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Acme Lithium - ACLHF STOCK NEWS

Welcome to our dedicated page for Acme Lithium news (Ticker: ACLHF), a resource for investors and traders seeking the latest updates and insights on Acme Lithium stock.

About Acme Lithium Inc. (ACLHF)

Acme Lithium Inc. (OTCQB: ACLHF) is a North American mineral exploration company specializing in the acquisition, exploration, and development of lithium-rich properties, a critical component for the rapidly growing electric vehicle (EV) and renewable energy storage industries. With a strategic focus on advancing battery metal projects, Acme Lithium is poised to play a pivotal role in the global transition to clean energy.

Core Business Areas

Acme Lithium operates a portfolio of high-potential lithium projects across key jurisdictions in North America, including:

  • Clayton Valley, Nevada: A lithium brine resource located adjacent to Albemarle Corporation's Silver Peak facility, the only active lithium brine operation in North America. This proximity offers strategic advantages in terms of infrastructure and market access.
  • Fish Lake Valley, Nevada: A lithium claystone project with significant exploration potential, located near Ioneer's Rhyolite Ridge Lithium-Boron Project.
  • Shatford Lake, Manitoba: Situated in the Bird River Greenstone Belt, this project targets Lithium-Cesium-Tantalum (LCT) pegmatites, a rare and valuable mineral type. The project is strategically located near the Tanco Mine, a world-class lithium producer.

Market Position and Industry Context

Operating in the competitive lithium exploration sector, Acme Lithium focuses on high-quality resources in strategically advantageous locations. The company’s projects are positioned in proximity to established lithium operations, enabling potential synergies and infrastructure benefits. Acme’s adherence to industry standards, such as the NI 43-101 reporting framework, underscores its commitment to transparency and reliability.

Strategic Partnerships

Acme Lithium collaborates with leading technology and commodity companies to advance its projects. These partnerships enhance its technical capabilities and provide access to capital and expertise, ensuring efficient project development and alignment with market needs.

Commitment to Sustainability

Recognizing the environmental and social responsibilities of resource development, Acme Lithium integrates sustainable practices into its operations. The company prioritizes minimizing environmental impact and contributing to the clean energy transition, aligning its goals with global sustainability objectives.

Experienced Leadership

Acme Lithium is led by a seasoned management team with extensive expertise in mineral exploration, project development, and the battery metals market. This leadership ensures strategic decision-making and effective execution of the company’s growth initiatives.

Investment Potential

With its focus on lithium, a critical material for the EV and renewable energy markets, Acme Lithium offers significant growth potential. Its strategic project locations, experienced leadership, and commitment to sustainable development position the company as a compelling player in the battery metals sector.

Rhea-AI Summary
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. has completed a successful 10-day pumping test at test well TW-1 in Clayton Valley, Nevada. Preliminary data suggests the well captures approximately 500 feet of potential lithium brine aquifer. The test indicates the potential for higher extraction rates over time and suggests TW-1 is in a potential production aquifer. Brine samples were collected for chemical analysis and bench-scale testing. Results are expected by the end of August 2023.
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FAQ

What is the current stock price of Acme Lithium (ACLHF)?

The current stock price of Acme Lithium (ACLHF) is $0.0295 as of February 27, 2025.

What is the market cap of Acme Lithium (ACLHF)?

The market cap of Acme Lithium (ACLHF) is approximately 3.0M.

What does Acme Lithium Inc. do?

Acme Lithium focuses on acquiring, exploring, and developing lithium-rich properties to support the growing demand for battery metals in the EV and renewable energy sectors.

Where are Acme Lithium's key projects located?

Acme Lithium's key projects are located in Clayton Valley and Fish Lake Valley in Nevada, and Shatford Lake in southeastern Manitoba, Canada.

What makes Acme Lithium's projects strategically significant?

Acme's projects are located near established lithium operations, offering strategic advantages such as infrastructure access and proximity to industry leaders like Albemarle and Tanco Mine.

How does Acme Lithium ensure sustainability in its operations?

Acme integrates sustainable practices, prioritizing environmental stewardship and aligning its operations with global clean energy goals.

What industries does Acme Lithium serve?

Acme Lithium serves the electric vehicle and renewable energy storage industries by supplying critical lithium resources for battery technology.

Who are Acme Lithium's strategic partners?

Acme collaborates with leading technology and commodity companies to enhance its exploration and development capabilities.

What is the significance of Acme's Clayton Valley project?

The Clayton Valley project is located near Albemarle's Silver Peak facility, North America's only active lithium brine operation, offering strategic advantages.

What is the focus of the Shatford Lake project in Manitoba?

The Shatford Lake project targets rare Lithium-Cesium-Tantalum (LCT) pegmatites, located near the world-class Tanco Mine.
Acme Lithium

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