Cruz Battery Metals Announces Maiden Mineral Resource Estimate on its Solar Lithium Project in Big Smokey Valley, Nevada Ready to Announce with Confidence?
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2026) - Cruz Battery Metals Corp. (CSE: CRUZ) (OTCID: BKTPF) (FSE: A40YSN) ("Cruz" or the "Company") has received its maiden mineral resource estimate for the 100-per-cent-owned Cruz Solar Lithium Clay Deposit in Big Smokey Valley north of Tonopah, Nevada. Using a 300 ppm Li cutoff, the MRE is 50 Mt @ 608 ppm Li for 161,000 indicated tonnes of lithium carbonate equivalent (LCE) and 183 Mt @ 539 ppm Li for 525,000 inferred tonnes of LCE.
James Nelson, President of Cruz Battery Metals stated, "We appreciate Stantec, a world leader in the industry, preparing our Technical Report and mineral resource estimate for the Solar lithium project in Nevada. Using the 300 ppm Li cut-off, the MRE is 50 Mt @ 608 ppm Li for 161,000 indicated tonnes of lithium carbonate equivalent (LCE) and 183 Mt @ 539 ppm Li for 525,000 inferred tonnes of LCE."
Table 1
Lithium Resource Estimates - Metric Units
Stantec's base case MRE at a 500 ppm cut-off grade is 35 Mt @ 697 ppm Li for 128,000 indicated tonnes of lithium carbonate equivalent (LCE) and 103 Mt @ 641 ppm Li for 352,000 inferred tonnes of LCE. The Mineral Resource Estimate has been prepared by Joan Kester, P.Geo of Stantec Consulting Services Ltd. ("Stantec") in conformity with CIM "Estimation of Mineral Resource and Mineral Reserves Best Practices" guidelines and are reported in accordance with the Canadian Securities Administrators NI 43-101. The Stantec Qualified Person (Joan Kester, P.Geo.) has direct experience in lithium clay exploration projects in Nevada. Joan Kester is the Qualified Person for the American Lithium Corp. (TSXV: LI) (OTCQX: AMLIF) TLC Lithium Project Technical Reports.
Qualified Person
The technical contents of this release were reviewed and approved by Joan Kester, P.Geo., a Stantec qualified person as defined by National Instrument 43-101.
About Cruz Battery Metals Corp.
In Nova Scotia, Cruz has recently acquired the ~5,000-acre 'South Advocate Hydrogen Project'. Cruz also has the 'Sterling South Gold/Copper Project' in Ontario, Canada. In addition, Cruz currently has several battery metals focused projects located in the USA. Cruz's Nevada lithium projects consist of the 4,938-acre 'Solar Lithium Project', the 240-acre 'Clayton Valley Lithium Brine Project', and the 580-acre 'Central Clayton Valley Lithium Brine Project'. 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.
If you would like to be added to Cruz's news distribution list, please send your email address to info@cruzbatterymetals.com
Cruz Battery Metals Corp.
"James Nelson"
James Nelson
President, Chief Executive Officer, Secretary and Director
For more information regarding this news release, please contact:
James Nelson, CEO and Director
T: 604-899-9150
Toll free: 1-855-599-9150
E: info@cruzbatterymetals.com
W: www.cruzbatterymetals.com
Twitter: @CruzBattMetals
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288914
Source: Cruz Battery Metals Corp.
Analyst, journalist, or company stakeholder? Sign up to receive news releases by email for Cruz Battery Metals Corp. or all companies in the Mining and Metals, Energy Metals industry.
Cruz Battery Metals Announces Maiden Mineral Resource Estimate on its Solar Lithium Project in Big Smokey Valley, Nevada
2026-03-18 3:01 AM EDT
Cruz Battery Metals Acquires the 'South-Advocate Hydrogen Project' in Nova Scotia Directly Bordering Quebec Innovative Materials Corp.
2026-03-16 3:01 AM EDT
RETRANSMISSION: Cruz Battery Metals Enters into Joint Venture Agreement for Deep Basin Lithium Brine Exploration in Clayton Valley, Nevada
2026-01-29 3:01 AM EST
May 29, 2025
When your company’s earnings news hits the market, stock prices can react in milliseconds. A 2025 UC San Diego study analyzing over 89...
Economy, Business and Finance
Metal and Mineral
Mining
Mining and Metals
Energy Metals