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ACME Lithium reports winter drill results from 2 Manitoba projects

Market News, Mining
CSE:ACME
30 June 2023 10:27 (EDT)

Shatford Lake Drillhole Map. Source: ACME Lithium Inc.

ACME Lithium (CSE:ACME) released drill core sample results from its winter drill program at two of its Manitoba lithium projects.

ACME Lithium‘s 100 per cent owned Shatford Lake and Birse Lake lithium projects are contiguous to the south of Sinomine’s world-class Tanco Mine, a lithium, cesium and tantalum producer (LCTs) since 1969.

Headquartered out of Carson City, Nevada, the miner’s drilling and magnetic interpretation defined broad structural belts with multiple unexposed pegmatites and specific cross-structural features. Twenty-six pegmatites were intersected in six of eight drill holes.

Recent results from this maiden drilling program at Shatford Lake will help the company vector in the fertile pegmatite zones.

The west Shatford area in the 31 claim Shatford-Birse Lakes claim block has pegmatites with anomalous Tantalum (Ta) with geochemical wallrock halos of lithium (Li), cesium (Cs), strontium (Sr) and vanadium (V). East of Shatford Lake, five pegmatite intersections in three holes returned geochemically anomalous Li averages of 138 to 268 ppm Li with 74 to 248 parts per million (ppm) tin (Sn), 54 to 147 ppm niobium (Nb) and 15 to 74 ppm Ta.

ACME Lithium Inc. is focused on battery metal projects and partnerships with top technology and commodity companies. The company has the option to acquire 100 per cent interest in projects in Nevada, Manitoba and northern Saskatchewan.

ACME Lithium Inc. (ACME) opened trading at C$0.30 per share.

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