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Cruz Battery Metals Intersects Targeted Siebert Lithium Formation on the Phase-4 Drill Program on the Solar Lithium Project in Nevada

Cruz Battery Metals Intersects Targeted Siebert Lithium Formation on the Phase-4 Drill Program on the Solar Lithium Project in Nevada

Cruz Battery Metals在內華達州太陽能鋰項目第四階段鑽探計劃中與目標西伯特鋰礦相交
newsfile ·  2023/06/20 15:01

Vancouver, British Columbia--(Newsfile Corp. - June 20, 2023) - Cruz Battery Metals Corp. (CSE: CRUZ) (OTC Pink: BKTPF) (FSE: A3CWU7) ("Cruz" or the "Company") wishes to announce that it has completed the phase-4 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). Four Reverse Circulation (RC) drill holes were completed during the phase-4 drill program on the Solar Lithium Project. Two holes, Solar-11 and Solar-13 were successfully completed on the Eastern portion of the Solar Lithium Project, Solar-12 was lost because of technical reasons. Solar-13, the farthest North RC hole encountered a 375-foot-thick clay section within the Siebert Formation. The RC hole Solar-10, Cruz's Southernmost drill hole, located immediately North of the American Lithium Claim boundary, encountered 400 feet of potential lithium bearing clay within the Siebert Formation. The phase-4 drill program samples have been sent to ALS in Reno and the results are expected in four to eight weeks.

溫哥華,不列顛哥倫比亞省-(Newsfile Corp.-2023年6月20日)-克魯茲電池金屬公司(CSE:CRUZ)(場外粉色:BKTPF)(證券交易所代碼:A3CWU7)(“Cruz”或“公司”)公司宣佈已經完成了內華達州8,135英畝太陽能鋰專案的第四階段鑽探專案,該專案與美國鋰公司的S TLC專案(見下圖)直接接壤。在太陽能鋰專案第四階段鑽探計劃中,完成了四個反迴圈(RC)鑽孔。太陽鋰專案東段Solar-11和Solar-13兩個洞順利完成,Solar-12因技術原因丟失。Solar-13,最遠的北RC洞在Siebert組內遇到了375英尺厚的黏土部分。RC孔Solar-10是克魯茲最南端的鑽孔,位於美國鋰主張邊界的正北方,在Siebert地層中遇到了400英尺的潛在含鋰黏土。第四階段的鑽探計劃樣本已被送往雷諾的ALS,預計將在4至8周內得出結果。

Frank Bain, the on-site Project Geologist, Qualified Person and a director of Cruz Battery Metals, stated: "The Solar-13 RC hole is very significant as thick sequences of possible lithium bearing clay have now been extended further East and North from the Phase-1 Solar drilling and remains open to the North. The Solar-10 drill hole has the potential to extend known mineralization further South near American Lithium's claim boundary."

克魯茲電池金屬公司的現場專案地質學家、資質人員和董事成員弗蘭克·貝恩表示:“Solar-13 RC孔意義重大,因為厚厚的可能含有鋰的黏土巖層現已從一期Solar鑽探向東和向北延伸,並保持向北開放。Solar-10鑽孔有可能將已知礦化進一步向南延伸,靠近美國鋰的主張邊界。”

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.

“太陽能鋰專案”直接與美國鋰公司的TLC專案接壤。2023年1月17日,美國鋰公司在由Stantec Consulting Ltd.編寫的題為“TLC Property”的獨立國家儀器43-101中公佈了對TLC鋰黏土巖礦的資源估計,其中含有883萬噸碳酸鋰當量(LCE),並推斷出另有186萬噸碳酸鋰當量(LCE)。Cruz Management警告稱,過去在Cruz附近物業的結果或發現並不一定表明該公司的資產上存在礦化。

Jim Nelson, President of Cruz Battery Metals stated, "We are pleased to have encountered a 375-foot-thick section of potential lithium bearing clay on the Easternmost portion of this project, and a 400-foot-thick clay section near the border of American Lithium's project during the phase-4 drill program. If Cruz can achieve similar results on the phase-4 drill program that we've already encountered over the first three phases of drilling, it would significantly expand the known lithium footprint on the Solar Lithium Project. Cruz is one of the largest landholders in the Big Smoky Valley of Nevada, directly bordering American Lithium and we've still only explored a small fraction of the property. Cruz is well-funded to complete all planned drilling and we anticipate a phase-5 drill program and generating our maiden resource estimate on the 8,135-acre Solar Lithium Project before the end of 2023. The remainder of the year will be very active as we enter a major news flow cycle with several potential catalysts ahead."

克魯茲電池金屬公司的Jim Nelson、總裁表示:“我們很高興在該專案最東端發現了375英尺厚的潛在含鋰黏土,並在第四期鑽探計劃期間在美國鋰業專案邊界附近發現了400英尺厚的黏土。如果克魯茲能夠在第四階段鑽探計劃上取得類似的結果,就像我們在前三個鑽探階段已經遇到的那樣,這將顯著擴大太陽能鋰專案的已知鋰足跡。克魯茲是內華達州大煙谷最大的地主之一,與美國鋰公司直接接壤,我們仍然只勘探了這處房產的一小部分。Cruz有充足的資金完成所有計劃的鑽探,我們預計將在2023年底之前完成5期鑽探計劃,並對8,135英畝的太陽能鋰專案進行首次資源評估。今年餘下的時間將非常活躍,因為我們將進入一個主要的新聞流動週期,前面有幾個潛在的催化劑。“


Figure 1: Cruz Ownership Map


圖1:Cruz所有權圖

Qualified Person

有資格的人

The technical contents of this release were reviewed and approved by Frank Bain, PGeo, a qualified person as defined by National Instrument 43-101.

本新聞稿的技術內容由PGeo的Frank Bain審查和批准,他是National Instrument 43-101所定義的合格人員。

About Cruz Battery Metals Corp.

克魯茲電池金屬公司簡介

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.

克魯茲目前在北美各地有幾個專案。科魯茲的內華達州鋰專案包括佔地8,135英畝的“太陽能鋰專案”和佔地240英畝的“克萊頓山谷鋰專案”。克魯茲的赫克託鈷專案佔地6,146英畝,位於安大略省鈷鎮附近,該鎮有望開採鈷、銀和鑽石。克魯茲在愛達荷州的專案包括2211英畝的“愛達荷州鈷帶專案”和80英畝的“愛達荷州明星鈷專案”。管理層告誡說,過去在克魯茲附近的物業的結果或發現並不一定表明公司的物業上存在礦化。

If you would like to be added to Cruz's news distribution list, please send your email address to info@cruzbatterymetals.com.

如果您想被添加到克魯茲的新聞分發列表中,請將您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·納爾遜》

James Nelson
President, Chief Executive Officer, Secretary and Director

詹姆斯·納爾遜
董事首席執行官、祕書總裁

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資訊,請聯繫:
詹姆斯·尼爾森,董事首席執行官
電話:604-899-9150
免費電話:1-855-599-9150
電子郵箱:Info@Cruzbatterymetals.com
W:
推特:@CruzBattMetals

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

CSE及其監管服務提供商(該術語在CSE的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。

To view the source version of this press release, please visit

要查看本新聞稿的源版本,請訪問

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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