Welcome to our dedicated news page for ACME LITHIUM (Ticker: ACLHF), a resource for investors and traders seeking the latest updates and insights on ACME LITHIUM.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ACME LITHIUM's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ACME LITHIUM's position in the market.
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ACME Lithium Inc. announced the filing of a Technical Report for the Clayton Valley Lithium Brine Project, estimating approximately 302,900 metric tons of lithium carbonate equivalent over a 40-year period. The project includes 119 mining claims near Albemarle Corporation's lithium facility in Nevada.
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ACME Lithium Inc. announces attendance at PDAC Convention and reports significant lithium resource estimate for its Clayton Valley project.
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ACME Lithium Inc. has received an exploration summary and hydrological evaluation report for its Clayton Valley lithium brine project, estimating an inferred lithium carbonate equivalent (LCE) resource of approximately 302,900 metric tons over a 40-year extraction period. The project area is contiguous to Albemarle Corporation's Silver Peak lithium deposit and facility, with similar aquifer thickness, hydraulic parameters, and lithium grades. The company completed drilling and testing as part of its multi-year exploration program, achieving a significant milestone towards potential future commercialization.
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ACME Lithium Inc. has signed an option agreement with Snow Lake Resources Ltd., granting Snow Lake the option to earn up to a 90% undivided interest in the mineral claims held by ACME at its Manitoba lithium pegmatite project areas. The agreement involves a total of CAD$500,000 cash payment and CAD$1,800,000 in exploration and development expenditures over a two-year period. Once Snow Lake has earned a 90% undivided interest in the Project and completed a positive feasibility study, a joint venture between Snow Lake and ACME will be formed.
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ACME Lithium Inc. has entered into an option agreement with Eagle Battery Metals Corp. to grant EBM the sole exclusive option to acquire the 100% undivided interest in the mineral claims held by ACME at its Fish Lake Valley lithium project in Nevada. EBM can exercise the option by paying a total of USD$1,475,000, issuing shares of EBM worth an aggregate of USD$3,300,000, and incurring a total of USD$500,000 in exploration and development expenditures over an eighteen-month period. ACME will receive a royalty calculated at 1.0% of the Net Smelter Returns if EBM begins commercial production on any part of the Property. Additionally, EBM has the right to purchase one-half or the whole NSR from ACME in consideration for a one-time cash payment of USD$1,000,000 or USD$2,000,000 respectively.
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ACME Lithium Inc. (CSE: ACME) (OTCQX: ACLHF) has entered into a binding Letter of Intent with Snow Lake Resources Ltd., d/b/a Snow Lake Lithium (NASDAQ:LITM) to grant Snow Lake the option to earn up to a 90% undivided interest in the mineral claims held by ACME Lithium at its Manitoba lithium pegmatite project areas. The projects cover approximately 17,000 acres in southeastern Manitoba, Canada, and are located in the Bird River Greenstone Belt. Snow Lake may exercise the option by paying a total of CAD$500,000 and incurring CAD$1,800,000 in exploration and development expenditures over a two-year period. Once Snow Lake has earned a 90% undivided interest in the Project, a joint venture between Snow Lake and ACME will be formed for further development.
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ACME Lithium Inc. (CSE: ACME) (OTCQX: ACLHF) has announced the successful identification of high-grade lithium mineralization at its Bailey Lake pegmatite project in northeastern Saskatchewan. The program has revealed samples grading up to 1.14% Li2O in boulders and up to 0.73% Li2O in outcrop, along with anomalous rare earth indicator elements. The company has confirmed and expanded on the lithium potential of the property and is optimistic about the high-grade mineralization within the project area.
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ACME Lithium Inc. will be presenting an update on its Nevada and Canadian lithium projects at Red Cloud's Fall Mining Showcase on November 8th. The conference will take place at the Sheraton Centre Toronto Hotel from November 7-8, 2023. Keynote speakers and mining companies will be presenting over the two days.
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ACME Lithium Inc. completes summer exploration program at Bailey Lake pegmatite discovery area in Saskatchewan.
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ACME Lithium Inc. has commenced a summer exploration program at its Bailey Lake pegmatite discovery area in Saskatchewan. The program includes a geophysical survey and field program to identify potential sources of lithium and critical mineral elements. ACME has acquired the services of Axiom Exploration Group LTD. to complete the surveys and exploration programs. The large claim block contains multiple indications of spodumene-bearing pegmatites with potentially economic lithium grades. Saskatchewan is a highly prospective region for critical mineral development. The government has expanded its investment and innovation incentive programs to include eligible lithium projects.
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ACME LITHIUM INC
OTC:ACLHF
ACLHF Rankings
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48.09M
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Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
United States of America
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