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Battery Metals

ACME Lithium reports start of airborne geophysical survey at its Shatford and Cat-Euclid Lake projects

Dias Airborne is carrying out the work with its QMAGT system - the most advanced airborne magnetic system currently commercially available

ACME Lithium Inc. (CSE:ACME, OTCQB:ACLHF) has reported that an airborne geophysical survey has begun at its 11,803-acre Shatford and Cat-Euclid Lake projects in south eastern Manitoba, Canada.

Dias Airborne is carrying out the work with its QMAGT system - the most advanced airborne magnetic system currently commercially available, said ACME.

In all, 1,989 line kilometres (km) will be flown at a 65-metre (m) line spacing and at a sensor height of 35m or at the safest height above the tree canopy.

"The QMAGT system measures the full tensor magnetic gradients (FTMG), which means that it is measuring all of the directional information of the magnetic field, which cannot be measured with conventional magnetic systems," ACME told investors in a statement.

READ: ACME Lithium kicks off summer exploration at its two southeastern Manitoba projects

"The data will be processed to generate 6 directional tensor magnetic parameters, and various derived products from these parameters, which can be used in combination or individually to interpret the geology in great detail and with high confidence," it added.

The company's 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).

Meanwhile, the Cat-Euclid Lake project claims (2,930 acres) lie around 20 km to the north of the Tanco mine.

ACME's 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.

The focus is on spodumene-bearing LCT pegmatites that can be a source for lithium carbonate deposits, it said.

Contact the writer at giles@proactiveinvestors.com

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