Lithium

Acme Lithium

ACME Lithium

CSE:ACME

Key Projects in North America Lithium Development in Nevada and Manitoba

​Company Highlights

  • Led by an experienced team, ACME Lithium (CSE:ACME, OTCQX: ACLHF) is a mineral exploration company focused on acquiring, exploring, and developing battery metal projects in partnership with leading technology and commodity companies. ACME has acquired or is under option to acquire a 100-per-cent interest in projects located in Clayton Valley and Fish Lake Valley, Esmeralda County Nevada, and at Cat-Euclid and Shatford Lakes in southeastern Manitoba.
  • ACME Lithium’s Clayton Valley and Fish Lake Valley projects are located in the mining-friendly area of Esmeralda County in Nevada. Both properties have year-round access to expertise, infrastructure, rail and roads, power and water including favorable weather conditions and logistics.
  • Clayton Valley and Fish Lake Valley are strategically located near Albemarle Corporation’s lithium-producing Silver Peak mine with Clayton Valley potentially hosting similar lithium brine found at Silver Peak, as well as ioneer’s billion-dollar Rhyolite Ridge Lithium-Boron project which recently entered an agreement with Ford Motor Co, Toyota and Panasonic to supply lithium for electric vehicle production in the US.
  • ACME Lithium owns and is under the option to acquire a combined 100 percent interest in 122 claims totaling 2,440 acres in Clayton Valley and owns 100 percent interest in 144 lode mining claims totaling approximately 2,975 acres in Fish Lake Valley.
  • ACME Lithium owns 100 percent interest in 21 claims totaling 8,883 acres in the Shatford Lake pegmatite field and 6 claims totaling 2,930 acres in the Cat-Euclid Lake shear zone in southeastern Manitoba.
  • The company’s management team is highly experienced with a strong history of success in building and financing resource companies around the world including the development of lithium-based projects.
  • ACME Lithium announced a new lithium discovery from the recently drilled DH-1 hole at its Clayton Valley lithium brine project.
CEO Interviews
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INNspired

Overview

The large-scale shift to carbon-pollution-free electricity and net-zero emissions is already underway. According to analysts and industry executives, the global electric vehicle market size will cross US$980 billion by 2028, at a CAGR of 24.5 percent between 2022 and 2028. With the worldwide lithium battery market expected to grow exponentially in the coming decade — which has the potential to reach a record value of US$80 billion by 2026 — it’s clear there is significant potential and a lot of growth to come.

“And when you come into this growth period where year-on-year the volumes are getting significantly bigger in terms of orders from the battery industry, I think that has the potential to create a real bottleneck in terms of keeping supply up with demand,” said Andrew Miller, product director at Benchmark Mineral Intelligence in an interview with INN.

But with limited production capacity available in the United States, more production will be required to facilitate the growing needs of the electric vehicle and stationary grid storage markets. It’s this perfect storm of conditions that have led Clayton Valley in Esmeralda County, Nevada to become a hotspot for lithium exploration and development in the US. This region uniquely hosts the only US-based lithium mine.

ACME Lithium (CSE:ACME, OTCQX:ACLHF) is a junior mineral exploration and development company focused on acquiring and developing a portfolio of exploration-stage, lithium-containing projects in Nevada and southeastern Manitoba. The company’s management team is highly experienced with a strong history of success in building and financing resource companies around the world including the development of lithium-based projects.
ACME Lithium

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Overview

The large-scale shift to carbon-pollution-free electricity and net-zero emissions is already underway. According to analysts and industry executives, the global electric vehicle market size will cross US$980 billion by 2028, at a CAGR of 24.5 percent between 2022 and 2028. With the worldwide lithium battery market expected to grow exponentially in the coming decade — which has the potential to reach a record value of US$80 billion by 2026 — it’s clear there is significant potential and a lot of growth to come.

“And when you come into this growth period where year-on-year the volumes are getting significantly bigger in terms of orders from the battery industry, I think that has the potential to create a real bottleneck in terms of keeping supply up with demand,” said Andrew Miller, product director at Benchmark Mineral Intelligence in an interview with INN.

