BATTERY MINERALS LIMITED

BATTERY MINERALS LIMITED (ASX: BAT)

Diamond drilling in the White Rabbit District reveals Intrusion-Related Gold (IRG) mineralization, including visible gold, at the Coxs Find Prospect.
IP geophysics has identified a new priority drill target with strong surface gold anomalism up to 430g/t Au in rock chips.
Results from aircore drilling are expected in mid-June, diamond drilling results in late-June, and ongoing IP geophysical results throughout June-early July 2023.

2023-06-09 08:20:00

Diamond drilling has begun in the White Rabbit District to test priority gold targets at Coxs Find, Frankfurt, and Cosmopolitan Prospects.
Initial focus will be on the Coxs Find target, with a strong IP chargeability anomaly and gold anomalism in previous drilling and rockchip samples.
Aircore drilling of 59 shallow holes has been completed, with results expected in early June to refine bedrock drill targets in the Frankfurt area.

2023-05-22 08:22:00

Battery Minerals is proposing to raise approximately $500,000 via a Share Purchase Plan (SPP), which is now underwritten by Morgans Corporate Limited with support from major shareholder Farjoy Pty Ltd.
Recent strong share price performance of Tirupati Graphite increases the value of Battery Minerals' current cash and listed investments to $10m, prior to SPP and Tranche 2 Placement proceeds.
A drill rig is scheduled to commence diamond drilling next week to test high-quality gold targets at Stawell, including Cox’s Find.

2023-05-12 08:45:00

Battery Minerals has negotiated the removal of escrow provisions on all its consideration shares in Tirupati Graphite plc (TGR).
The removal of escrow provisions provides additional liquidity to the Company's investment in TGR, valued at $7.8m, with exposure to an emerging major producer of flake graphite.
TGR recently achieved a 30,000tpa production capacity with guidance of 84,000tpa by the end of 2024 and a long-term goal of producing around 8% of the global flake graphite market or 400,000tpa by 2030.

2023-04-19 08:23:00

Battery Minerals Limited to raise $1.5m through an oversubscribed placement at $0.0038 and $0.5m via Share Purchase Plan (SPP).
Funds will be used for drilling and testing high-quality gold targets at Stawell, including the promising Cox's Find.
Company will have cash and listed investments valued at $10m post placement and SPP if successful.

2023-04-14 09:52:00

Battery Minerals completes acquisition of major interest in emerging graphite producer Montepuez and Balama Central graphite projects.
The company receives $500k cash and 12,065,500 shares in Tirupati Graphite plc, with a current value of $6.5m.
This allows Battery Minerals to execute its gold discovery strategy, while maintaining exposure to the rapidly expanding graphite market through its investment in Tirupati Graphite.

2023-04-03 08:29:00