Shatford Lake Lithium Project

Project Overview

The Shatford Lake Lithium Project consists of the following mineral claims:

  • Shatford Lake: 21 claims totalling 8,883 acres (3,595 hectares)
  • Birse Lake: 10 claims totalling 5,196 acres (2,102 hectares)
  • Cat-Euclid: 6 claims totalling 2,930 acres (1,186 hectares)

The Shatford Lake and Birse Lake mineral claims border the mineral lease of the Tanco mine in Southern Manitoba.

The Shatford Lake Lithium Project is located on the boundary of  the Tanco lithium mine in Southern Manitoba, and is an  exploration stage project with an excellent geological address

Snow Lake has the option to earn up to a 90% interest in the Shatford Lake Lithium Project as follows:

  • First Stage Option to acquire a 51% interest in the Project upon incurring CAD$600,000 in exploration expenditures within the next 12 months
  • Second Stage Option to acquire an additional 39% interest in the Project upon incurring an additional CAD$1,200,000 in exploration expenditures within the next 24 months
  • ACME Lithium retains a 10% free-carried interest in the Project

The Shatford Lake Lithium Project straddles a 15 kilometers long structural trend of the Greer- Shatford Shear Zone with numerous pegmatite dykes and favorable host rocks. It is situated in the southern limb of the Bird River greenstone belt in southeastern Manitoba.

The region hosts hundreds of individual pegmatite bodies, many of which are classified as complex rare-element Lithium-Cesium-Tantalum (LCT) pegmatites – known to account for a quarter of the world’s lithium production.