But with limited production capacity available in the United States, more production will be required to facilitate the growing needs of the electric vehicle and stationary grid storage markets. It’s this perfect storm of conditions that have led Clayton Valley in Esmeralda County, Nevada to become a hotspot for lithium exploration and development in the US. This region uniquely hosts the only US-based lithium mine.

ACME Lithium (CSE:ACME, OTCQX:ACLHF) is a junior mineral exploration and development company focused on acquiring and developing a portfolio of exploration-stage, lithium-containing projects in Nevada and southeastern Manitoba. The company’s management team is highly experienced with a strong history of success in building and financing resource companies around the world including the development of lithium-based projects.
ACME Lithium

ACME Lithium currently operates its Clayton Valley and Fish Lake Valley projects in the mining-friendly Esmeralda County area in Nevada. The properties are strategically located near Albemarle Corporation’s Silver Peak Lithium mine. The Silver Peak lithium mine has continuously produced lithium since 1966, with concentrations as high as +1,000 ppm of lithium. Ford Motor Company, Toyota, and Panasonic recently announced plans to buy lithium from ioneer Ltd’s Rhyolite Ridge mining project in Nevada to produce electric vehicle (EV) batteries in the US. ioneer’s Rhyolite Ridge project and mineral interests border ACME Lithium’s Fish Lake Valley project directly to the east.

ACME Lithium's projects are also located in an area with a developing battery supply chain, including Tesla’s Gigafactory, which sits only 200 miles away. Both of ACME Lithium’s Nevada properties have year-round access to expertise, infrastructure, rail and roads, power and water, including favorable weather conditions and logistics.

ACME Lithium - Nevada

The Clayton Valley property has the potential to host lithium brine just like the Silver Peak Lithium mine in Clayton Valley. The company expects to use Direct Lithium Extraction technology (DLE) to process lithium at Clayton Valley. It is a low-cost and sustainable technology that selectively removes pure lithium from brine water. As a more efficient process compared to traditional lithium extraction and with the development of relationships with companies that have DLE technology, it gives ACME Lithium a strong competitive advantage. The company strongly believes that its properties have the potential to produce lithium under simple metallurgical conditions based on preliminary indications.

ACME Lithium

The company’s leadership team has decades of experience in the mining, energy and finance sectors. ACME Lithium also boasts multiple notable industry figures, including Yiannis Tsitos, who has worked for the BHP Billiton group, William Feyerabend, who has direct experience in developing lithium projects and Steve Hanson, who has been involved in multiple successful M&A transactions in the mining and resource sector, including exit strategies with major corporations.

“We continue to look at accretive projects around the globe,” said ACME Lithium CEO Steve Hanson. To this end, ACME Lithium has two projects in Manitoba including the Cat-Euclid Lake claim area and the Shatford Lake claim area. An agreement signed earlier in 2022 for US$3 million with Lithium Royalty shows intent to pursue development in this region.

Company Highlights

  • Led by an experienced team, ACME Lithium (CSE:ACME, OTCQX: ACLHF) is a mineral exploration company focused on acquiring, exploring, and developing battery metal projects in partnership with leading technology and commodity companies. ACME has acquired or is under option to acquire a 100-per-cent interest in projects located in Clayton Valley and Fish Lake Valley, Esmeralda County Nevada, and at Cat-Euclid and Shatford Lakes in southeastern Manitoba.
  • ACME Lithium’s Clayton Valley and Fish Lake Valley projects are located in the mining-friendly area of Esmeralda County in Nevada. Both properties have year-round access to expertise, infrastructure, rail and roads, power and water including favorable weather conditions and logistics.
  • Clayton Valley and Fish Lake Valley are strategically located near Albemarle Corporation’s lithium-producing Silver Peak mine with Clayton Valley potentially hosting similar lithium brine found at Silver Peak, as well as ioneer’s billion-dollar Rhyolite Ridge Lithium-Boron project which recently entered an agreement with Ford Motor Co, Toyota and Panasonic to supply lithium for electric vehicle production in the US.
  • ACME Lithium owns and is under the option to acquire a combined 100 percent interest in 122 claims totaling 2,440 acres in Clayton Valley and owns 100 percent interest in 144 lode mining claims totaling approximately 2,975 acres in Fish Lake Valley.
  • ACME Lithium owns 100 percent interest in 21 claims totaling 8,883 acres in the Shatford Lake pegmatite field and 6 claims totaling 2,930 acres in the Cat-Euclid Lake shear zone in southeastern Manitoba.
  • The company’s management team is highly experienced with a strong history of success in building and financing resource companies around the world including the development of lithium-based projects.
  • ACME Lithium announced a new lithium discovery from the recently drilled DH-1 hole at its Clayton Valley lithium brine project.

