acme scrap metal

ACME Lithium Successfully Advances Lithium Brine Targeting and Commences Phase 2 Geophysical Survey

ACME Lithium Inc. (CSE: ACME) (OTCQB: ACLHF) (the "Company", or "ACME") is pleased to report that Hasbrouck Geophysics has completed the processing, modelling and interpretation of the detailed gravity survey at ACME's Clayton Valley lithium project in Nevada. The gravity survey is Phase 1 of a two-phase geophysical survey program with the Phase 2 Hybrid-Source Audio-Magnetotellurics (HSAMT) survey commencing immediately.

The results of the gravity and HSAMT surveys will be used to prioritize drill locations to test for lithium concentrations within brines. ACME's project is contiguous to Albemarle's Silver Peak lithium resource and production facility. Lithium source material and transport mechanisms for the CC, CCP, JR and SX claims are present and could be similar to those that have supplied Clayton Valley lithium-bearing brines and may be conducive to increased lithium-bearing brine concentrations.

Previous reconnaissance gravity data acquired in Clayton Valley by Sierra Geothermal Power Corporation ("Sierra"), under contract to the U.S. Department of Energy, and GeoXplor Corp. ("GeoXplor") were on a nominal one-kilometer grid near the CC, CCP, JR and SX claims and the new data were acquired on a 250-meter grid over the claims to map in detail the depth to bedrock or thickness of sediments, map geologic structure relative to the occurrence of lithium-bearing brine, and to provide information for the design of additional geophysical surveys.

In the Clayton Valley region, it is thought that lithium enriched volcanics that outcrop in the area are the source of lithium. The predominant features within the modeled bedrock depth map from the gravity data are a relatively long bedrock low that extends from near the northwest edge of the surveyed area towards the south-southeast, another relatively long bedrock low extending south from near the northeast portion of the surveyed area and a general area of deeper bedrock in the southern portion of the area. These bedrock lows that may concentrate lithium-bearing water will be investigated with the HSAMT geophysical method along several lines. The HSAMT survey will map geologic stratigraphy and structure relative to the occurrence of lithium-bearing brine, identify conductors that are thought to be representative of lithium-bearing brine and determine the dip and thickness of those conductors.

William Feyerabend, Certified Professional Geologist is a qualified person as defined by NI 43-101, and has supervised the preparation of the scientific and technical information that forms the basis for this news release.

About ACME Lithium Inc.

Backed by a successful track record on finding and developing global resources, ACME Lithium has two projects located in a highly prospective region for lithium development and production in the Clayton Valley region of Esmeralda County, Nevada. The Company has acquired, or under option to acquire, a 100-per-cent interest in 122 claims encompassing approximately 2,440 acres, comprising the CC, CCP, JR and SX placer lithium claims, located in Clayton Valley, Esmeralda county, Nevada. ACME also holds a 100-per-cent interest in the FLV claims, being 81 lode mining claims totaling approximately 1,620 acres, in Esmeralda county, Nevada, which are prospective for lithium contained in tertiary claystones.

On behalf of the Board of Directors

Stephen Hanson
Chief Executive Officer, President and Director
Telephone: (604) 564-9045
info@acmelithium.com

Neither the CSE nor its regulations service providers accept responsibility for the adequacy or accuracy of this news release. This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur and in this news release include but are not limited to the attributes of, timing for and expected benefits to be derived from the drilling program to be carried out on the Clayton Valley or FLV property. Information inferred from the interpretation of drilling and other sampling results may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from the Company's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97321

News Provided by Newsfile via QuoteMedia

The Conversation (0)
ACME Lithium (CSE:ACME)

ACME Lithium


Keep reading...Show less

North American Lithium Development with Key Projects in Nevada, Manitoba and Saskatchewan

Fortune Minerals Reports Successful NICO Project Bismuth Test Work Results for the Planned Alberta Refinery

Fortune Minerals Reports Successful NICO Project Bismuth Test Work Results for the Planned Alberta Refinery

Smaller and simpler bismuth circuit with high metal recoveries align with new market demand

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Brunswick Exploration Announces Brokered Private Placement for Gross Proceeds of up to C$2.5 Million, with a Lead Order from a Strategic Investor

Brunswick Exploration Announces Brokered Private Placement for Gross Proceeds of up to C$2.5 Million, with a Lead Order from a Strategic Investor

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
  OR FOR DISSEMINATION IN THE UNITED STATES

