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ACME Lithium Inc. (CSE: ACME) (OTCQX: ACLHF) has announced the completion of its summer exploration program at the Bailey Lake pegmatite discovery area in northeastern Saskatchewan.
Exploration Program Details
The program involved 1166 line-km of helicopter-borne tri-axial gradiometer magnetics, radiometrics, and LiDAR. It also included prospecting for additional drill targets, with 336 rock samples collected for geochemical analysis.
The 3-in-1 Airborne Geophysical Survey was conducted over a 7975 hectare area on the Bailey Lake Property. The survey aimed to identify regional structural trends and localized controls of pegmatite bodies along the trend of the Li-mineralization identified in the 2017 surface sampling.
Geological Prospecting Program
The geological prospecting program collected 336 rock samples along the trend of historically reported Li-bearing pegmatite samples. The samples were submitted to SGS Canada Inc. for Sodium Peroxide Fusion / ICP-AES and ICP-MS analysis with a focus on Lithium, Tantalum, and Cesium.
Property Highlights
Saskatchewan is a promising region for critical mineral development. The Government of Saskatchewan has expanded its investment and innovation incentive programs to include eligible lithium projects.
About ACME Lithium Inc.
ACME Lithium is a mineral exploration company focused on acquiring, exploring, and developing battery metal projects. ACME has acquired or is under option to acquire a 100-per-cent interest in projects located in Clayton Valley and Fish Lake Valley, Nevada, at Shatford, Birse, and Cat-Euclid Lakes in southeastern Manitoba, and at Bailey Lake in northern Saskatchewan.
Company Website: https://acmelithium.com
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