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ACME Lithium Completes Phase 1 Exploration Program at Bailey Lake Lithium Project in Saskatchewan, Canada

ACME Lithium Completes Phase 1 Exploration Program at Bailey Lake Lithium Project in Saskatchewan, Canada

ACME Lithium 完成了加拿大萨斯喀彻温省贝利湖锂项目的第一阶段勘探计划
newsfile ·  2023/10/03 20:30

Vancouver, British Columbia--(Newsfile Corp. - October 3, 2023) - ACME Lithium Inc. (CSE: ACME) (OTCQX: ACLHF) (the "Company", or "ACME") is pleased to announce that it has completed a summer exploration program at its Bailey Lake pegmatite discovery area in northeastern Saskatchewan. The program consisted of 1166 line-km of helicopter-borne tri-axial gradiometer magnetics, radiometrics, and LiDAR as well as prospecting for additional drill targets which included 336 rock samples collected for geochemical analysis.

温哥华,不列颠哥伦比亚省-(Newsfile Corp.-2023年10月3日)-Acme Li Inc.(CSE:Acme)(OTCQX:ACLHF)(“公司”,或“ACME”)高兴地宣布,它已经完成了萨斯喀彻温省东北部贝利湖伟晶岩发现区的夏季勘探计划。该计划包括1166行公里的直升机携带的三轴梯度仪磁体、辐射计量学和激光雷达,以及勘探额外的钻探目标,其中包括为地球化学分析收集的336个岩石样本。

(Figure 1: Location of Geophysical Survey Boundary & Rock Samples Collected from the 2023 Geological Prospecting Program)

(图一:地球物理调查界线的位置和2023年地质勘探计划采集的岩石样本)

The 3-in-1 Airborne Geophysical Survey consisting of Helicopter-borne Tri-axial Gradiometer Magnetics, Radiometrics, and LiDAR was completed over a 7975 hectare area on the Bailey Lake Property consisting of 1166 line km. The purpose of the survey was to help identify regional structural trends and localized controls of pegmatite bodies along trend of the Li-mineralization identified in the 2017 surface sampling. Preliminary data from this survey was used to aid in guiding the subsequent prospecting. Final geophysical data is pending.

由直升机搭载的三轴梯度仪磁学、辐射测量学和激光雷达组成的三合一航空地球物理调查在贝利湖上7975公顷的区域内完成,该区域长达1166线公里。调查的目的是帮助识别区域构造趋势和伟晶岩体的局部控制,沿着2017年地表采样确定的Li矿化趋势。本次调查的初步数据被用来帮助指导后续的勘探工作。最终的地球物理数据还在等待中。

The geological prospecting program included 336 rock samples (including a 5% QAQC consisting of CRM's, Coarse Blanks, and field duplicates) collected along trend of historically reported Li-bearing pegmatite samples. The samples collected from this program consisted of exposed boulder and outcrops. Mineralogical, alteration, and structural data (where possible) was also collected at these sample sites. Samples collected consisted of pegmatites / pegmatitic dykes and local country rock. All samples were submitted to SGS Canada Inc. in Lakefield, ON, for Sodium Peroxide Fusion / ICP-AES and ICP-MS analysis with a focus on Lithium, Tantalum, and Cesium.

地质勘查项目包括336个岩石样品(包括由标准物质、粗岩和野外复制品组成的5%QAQC),按照历史上报道的含Li伟晶岩样的趋势采集。从这个项目中采集的样本包括裸露的巨石和露头。矿物学、蚀变和构造数据(在可能的情况下)也在这些样本点收集。采集的样品包括伟晶岩/伟晶岩墙和当地的围岩。所有样品都提交给位于安大略省莱克菲尔德的SGS加拿大公司,用于过氧化钠熔融/电感耦合等离子体发射光谱和电感耦合等离子体质谱分析,重点是锂、钽和铯。

(Figure 2: 2m wide Pegmatite Dyke in Outcrop)

(图2:露头处2米宽的伟晶岩墙)

Geologists identified two generations of pegmatite dykes in various outcrops which have not been historically sampled. The field crew made use of a handheld Laser-Induced Breakdown Spectroscopy (LIBS) to aid in the identification of lithium bearing minerals in the field. Some samples tested with the LIBS exhibited lithium values. Geochemical lab results will be required to verify these values which are expected in Q4 2023.

