American Lithium Minerals, Inc. (OTC: AMLM) Acquires 100% Interest in High Grade New Zealand Gold–Antimony Projects
https://www.globenewswire.com/news-release/20...jects.html
CARSON CITY, Nevada, June 30, 2026 (GLOBE NEWSWIRE) -- American Lithium Minerals, Inc. (OTC: AMLM) (“AMLM” or the “Company”), an exploration-stage mining company focused on gold, silver, lithium, rare earth elements, and other critical metals, is pleased to announce that it has completed the acquisition of a 100% interest in two Stibnite Mountain gold–antimony projects in New Zealand, Mt Stoker and Lannigans.
Transaction Highlights
Acquisition of two high-grade gold–antimony projects (Mt Stoker and Lannigans) for 1,000,000 common shares of American Lithium Minerals, Inc. as full consideration. [Vendor name to be confirmed; full terms as set out in the definitive agreement.]
Projects host multiple historical antimony mines with reported rock chip samples up to 40.2% Sb (Lannigans) and historical gold sampling up to 50 g/t Au (Mt Stoker).
Provides AMLM a strategic foothold in New Zealand’s emerging critical minerals sector.
Project Overview
Mt Stoker – Gold & Antimony
The Mt Stoker area covers a broad structural corridor hosting eight historical gold mines and two historical antimony mines. Historical sampling includes grades up to 50 g/t Au, with shallow drilling confirming near-surface mineralization such as 1m @ 5.7 g/t Au at 10m depth. These results indicate a robust orogenic gold system with district-scale potential.
Lannigans – High-Grade Antimony
The Lannigans project includes three primary antimony prospects—Lannigans Mine, Clendon, and Parekura—distributed along a 2.7 km shear zone. Historical production grades have been estimated at 9.2% Sb, with rock chip samples returning up to 40.2% Sb. Mineralization is dominated by stibnite and antimony oxides, offering strong potential for near-term resource definition.
The historical production and sampling results referenced in this press release are derived from historical records, have not been independently verified by the Company, and are not compliant with any current mineral resource reporting standard. They are not necessarily indicative of mineralization on the projects and should not be relied upon. Exploration is at an early stage, and no mineral resources or reserves have been established on the acquired projects.
New Zealand’s recently introduced Fast Track Approvals Bill is expected to improve permitting efficiency for mining projects.
Frank Kristan, President and Chief Executive Officer of American Lithium Minerals, Inc., stated:
“The Stibnite Mountain acquisition is a decisive step in building AMLM into a diversified critical-minerals platform with real scale. Antimony is a strategically constrained mineral globally, and these New Zealand assets give us immediate exposure to multiple high-grade antimony systems alongside proven high-grade gold. These projects host historical workings that have never been systematically explored with modern methods, and we see a clear opportunity to advance them. This positions AMLM to pursue partnerships, accelerate development, and strengthen our role in supplying minerals essential to energy, defense, and advanced manufacturing.”
https://www.globenewswire.com/news-release/20...jects.html
CARSON CITY, Nevada, June 30, 2026 (GLOBE NEWSWIRE) -- American Lithium Minerals, Inc. (OTC: AMLM) (“AMLM” or the “Company”), an exploration-stage mining company focused on gold, silver, lithium, rare earth elements, and other critical metals, is pleased to announce that it has completed the acquisition of a 100% interest in two Stibnite Mountain gold–antimony projects in New Zealand, Mt Stoker and Lannigans.
Transaction Highlights
Acquisition of two high-grade gold–antimony projects (Mt Stoker and Lannigans) for 1,000,000 common shares of American Lithium Minerals, Inc. as full consideration. [Vendor name to be confirmed; full terms as set out in the definitive agreement.]
Projects host multiple historical antimony mines with reported rock chip samples up to 40.2% Sb (Lannigans) and historical gold sampling up to 50 g/t Au (Mt Stoker).
Provides AMLM a strategic foothold in New Zealand’s emerging critical minerals sector.
Project Overview
Mt Stoker – Gold & Antimony
The Mt Stoker area covers a broad structural corridor hosting eight historical gold mines and two historical antimony mines. Historical sampling includes grades up to 50 g/t Au, with shallow drilling confirming near-surface mineralization such as 1m @ 5.7 g/t Au at 10m depth. These results indicate a robust orogenic gold system with district-scale potential.
Lannigans – High-Grade Antimony
The Lannigans project includes three primary antimony prospects—Lannigans Mine, Clendon, and Parekura—distributed along a 2.7 km shear zone. Historical production grades have been estimated at 9.2% Sb, with rock chip samples returning up to 40.2% Sb. Mineralization is dominated by stibnite and antimony oxides, offering strong potential for near-term resource definition.
The historical production and sampling results referenced in this press release are derived from historical records, have not been independently verified by the Company, and are not compliant with any current mineral resource reporting standard. They are not necessarily indicative of mineralization on the projects and should not be relied upon. Exploration is at an early stage, and no mineral resources or reserves have been established on the acquired projects.
New Zealand’s recently introduced Fast Track Approvals Bill is expected to improve permitting efficiency for mining projects.
Frank Kristan, President and Chief Executive Officer of American Lithium Minerals, Inc., stated:
“The Stibnite Mountain acquisition is a decisive step in building AMLM into a diversified critical-minerals platform with real scale. Antimony is a strategically constrained mineral globally, and these New Zealand assets give us immediate exposure to multiple high-grade antimony systems alongside proven high-grade gold. These projects host historical workings that have never been systematically explored with modern methods, and we see a clear opportunity to advance them. This positions AMLM to pursue partnerships, accelerate development, and strengthen our role in supplying minerals essential to energy, defense, and advanced manufacturing.”
