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ACME Lithium Prepares for Drill Program Identifying Multiple Targets After Completing Phase 2 Geophysics Survey at Clayton Valley Lithium Project
Carson City, Nevada--(Newsfile Corp. - November 10, 2021) - ACME Lithium Inc. (CSE: ACME) (OTCQB: ACLHF) (the "Company", or "ACME") is pleased to report that it
About this update from Surface Metals Inc.
[{"type":"text","content":" Carson City, Nevada--(Newsfile Corp. - November 10, 2021) - ACME Lithium Inc. (CSE: ACME) (OTCQB: ACLHF) (the \"Company\", or \"ACME\") is pleased to report that it has received positive results for potential lithium-brine from Hasbrouck Geophysics after the Company completed its Phase 2 Hybrid Source Audio-Magnetotellurics (HSAMT) survey at ACME's Clayton Valley Lithium Project. The results of the previous gravity and recent HSAMT surveys have prioritized key drill locations to test for lithium concentrations within groundwater brines. ACME's project is contiguous to Albemarle's Silver Peak lithium resource and production facility. Lithium source material and transport mechanisms for ACME's CC, CCP, JR and SX claims are present and could be similar to those that have supplied Clayton Valley lithium-bearing brines and may be conducive to increased lithium-bearing brine concentrations. Key Highlights of the Hasbrouck Report Include: Based on low resistivity values, multiple areas and zones are interpreted to correlate to lithium-brine occurrences in saline rich aquifers or brine saturated pebble gravel. https://acmelithium.com/wp-content/uploads/2021/11/Clayton-Valley-Bedrock-Depth.png The geophysics program consisted of 50 separate HSAMT readings over seven lines covering approximately 9.5 kilometers. https://acmelithium.com/wp-content/uploads/2021/11/Clayton-Valley-Survey-Proposed-Well-Locations.png Three exploratory bore holes are recommended to investigate these anomalies in a large target area of lithium brine potential up to 600 meters. Prior borehole sampling close to and east of the claims has found lithium-brine present from 85 meters to the total borehole depth of 370 meters with higher concentrations within pebble gravel. It is unknown if the pebble gravel continues beyond the total depth drilled at the borehole. Zones with resistivities less than a 2.5 ohm-meters cut-off, that are interpreted to correlate to zones with increased salinities and/or possible lithium-brine occurrence, are present primarily in the east and southeast portions of the claims area and cover a larger area from near the surface to around 340 meters below ground surface. Zones with those resistivities are still present to approximately 740 meters although areal coverage decreases beyond about 340 meters. A small area with resistivities...