ACME Lithium owns and is under option to acquire a combined 100% interest in 122 claims totaling 2,440 acres in Clayton Valley and owns 100% interest in 144 lode mining claims totaling 2,921 acres in Fish Lake Valley in Esmeralda County, Nevada, USA. Those claims translate to lithium mining and extraction in a growing market that is set to dominate in the coming years. The claims are in a lithium-rich region with indications that lithium can be recovered under simple metallurgical conditions.
In addition to its two projects in Nevada, ACME Lithium also owns 100% interest in 21 claims totaling 8,883 acres in the Shatford Lake pegmatite field and 6 claims totaling 2,930 acres in the Cat- Euclid Lake shear zone in the Bird River Greenstone Belt in southeastern Manitoba, Canada. The region is host to hundreds of individual pegmatite bodies, many of which are classified as complex rare-element Lithium-Cesium-Tantalum pegmatites – known to account for a quarter of the world’s lithium production. Clayton Valley is an area historically known as the center of Nevada lithium production from brines within Tertiary age sediments in the basin. Both of ACME’s Nevada projects are close to the Silver Peak lithium mine in Clayton Valley, owned and operated by the Albemarle Corporation (NYSE: ALB) – our Clayton Valley project borders the mine directly to the south and the Fish Lake Valley project is 24 miles northwest. The mine has produced lithium minerals from brines continuously since 1966; samples analyzed up to 228 ppm lithium and concentrations up to +1,000 ppm have been found to occur within specific horizons of fine sediments. that success shows great promise for the future and our project claims. We’re in the right place to power the energy revolution in a growing market that is set to dominate in the coming years.