ACME Lithium Inc. (CSE:ACME, OTCQB:ACLHF) has announced drill core sample results from the 2023 winter drill program at its 100% owned Shatford Lake and Birse Lake lithium projects in Manitoba, saying a total of 26 individual pegmatites were intersected in 6 of 8 drill holes, varying up to 11 metres in core length.
The mineral exploration company noted that six pegmatites in four drill holes contain anomalous lithium, one anomalous cesium, and two anomalous tantalum.
It added that none of the pegmatites have economic grades but assay results confirm the occurrence of geochemically anomalous pegmatite bodies within strongly deformed metasedimentary rocks.
As well, ACME stated that drilling and magnetic interpretation was successful in defining broad structural belts with multiple unexposed pegmatites and specific cross structural features in these broad belts that control pegmatite injection.
The company said many regions within its project area remain of interest and require further evaluation and exploration, with two broad areas in the Shatford Lake area, in particular, standing out.
ACME's Shatford-Birse claim area is contiguous to the south of Sinomine's world-class Tanco Mine, a lithium, cesium and tantalum (LCT) producer since 1969, according to the company.
ACME Lithium is a mineral exploration company focused on acquiring, exploring, and developing battery metal projects in partnership with leading technology and commodity companies.
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