Key Projects

Clayton Valley Project

Clayton Valley Project

The Clayton Valley project is located 190 miles northwest of the city of Las Vegas in Esmeralda County in Nevada. The property spans 2,440 acres with year-round access to expertise, infrastructure, rail and roads, power and water including favorable weather conditions and logistics. Clayton Valley is located directly to the northwest of Albemarle Corporation’s Silver Peaks lithium mine that has produced lithium minerals from brines continuously since 1966 including samples as high as 228 ppm lithium. Concentrations up to +1,000 ppm have also been found to occur within specific horizons of fine sediments.

ACME Lithium’s claims at its Clayton Valley project cover basin-fill sediments and aquifers that could be similar to the sediments currently producing brines in the region based on historic drill information and geophysical survey results. There is also promising evidence that the extensive valley growth faults provide an adequate plumbing system to foster brine reservoir accumulation for moving fluids around.

ACME Lithium owns and is under the option to acquire a combined 100 percent interest in 122 claims including the CC, CCP, JR and SX Placer claims on the Clayton Valley property. The company recently commenced its Phase 1 Drill Program in Clayton Valley. Harris Drilling Exploration and Associates Inc. has been contracted to provide drilling services based on prospective lithium brine targets defined by geophysical in Fall 2021. The drill program consists of advancement of an HQ core hole up to 500 meters at location DH-1 to assess lithology, permeability features, clay, sand and gravel content, and lithium brine potential. Core and brine samples are currently being analyzed at an independent lab.

Fish Lake Valley

The Fish Lake Valley project is located in Esmeralda County in Nevada. The project comprises of 100 percent interest in 144 lode mining claims that span approximately 2,975 acres with year-round access to expertise, infrastructure, rail and roads, power and water including favorable weather conditions and logistics. Fish Lake Valley is located over the foothills 24 miles west of Clayton Valley.

The Fish Lake Valley project is directly west of ioneer Ltd’s world class Rhyolite Ridge Lithium-Boron project. In July 2022, ioneer announced a binding battery joint venture with Toyota Motor Corp and Panasonic Corp to buy lithium from ioneer’s Rhyolite Ridge mining project and use the metal to build electric vehicle batteries in the US. Australia-based ioneer aims to produce about 21,000 tons of lithium in Nevada annually starting in 2025. It has also signed a supply deal with Ford Motor Co and South Korea’s Ecopro Co.

Fish Lake Valley

Exploration at Fish Lake Valley since 2010 has revealed sites with anomalous lithium values greater than 100 ppm in Tertiary claystone, sediment samples with values approaching 600 ppm lithium in claystone, positive geophysical surveys and lithium within clay-rich horizons. In 2018, the previous operator confirmed that it was, in fact, the same geological process resulting in high lithium values in fine sediments found at the Fish Lake Valley property.

The company is currently undergoing field work at Fish Lake Valley with follow up sub sampling as well as mapping, which is intended to better understand the geological model and focuses. The latest phase of field work traverses along a major drainage area where higher lithium values occurred. Further analysis will assist with drill hole targeting and access routes for potential drill sites.

Manitoba Projects

ACME Lithium owns 100 percent interest in 21 claims totaling 8,883 acres in the Shatford Lake pegmatite field and 6 claims to a total of 2,930 acres in the Cat-Euclid Lake shear zone. The Shatford Lake property consists of 15-kilometer structural trend of the Greer-Shatford Shear Zone, with numerous pegmatite dykes and favorable host rocks. The Cat-Euclid Lake claims sit on the prospective Cat-Euclid Lake shear zone and extend along southeasterly trend of known pegmatite occurrences.

