Business
ACME Lithium Adds Two Strategic Lithium Projects Located in Canada's Winnipeg River Pegmatite Region
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2021) - ACME Lithium Inc. (CSE: ACME) (OTCQB: ACLHF) (the "Company", or "ACME") is pleased to report
About this update from Surface Metals Inc.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - December 2, 2021) - ACME Lithium Inc. (CSE: ACME) (OTCQB: ACLHF) (the \"Company\", or \"ACME\") is pleased to report that it has acquired by staking 27 claims totaling approximately 11,803 acres strategically situated in the pegmatite fields of the Bird River Greenstone Belt (BRGB) in southeastern Manitoba, Canada. The mineral claims are 100% owned by ACME Lithium Inc. 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. In both limbs of the BRGB, pegmatites are associated with granitic intrusion into structurally dilatant zones adjacent to major east-west shear zones. Worldwide, LCT pegmatite deposits account for about one-fourth of the world's lithium production, most of the tantalum production, and all the cesium production. The world-class Tanco Mine, a lithium, cesium, and tantalum producer since 1968, is in the southern limb of the BRGB. 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. The northeast corner of the Company's ground abuts the Mineral Lease of the Tanco Mine, and the south shore of Bernic Lake with the Buck, Pelgi, and Dibs pegmatites nearby. Shatford Lake Pegmatite Field Cat-Euclid Lake Pegmatite Field The Company has staked 6 claims totaling approximately 2,920 acres in the northern limb of the Bird River Greenstone Belt. The new claims straddle the prospective Cat-Euclid Lake shear zone and extend along the southeasterly trend of known pegmatite occurrences. Australia's Mineral Resources Limited (MRL), one of the world's leading lithium producers with a market capitalization of over AUD$8 billion recently signed a joint venture agreement with Lithium Canada Development (New Age Metals Inc.) to the west of ACME's Cat-Euclid Lake Lithium project. Cat-Euclid Lake Pegmatite Field ACME Lithium's exploration strategy in the Bird River Greenstone Belt is to employ remote sensing, structural geology, ground-based geological map...