Cruz Phase-5 Drill Program Expected to Begin Shortly on the Solar Lithium Project in Nevada, Directly Bordering American Lithium Corp.
Cruz Phase-5 Drill Program Expected to Begin Shortly on the Solar Lithium Project in Nevada, Directly Bordering American Lithium Corp.
Vancouver, British Columbia--(Newsfile Corp. - September 29, 2023) - Cruz Battery Metals Corp. (CSE: CRUZ) (OTC Pink: BKTPF) (FSE: A3CWU7) ("Cruz" or the "Company") wishes to announce that the Company is currently formulating a phase-5 drill program to begin shortly on the 100-percent owned, 8,135-acre Solar Lithium Project in Nevada, directly bordering American Lithium Corp.'s TLC project (See map below). To date, the Company has discovered lithium in all 14 completed drill holes throughout the first 4 phases of drilling.
溫哥華,不列顛哥倫比亞省-(Newsfile Corp.-2023年9月29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,公司目前正在制定第五階段鑽探計劃,不久將開始內華達州的太陽能鋰專案,該專案擁有100%股權,佔地8,135英畝,與美國鋰公司的S TLC專案(見下圖)直接接壤。迄今為止,公司在前四個階段的所有14個已完成的鑽孔中發現了鋰。
Frank Bain, the on-site Project Geologist, Qualified Person and a director of Cruz Battery Metals, stated: "The phase-4 drill program confirmed that the mineralization is open in all directions. The Phase-5 drill holes have been permitted and will test for lithium mineralization both North, West and South of the Phase-4 drill sites. Drilling is expected to recommence shortly."
克魯茲電池金屬公司的現場專案地質學家、合格人士、董事成員弗蘭克·貝恩表示:“第四階段的鑽探計劃確認礦化是全方位開放的。第五階段的鑽孔已經獲準,將在第四階段鑽探地點的北部、西部和南部測試鋰礦化。鑽探預計很快就會重新開始。”
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, "The upcoming phase-5 drill program will be Cruz's third drill program of the 2023 calendar year on the Solar lithium project. Management is pleased that the phase-4 drill program expanded the known lithium footprint on this project and we now look to build upon this recent success by starting our phase-5 drill program shortly. 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, and we anticipate generating our maiden resource estimate immediately following the completion of the phase-5 drill program on the 8,135-acre Solar Lithium Project. The remainder of 2023 will be very active as we enter a period of increased news flow with several potential catalysts ahead."
克魯茲電池金屬公司的吉姆·尼爾森、總裁表示:“即將到來的第五階段鑽探計劃將是克魯茲在2023年第三個太陽能鋰專案的鑽探計劃。管理層感到高興的是,第四階段鑽探計劃擴大了該專案已知的鋰足跡,我們現在希望在最近成功的基礎上,很快啟動我們的第五階段鑽探計劃。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的資金充足,我們預計在8,135英畝太陽能鋰專案的第五階段鑽探計劃完成後,立即產生我們的首次資源評估。2023年的剩餘時間將非常活躍,因為我們進入了一個新聞流增加的時期,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
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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。
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譯文內容由第三人軟體翻譯。