The projects are found in the Bird River Greenstone Belt of southeastern Manitoba. The region hosts hundreds of individual pegmatite bodies, many of which are classified as complex rare-element Lithium-Cesium-Tantalum (LCT) pegmatites. LCT pegmatites account for a quarter of the world’s lithium production, making the region a global area of focus and opportunity for emerging and developing lithium projects. The Shatford Lake project neighbors the Tanco Mine, a producing lithium, cesium and tantallum mine purchased by Sinomine Corporation in 2019. The first pegmatite ore body was discovered in the late 1920s.

Manitoba Projects

In July 2022, ACME Lithium began an extensive summer exploration program focused on spodumene-bearing LCT pegmatites that can be a source for lithium carbonate deposits. The company also commenced an airborne geophysical survey at Shatford and Cat-Euclid Lake project areas in southeastern Manitoba. The survey was carried out by Dias Airborne with their state of the art QMAGT system. A total of 1,989 line kilometers was flown at a 65 m line spacing and at a sensor height of 35 m or at the safest height above the tree canopy. The summer program will help identify drill targets for an anticipated fall/winter drill program.

Management Team

Steve Hanson - Director, President, and CEO

Stephen Hanson has over 28 years of finance and corporate development experience across four continents. Hanson has held executive (CEO), board and advisor positions for numerous private and public companies in mining, alternative energy, oil and gas sectors. Hanson has been involved in a number of successful M&A transactions including exit strategies with major corporations.

Yannis Tsitos - Director

Yannis Tsitos is originally a physicist-geophysicist with nearly 30 years of experience in the mining industry, including 19 years with BHP Billiton group which is one of the biggest mining companies in the world. Tsitos is currently the President of Goldsource Mines Inc., a TSXV-listed company, and sits on several boards as an independent director.

William Feyerabend - VP Exploration

William Feyerabend is a Certified Professional Geologist and a member of the American Institute of Professional Geologists with direct working experience in the exploration and development of lithium projects, including technical reports in Nevada. Feyerabend has worked on projects in the American West, Mexico and South America.

Vivian Katsuris - Director

Vivian Katsuris is a specialist in corporate development, management, consulting, and corporate services. Katsuris has over 28 years of financial experience in the brokerage industry, the North American capital markets and public financings. Katsuris holds director and officer positions with several CSE- and TSXV-listed companies.

Zara Kanji - Chief Financial Officer, and Corporate Secretary

Zara Kanji is experienced in financial reporting compliance for junior listed companies, taxation, general accounting, financial reporting and value-added advisory services for individuals, private and public companies. Kanji is a member of the Chartered Professional Accountants of BC and Canada.

Paul McGuigan, P. Geo. - Technical Advisor

Paul McGuigan is a Professional Geoscientist registered with the Association of Engineers and Geoscientists of the Province of British Columbia, with 47 years of international experience in mineral exploration, deposit evaluation, mine operations, and corporate governance. As a geochemist, he developed the mineral separation techniques now commonly employed in mineral exploration, diamond exploration, and heavy mineral sands sampling. First employed by Resource Associates of Alaska, Pechiney Ugine Kuhlmann, and Esso Minerals Canada, he operated in Canada and the United States. For the last 36 years, Mr. McGuigan has managed the Cambria group of consulting companies in North and South America, Europe, Africa, the Middle East, and the Southwest Pacific. He has served as a member of the Consulting Practice and the Geoscience Committees of the Engineers and Geoscientists of BC.

Matt Banta, PH - Technical Advisor

Matt Banta has over 20 years of technical and professional experience in groundwater and surface water resource inventories, water development projects, and water resource management. Has managed and completed numerous groundwater and surface water resource investigations and inventories, hydraulic testing programs, aquifer testing programs and groundwater characterization studies throughout the world and western United States with focus on lithium brine, open pit, and underground mining projects.

Has extensive professional expertise in stakeholder engagement, environmental and natural resource studies, permitting, regulatory compliance, groundwater and surface water monitoring plans, and drilling program planning and management in the United States, Canada, South America, Russia, and Mexico.

*Disclaimer: This profile is sponsored by ACME Lithium ( CSE:ACME ). This profile provides information which was sourced by the Investing News Network (INN) and approved by ACME Lithium in order to help investors learn more about the company. ACME Lithium is a client of INN. The company's campaign fees pay for INN to create and update this profile.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with ACME Lithium and seek advice from a qualified investment advisor.

ACME Lithium

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  • Upcoming projects

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