- Cruz Battery Metals (CRUZ) has announced that a drill program consisting of 4-6 holes is now underway on the Solar Lithium Project in Nevada
- Cruz’s drill program is designed to test the high-grade target areas identified from the information provided by a recent sampling program that included grades as high as 1,610 ppm Li
- Cruz’s Nevada lithium projects consists of the 6,215-acre Solar Lithium Project and the 240-acre Clayton Valley Lithium Project
- Cruz Battery Metals acquires and develops high-grade metals projects for the rechargeable battery and renewable energy sectors
- Cruz Battery Metals Corp. (CRUZ) opened trading at C$0.28 per share
Cruz Battery Metals (CRUZ) has announced that a drill program is now underway on the Solar Lithium Project in Nevada.
The project borders American Lithium Corp.’s TLC project. According to the Stantec report, the Tonopah Lithium Claims (TLC Project) currently contains 5.37 Mt (million tonnes) Lithium Carbonate Equivalent (LCE) measured and indicated with another 1.76 Mt LCE inferred.
Results from Cruz’s recent sampling program on the Solar Lithium Project included values as high as 1,610 parts per million (“ppm”) lithium (“Li”). Cruz’s drill program is designed to test the high-grade target areas identified from the information provided by the recent sampling program.
Lithium prices are now up over 300-percent in 2021 and investor interest in lithium stocks continues to be strong.
Jim Nelson, President of Cruz commented,
“We are very pleased to have now started to drill on the Solar Lithium Project in Nevada, right near the border of American Lithium Corp.’s TLC deposit. We are encouraged by the results from the recent sampling program that included grades as high as 1,610 ppm Li. As all major car companies ramp up their EV production, battery metals such as lithium (all-time highs) and cobalt (multi-year highs) are experiencing large demand pressure that show little signs of abating. management is very optimistic about the potential of this drill program and the company’s growth potential for the remainder of 2021 and beyond.”
Cruz Battery Metals acquires and develops high-grade metals projects for the rechargeable battery and renewable energy sectors.
Cruz’s Nevada lithium projects include the 6,215-acre Solar Lithium Project and the 240-acre Clayton Valley Lithium Project.
Cruz Battery Metals Corp. (CRUZ) opened trading at C$0.28 per share.