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ACME Lithium Receives Highest Lithium Values to Date at Fish Lake Valley, Nevada Confirming Lithium Extension
Carson City, Nevada--(Newsfile Corp. - March 13, 2023) - ACME Lithium Inc. (CSE: ACME) (OTCQX: ACLHF) (the "Company", or "ACME") is pleased to report that its r
About this update from Surface Metals Inc.
[{"type":"text","content":" Carson City, Nevada--(Newsfile Corp. - March 13, 2023) - ACME Lithium Inc. (CSE: ACME) (OTCQX: ACLHF) (the \"Company\", or \"ACME\") is pleased to report that its recent Phase 2 geological field review and sampling program at Fish Lake Valley, Nevada has resulted in numerous new occurrences of lithium values exceeding 1200 ppm lithium with the highest surface value to date at 1418 ppm lithium. Boron anomalies up to 1964 ppm occur with and adjacent to surface lithium anomalies. See results in link to table below. Fish Lake Valley Sampling Results The FLV claim group encompass 144 lode mining claims totalling approximately 2,975 acres, in Esmeralda County, Nevada and is directly west and contiguous to Ioneer Ltd.'s world class Rhyolite Ridge Lithium-Boron project area. As a pilot project, following a teaming agreement announced on January 26, 2023, eight of these particular high grade lithium targets were identified utilizing ASTERRA's ground breaking satellite-based technology. Based in Israel, ASTERRA has developed a revolutionary Synthetic Aperture Radar (SAR) utilizing data analytics, patented algorithms and artificial intelligence to identify lithium specific targets. ACME Lithium is the first in North America to use ASTERRA's technology. Figure 1: Fish Lake Phase 2 Lithium Samples ACME's Phase 2 sampling program is designed to focus primarily on the higher-grade lithium rock anomalies and to expand into adjacent areas of similar geology and alteration. Previous sampling has identified trends where anomalous lithium and boron values show structures that were open and receiving fluids at the time of mineralization. Those structural zones are targets for where lithium and boron mineralization could be hosted in structural blocks such as grabens. Lower grade lithium anomalies sampled along structural trend from higher grade zones may overlie stronger lithium mineralization at depth. Figure 2: Fish Lake Valley Fifty-eight rock and soil samples were collected as a follow-up to the FAST91 1325ppm lithium rock sample collected in the previous FLV sampling program. The most recent sampling continues to suggest that the lithium anomalies found on the Fish Lake Project are hosted by geologically young, basin fill claystone sediments comparable to those found at the nearby Rhyolite Ridge Mine. Lithium anomalies occur in these receptive...