AM Resources Corporation ('AM Resources' or the 'Corporation') (TSXV: AMR) (Frankfurt: 76A) is pleased to announce the discovery of new spodumene-bearing pegmatites at its 100%-owned Sankt Rad, East Wolf and Legend lithium projects in Austria.

AM Resources also announces the acquisition of the Stall project in Austria.

SANKT RAD PROJECT

Preliminary exploration work on the Sankt Rad project covered approximately 23.5 km-2 and involved visiting 14 locations with pegmatite bodies, including in situ outcrops and boulders. Various types of locations were explored, ranging from areas near roads, road cuts, hiking trails, to animal trails.

The exploration team identified several types of pegmatites, including simple pegmatites, evolved pegmatites, and albite-spodumene pegmatites, suggesting a diverse geological composition in the area. Mineralogical zoning was observed in the spodumene-bearing pegmatites, with a predominance of green-colored spodumene, though beige specimens were also encountered. The presence of minerals like spodumene within the albite-spodumene pegmatites warrants further exploration.

The Corporation also collected a total of 229 pegmatite grab samples and 6 spodumene-bearing pegmatite grab samples on the Sankt Rad project, which will be submitted for assay and geochemical analysis.

EAST WOLF AND LEGEND PROJECTS

Preliminary exploration work on the East Wolf and Legend projects covered an area of approximately 15 km-2 each. Both properties have shown similarities in their geological structures. Predominantly in situ pegmatite bodies and boulders of various sizes were discovered during the exploration program. The mineralogical composition of these bodies includes quartz, feldspar, mica, biotite, tourmaline, garnet, and, in some cases, spodumene, hosted in mica schist and amphibolite.

The Corporation also collected a total of 32 pegmatite grab samples and 4 spodumene-bearing pegmatite grab samples from the East Wolf project, and 51 pegmatite grab samples from the Legend project, which will be submitted for assay and geochemical analysis.

STALL PROJECT

The Stall property is comprised of 19 claims that have been acquired by AM Resources in November 2023 by way of staking.

Tungsten occurrences alongside lithium-bearing pegmatites is of particular importance due to its geological association. Tungsten is commonly found in close proximity to pegmatite bodies in Europe, serving as a reliable indicator of the mineralized nature of the surrounding geological formations. As such, the identification of tungsten in the Stall region strengthens the prospectivity of the area for hosting lithium deposits as confirmed by historical drilling. Tungsten, a critical metal with applications in manufacturing, aerospace, and defense industries, further enhances the potential of the Stall project.

The Corporation is looking forward to conducting their first exploration program this summer on this new promising property.

About AM Resources

AM Resources Corporation (TSXV: AMR) is a mining exploration company focused on the acquisition and exploration of lithium projects in Austria. The Corporation also holds interests in coal and natural bitumen projects in Colombia.

Contact:

David Grondin

President and Chief Executive Officer

AM Resources Corporation

Tel: 1-514-360-0576

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