American Lithium acquires 19% stake in Cunningham Mining

American Lithium Minerals (AMLM) has acquired a 19% involvement successful Cunningham Mining, which owns the Nugget Trap Placer Claims successful the Golden Triangle portion of British Columbia, Canada.

The fiscal presumption of the woody were not disclosed.

The spot progressive successful the woody is located successful the Skeena Mining Division. It spans 573.7 acres and includes indispensable permits for a 30,000-cubic gait yearly mining programme authorised by the British Columbia Ministry of Mines.

Recent autarkic assays person shown an mean golden contented of much than 25.54g per cubic metre of pay, alongside important metallic quantities.

In adjacent proximity to Cunningham Mining's claims, Seabridge Gold’s KSM Project represents 1 of the largest undeveloped golden deposits globally.

KSM has estimated proven and probable reserves of 38.8 cardinal ounces (moz) of golden and 10.2 cardinal pounds of copper.

The region's golden is typically fine-grained, originating from ample upstream deposits specified arsenic those managed by Seabridge Gold.

In tandem with the acquisition, American Lithium Minerals has announced Ryan Cunningham arsenic president and CEO of its subsidiary, American Mineral Resources.

Cunningham is acceptable to bring important acquisition successful mining operations, onshore improvement and assets absorption to the role.

American Lithium Minerals’ different projects see La Grande Plata successful Chile for metallic extraction, and Furano, a copper-gold task besides located successful Chile.

In Canada, the institution is progressive successful assorted projects crossed Quebec and the Yukon, including polymetallic and uncommon world ventures.

Furthermore, the institution is progressing its Sarcobatus Lithium spot successful cardinal Nevada portion actively seeking further exploration and acquisition opportunities to grow its mineral holdings worldwide.

In December 2025, American Lithium Minerals secured exclusive enactment rights to 3 cardinal mineral properties successful Quebec. This determination importantly broadens the company’s portfolio of projects focused connected captious and precious metals.

The assets progressive successful the woody encompass the Piscau-North polymetallic project, the QC uncommon world elements task and the Couture project.

"American Lithium acquires 19% involvement successful Cunningham Mining" was primitively created and published by Mining Technology, a GlobalData owned brand.

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