Business

Stantec Appraises American Lithium Minerals, Inc. (OTC: AMLM) Lithium Property

Stantec Appraises American Lithium Minerals, Inc. (OTC: AMLM) Lithium Property.

articleAmerican Lithium Minerals, Inc.March 18, 20264/company/american-lithium-minerals-inc/news/stantec-appraises-american-lithium-minerals-inc-otc-amlm-lithium-property
Stantec Appraises American Lithium Minerals, Inc. (OTC: AMLM) Lithium Property

About this update from American Lithium Minerals, Inc.

[{"type":"text","content":"\r\n\r\n \r\n \r\n Stantec Appraises American Lithium Minerals, Inc. (OTC: AMLM) Lithium Property\r\n \r\n \r\n\r\n\r\nStantec Appraises American Lithium Minerals, Inc. (OTC: AMLM) Lithium Property\r\n\r\n\r\n\r\n\r\n\r\n\r\nGlobe Small Cap Research Releases Company Report\r\n CARSON CITY, Nev., March 18, 2026 /PRNewswire/ -- American Lithium Minerals Inc. (OTC: AMLM) (\"AMLM\" or the \"Company\"), a dynamic exploration-stage company focused on critical metals, precious metals, and rare earth elements powering the global energy transition, today announced the completion of an independent appraisal of its Sarcobatus Lithium Property, conducted by Stantec Consulting Services Inc (\"Stantec\").\r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\nThe Sarcobatus Flat Lithium Brine Project is an early‑stage lithium exploration asset located in Nye County, Nevada, within a closed basin geologically similar to the Clayton Valley, home to the only producing lithium brine operation in the United States. The project comprises 234 unpatented placer claims totaling 4,680 acres on federal land.\r\n Surface sampling verified by independent consultants shows anomalous lithium values of 140–300 ppm, consistent with early indicators seen in other Nevada lithium basins.\r\n The project sits within one of the most active lithium exploration corridors in the U.S., with nearby projects including:\r\n \r\n Albemarle's Silver Peak Mine (only active U.S. lithium brine operation).\r\n Nevada Lithium's Bonnie Claire Project (PEA-stage, multi‑million‑tonne resource).\r\n American Battery Technology Company's Tonopah Flats Project (Pre‑Feasibility)\r\n \r\n Situated in a structurally closed basin surrounded by volcanic tuff and ash formations—key source rocks for lithium brine systems. It is a low-cost entry point relative to advanced-stage Nevada lithium assets. Geological characteristics align with the USGS Preliminary Deposit Model for Lithium Brines.\r\n The report concludes that the Sarcobatus Flat Lithium Brine Project is valued at USD $2,719,743, based on a market‑based comparison to similar lithium exploration property transactions.\r\n \"We are encouraged by Stantec's findings, which validate the long-term potential of the Sarcobatus Flat Lithium Brine Project,\" said Frank Kristan, President of American Li...

More updates from American Lithium Minerals, Inc.