- ACME Lithium (ACME) is releasing positive results from surface sampling at its Fish Lake Valley Project in Nevada
- It has now sampled surface lithium values up to 1,325 ppm lithium, the highest seen to date on the project
- Boron anomalies occur with and adjacent to surface lithium anomalies
- The recent work confirms historical and new lithium occurrences on the property
- ACME Lithium is up 3.13 percent, trading at $0.50 at 12:37 p.m. EST
ACME Lithium (ACME) is releasing positive results from surface sampling at its Fish Lake Valley Project in Nevada.
The Vancouver-based mineral explorer’s latest results are from its recent geological field review and sampling program.
It has now sampled surface lithium values up to 1,325 ppm lithium, the highest seen to date on the project.
Boron anomalies occur with and adjacent to surface lithium anomalies.
The recent work confirms historical, and new lithium occurrences on the property and that certain beds are enriched in lithium.
A number of the surface-enriched beds appear to be clay-altered tuffs and may form semi-continuous sedimentary horizons below relatively unmineralized cover units.
The land package itself covers 144 lode mining claims totalling approximately 2,975 acres, in Esmeralda County, Nevada.
Historical sampling returned up to 610 ppm lithium.ACME Lithium is up 3.13 percent, trading at $0.50 at 12:37 p.m. EST
Higher concentration clay sediments are interpreted over a surface distance of about 700 metres.
Drilling has been recommended to determine the near-surface relationship between the different interpreted concentrations of clay sediments, potential associated carbonate-rich units and the occurrences of lithium and boron.
ACME Lithium is up 3.13 percent, trading at $0.50 at 12:37 p.m. EST.