ACME Lithium Inc. is pleased to report that it has commenced an airborne geophysical survey at ACME's 11,803 acre Shatford and Cat-Euclid Lake project areas in south eastern Manitoba. The survey for ACME Lithium will be carried out by Dias Airborne with their state of the art QMAGT system. A total of 1,989 line kilometres will be flown at a 65 m line spacing and at a sensor height of 35 m or at the safest height above the [...]
ACME Lithium Inc. is pleased to report that it has commenced an extensive summer exploration program at ACME's 11,803 acre Shatford and Cat-Euclid Lake project areas in southeastern Manitoba. ACME's Shatford Lake claim area is located strategically and contiguous to the south of Sinomine's world class Tanco Mine, a Lithium, Cesium and Tantalum producer since 1969, located in the pegmatite fields of the southern limb of [...]
ACME Lithium Inc. is pleased to announce that President and CEO Steve Hanson and members of ACME's technical team will be meeting and presenting a detailed overview of ACME's US and Canadian lithium projects to industry and investment representatives at Fastmarkets Lithium Supply and Battery Raw Materials 2022 Monday June 27th to Wednesday June 29th in Phoenix, Arizona. The Fastmarkets Lithium and Battery Raw Materials [...]
ACME Lithium Inc. is pleased to report that the Company has successfully completed hole DH-1 at the Clayton Valley lithium brine project to a total depth of 1400 feet or 427 meters below ground surface. Prospective basin sediments have been encountered and delineated as highly probable for aquifer units based on permeability features, lithology and color. The core is consistent with the known basin stratigraphy. Most [...]
ACME Lithium Inc. is pleased to announce that Phase 1 drilling has commenced at ACME's Clayton Valley Nevada lithium brine project. ACME's Clayton Valley Nevada lithium brine project is contiguous to the northwest of Albermarle's Silverpeak lithium deposit which has been in production since 1966. Harris Drilling Exploration and Associates Inc. has been contracted to provide drilling services and related activities [...]
ACME Lithium Inc. is pleased to announce that President and CEO Steve Hanson will be meeting and presenting to investors at 121 Mining Investment New York. https://www.weare121.com/121mininginvestment-new-york/ The 121 Mining Investment New York Conference takes place on June 6th and 7th and attracts US and international investors for two days of investment-led panel sessions and CEO presentations. With the rapid demand [...]
ACME Lithium Inc. is pleased to announce that its contracted drilling crew and rig have mobilized to begin preparations for a Phase 1 drill program at ACME's Clayton Valley Nevada lithium brine project. Harris Drilling Exploration and Associates Inc. has been contracted to provide drilling services and related activities. Access road grading and pad preparation for the first drill hole collar has been completed. ACME's [...]
ACME Lithium Inc. is pleased to announce, further to its C$4.45 million funding news release of May 16th, 2022, it has closed a second and final tranche of its non-brokered private placement financing of C$1.25 million for combined total gross proceeds of C$5.7 million. As a result of the funding, ACME's working capital is approximately C$11.9 million with no debt. The Private Placement consisted of: The issuance of [...]
ACME Lithium Inc. is pleased to announce, further to its C$4.2 million funding news release of May 3, 2022, on May 13, 2022, it has closed an oversubscribed non-brokered private placement financing of C$4.45 million. As a result of the funding, ACME's working capital is approximately C$10.95 million with no debt. The Private Placement consisted of: The issuance of 3,194,976 units at a price of C$1.08 per Unit for gross [...]
ACME Lithium Inc. is pleased to announce that it has entered into a binding term sheet with the Waratah Electrification and Decarbonization AIE LP for a non-brokered private placement through the issuance of 2,963,500 units at a price of CN$1.08 per Unit for aggregate gross proceeds of CN$3,200,580.00, or approximately US$2,500,000. The Units will consist of one common share and one half of one common share purchase [...]
ACME Lithium Inc. is pleased to announce that President and CEO Steve Hanson will be meeting and presenting to investors at Mines and Money Connect London on May 4th and 5th. https://minesandmoney.com/connect/ Mines and Money Connect, Europe's premier mining investment event, which will take place in London, UK, brings together senior management teams of mining companies and provides the opportunity to connect and meet [...]
ACME Lithium Inc. is pleased to provide a corporate update on the exploration status of its Clayton Valley, Nevada lithium brine project, as well as projects in southeast Manitoba and Oregon. Clayton Valley, Nevada ACME is in the late stages of preparation of a planned multi-hole drill program at Clayton Valley, Nevada. The drill program will focus on the most prospective lithium brine targets as defined by geophysical [...]