- ACME Lithium (ACME) signs exploration agreement with Sagkeeng First Nation in Manitoba
- The agreement allows the company to develop a positive relationship that promotes mutual respect, cooperation, and ongoing communication around mineral exploration activities conducted by ACME within Sagkeeng Traditional Territory
- ACME Lithium (ACME) is a mineral exploration company focused on acquiring, exploring, and developing battery metal projects in partnership with leading technology and commodity companies
- ACME Lithium (ACME) is down today, trading at C$0.60 at 3:15 pm ET
ACME Lithium (ACME) has signed an exploration agreement with Sagkeeng First Nation in Manitoba. The agreement allows the company to develop a positive relationship that promotes mutual respect, cooperation, and ongoing communication around mineral exploration activities conducted by ACME within Sagkeeng Traditional Territory.
Steve Hanson, CEO of ACME, commented on the news.
“ACME acknowledges and respects the rights and values of the Sagkeeng First Nation, and we are committed to building an open and transparent relationship founded on regular dialogue. We look forward to working together over the years ahead.”
The agreement provides both parties with the groundwork to develop a mutually beneficial relationship that addresses environmental and cultural matters, in addition to economic benefits through services, education and job creation, with fairness and in recognition of Sagkeeng’s long history on their Traditional Territory.
Chief Derrick Henderson of Sagkeeng explained that:
“Sagkeeng supports responsible and respectful resource development in our territory. ACME has demonstrated its willingness to respect our rights and interests, and its conduct is an example of how industry can work with us for everyone’s benefit. We look forward to continuing to grow our relationship with ACME.”
ACME currently has three mineral exploration projects located in the northern and southern limbs of the Bird River Greenstone Belt. The project claims are made up of 21 claims totalling 8,883 acres in the Shatford Lake pegmatite field, 10 claims totalling 5,196 acres near Birse Lake, and 6 claims totalling 2,930 acres in the Cat-Euclid Lake shear zone. The region hosts hundreds of individual pegmatite bodies, many of which are classified as complex rare-element Lithium-Cesium-Tantalum pegmatites – known to account for a quarter of the world’s lithium production.
The company is in the process of completing an extensive summer evaluation program at both Shatford, Birse, and Cat-Euclid Lakes to localize targets for drilling.
Sagkeeng First Nation is an Anicinabe Nation with approximately 8000 members, many of whom live on Sagkeeng’s reserve on the Winnipeg River at the shore of Lake Winnipeg. Sagkeeng has used and occupied its Traditional Territory in Treaties 1, 3 and 5 since time immemorial.
ACME Lithium (ACME) is a mineral exploration company focused on acquiring, exploring, and developing battery metal projects in partnership with leading technology and commodity companies.
ACME Lithium (ACME) is down today, trading at C$0.60 as of 3:15 pm ET.
