AM Resources Corporation announced the discovery of 49 new pegmatites within an area of 12,32 km2. These pegmatites consolidate the Company's strategic position in one of Austria's most prospective lithium areas. AM Resources' 1,500 km land package: Valerie Property: Located just 1 km southwest of the Frederick property, the Valerie property hosts 27 pegmatites over an area of 7.2 km.

The average pegmatite length is 203 metres and the longest one measures 447 metres. Emilia Property: Located 8 km southwest of the Frederick property, the 5.12 km Emilia property hosts 22 pegmatites with the longest pegmatite measuring 505 metres long and 110 metres wide, showcasing the large scale potential of the Austrian Pegmatite Belt. Total length of pegmatites ?

a marker of potential: The cumulative length of pegmatites across the Valerie and Emilia properties amounts to 8 km, indicative of the substantial prospective lithium opportunity at hand. Geological setting, the importance of the mica schists bodies: The geology of the Austrian Pegmatite Belt is similar to geological formations in Canada. The presence of mica schists is significant.

Mica schists are metamorphic rocks that have undergone high-temperature and pressure changes. These conditions are favorable for the formation of certain minerals, including spodumene, from the breakdown of Li-bearing alumino-silicate mineral staurolite, which can contain significant amounts of lithium (up to 0.3% Li2O). The breakdown of staurolite can release lithium into the surrounding rock, where it can be incorporated into pegmatites.

The partial melting of rocks is crucial for the development of pegmatites in the Austroalpine Unit of the Eastern Alps, where albite-spodumene pegmatites are associated with metamorphic events. The evidence suggests pegmatites are derived from the anatexis of Al-Li-rich metapelites under upper amphibolite facies conditions.