Brunswick Exploration Inc. (" Brunswick " or the " Corporation ") (TSX-V: BRW, OTCQB: BRWXF) is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc., to act as co-lead agent and sole bookrunner along with Canaccord Genuity Corp. as co-lead agent (collectively, the " Agents "), in connection with a "best efforts" private placement (the " Marketed Offering ") for aggregate gross proceeds of up to C$2,500,000 from the sale of (i) units of the Corporation (the " LIFE Units ") at a price of C$0.13 per LIFE Unit (the " Offering Price ") and (ii) units of the Corporation (the " Non-LIFE Units ", and collectively with the LIFE Units, the " Offered Securities ") at a price of C$0.15 per Non-LIFE Unit. A strategic investor has made a lead order to subscribe for Non-LIFE Units under the Offering.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
SAGA Metals Extends Claims at the Radar Ti-V-Fe Project --Securing the Entire Titanomagnetite-Bearing Intrusion

SAGA Metals Extends Claims at the Radar Ti-V-Fe Project --Securing the Entire Titanomagnetite-Bearing Intrusion

Saga Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company specializing in the discovery of critical minerals, is pleased to announce the addition of 97 new claims covering 2,425 hectares, increasing the total area of the Radar Ti-V-Fe Project to 24,175 hectares.

The Company's 100%-owned Radar Property is strategically located just 10 kilometres from the coastal city of Cartwright, Labrador. The location offers excellent infrastructure advantages, including:

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
American Salars Starts Sampling at 100% Owned Brazilian LCT Pegmatite Project, with Past Samples Hitting 3.72% Li2o and Significant Ree Values

American Salars Starts Sampling at 100% Owned Brazilian LCT Pegmatite Project, with Past Samples Hitting 3.72% Li2o and Significant Ree Values

(TheNewswire)

American Salars Lithium Inc

VANCOUVER, BC TheNewswire - MAY 7 th 2025 American Salars Lithium Inc. ("AMERICAN SALARS" OR THE "COMPANY") (CSE: USLI, OTC: USLIF, FWB: Z3P, WKN: A3E2NY ) announces that it has commenced a Phase 2 sampling program on its 100% owned, highly prospective 18,083 Hectares (180 sq km) Hardrock LCT ("Lithium-Cesium-Tantalum") Pegmatite Project including Rare Earth Elements ("REEs") and Critical Minerals (the "Jaguaribe Project ").

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Albemarle Announces 126th Consecutive Quarterly Common Stock Dividend

Albemarle Announces 126th Consecutive Quarterly Common Stock Dividend

The Board of Directors of Albemarle Corp. (NYSE: ALB) announced today that it declared a quarterly common stock dividend of $0.405 per share. This marks Albemarle's 126 th consecutive quarterly cash dividend.

Albemarle Corp. Logo. (PRNewsFoto/Albemarle Corporation)

The dividend, which has an annualized rate of $1.62 , is payable July 1, 2025 , to shareholders of record at the close of business as of June 13, 2025 .

About Albemarle  
Albemarle Corp. (NYSE: ALB) leads the world in transforming essential resources into critical ingredients for mobility, energy, connectivity and health. We partner to pioneer new ways to move, power, connect and protect with people and planet in mind. A reliable and high-quality global supply of lithium and bromine allows us to deliver advanced solutions for our customers. Learn more about how the people of Albemarle are enabling a more resilient world at Albemarle.com , LinkedIn and on X (formerly known as Twitter) @AlbemarleCorp .

Albemarle regularly posts information to www.albemarle.com , including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, U.S. Securities and Exchange Commission filings and other information regarding the company, its businesses and the markets it serves.

Forward-Looking Statements

This press release contains statements concerning our expectations, anticipations and beliefs regarding the future, including, without limitation, statements related to future dividends and results, which may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from the views expressed. Factors that could cause actual results to differ materially from the statements expressed or implied in any forward-looking statement include, without limitation: changes in economic and business conditions; expected market pricing of lithium and spodumene and other underlying assumptions and our 2025 outlook considerations; adverse changes in liquidity or financial or operating performance; changes in the demand for our products or the end-user markets in which our products are sold and the other factors detailed from time to time in the reports we file with the U.S. Securities and Exchange Commission, including those described under "Risk Factors" in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. These forward-looking statements speak only as of the date of this press release. We assume no obligation to provide any revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.

Media Contact: Peter Smolowitz, +1 (980) 308-6310, media@albemarle.com  
Investor Relations Contact: +1 (980) 299-5700, invest@albemarle.com

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/albemarle-announces-126th-consecutive-quarterly-common-stock-dividend-302447633.html

SOURCE Albemarle Corporation

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×