Phase 4 Drill Program Confirms Lithium Mineralization In All Directions On Solar Lithium Project
VANCOUVER - Cruz Battery Metals Corp. reported that the drill results have been received from the phase-4 drill program on the 8,135-acre Solar Lithium Project in Nevada. Three Reverse Circulation (RC) drill holes from the phase-4 drill program were submitted for assaying. All three drill holes discovered the presence of lithium. Solar-13, the farthest North RC hole, had a high value of 1,050 parts-per-million lithium (ppm Li), including 626 ppm Li over 130 feet. Solar-11 had a high value of 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, had a high of 1,060 ppm Li, including 476 ppm Li over 70 feet.
Frank Bain, Project Geologist, said, "Assays have been received from ALS Global for the recently completed Phase 4 drilling program. All holes discovered lithium mineralization with thicknesses varying from 70 to 135 feet. The drilling confirmed that the mineralization is open in all directions from the Phase-4 holes. 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."
Jim Nelson, President of Cruz Battery Metals, stated, "With the phase-4 drill program having expanded the known lithium footprint on the Solar Lithium project, we now look ahead to formulating our phase-5 drill program. Cruz is one of the largest landholders in the Big Smoky Valley of Nevada, 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 shortly. The remainder of the year will be very active, with several potential catalysts ahead."