Press Release

ACME Lithium reaches milestone at Clayton Valley lithium brine project as pumping test commences

–News Direct–

ACME Lithium president and CEO Steve Hanson joined Proactive's Stephen Gunnion with news that the company has commenced pumping test activities at test well TW-1 at its Clayton Valley lithium brine project in Nevada.

TW-1 is the only permitted deep well known to currently exist in the northern portion of Clayton Valley and it was drilled and installed by Harris-Earth Drilling to a target depth of 1,820 feet below ground surface.

Data from the pumping test will be used to assess the hydraulic properties and brine chemistry of the Lower Gravel Unit (LGU) aquifer and to understand the potential concentration and extractability of economic lithium brine in the LGU, being the basal gravel overlaying bedrock in Clayton Valley.

ACME said the assessment of extractable brine volume and concentration of lithium in the brine will be used to infer if a lithium resource potentially exists at the project.

Hanson also discusses the significance of the project and Clayton Valley's prominence as a significant source of lithium since 1966.

Contact Details

Proactive Investors

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/acme-lithium-reaches-milestone-at-clayton-valley-lithium-brine-project-as-pumping-test-commences-937997913

ACME Lithium Inc.

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COMTEX_437785830/2655/2023-08-03T13:55:05