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ASTERRA’s leading satellite technology guides ACME Lithium to location of higher lithium values at Nevada site

Published by , Editorial Assistant
Global Mining Review,

ASTERRA has announced that its Earth observation solution was used in collaboration with ACME Lithium, Inc. to locate 14 new points of interest for lithium in Fish Lake Valley, Nevada.

In past uses of ASTERRA's solution to locate lithium, it was reported that locating of the mineral was confirmed upon sampling with up to 1418 ppm lithium values. This was the highest found to date on the property. The data was based on a recent geological field review and sampling programme that also confirms historical and new lithium occurrences.

Steve Hanson, president and chief executive officer of ACME, said: “Exploration for lithium at our Fish Lake Valley project shows great potential, and as a result of the use of ASTERRA’s leading technology solutions, we can confirm that ACME has confirmed drill targets at Fish Lake Valley. We are moving forward to advance this programme this year to discover this critically needed resource in an efficient and cost-effective way.”

Elly Perets, chief executive officer of ASTERRA, said: “ASTERRA is pleased with the continued positive results in locating Lithium using our technology. This method has the potential to save the industry millions of dollars per year in exploration costs, as well as reducing significantly the footprint of exploration and impact on the environment.”

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US mining news Lithium mining news