ACME Lithium Inc announced that it has acquired two lithium projects in the Winnipeg River Pegmatite region — Shatford Lake Pegmatite Field, and Cat-Euclid Lake Pegmatite Field. The company said that it has acquired 11,803 acres strategically situated in the Bird River Greenstone Belt (BRGB) in southern Manitoba, Canada.
The mineral exploration company said that the northern and southern limbs of the Bird River Greenstone Belt contain at least 10 pegmatite fields and host hundreds of individual pegmatite bodies, of which many are classified as complex rare-element Lithium-Cesium-Tantalum (LCT) pegmatites.
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"We identified the southeast region of Manitoba as a global area of focus and opportunity for emerging and developing lithium projects," said Steve Hanson, CEO of ACME, in a statement. "It is critical that we invest and ultimately boost domestic lithium supplies sustainably to ensure our needs are met for the long term."
For the Shatford Lake Pegmatite Field, the company has staked 21 claims totaling approximately 8,883 acres in the southern limb of the Bird River Greenstone Belt.
These claims straddle a 15 kilometers long structural trend of the Greer-Shatford Shear Zone with numerous pegmatite dykes and favorable host rocks.
Shatford Lake Pegmatite Field
Simultaneously, the company has staked 6 claims totaling approximately 2,920 acres in the northern limb of the Bird River Greenstone Belt for Cat-Euclid Lake Pegmatite Field.
The new claims straddle the prospective Cat-Euclid Lake shear zone and extend along the southeasterly trend of known pegmatite occurrences.
ACME Lithium said that its exploration strategy in the Bird River Greenstone Belt is to employ remote sensing, structural geology, ground-based geological mapping, and geochemical sampling to localize targets for drilling.
Contact Ritika at ritika@proactiveinvestors.com