- 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-percent interest in projects located in Clayton Valley and Fish Lake Valley, Esmeralda County, Nevada, at Cat-Euclid, Birse, and Shatford Lakes in southeastern Manitoba, and at Bailey Lake in northeastern Saskatchewan.
- Both Clayton Valley and Fish Lake Valley projects have year-round access to expertise, infrastructure, rail and roads, power and water, including favorable weather conditions and logistics.
- The projects 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 has acquired and is under the option to acquire a combined 100-percent interest in 122 claims totaling 2,440 acres in Clayton Valley, and holds 100-percent interest in 144 lode mining claims totaling approximately 2,975 acres in Fish Lake Valley.
- ACME Lithium holds 100-percent interest in 21 claims totaling 8,883 acres in the Shatford Lake pegmatite field, 10 claims totaling 5,196 acres at Birse Lake, and six claims totaling 2,930 acres in the Cat-Euclid Lake shear zone in southeastern Manitoba.
- ACME has entered an option agreement to purchase a 100-percent interest in a core block of 13 contiguous mineral claims encompassing 25,900 hectares and a purchase agreement of five additional contiguous claims comprised of 15,794 hectares, totaling 41,694 hectares at Bailey Lake in northeastern Saskatchewan.
- 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 significant lithium discovery from the recently drilled DH-1 hole at its Clayton Valley lithium brine project.
- The company has signed an agreement with ASTERRA, an Israel-based satellite technology company, to use its technology to identify lithium-specific targets. ASTERRA's satellite-based technology has already helped ACME Lithium identify high-grade lithium targets at Fish Lake Valley, Nevada, with values up to 1,325 parts per million (ppm) lithium.
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 — with 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 has 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, southeastern Manitoba, and northeastern Saskatchewan. 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.