地质学家在历史上没有取样的各种露头中发现了两代伟晶岩墙。现场工作人员利用手持激光诱导击穿光谱(LIBS)来帮助识别现场的含锂矿物。用LIBS测试的一些样品显示出锂的值。预计2023年第四季度将需要化探实验室结果来验证这些值。

(Figure 3: Pegmatite Boulder at Bailey Lake Property)

(图3:贝利湖地产伟晶岩巨石)

Property Highlights:

物业亮点:

  • The large claim block contains multiple indications of LCT pegmatites with anomalous lithium grades.
  • Historical reported sampling by Gem Oil includes up to 3950 ppm Li in the Bailey Lake region.
  • Historical reported sampling by the Saskatchewan Geological Survey includes results up to 3470 ppm Li at Misaw Lake region to the east of Bailey Lake.
  • Till sampling in the region by the Saskatchewan Geological Survey reported numerous sites with elevated lithium and lithium pegmatite associated elements.
  • 巨大的索赔区块包含多个迹象,表明LCT伟晶岩具有异常的锂品位。
  • 宝石油历史上报告的样本包括贝利湖地区高达3950ppm的Li。
  • 萨斯喀彻温省地质调查局的历史报告样本包括贝利湖以东米索湖地区高达3470ppm的Li。
  • 直到萨斯喀彻温省地质勘探局在该地区进行采样,才报告有许多地点含有与锂和锂伟晶岩相关的元素。

Saskatchewan is a highly prospective region for critical mineral development. The Government of Saskatchewan recently announced an expansion to its existing investment and innovation incentive programs to include eligible lithium projects with the aim to become one of the best resource development jurisdictions in the world.

萨斯喀彻温省是一个非常有前景的关键矿产开发地区。萨斯喀彻温省政府最近宣布扩大其现有的投资和创新激励计划,将符合条件的锂项目包括在内,目标是成为世界上最好的资源开发管辖区之一。

Qualified Person

有资格的人

Mr. Dane A. Bridge, P.Geol., a "Qualified Person" (as defined in NI 43-101 -Standards for Disclosure for Mineral Projects) and a Senior Consultant to the Company, has reviewed and approved the technical disclosures in this news release.

Dane A.Bridge,P.Geol先生是“合格人士”(定义见NI 43-101-矿物项目披露标准),也是公司的高级顾问,已审核并批准了本新闻稿中的技术披露。

About ACME Lithium Inc.

ACME Lithium公司简介

Led by an experienced team, ACME Lithium is a mineral exploration Company focused on acquiring, exploring, and developing battery metal projects in partnership with leading technology and commodity companies. ACME has acquired or is under option to acquire a 100-per-cent interest in projects located in Clayton Valley and Fish Lake Valley, Esmeralda County Nevada, at Shatford, Birse, and Cat-Euclid Lakes in southeastern Manitoba, and at Bailey Lake in northern Saskatchewan.

ACME锂是一家矿产勘探公司,由经验丰富的团队领导,与领先的技术和大宗商品公司合作,专注于收购、勘探和开发电池金属项目。Acme已收购或正在选择收购位于内华达州埃斯梅拉达县克莱顿山谷和鱼湖谷、马尼托巴省东南部的Shatford、Birse和Cat-Euclid Lake以及萨斯喀彻温省北部的Bailey Lake的项目的100%权益。

On behalf of the Board of Directors

我谨代表董事会

Steve Hanson
Chief Executive Officer, President and Director
Telephone: (604) 564-9045
info@acmelithium.com

史蒂夫·汉森
总裁和董事首席执行官
电话:(604)564-9045
邮箱:Info@acmelithium.com

For Investor Inquiries:
Anthony Simone
Simone Capital
Telephone: (416) 881-5154
asimone@simonecapital.ca

