Highest Sample Values To Date At Fish Lake Valley

CARSON CITY, NV - ACME Lithium Inc. reported that its recent geological field review and sampling program at Fish Lake Valley (FLV), Nevada has resulted in the highest surface lithium values to date with up to 1325 ppm lithium. Boron anomalies occur with and adjacent to surface lithium anomalies. This most recent study confirms historical and new lithium occurrences on the Property and that certain beds are enriched in lithium. A number of the surface enriched beds appear to be clay altered tuffs and may form semi-continuous sedimentary horizons below relatively unmineralized cover units.

The FLV claim group encompass 144 lode mining claims totaling approximately 2,975 acres, in Esmeralda County, Nevada. The property has been mapped with historical sampling occurring at up to 610 ppm lithium. It is believed that the current erosion surface could be exposing the edges of a stratigraphic deposit, or deposits, with possible bedding conformable lithium mineralization.

A geophysical survey completed in the fall of 2022 indicates the presence of a down-dropped fault block with interpreted target clay sediments potentially similar to illite units identified in the nearby Rhyolite Ridge lithium deposit. A basin fault is evident near the southwestern end of the survey profile. Moderate to low clay concentration sediments and possible carbonate-bearing sediments are interpreted to be present at the surface near the southwestern basin fault that extends beyond a depth of one km over about 80% of the profile. Higher concentration clay sediments are interpreted over a surface distance of about 700 meters. Drilling has been recommended to determine the near-surface relationship between the different interpreted concentrations of clay sediments, potential associated carbonate-rich units and the occurrences of lithium and boron.

Mapping, geophysics, and sampling to data are consistent with a model of structural feeder zones forming bedded mineralization within down-dropped structural blocks. Drilling is justified and is needed to test the full potential host section. Additional potential down dropped structural blocks containing geologically young sediments have been identified on the property and are currently being evaluated.