ACME Lithium Inc.: ACME Lithium to Acquire Clayton Valley Nevada Lithium Brine Project
ACME Lithium Inc. (
CSE: ACME) (the "Company", or "ACME") is pleased to announce that the Company has entered into an option agreement ("Option") with GeoXplor Corporation ("GeoXplor") to acquire a 100% interest in 64 claims encompassing approximately 1,280 acres, comprising the CC, CCP and SX placer lithium claims (the "Project Claims"), located in Clayton Valley, Esmeralda County, Nevada - the centre of lithium development in the United States.
The Project Claims are contiguous to the south with the only lithium brine production operation in North America, NYSE-listed Albemarle's Silver Peak Lithium mine, which has been in production since 1966. In addition, the Project claims are contiguous with Pure Energy Minerals joint venture with Schlumberger Technology Corporation to the east. The Project Claims are located on the north western part of Clayton Valley about 20 miles northwest of the county seat of Goldfield, NV, and approximately 30 miles southwest of Tonopah, NV. With extensive infrastructure nearby, Nevada is one of the best mining jurisdictions in the world.