投资者咨询:
安东尼·西蒙
西蒙尼资本
电话:(416)881-5154
邮箱:asimone@simonecapital.ca

Neither the CSE nor its regulations service providers accept responsibility for the adequacy or accuracy of this news release. This news release contains certain statements which may constitute forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur and in this news release include but are not limited to the attributes of, timing for and expected benefits to be derived from exploration, drilling or development at ACME's project properties. Information inferred from the interpretation of drilling, sampling and other technical results may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. ACME's project location adjacent to or nearby lithium projects does not guarantee exploration success or that mineral resources or reserves will be defined on ACME's properties. Exploration, development, and activities conducted by regional companies provide assistance and additional data for exploration work being completed by ACME. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from the Company's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Unless otherwise indicated, the market and industry data contained herein is based upon information from industry and other publications and the knowledge and experience of management. While we believe that this data is reliable, market and industry data is subject to variations and cannot be verified with complete certainty due to limits on the availability and reliability of raw data, the voluntary nature of the data gathering process and other limitations and uncertainties inherent in any statistical survey. We have not independently verified any of the data from third-party sources referred to in this news release or ascertained the underlying assumptions relied upon by such sources. All technical and scientific disclosure pertaining to our mineral property interests in this news release have been reviewed by a Qualified Person, meaning an individual who is an engineer or geoscientist with at least five years of experience in mineral exploration, mine development or operation or mineral project assessment, or any combination of these; has experience relevant to the subject matter of the mineral project and the technical report; and is a member or licensee in good standing of a professional association.

CSE及其法规服务提供商均不对本新闻稿的充分性或准确性承担责任。本新闻稿包含的某些陈述可能构成适用证券法所指的前瞻性信息(“前瞻性陈述”)。前瞻性陈述是指不是历史事实的陈述,通常但不总是由“预期”、“计划”、“预期”、“相信”、“打算”、“估计”、“项目”、“潜在”和类似的表述,或事件或条件“将”、“将”、“可能”、“可能”或“应该”发生的陈述,在本新闻稿中包括但不限于从勘探中获得的属性、时机和预期收益。在ACME项目物业进行钻探或开发。从对钻探、采样和其他技术结果的解释中推断出的信息也可被视为前瞻性陈述,因为它构成了对项目实际开发时以及是否开发时可能发现的情况的预测。Acme的项目位置与锂项目相邻或附近,并不能保证勘探成功,也不能保证矿产资源或储量将在ACME的属性中确定。区域公司进行的勘探、开发和活动为ACME正在完成的勘探工作提供了帮助和额外的数据。这些前瞻性表述受各种风险和不确定因素的影响,可能导致实际事件或结果与前瞻性表述中反映的情况大不相同,包括但不限于:与金属价格波动有关的风险;与及时以可接受的条件筹集足够资金为计划工作提供资金有关的不确定因素;天气、后勤、技术或其他因素导致计划工作发生变化;工作结果不能达到预期并实现公司财产的预期潜力的可能性;事故、设备故障和劳资纠纷或其他意想不到的困难或中断的风险;工作计划中成本超支或意外支出的可能性;公司运营造成环境污染或损害的风险以及其他风险和不确定性。任何前瞻性表述仅在作出之日发表,除适用的证券法可能要求外,公司不承担任何更新任何前瞻性表述的意图或义务,无论是由于新信息、未来事件或结果或其他原因。除非另有说明,本文中包含的市场和行业数据均基于行业和其他出版物的信息以及管理知识和经验。虽然我们相信这些数据是可靠的,但由于原始数据的可获得性和可靠性的限制、数据收集过程的自愿性以及任何统计调查固有的其他限制和不确定性,市场和行业数据可能会发生变化,无法完全确定地核实。我们没有独立核实本新闻稿中提到的来自第三方来源的任何数据,也没有确定这些来源所依赖的基本假设。本新闻稿中与我们的矿产产权权益有关的所有技术和科学披露均已由一名合格人士审核,指的是在矿产勘探、矿山开发或运营或矿产项目评估方面具有至少五年经验的工程师或地球科学家,或上述两者的任何组合;具有与矿产项目标的和技术报告相关的经验;以及是专业协会的良好成员或持牌人。

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