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  • Cruz Battery Metals (CRUZ) has secured the drill permit for the 5,500-acre ‘Solar Lithium Project’ in Nevada
  • Lithium prices have exploded to all-time highs and investor interest in Nevada 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
  • Cruz currently has several projects located throughout North America, comprising five in Ontario, four in British Columbia, two in Idaho, and two in Nevada
  • Cruz Battery Metals Corp. (CRUZ) opened trading at C$0.155 per share

Cruz Battery Metals (CRUZ) has secured the drill permit for the 5,500-acre Solar Lithium Project’ in Nevada.

Cruz plans to be drilling this project shortly using the information provided by the recent sampling program, designed to test the high-grade target areas.

Lithium prices have exploded to all-time highs and investor interest in Nevada 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.

Jim Nelson, President of Cruz commented on the news.

“We are very pleased to have received this drill permit. We expect the drilling to commence shortly and with drillers being extremely difficult to secure, there will be a significant investor focus on Cruz, as we commence this drill program. Cruz uncovered substantial surface sample numbers as high as 1,610 ppm Li on this property. Considering we will be drilling right near the border to American Lithium Corp’s TLC project whose market cap has soared to over 600 million, Cruz’s management is very optimistic about what the drill results will indicate. The next few weeks will be very exciting and transformative for Cruz Battery Metals.”

Cruz currently has several projects located throughout North America, comprising five in Ontario, four in British Columbia, two in Idaho, and two in Nevada. Cruz’s Nevada lithium projects consist of the ~5,330-acre ‘Solar Lithium Project’ and the 240-acre ‘Clayton Valley Lithium Project’.

Cruz’s five separate Ontario projects are all located in the vicinity of the town of Cobalt, making Cruz one of the largest landholders in this historic silver-cobalt-producing district.

Cruz’s Ontario projects, which are prospective for cobalt, silver and diamonds include the 1,525-acre Coleman cobalt project, the 988-acre Johnson cobalt project, the 6,146-acre Hector cobalt project, the 1,458-acre Bucke cobalt project and the 1,453-acre Lorraine cobalt project.

Cruz Battery Metals Corp. (CRUZ) opened trading at C$0.155 per share.

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