AMLM Acquires Gold Projects in Tanzania

Published: 23 Dec, 2025 06:00 Sources: S1 S2 Category: Business Language: English Country: Tanzania

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American Lithium Minerals Inc. signed letters of intent to acquire gold projects in Tanzania and Canada to expand its global portfolio. The company plans to take an 18% stake in the Sangambi Gold Project in Mbeya, which holds an estimated 1.2 million ounces of gold. The acquisitions support asset diversification and growth. AMLM plans exploration programs on both sites in 2026.