Vancouver, British Columbia–(Newsfile Corp. – November 15, 2022) – Cruz Battery Metals Corp. (CSE: CRUZ) (OTC Pink: BKTPF) (FSE: A3CWU7) (“Cruz” or the “Firm”) needs to announce that the Bureau of Land Administration (BLM) has given Cruz approval for as much as 22 extra holes to be accomplished on the 100-percent owned Photo voltaic Lithium Mission in Nevada, immediately bordering American Lithium Corp.’s TLC challenge (See map beneath). So far, each gap drilled on the ‘Photo voltaic Lithium Mission’ has found lithium, together with values as excessive as 1,300 ppm Li (introduced on January 17, 2022). The Firm is presently planning the following section of drilling to start shortly, relying on drill rig availability.
Jim Nelson, President of Cruz Battery Metals said, “We’re very happy to be permitted by the BLM for as much as 22 extra drill holes on our Flagship property, the 8,135-acre Photo voltaic Lithium Mission in Nevada, comprising a big footprint immediately bordering American Lithium. We’re very inspired by the truth that our section I and II drill packages have found the presence of lithium in all 6 holes drilled up to now. Information offered by the primary two phases of drilling will permit the Firm to plan a bigger drill program to start shortly. Cruz’s aim is to find and supply a brand new, domestically sourced, battery grade lithium deposit. Contemplating that Cruz is well-funded with $3.5 million within the treasury, the very fact the lithium costs are presently at all-time highs, and that Cruz will likely be coming into an lively information cycle interval, administration feels that every thing is now in place to offer our shareholders the very best probability of success on this challenge.”
The ‘Photo voltaic Lithium Mission’ immediately borders American Lithium Corp.’s TLC challenge. On Could 21, 2020, American Lithium Corp. introduced a maiden useful resource estimate, ready by Stantec Consulting Ltd., for the TLC lithium claystone property containing 5.37 million tonnes lithium carbonate equal (LCE) measured & indicated with one other 1.76 million tonnes LCE inferred. Cruz Administration cautions that previous outcomes or discoveries on properties in proximity to Cruz might not essentially be indicative of the presence of mineralization on the Firm’s properties.
Determine 1: Cruz Possession Map
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About Cruz Battery Metals Corp.
Cruz presently has a number of tasks positioned all through North America. Cruz’s Nevada lithium tasks include the 8,135-acre ‘Photo voltaic Lithium Mission’ and the 240-acre ‘Clayton Valley Lithium Mission’. Cruz’s 6,146-acre Hector cobalt challenge is positioned within the neighborhood of the city of Cobalt, Ontario, which is potential for cobalt, silver, and diamonds. Cruz’s BC challenge is the 1,542-acre Battle Eagle cobalt challenge. Cruz’s Idaho tasks embrace the two,211-acre ‘Idaho Cobalt Belt Mission’ and the 80- acre ‘Idaho Star Cobalt Mission’. Administration cautions that previous outcomes or discoveries on properties in proximity to Cruz might not essentially be indicative of the presence of mineralization on the Firm’s properties.
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Cruz Battery Metals Corp.
President, Chief Government Officer, Secretary and Director
For extra info concerning this information launch, please contact:
James Nelson, CEO and Director
Toll free: 1-855-599-9150
E: [email protected]
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