Cruz Discovers Lithium in Every Drill Hole of the Phase-3 Drill Program, Including the Highest Lithium Value to Date, on the Solar Lithium Project in Nevada, Directly Bordering American Lithium Corp.
Cruz Discovers Lithium in Every Drill Hole of the Phase-3 Drill Program, Including the Highest Lithium Value to Date, on the Solar Lithium Project in Nevada, Directly Bordering American Lithium Corp.
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2023) - Cruz Battery Metals Corp. (CSE: CRUZ) (OTC Pink: BKTPF) (FSE: A3CWU7) ("Cruz" or the "Company") wishes to announce that drill results have been received from the phase-3 drill program on the 100-percent owned, 8,135-acre Solar Lithium Project in Nevada, directly bordering American Lithium Corp.'s TLC project (See map below). The phase-3 drill program discovered the presence of lithium in all 4 drill holes with a high value of 1,460 parts-per-million lithium (ppm Li). Hole-6 had a high of 1,460 ppm Li including 871 ppm Li over 50 feet. Hole-7 had a high of 1,220 ppm Li including 873 ppm Li over 47 feet, starting at 18 feet. Hole-8 had a high of 1,240 ppm Li. Hole-9 had a high of 1,160 ppm Li.
不列顛哥倫比亞省溫哥華--（Newsfile Corp.-2023 年 3 月 31 日）- Cruz Battery Metals Corp.（CSE：CRUZ）（場外交易鏈接：BKTPF）（FSE：A3CWU7）（“Cruz” 或 “公司”） 希望宣佈，已經收到了位於內華達州、佔地8,135英畝的太陽能鋰項目的第三階段鑽探計劃的鑽探結果，該項目與美國鋰業公司直接接壤。”s TLC 項目（見下圖）。第三階段的鑽探計劃在所有4個鑽孔中都發現了鋰，其高值爲百萬分之1,460的鋰（ppm Li）。Hole-6的最高點爲1,460 ppm Li，其中包括超過50英尺的871 ppm Li。Hole-7的最高點爲1,220 ppm Li，其中包括從18英尺開始超過47英尺的873 ppm Li。Hole-8的最高點爲1,240 ppm Li。9號洞的最高點爲1,160 ppm Li。
Frank Bain, the on-site PGeo and a director of Cruz Battery Metals stated, "We are pleased to have expanded the lithium footprint on this property, encountering lithium in each hole helps to validate the merit of this large project."
現場PGeo兼Cruz Battery Metals董事弗蘭克·貝恩表示：“我們很高興擴大了該物業的鋰足跡，在每個洞中發現鋰有助於驗證這個大型項目的優點。”
The 'Solar Lithium Project' directly borders American Lithium Corp.'s TLC project. On January 17, 2023, American Lithium Corp. announced a resource estimate, in an independent National Instrument 43-101 titled "Technical Report TLC Property" prepared by Stantec Consulting Ltd., for the TLC lithium claystone property containing 8.83 million tonnes lithium carbonate equivalent (LCE) measured & indicated with another 1.86 million tonnes LCE inferred. Cruz Management cautions that past results or discoveries on properties in proximity to Cruz may not necessarily be indicative of the presence of mineralization on the Company's properties.
“太陽能鋰項目” 直接與美國鋰業公司接壤的 TLC 項目。2023年1月17日，美國鋰業公司在Stantec Consulting Ltd.編寫的名爲 “技術報告TLC財產” 的獨立國家文書43-101中公佈了TLC鋰粘土巖礦產的資源估算，該物業含有883萬噸碳酸鋰當量（LCE）的測定和顯示，另外還推斷出186萬噸碳酸鋰當量（LCE）。克魯茲管理層警告說，過去對克魯茲附近房產的業績或發現不一定表明公司的房產存在礦化現象。
Jim Nelson, President of Cruz Battery Metals stated, "We are encouraged to achieve lithium values higher than 1,160 ppm Li in every hole of the phase-3 drill program. We are immediately formulating a phase-4 drill program. This was our first lithium drill program of 2023, and we anticipate at least 2 additional phases of drilling on the 8,135-acre Solar Lithium Project within this calendar year. The phase 1, 2 & 3 drill programs discovered the presence of lithium in every hole drilled and we've only explored a small fraction of property to date. Cruz is well-funded to complete all planned drilling this year and we anticipate generating our maiden resource estimate in 2023. We are one of the largest landholders in the Big Smoky Valley of Nevada, directly bordering American Lithium who recently announced a substantial increase to their resource estimate. Cruz's goal is to locate and provide a new, domestically sourced, battery grade lithium deposit."
