American Lithium Minerals Expands Global Presence with Major Gold Project Acquisitions
American Lithium Minerals Expands Global Presence
American Lithium Minerals Inc. (OTCID: AMLM) is on a mission to broaden its global footprint by entering into a strategic acquisition plan for two high-grade gold projects. This bold move represents not only a significant step in the company’s growth strategy but also positions it strategically for enhanced shareholder value through diversified asset management.
Exciting New Ventures in Canada and Tanzania
On December 23, 2025, AMLM announced that it has signed letters of intent to acquire interests in two promising gold projects — one situated in the renowned mining district in Canada and the other within a proven gold belt in Tanzania. This dual approach showcases AMLM’s commitment to exploring and developing precious metals in both established and emerging mining jurisdictions.
The Canadian project includes an 18% interest in the Sangambi Gold Project through a collaboration with Aurum Excalibur Ventures Limited, a reputable entity in the mining sector. The Sangambi project holds a NI43-101 technical report that details an impressive mineral resource estimate of approximately 1.2 million ounces of gold at an average grade of 2.0 grams per tonne. Valued at around $23 per ounce for gold in the ground, the acquisition reflects significant economic potential for both the company and stakeholders interested in the project.
Conversely, the Tanzanian venture involves acquiring a 49% interest in 50 Mile Mining Corporation, which operates the Cheryl Creek gold mining project in Yukon. Lauded for its operational efficiency, Cheryl Creek is located in an established gold-producing region, laying the groundwork for AMLM's future operations in the area. The founder, Andrew Tai, whose roots in the Yukon reflect a deep connection to the land, brings firsthand local expertise to enhance the project’s potential.
Enhancing Resource Growth and Strategic Expansion
Frank Kristan, CEO of American Lithium Minerals, expressed the transformative nature of these acquisitions, emphasizing the strategic importance of diversifying the company’s asset portfolio. “By securing high-quality gold assets in both a stable, mining-friendly jurisdiction like Canada and a high-growth region like Tanzania, we are building a balanced portfolio that can deliver both near-term production opportunities and long-term exploration success,” Kristan stated.
The company’s plans for 2026 include initiating comprehensive exploration programs on both properties, which will incorporate various activities like geophysical surveys, targeted drilling, and detailed resource assessment work. These efforts aim to unlock the full potential of the acquired assets, thereby increasing resource output and sustaining long-term growth.
Conclusion: A Vision for the Future
The recent strategic acquisitions by American Lithium Minerals represent a pivotal moment in its journey towards becoming a key player in the precious metals market. By investing in high-grade gold projects in jurisdictions with robust mining histories and potential, AMLM is set to amplify its presence and drive forward its vision of sustainable resource growth. The company’s dual-focus strategy could position it for new avenues of exploration and development, ultimately benefiting its shareholders and contributing to the broader mining community. As AMLM continues its ambitious path, stakeholders anticipate what promises to be an exciting new chapter in its story.
About American Lithium Materials, Inc.
American Lithium Materials, Inc. is an exploration-stage mining company focused on critical metals essential for powering the global energy transition, including gold, lithium, and rare earth elements. Now repositioning itself to pioneer real-world asset tokenization, AMLM stands at the forefront of innovation within the industry.