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American Lithium Minerals (OTCID: AMLM) continues to reposition itself as a diversified, U.S.-anchored critical minerals company as it advances a series of mineral acquisitions spanning North America, South America, and Africa. The Company’s strategy aligns with growing U.S. government and allied initiatives focused on critical minerals supply-chain security, securing domestic lithium, rare earth elements (REEs), and strategic metals essential to the energy transition, electric vehicles (EV batteries), national defense, and advanced manufacturing.
In the United States, AMLM has expanded its Sarcobatus Lithium Property in Nye County, Nevada, increasing the project to 87 placer mining claims totaling approximately 1,730 acres. The expanded land position is adjacent to Nevada State Highway 267 and existing power infrastructure, supporting future lithium processing facilities, tailings capacity, and mining infrastructure. Sarcobatus is a brine and sedimentary lithium project located near Nevada Lithium’s Bonnie Claire lithium project and Loyal Lithium’s Scotty lithium project, positioning AMLM within a key domestic lithium corridor in the United States.
In Canada, AMLM acquired an ownership stake in Cunningham Mining, providing indirect exposure to the Nugget Trap placer claims, a 573.7-acre gold property located in British Columbia’s Golden Triangle. The Golden Triangle is globally recognized for high-grade gold, silver, precious and base metals exploration, offering meaningful near-term exploration potential.
Internationally, the Company secured exclusive options to acquire 100% ownership of two projects in Chile, one of the world’s most prolific mining jurisdictions. These include the La Grande Plata silver project, a high-sulphidation epithermal silver system with up to 10 kilometers of mineralized strike, and the Furano copper-gold porphyry project, both benefiting from proximity to established infrastructure in northern Chile.
AMLM has also entered letters of intent to acquire interests in gold projects in Canada and Tanzania, including an ownership interest in the Sangambi Gold Project. Sangambi is supported by a NI 43-101 technical report estimating 1.2 million ounces of gold at an average grade of 2.0 g/t.
In Quebec, Canada, AMLM secured exclusive options on three polymetallic and rare earth element projects, further strengthening its exposure to critical minerals and precious metals in a tier-one mining jurisdiction.