About The Project
On the ‘Solar Lithium Project’, Cruz Battery Metals Corp. has encountered Lithium values as high as 1,610 parts per million (ppm) lithium (Li). Cruz plans to be drilling this project shortly using the information provided by the recent sample program, designed to test the high-grade target areas. Nevada is the go-to address for North American lithium production and Cruz is extremely pleased to have a sizable footprint in this world-class district, directly bordering American Lithium Corp.’s (LI – TSX.v, LIACF – USA) TLC project. According to the Stantec report dated April 15, 2020, the Tonopah lithium claims (TLC project) currently contain 5.37 million tonnes lithium carbonate equivalent (LCE) measured and indicated with another 1.76 million t LCE inferred. Lithium prices have recently broken out to three-year highs and investor interest in lithium stocks continues to be robust.
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.