Mike Fagan,
Editor
Sept. 27, 2021
Drill Targets Being Designed in Epicenter of US Lithium Production as
Global EV Race Goes Into Overdrive
ACME Lithium Inc. (CSE: ACME)(OTC: ACLHF) — currently trading around C$1.20 per share — has completed an analysis of its recently completed Phase 1 gravity survey at its Clayton Valley lithium project, Nevada, and is now moving into a Phase 2 Hybrid-Source Audio-Magnetotellurics (HSAMT) survey to prioritize drill locations for the testing of lithium brines on the property.
ACME’s two flagship properties — Clayton Valley and Fish Lake Valley — are located in the epicenter of lithium exploration and development in the United States nearby to the Silver Peak Lithium Mine in Clayton Valley owned and operated by Albemarle Corporation (NYSE: ALB | Market Cap: US$26.1B).
ACME’s strategic position in the epicenter of US lithium activity may soon prove advantageous as America seeks to stockpile the metal to satisfy growing demand in the global EV push. Here at home, President Biden has now announced new emissions standards calling for a full 50% of vehicles sold in the US by 2030 to be EVs.
Don’t blink but that’s less than a decade from now!
With a current market cap below C$35 million — and with lithium demand expected to double by 2024 — ACME is emerging as one-to-watch as a potential future US producer of the so-called white petroleum.
Click here for our feature report on ACME Lithium.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Mike Fagan has mining in his blood. As a teenager he staked countless gold and silver properties in Nevada alongside his dad, Brian Fagan, who created the Prospect Generator model that’s still widely used today in the resource space. One of those staking projects was put into production by a major Canadian mining company — a truly rare and profitable experience. That background uniquely qualifies him as a mining stock speculator. One of the most well-known names in the business, Mike is now putting that experience to use for the benefit of Resource Stock Digest readers. Read more about Mike Fagan and access his full article archive here.