• Battery Mineral Resources (BMR) adds deep penetrating geophysics to enhance target acquisition at Gowganda East
  • The underlying geology in the survey area is similar to the nearby Canada Silver Cobalt Works Inc.
  • The Castle East Robinson zone hosts a total inferred mineral resource of 32,900 tonnes grading 7,149g/t silver for a total of over 7.5 million ounces of silver
  • The Gowganda property is located about 125 kilometers northeast of Sudbury and 75 km southwest of the town of Kirkland Lake
  • The Gowganda Project totals 1,138 mining claims and 4 mining leases covering 18,508 hectares
  • Battery Mineral Resources Corp. (BMR) is trading at C$0.60 as of April 26 at 3:29 pm ET

Battery Mineral Resources Corp. (BMR) has commenced a grid-based three-dimensional distributed induced polarization survey on the Gowganda East target.

The survey is a precursor to final target selection for the forthcoming core drill program of up to 2,000 meters.

The underlying geology in the survey area is similar to the nearby Canada Silver Cobalt Works Inc. Castle East Robinson zone which recently announced a maiden silver-cobalt mineral resource.

The Castle East Robinson zone hosts a total inferred mineral resource of 32,900 tonnes grading 7,149g/t silver for a total of over 7.5 million ounces of silver with significant reportable cobalt values.

The Gowganda East target is available to Battery as a part of the Gowganda joint venture with Transition Metals Corp (TSXV: XTM).

The Gowganda property is located about 125 kilometers northeast of Sudbury and 75 km southwest of the town of Kirkland Lake. 

The historic silver-cobalt production at Gowganda was sourced from veins hosted in or near the west limb of a Nipissing diabase sill.

Once the geophysical survey field data collection phase is completed the data will be processed and a 3D inversion model will be created which will form the basis for detailed geological interpretation and development of further drill targets.

BMR has contracted Canadian Exploration Services Limited to conduct a grid-based 3D IP survey on the Gowganda East Target which is part of the Gowganda Joint Venture with Transition Metals Corp.

Crews have completed the grid line-cutting phase of the program and 3D IP data collection has commenced.

Battery CEO Martin Kostuik states; “We are excited to commence the 3D IP survey at Gowganda East as it represents our first step in the evaluation of the east limb of the Nipissing diabase sill.”

“We anticipate that the data generated by this survey will enhance existing BMR drill plans and possibly add new drill targets,” added Kostuik.

The Gowganda Property comprises claims located in Chown, Corkill, Haultain, Knight, Lawson, Milner, Nicol, and Van Hise townships of Northeastern Ontario, about 125 kilometers northeast of Sudbury and 35 kilometers west of Elk Lake.

The Gowganda Project totals 1,138 mining claims and 4 mining leases covering 18,508 hectares.

The Gowganda Project is accessible via Highway 560, which traverses local roads around the town of Gowganda to provide access to most of the cobalt and silver prospects.

The Property is accessible via a number of gravel and logging roads west and east of the village of Gowganda, Ontario.

Broadly north-striking bodies composed mainly of pyroxene gabbro with local granophyric phases are recognized as parts of the Nipissing Diabase.

A single sheet in the Miller Lake area has a thickness of 284 meters.

Battery is a Canadian-based, multi-commodity resource company.

Battery Mineral Resources Corp. (BMR) is trading at C$0.60 as of April 26 at 3:29 pm ET.

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