American Battery Technology Company (OTCQB:ABML), a critical minerals manufacturing and lithium-ion battery recycling company, said it has completed drilling of its first set of several sampling locations and submitted the subsurface samples collected from its Tonopah Flats Lithium Exploration Project for high throughput screening analysis.
The Reno, Nevada-based company said the samples were collected from the initial secured 305 lode mining claims, located in Big Smoky Valley near Tonopah, Nevada.
“We’re proud of how quickly and efficiently our Resources team has been able to develop and execute this initial exploration drilling and sampling effort, and we’re excited to begin analyzing the characterization results from these initial samples,” the company’s CEO Ryan Melsert said in a statement.
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Given the promising results of initial surface samples of the original 305 claims, combined with the confirmed geological representative characteristics and surface expressions of adjacent claims, ABTC said it commenced an additional exploratory subsurface sampling program to potentially further develop the resource where the sample results will be used to understand the extent of the deposit in footprint, depth, and the grades of the lithium.
It added that it will carry on with additional exploratory drilling while thorough analyses of the initial samples are underway.
It will also continue conducting geological mapping, sampling, geochemical analysis, and proprietary extraction trials to characterize these high potential resources and to quantify the performance of its internally developed lithium extraction and manufacturing operations.
The ABTC Tonopah Flats Lithium Exploration Project currently encompasses the exploration, sampling, and analysis of 427 unpatented lode mining claims covering approximately 8,540 acres of land.
American Battery Technology Company (OTCQB:ABML), which recently changed its name from American Battery Metals Corporation, is positioned to supply low-cost, low-environmental impact, and domestically sourced battery metals through its three divisions: lithium-ion battery recycling, primary battery metal extraction technologies, and primary resources development.
Contact the author at stephen.gunnion@proactiveinvestors.com