Cruz Battery Metals總裁吉姆·納爾遜表示：“我們被鼓勵在第三階段鑽井計劃的每個洞中實現超過1,160 ppm Li的鋰值。我們正在立即制定第四階段的演習計劃。這是我們2023年的第一個鋰鑽探項目，我們預計在本日曆年內，佔地8,135英畝的太陽能鋰項目將至少再進行兩個階段的鑽探。第1、2和3階段的鑽探項目發現每個鑽孔中都存在鋰，到目前爲止，我們只探索了其中的一小部分。克魯茲有充足的資金來完成今年所有計劃的鑽探，我們預計將在2023年得出首次資源估算。我們是內華達州大煙谷最大的土地所有者之一，與美國鋰業公司直接接壤，後者最近宣佈大幅提高其資源估算。克魯茲的目標是找到並提供一種新的國內採購的電池級鋰礦牀。”
Figure 1: Cruz Ownership Map
圖 1：Cruz 所有權地圖
Qualified Person
合格人員
The technical contents of this release were reviewed and approved by Frank Bain, PGeo, a qualified person as defined by National Instrument 43-101.
本版本的技術內容由PGeo的弗蘭克·貝恩審查和批准，弗蘭克·貝恩是國家儀器43-101所定義的合格人員。
About Cruz Battery Metals Corp.
關於克魯茲電池金屬公司
Cruz currently has several projects located throughout North America. Cruz's Nevada lithium projects consist of the 8,135-acre 'Solar Lithium Project' and the 240-acre 'Clayton Valley Lithium Project'. Cruz's 6,146-acre Hector cobalt project is located in the vicinity of the town of Cobalt, Ontario, which is prospective for cobalt, silver, and diamonds. Cruz's Idaho projects include the 2,211-acre 'Idaho Cobalt Belt Project' and the 80-acre 'Idaho Star Cobalt Project'. Management cautions that past results or discoveries on properties in proximity to Cruz may not necessarily be indicative of the presence of mineralization on the Company's properties.
克魯茲目前在北美有多個項目。克魯茲的內華達州鋰項目包括佔地8,135英畝的 “太陽能鋰項目” 和240英畝的 “克萊頓谷鋰項目”。克魯茲佔地6,146英畝的Hector鈷礦項目位於安大略省Cobalt鎮附近，該鎮有望開採鈷、銀和鑽石。克魯茲在愛達荷州的項目包括佔地2211英畝的 “愛達荷鈷帶項目” 和80英畝的 “愛達荷之星鈷項目”。管理層警告說，過去對克魯茲附近房產的業績或發現不一定表明公司的房產存在礦化現象。
If you would like to be added to Cruz's news distribution list, please send your email address to info@cruzbatterymetals.com.
如果你想被添加到克魯茲的新聞發佈列表中，請將你的電子郵件地址發送到 info@cruzbatterymetals.com。
Cruz Battery Metals Corp.
克魯茲電池金屬公司
"James Nelson"
“詹姆斯·尼爾森”
James Nelson
President, Chief Executive Officer, Secretary and Director
詹姆斯尼爾
總裁、首席執行官、祕書兼董事
For more information regarding this news release, please contact:
James Nelson, CEO and Director
T: 604-899-9150
Toll free: 1-855-599-9150
E: info@cruzbatterymetals.com
W:
Twitter: @CruzBattMetals
有關本新聞稿的更多信息，請聯繫：
詹姆斯·尼爾森，首席執行官兼董事
T: 604-899-9150
免費電話：1-855-599-9150
E: info@cruzbatterymetals.com
W：
推特：@CruzBattMetals
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