Alces Lake Ltd. However, based on my research, Alces Lake Ltd is a Canadian mineral exploration company focused on the exploration and development of lithium and rare metals. The company's flagship project is the Alces Lake property located in northern Saskatchewan, Canada. The property is believed to have significant potential for the production of high-purity lithium, which is used in the production of batteries for electric vehicles and other applications. Alces Lake Ltd is a publicly traded company listed on the Canadian Securities Exchange under the ticker symbol ALCE.