- Cruz Battery Metals (CSE:CRUZ), a microcap lithium stock, has unveiled prospective drill results from its Solar Lithium Project in Nevada
- Three phase-4 reverse circulation (RC) drill holes discovered lithium mineralization, including 626 ppm Li over 130 feet
- A phase-5 drilling program will soon break ground
- Cruz Battery Metals is developing several lithium and cobalt projects throughout North America
- The Cruze Battery Metals stock (CSE:CRUZ) last traded at $0.085 per share
Cruz Battery Metals (CSE:CRUZ), a microcap lithium stock, has unveiled prospective drill results from its Solar Lithium Project in Nevada.
The results stem from the phase-4 drill program on the 100%-owned, 8,135-acre property, that directly borders American Lithium’s TLC Project (8.83 million tonnes lithium carbonate equivalent (LCE) measured and indicated, and 1.86 million tonnes LCE inferred).
Three RC drill holes discovered the presence of lithium with the following assays:
- Solar-13, the farthest north RC hole, graded up to 1,050 ppm Li, including 626 ppm Li over 130 feet
- Solar-11 reached up to 950 ppm Li, including 612 ppm Li over 60 feet
- Solar-10, Cruz’s southernmost drill hole, located immediately north of the American Lithium claim boundary, reached up to 1,060 ppm Li, including 476 ppm Li over 70 feet
Mineral thickness varies from 70 to 135 feet, with drilling confirming that mineralization is open in all directions from the phase-4 holes.
Phase-5 drill holes are now permitted to test for lithium mineralization to the north, west and south of phase-4 drill sites. Drilling will begin imminently.
“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 Solar Lithium Project shortly. The remainder of the year will be very active, with several potential catalysts ahead,” Jim Nelson, Cruz’s president, said in a news release.
Cruz Battery Metals is developing several lithium and cobalt projects throughout North America.
The microcap lithium stock (CSE:CRUZ) last traded at $0.085 per share.
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