Battery Mineral Resources Corp. is pleased to provide an update of bedrock stripping and metallurgical sampling of the high-grade cobalt -silver breccia vein material that form the McAra mineral resource . Highlights An excavator trenching and bedrock stripping program exposed the McAra cobalt-silver mineralized zone at surface; A 202 kilogram bulk sample was sent to Dundee Sustainable Technologies for assay and a [...]
Battery Mineral Resources Corp. is pleased to announce that drilling intercepted 4 main cobalt mineralized structures on the recently completed and initial diamond drill program at the White Reserve Project located about 120 kilometres northeast of Sudbury and 30 kilometers southwest of town of Elk Lake. Highlights: 17 drillholes completed for 1,838 meters ; Targets identified from recent three-dimensional model of [...]
Battery Mineral Resources Corp. is pleased to announce that its previously announced concurrent financing and agreement to acquire the Punitaqui Mining Complex, a copper-gold mine located in the Coquimbo region of Chile , is entering its final stages. As previously announced , the Company, and its wholly-owned subsidiary Minera BMR SpA, has entered into an agreement with Minera Altos de Punitaqui Limitada , a wholly-owned [...]
Battery Mineral Resources Corp. announces that it has commenced a grid-based three dimensional distributed induced polarization survey on the Gowganda East target as a precursor to final target selection for the forthcoming core drill program of up to 2,000 meters. Highlights This 3D IP geophysical survey is targeting the east limb of the Nipissing diabase sill which remains largely unexplored despite its geological [...]
Battery Mineral Resources Corp. announces that it has granted to certain officers and directors of the Corporation an aggregate of 5,000,000 options to acquire common shares of the Corporation . The Options have an exercise price of $0.85 per share, have an eight-year term from the date of grant, and vest annually in equal thirds beginning on the first anniversary of the date of grant." About Battery Mineral Resources [...]
Battery Mineral Resources Corp. is pleased to announce that it has successfully defined a cobalt mineral resource of over 1 million pounds for the McAra Cobalt deposit. The McAra Cobalt mineral resource is located 150 km northeast of Sudbury, Ontario and is the first new cobalt dominant mineral resource delineated in the region in the past 50 years. The resource is hosted in the Cobalt Embayment . The Cobalt Embayment [...]
Battery Mineral Resources Corp. is pleased to announce that Martin Kostuik has been appointed as the Company's new Chief Executive Officer and as a Director of the Board. Mr. Laz Nikeas will continue to serve as Executive Chairman of the Board. Commenting on the new appointments, Laz Nikeas, Executive Chairman, said: "On behalf of everyone at the Company, I would like to welcome Martin to the BMR team. The Board conducted [...]
Battery Mineral Resources Corp. announced today that the TSX Venture Exchange has agreed to lift the trading on its common shares. on Monday, March 22, 2021. The common shares were halted in connection with the Company's announcement that its wholly-owned subsidiary Minera BMR SpA had entered into an agreement with Minera Altos de Punitaqui Limitada , a wholly-owned subsidiary of Xiana Mining Inc. , to acquire the [...]
Battery Mineral Resources Corp. is pleased to announce its wholly-owned subsidiary Minera BMR SpA has entered into an agreement with Minera Altos de Punitaqui Limitada , a wholly-owned subsidiary of Xiana Mining Inc. , to acquire the Punitaqui Mining Complex, a copper-gold mine located in the Coquimbo region of Chile . Overview of MAP Past producing mining operation which consists of an integrated copper and gold mining [...]
Battery Mineral Resources Corp. is pleased to announce that, further to its news release dated February 16, 2021 announcing the completion of its qualifying transaction, the common shares of the Corporation will resume trading on the TSXV at the open of trading on February 23, 2021 under the new trading symbol "BMR". Battery Mineral Resources is a Canadian-based, multi-commodity resource company. Battery is engaged in the [...]
Fusion Gold Ltd. is pleased to report that it has closed its previously announced qualifying transaction with Battery Mineral Resources, and changed its name to "Battery Mineral Resources Corp.". The Company's shares are expected to resume trading on the TSXV as a Tier 2 Mining Issuer under the ticker symbol "BMR" on or around February 22, 2021, subject to the TSXV issuing its final exchange bulletin confirming the [...]
Fusion Gold Ltd. is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange for the closing of its proposed qualifying transaction with Battery Mineral Resources Corp. As previously disclosed, the Transaction will be completed by way of a three-cornered amalgamation pursuant to which Battery and a wholly-owned subsidiary of Fusion will amalgamate, and shareholders of Battery will [...]