American Lithium Minerals, Inc. (ALML) is a U.S.-based enterprise dedicated to the exploration for lithium and rare earth minerals. Its diverse portfolio of properties includes the Stonewall Flat Lithium project, which covers an estimated 1,250 acres within Nevada's Lida Valley Basin on Stonewall Playa. The company also controls the Kingman Rare Earth project, comprising two distinct sites: the Kingman Feldspar Mine and the Mineral X property. Additional holdings consist of the Silver Peak Lithium prospect, a claystone lithium deposit made up of 24 lode mining claims in Esmeralda County, and the West End Lithium property, similarly featuring 24 lode mining claims in Nye County, Nevada. Originally established in 2005, the firm adopted its current name in March 2009, having previously operated as Nugget Resources Inc. American Lithium Minerals, Inc. maintains its headquarters in Las Vegas, Nevada.
American Lithium Minerals, Inc. (OTC: AMLM) Reports Fiscal Q3 2026 Results
American Lithium Minerals filed its Q3 report showing total assets of $18.7 million and stockholders' equity of $17.7 million, driven by acquisitions and equity investments.
The company reported a net loss of $155,449 for the quarter, ending with $50,404 in cash, improved from a deficit position due to promissory notes and Regulation A+ subscriptions.
AMLM signed an LOI to sell its Piscau-North Project to a Canadian public company for $6 million in deemed value, concurrent with a $5.5 million financing round tied to the transaction.