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

Rhea-AI Summary

American Lithium Minerals (OTC: AMLM) announced Stantec completed an independent appraisal valuing the Sarcobatus Flat Lithium Brine Project at USD $2,719,743. The early-stage Nevada project covers 234 placer claims (4,680 acres) with surface samples showing 140–300 ppm lithium.

Management said the asset aligns with USGS brine models and expects the technical report filing, audit completion in Q2, and a planned uplisting later in 2026.

Positive

• Independent valuation of $2,719,743 for Sarcobatus asset
• Project footprint: 234 claims / 4,680 acres in Nevada
• Surface samples show 140–300 ppm lithium consistent with Nevada basins
• Planned audit completion in Q2 2026 and potential uplisting later in 2026

Negative

• Project is early-stage with valuation based on market comparisons, not measured reserves
• No drilling results or resource estimate yet to demonstrate commercial potential
• Appraisal value of $2.72M is small relative to advanced Nevada lithium assets

Globe Small Cap Research Releases Company Report

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").

The 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.

Surface sampling verified by independent consultants shows anomalous lithium values of 140–300 ppm, consistent with early indicators seen in other Nevada lithium basins.

The project sits within one of the most active lithium exploration corridors in the U.S., with nearby projects including:

• Albemarle's Silver Peak Mine (only active U.S. lithium brine operation).
• Nevada Lithium's Bonnie Claire Project (PEA-stage, multi‑million‑tonne resource).
• American Battery Technology Company's Tonopah Flats Project (Pre‑Feasibility)

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.

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.

"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 Lithium Minerals, Inc. "Their expertise and rigorous approach give us confidence with the valuation of the asset as we move toward to the completion of our audit in the second quarter and subsequent uplisting later this year."

The full technical report will be filed with the appropriate securities regulatory authorities and made available on the company's website in the coming weeks.

Globe Small Cap Research, LLC has issued a Research Report with a positive risk/reward view on AMLM, describing it as a high-risk, high-reward early-stage explorer positioned in the booming critical minerals sector (lithium, boron, REE, copper, silver, gold) for EVs, batteries, and the energy transition. Information at (https://bit.ly/477BtBH).

Key highlights:

• Flagship asset: Sarcobatus Playa lithium-boron project in Nevada
• Diversified portfolio (late 2025–early 2026): Quebec polymetallic/REE/copper-gold projects, Chile silver & porphyry copper-gold options, 19% stake in BC placer gold (Nugget Trap), plus LOI-stage gold projects in Yukon and Tanzania.
• Strategic pivot: Post-control change (Oct 2025), company is building a multi-commodity acquisition platform via subsidiary American Mineral Resources, Inc., with ambitious plans for real-world-asset tokenization.

Analyst view: AMLM benefits from strong long-term lithium/metal demand, with properties  adjacent to known projects, and multiple "drill-ready" assets. Potential catalysts include drilling results, technical reports, partnerships, and tokenization execution.

Bottom line: The report calls AMLM a speculative but compelling opportunity for risk-tolerant investors, with "meaningful upside potential" if management executes on project advancement and capital deployment.

FORWARD-LOOKING STATEMENTS:

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties.

Contact:

American Lithium Minerals, Inc
1007 South Street
Carson City, NV 89701
Phone: (775) 587-6137
E-mail: info@americanmineralresources.com
X: @AMR_MineralRes
LinkedIn: https://bit.ly/4qjAuWE

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SOURCE American Lithium Minerals, Inc

FAQ

What did Stantec value American Lithium Minerals' (AMLM) Sarcobatus project at on March 18, 2026?

Stantec appraised the Sarcobatus Flat Lithium Brine Project at USD $2,719,743. According to the company, the valuation used market-based comparisons to similar exploration property transactions and reflects early-stage potential.

How large is the Sarcobatus Lithium Property reported by American Lithium Minerals (AMLM)?

The property comprises 234 unpatented placer claims totaling 4,680 acres. According to the company, the claims sit on federal land in a closed basin geologically similar to Clayton Valley.

What lithium concentrations were reported from surface sampling at AMLM's Sarcobatus site?

Surface sampling returned anomalous lithium values of 140–300 ppm. According to the company, independent consultants verified these early indicators consistent with other Nevada lithium basins.

When does American Lithium Minerals (AMLM) expect to complete its audit and pursue uplisting?

The company expects audit completion in Q2 2026 with a subsequent uplisting later in 2026. According to the company, the audit and technical report filing are immediate near-term steps.

Does the Stantec appraisal mean AMLM's Sarcobatus project is production-ready?

No; the appraisal provides an early-stage market valuation but not a resource or feasibility result. According to the company, further drilling and technical work are required to advance toward commercial development.