Battery Mineral Resources Corp. is pleased to announce that its wholly-owned subsidiary Minera BMR Chile has awarded the three key contracts to support the execution of the Punitaqui mine drilling program and technical report. JDS Energy and Mining Inc. has been appointed to author the Punitaqui mine technical report and is responsible for oversight of the study - the conclusion of which will be the basis for the decision [...]
Battery Mineral Resources Corp. is pleased to announce the results of the Company's annual general meeting of its shareholders held on June 30, 2021 . Shareholders approved all motions put forth at the 2021 AGM. Highlights Approved motions include: Re-election of four directors, Equity based incentives including stock option and restricted share unit plans, Appointment of Pricewaterhouse Coopers LLP as auditors of the [...]
Battery Mineral Resources Corp. is pleased to announce exploration updates from its 100% owned Bonanza Project within the Idaho Cobalt Belt, USA. The US National Forest Service has approved Battery's Plan of Operations for six drill sites on the Bonanza Project, concurring there will be no effect to any environmental resources in the area. The principal target area sits along strike of the mineralized geology in a zone of [...]
Battery Mineral Resources Corp. is pleased to announce that it has closed the non-brokered private placement announced on June 17, 2021. The Company issued 1,388,888 common shares in the capital of the Company on a flow-through basis at a price of $0.72 per Flow-Through Share to raise gross proceeds of $1,000,000. These funds will be used to finance the continuation of the Company's 2021 Canadian exploration programs in [...]
Battery Mineral Resources Corp. is pleased to announce that the Company will be holding its annual general of its shareholders at 3 p.m. on Wednesday, June 30, 2021 . Due to precautions related the COVID-19 virus, the 2021 AGM will be held virtually only, via teleconference. Shareholders of record as of May 26, 2021 are entitled to vote their common shares of the Company at the 2021 AGM. The Company encourages its [...]
Battery Mineral Resources Corp. is pleased to announce that it intends to complete a non-brokered private placement to raise gross proceeds of up to $1,000,000 through the issuance of up to 1,388,888 common shares in the capital of the Company issued on a flow-through basis at a price of $0.72 per FT Share. These funds will be used to finance the continuation of the Company's 2021 Canadian exploration programs in Ontario [...]
Battery Mineral Resources Corp. is pleased to announce exploration results from its 100% owned Bonanza Project within the Idaho Cobalt Belt. Sample Results Battery collected 92 continuous chip samples following mineralization exposed in one of three underground workings testing mineralization along a 2km strike. Sampling intercepted the following: 2 meter channel assaying 2.58 percent cobalt , 2.7 percent copper , and [...]
Battery Mineral Resources Corp. is pleased to announce that it has completed a transaction for 58 unpatented federal mining claims from International Cobalt Corp. that make up part of the Bonanza Project, located within the Idaho Cobalt Belt, Idaho. Battery now controls 100% of the Bonanza Project area, with 288 contiguous claims covering 2,440 hectares. Background The Bonanza Project encloses an area of widespread cobalt [...]
Battery Mineral Resources is pleased to announce its wholly-owned Chilean subsidiary Minera BMR SpA has completed its previously announced acquisition from Minera Altos de Punitaqui Limitada, a wholly-owned subsidiary of Xiana Mining, of the Punitaqui Mining Complex, a recently producing copper-gold mine located in the Coquimbo region of Chile. Concurrent with the completion of the Punitaqui Acquisition, the Company [...]
Battery Mineral Resources Corp. is pleased to announce that it has completed its acquisition of ESI Energy Services Inc. concurrent with the completion of ESI's previously announced going private transaction. The result is that Battery, which owned 89.2% of the ESI common shares before the share consolidation, now owns 100% of the ESI common shares. ESI has applied to the Canadian Securities Exchange to delist its common [...]
Battery Mineral Resources Corp. completed the design and commenced a diamond drill exploration program at the historic cobalt-silver producing Mapes-Johnston target on its 100% owned Elk Lake property. Drilling commenced mid-May and is expected to conclude in early June. Highlights The Mapes target, on the Company's Elk Lake property, is a highly prospective exploration target because of historic production of cobalt and [...]
Battery Mineral Resources Corp. is pleased to announce that it has closed the book on its previously announced concurrent private placement financing to acquire the Punitaqui Mining Complex, a prior-producing copper-gold mine located in the Coquimbo region of Chile . EAS Advisors, LLC, acting through Odeon Capital Group LLC, member of FINRA/SIPC/MSRB/NFA, acted as the Company's placement agent for the private placement [...]