Source: Cruz Battery Metals.
  • Cruz (CRUZ) has uncovered lithium in the northern section of its Solar Lithium Project in Nevada
  • The company drilled Hole 6 over 4 km to the north of any previous hole drilled to date, yielding values up to 630 ppm lithium
  • It is planning a phase III drilling program for later this year
  • Cruz Battery Metals mines for lithium in Nevada as well as for cobalt, silver and diamonds in Ontario, B.C. and Idaho
  • Cruz (CRUZ) is down by 7.14 per cent trading at $0.195 per share

Cruz (CRUZ) has uncovered lithium in the northern section of its Solar Lithium Project in Nevada.

The results stem from phase II drilling on the 8,135-acre property.

The company drilled Hole 6 more than 4 km to the north of any previous hole drilled to date, yielding values as high as 630 ppm lithium.

Every hole drilled during phases I and II has produced lithium, including values as high as 1,300 ppm Li.

“We are very encouraged by the fact that lithium is present on the northern portion of our large property,” stated Jim Nelson, Cruz’s President. “Data provided by the first two phases of drilling will allow the company to plan a larger phase III program in the second half of 2022.”

Cruz Battery Metals mines for lithium in Nevada as well as for cobalt, silver and diamonds in Ontario, B.C. and Idaho.

Cruz (CRUZ) is down by 7.14 per cent trading at $0.195 per share as of 11:41 am EST.

More From The Market Online

Three junior copper stocks for the long run

Copper demand has pushed prices to their highest level since 2022, shedding light on steep undervaluation in the junior mining space.

Spanish Mountain Gold forms partnership for sustainable mining

Spanish Mountain Gold (TSXV:SPA) enters into a partnership with ANDRITZ and BC Hydro to reduce carbon intensity.

Hertz Energy to acquire mineral claim in Nunavut

Hertz Energy (CSE:HZ) enters into an agreement to acquire 100 per cent interest in a mineral claim in Nunavut.
Pulsar Helium

Junior helium stock to benefit from new legislation in U.S.

Pulsar Helium (TSXV:PLSR), a junior exploration stock, will benefit from new U.S. legislation on non-hydrocarbon gases.