American Lithium pulls trigger on strategic acquisition of 19% interest in Cunningham

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 16.Jan.2026, Words: 283) — American Lithium Minerals, Inc. announced the acquisition of a 19% interest in Cunningham Mining Ltd.

Cunningham owns Placer Claims known as the ”Nugget Trap” in the British Columbia Mineral Title registry, covering 573.7 acres, along with the accompanying permits and authorizations, American Lithium said on 16 Jan. 2026 in an official statement. 

Other highlights include

— the property is situated within the Skeena Mining Division of British Columbia, Canada, in the area known as BC’s Golden Triangle,

— a recent independent assay, which includes data from a 25-pit test program, indicated an average of over 25.54 grams of gold per cubic meter of pay, as well as meaningful amounts of silver,

— the company is currently permitted for a 30,000 cubic yard per annum pay mining program with the British Columbia Ministry of Mines,

— located in northwestern British Columbia, Canada, the Golden Triangle boasts some of the most impressive gold discoveries in North America,

— the company is developing a significant portfolio of assets that include the following:

  • La Grande Plata: A Large-Scale, High-Grade Silver Project in Chile
  • Furano: A Promising Porphyry Copper-Gold Project in Chile
  • QC Rare Earth Project – Quebec, Canada  
  • Piscau-North Polymetallic Gold Project – Quebec, Canada
  • Couture Copper Project – Quebec, Canada
  • Cheryl Creek Gold Project – Yukon, Canada

— the company’s current project is the Sarcobatus lithium property comprised of 1,780 acres of mining claims in Central Nevada. It intends to expand its exploration and acquisition for mineral properties worldwide, and

— the company is working on financing for its portfolio assets to enable them to further develop the properties with potential for production and income

____________________

By Isaac Silvestre reporting from Houston. © 1999-2026 Energy Analytics Institute (EAI). All Rights Reserved.