Acme Lithium Gears Up for Part Two Drilling Following Lithium Discoveryyoutu.be
Following a lithium discovery at its Clayton Valley lithium brine venture in Nevada, Acme Lithium (CSE:ACME,OTCQX:ACLHF) is gearing up for Part 2 drilling, which is anticipated to begin this winter.
“It has been a busy time at Acme Lithium; we have had our trainers on,” mentioned Stephen Hanson, CEO of Acme Lithium.
In August, the corporate introduced that an earlier drilling program returned lithium concentrations ranging between 38 and 130 mg/L, a robust indication of the existence of a bicarbonate-rich, groundwater-quality affinity typical in Clayton Valley lithium brine aquifers, an organization press launch states.
Hanson mentioned the upcoming drill program will deal with testing and sampling the brine aquifer, defining the useful resource and figuring out its scale.
“What we have to do as a part of this Part 2 program is to do a pump check to know strain and the way a lot liquid is there. After which these exploration holes actually are to outline the useful resource in its scale in that area. So though we made a discovery in the summertime, this Part 2 program is basically essential to us in understanding if, in truth, we do have an financial useful resource. And we’re hoping to ship on that over the subsequent few months,” Hanson defined.
Acme Lithium is a mineral exploration firm targeted on buying, exploring and creating battery metals initiatives, with belongings in Nevada and Manitoba. Its Clayton Valley lithium brine venture in Esmeralda County, Nevada, neighbors Albrmarle’s (NYSE:ALB) Silver Peak lithium mine, which has been in manufacturing since 1966.
Nevada is a world-class mining vacation spot and was named the highest jurisdiction for the useful resource sector by the Fraser Institute.
“Mining has an extended historical past in Nevada, relationship again to over 100 years. There’s infrastructure in place. And what’s nice about Nevada is you may work there 12 months of the yr — you are not within the Arctic or in a jungle someplace, you don’t have seasonality points,” Hanson mentioned.
Watch the complete interview with Stephen Hanson, CEO of Acme Lithium.
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