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ACME Lithium advances lithium brine targeting; starts phase II geophysical survey

Published: 12:03 23 Sep 2021 EDT

ACME Lithium Inc.-
Lithium enriched volcanics that outcrop in the area are believed to be the source of the Clayton Valley lithium

ACME Lithium Inc said the processing, modelling and interpretation of the detailed gravity survey data for its Clayton Valley lithium project in Nevada has been completed by Hasbrouck Geophysics. 

The gravity survey is phase I of a two-phase geophysical survey program with the Phase II Hybrid-Source Audio-Magnetotellurics (HSAMT) survey commencing immediately. 

Once complete, the data from phase I and II will be used to prioritize drill locations to test for lithium concentrations within brines. 

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ACME's Nevada project is contiguous to Albemarle's Silver Peak lithium resource and production facility. 

“Lithium source material and transport mechanisms for the CC, CCP, JR and SX claims are present and could be similar to those that have supplied Clayton Valley lithium-bearing brines and may be conducive to increased lithium-bearing brine concentrations,” the company said. 

Lithium enriched volcanics that outcrop in the area are believed to be the source of the Clayton Valley lithium. 

“Previous reconnaissance gravity data acquired in Clayton Valley by Sierra Geothermal Power Corporation, under contract to the US Department of Energy, and GeoXplor Corp. were on a nominal one-kilometer grid near the CC, CCP, JR and SX claims and the new data were acquired on a 250-meter grid over the claims to map in detail the depth to bedrock or thickness of sediments, map geologic structure relative to the occurrence of lithium-bearing brine, and to provide information for the design of additional geophysical surveys,” the statement read. 

ACME also noted that, predominant features within the modeled bedrock depth map from the gravity data are a relatively long bedrock low that extends from near the northwest edge of the surveyed area towards the south-southeast, another relatively long bedrock low extending south from near the northeast portion of the surveyed area and a general area of deeper bedrock in the southern portion of the area. 

These areas will be a target in the phase II HSAMT survey. 

Contact the writer at georgia@proactiveinvestors.com

Follow her on Twitter @MissInformd

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on 08/02/2023