Northern Prospector 2023-24

Page 22

ACME LITHIUM FOCUSED ON DISCOVERY IN SASKATCHEWAN AND MANITOBA

A

CME Lithium, a mineral ex-

previous historic sampling in the area

matites with anomalous Tantalum. The

ploration company focused on

that displayed lithium occurrences in

results of the winter drilling program

acquiring, exploring, and devel-

spodumene in the Bailey Lake and Mi-

led to three specific areas on ACME’s

oping battery metal projects in

saw Lake region, with ACME’s large

property that are recommended for fol-

partnership with leading technology and

claim block containing multiple indica-

low up. Much of ACME’s project area

commodity companies, has its sights set

tions of LCT pegmatites. As Saskatch-

in Manitoba remain of interest and are

on central Canada as one of the most ex-

ewan is a highly prospective region for

underexplored.

citing places for lithium exploration and

critical mineral development and the

development.

Saskatchewan government recently an-

ACME currently holds mining claims totalling 41,694 hectares at its Bailey Lake project in northeastern Saskatchewan, as well as claims totalling approximately 17,000 acres in the pegmatite

nouncing an expansion to its existing investments and innovation incentives for lithium projects, ACME hopes to be at the forefront of lithium exploration in the province.

fields of the Bird River Greenstone Belt

To the east in Manitoba, ACME spent

in southeastern Manitoba, next door

last winter conducting its Phase 1 drill

to the world class TANCO mine. With

program at its Shatford Lake project in

both regions being highly prospective for lithium and showing encouraging geology, ACME is taking the steps to be at the forefront of lithium exploration in central Canada. In northeastern Saskatchewan, ACME has just completed a summer exploration program in partnership with AXIOM Exploration Group. The summer exploration program consisted of 1,166 line-km of helicopter borne tri-axial gradiometer magnetics, radiometrics, and LiDAR as well as prospecting for additional drill targets which included 336 rock samples collected for geochemical analysis. Samples have since been sent to SGS Canada Inc. for testing with results expected in Q4 2023. The exploration program expanded on 22 2023-2024 Northern Prospector

the southeastern corner of the province. This drill program was based on geological prospecting with lithium determinations by LIBS and geophysical magnetic interpretation. Drilling and magnetic interpretation was successful in defining broad structural belts with multiple unexposed pegmatites and cross structural

ACME Lithium is made up of a team of experience professionals who have successfully built and financed resource companies around the world. Along with holding its two projects in central Canada, ACME holds two mining project areas in one of the most exciting mining jurisdictions in the world: Esmeralda County, Nevada. In the epicentre of lithium brine development and production, Clayton Valley, ACME has just completed a successful pumping test at its lithium brine project as part of a Phase 2 exploration program. This successful 2023 campaign is waiting on further results that could lead to a potential initial resource.

features in these broad belts that control

Just over the foothills to the west sits

pegmatite injection. The drill program

ACME’s Fish Lake Valley project (FLV).

consisted of eight drill holes where 26

The FLV project area holds 207 mining

pegmatites were intersected in six of

claims and neighbours Ioneer’s Rhyolite

eight holes. 235 samples were collected

Ridge world class lithium sedimentary

and sent off for testing from the January

claystone project, set to go into mine

to April 2023 drill program, with results

construction in Q1 2024. With all four

indicating four areas with anomalous

North American projects in regions

lithium, tin, or tantalum in pegmatites

that are highly prospective for lithium,

and one area with a broad lithogeo-

ACME is well positioned in a growing

chemical anomaly for lithium, cesium,

battery market that is set to rapidly grow

strontium, and vanadium with thin peg-

in the coming years. ✘


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