bornite

copper-gold-silver property in Oregon, its Xeno rare earth property in British Columbia and its Thompson

Valley lithium clay property in Arizona. Ameriwest also 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.

For more information on the Company, investors should review the Company’s filings available at

www.sedarplus.ca.

On Behalf of the Board of Directors

David Watkinson

Chief Executive Officer and Director

For further information please contact:

Ameriwest Critical Metals Inc.

Tel: (416) 918-6785

Email: [email protected]

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 or events to differ

materially from those anticipated in such forward-looking information. Additional statements that may constitute forward-looking information,

are statements regarding the prospectivity of the expanded claim block, the potential for additional breccia pipe-style targets, and the Company’s

plans to undertake historical data compilation, target generation, mapping, geophysical work and other follow -up exploration. Such forward-

looking information is based on a number of material factors and assumptions, including, without limitation, the Company’s current interpretation

of available historical information, the availability of financing, contractors and equipment, the receipt of any required permits and app rovals,

and the Company’s ability to carry out its exploration plans as currently contemplated. Forward -looking information is subject to known and

unknown risks, uncertainties and other factors that may cause actual results to differ materially, including risks relating to the interpretation of

historical information, exploration results, the possibility that additional targets may not be identified or confirmed, permitting, market conditions,

and the availability of financing and services. 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 Company operates, prevail ing 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

CSE: AWCM

OTC: AWLIF

FSE: 5HV

www.ameriwestcriticalmetals.com

expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-loo king 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.