Vancouver, British Columbia – January 20, 2023 (Newsfile Corp.) (Investorideas.com Newswire) Cruz Battery Metals Corp. (CSE: CRUZ) (OTC Pink: BKTPF) (FSE: A3CWU7) (“Cruz” or the “Firm”) needs to announce the Firm has contracted Harris Exploration Drilling and Associates Inc. (“Harris”) to start a Part-3 drill program shortly on the 100-percent owned, 8,135-acre Photo voltaic Lithium Venture in Nevada, straight bordering American Lithium Corp.’s TLC undertaking (See map under). The Firm has already obtained approval from the Bureau of Land Administration (BLM) for as much as 22 further holes. So far, each gap drilled on the ‘Photo voltaic Lithium Venture’ has found lithium, together with values as excessive as 1,300 ppm Li (introduced on January 17, 2022).
The ‘Photo voltaic Lithium Venture’ straight borders American Lithium Corp.’s TLC undertaking. On December 1, 2022, American Lithium Corp. introduced an up to date useful resource estimate, ready by Stantec Consulting Ltd., for the TLC lithium claystone property containing 8.83 million tonnes lithium carbonate equal (LCE) measured & indicated with one other 1.86 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.
Jim Nelson, President of Cruz Battery Metals acknowledged, “We’re happy to be working once more with Harris Exploration Drilling for our phase-3 drill program on the 8,135-acre Photo voltaic Lithium Venture in Nevada, comprising a big footprint straight bordering American Lithium. Harris carried out the drilling throughout our part I and II drill packages that found the presence of lithium in all 6 holes drilled thus far. Our neighbor, American Lithium Corp., was lately uplisted to the NASDAQ and has additionally lately introduced a considerable improve to their useful resource estimate. We could not be extra optimistic about the way forward for the Photo voltaic Lithium Venture. Cruz’s objective 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 actual fact the lithium costs proceed to indicate energy, and that Cruz will likely be coming into an energetic information cycle interval, administration feels that the whole lot is now in place to provide our shareholders one of the best probability of success on this undertaking.”
The technical contents of this launch had been authorised by Frank Bain, PGeo, a professional individual as outlined by Nationwide Instrument 43-101.
About Cruz Battery Metals Corp.
Cruz at present has a number of tasks positioned all through North America. Cruz’s Nevada lithium tasks include the 8,135-acre ‘Photo voltaic Lithium Venture’ and the 240-acre ‘Clayton Valley Lithium Venture’. Cruz’s 6,146-acre Hector cobalt undertaking is positioned within the neighborhood of the city of Cobalt, Ontario, which is potential for cobalt, silver, and diamonds. Cruz’s BC undertaking is the 1,542-acre Conflict Eagle cobalt undertaking. Cruz’s Idaho tasks embrace the two,211-acre ‘Idaho Cobalt Belt Venture’ and the 80- acre ‘Idaho Star Cobalt Venture’. 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 Govt Officer, Secretary and Director
For extra info relating to this information launch, please contact:
James Nelson, CEO and Director
Toll free: 1-855-599-9150
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