ASTERRA announced that its Earth observation solution was used in collaboration with ACME Lithium, 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 1,418 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 program that also confirms historical and new lithium occurrences.
In a recent news release, ACME Lithium reported they expanded and acquired by staking 63 new claims encompassing approximately 1,295 acres contiguous to the south and east of the company’s FLV Project located in Fish Lake Valley. With the additional ground, ACME’s total number of claims in the area have increased to 207, totaling approximately 4,002 acres. These claims are pending final approval from the Bureau of Land Management.
Since January of 2023, ACME and ASTERRA collaborate under a teaming agreement to utilize ASTERRA’s Synthetic Aperture Radar (SAR) solution to locate minerals beneath the surface of the Earth. By combining data analytics, patented algorithms, and AI, ASTERRA identifies lithium-specific targets without destruction of the environment. Their pilot project resulted in ACME’s highest lithium values to date and produced approximately double the likely locations of lithium above 100 ppm over traditional methods of geochemistry exploration, enabling ACME a way to find targeted locations of lithium while reducing exploration time and costs.
