Acme Lithium Gears Up for Section 2 Drilling Following Lithium Discovery

Acme Lithium Gears Up for Section Two Drilling Following Lithium

Following a lithium discovery at its Clayton Valley lithium brine venture in Nevada, Acme Lithium (CSE:ACME,OTCQX:ACLHF) is gearing up for Section 2 drilling, which is anticipated to begin this winter.

“It has been a busy time at Acme Lithium; we have had our trainers on,” mentioned Stephen Hanson, CEO of Acme Lithium.

In August, the corporate introduced that an earlier drilling program returned lithium concentrations ranging between 38 and 130 mg/L, a robust indication of the existence of a bicarbonate-rich, groundwater-quality affinity typical in Clayton Valley lithium brine aquifers, an organization press launch states.

Hanson mentioned the upcoming drill program will give attention to testing and sampling the brine aquifer, defining the useful resource and figuring out its scale.

“What we have to do as a part of this Section 2 program is to do a pump take a look at to know strain and the way a lot liquid is there. After which these exploration holes actually are to outline the useful resource in its scale in that area. So though we made a discovery in the summertime, this Section 2 program is actually vital to us in understanding if, in actual fact, we do have an financial useful resource. And we’re hoping to ship on that over the following few months,” Hanson defined.

Acme Lithium is a mineral exploration firm centered on buying, exploring and growing battery metals tasks, with property in Nevada and Manitoba. Its Clayton Valley lithium brine venture in Esmeralda County, Nevada, neighbors Albrmarle’s (NYSE:ALB) Silver Peak lithium mine, which has been in manufacturing since 1966.

Nevada is a world-class mining vacation spot and was named the highest jurisdiction for the useful resource sector by the Fraser Institute.

“Mining has an extended historical past in Nevada, courting again to over 100 years. There’s infrastructure in place. And what’s nice about Nevada is you may work there 12 months of the 12 months — you are not within the Arctic or in a jungle someplace, you don’t have seasonality points,” Hanson mentioned.

Watch the complete interview with Stephen Hanson, CEO of Acme Lithium.

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