ACME Lithium Inc. (CSE:ACME, OTCQB:ACLHF) told investors that it has started an "extensive summer exploration program" at its 11,803-acre Shatford and Cat-Euclid Lake projects in southeastern Manitoba, Canada.
At both projects, three small crews will focus exploration in areas with abundant outcrop in favourable structural areas and the work will involve soil, rock, and till sampling.
The Shatford Lake claim area (8,883 acres) sits to the south of Sinomine's world class Tanco mine, which has produced lithium, cesium and tantalum (LCT) since 1969 and lies in the Bird River Greenstone Belt (BRGB).
ACME's Cat-Euclid Lake project claims (2,930 acres) lie around 20 kilometres to the north of the Tanco mine.
In a brief statement, the firm said its exploration strategy in the Bird River greenstone belt was to employ remote sensing, structural geology, ground-based geological mapping, and geochemical sampling to localize targets for drilling.
READ: ACME Lithium advances drilling program at Clayton Valley Nevada lithium brine project
"Our exploration focus is on spodumene-bearing LCT pegmatites that can be a source for lithium carbonate deposits," it added.
Explorer ACME Lithium has multiple North American projects in areas known for lithium development and exploration.
Two are in the highly prospective region for lithium production in Clayton Valley and Fish Lake Valley, Esmeralda County, Nevada, USA, and another two are in the pegmatite fields of the Bird River Greenstone Belt in southeastern Manitoba, Canada. Those claims translate to lithium mining and extraction in a growing market that is set to dominate in the coming years.
ACME has acquired or is under option to acquire a 100% interest in projects in Clayton Valley and Fish Lake Valley, Esmeralda County Nevada, and at Cat-Euclid and Shatford Lakes in southeastern Manitoba
Contact the author at giles@proactiveinvestors.com