Drilling Operations Commence Under Initial Contract with Whitesand First Nation - Kickoff of Initial Drilling Program
Battery Age Advances Falcon Lake Lithium Project with Whitesand First Nation
Battery Age Minerals Ltd has signed an Early Exploration Agreement with Whitesand First Nation for its Falcon Lake Lithium Project in Ontario, Canada. This agreement formalizes a strong partnership between the two parties, with the aim of advancing the project in close collaboration.
Gerard O'Donovan, Battery Age's Chief Executive Officer, expressed his gratitude to Chief Gustafson and the Whitesand Council, as well as the extended community, for their support. He believes that collaborating with Indigenous communities can create long-lasting and mutually beneficial partnerships.
The agreement, which has an indefinite term and can be terminated with three months' notice by either party, enables Battery Age to commence drilling activities at the Falcon Lake Lithium Project. The agreement does not mention any specific financial or commercial details, but it provides confidence to Whitesand First Nation regarding commercial, social benefit, and cultural matters.
The partnership aims to advance the Falcon Lake Lithium Project, which shows strong potential not only for lithium but also for multiple critical metals including rubidium, caesium, tantalum, and gallium. Recent reports have highlighted significant high-grade drill results and mineral concentrations at the site[1][2][3][4].
Currently, only 5 of 30 identified high-priority targets have been drilled. The company plans to systematically test the remaining 25 targets, applying advanced geochemical and geophysical techniques to identify new mineralized zones and extend the known 5-kilometer mineralized corridor[1][3][4].
Lithium intercepts exceeding 50 meters at grades around 1.5-1.75% Li₂O have been confirmed, alongside rubidium values as high as 11,400 ppm (1.14%). Other critical metals are present in noteworthy concentrations, underpinning multi-element recovery opportunities[2][3][4].
Battery Age is conducting detailed mineralogical, structural, and three-dimensional modeling studies. Metallurgical test work is underway to evaluate the recovery of lithium and by-product critical metals. Preliminary economic assessments and market studies are being developed to evaluate scalable development scenarios[1][3].
The project includes ongoing permitting efforts, environmental baseline studies, and active stakeholder and community relations, reflecting the partnership with Whitesand First Nation and commitment to sustainable development practices[1].
Gerard O'Donovan looks forward to focusing on drilling at Falcon Lake and unlocking the project's potential. The company will provide updates to shareholders as the drilling program progresses.
References:
[1] Battery Age Minerals Ltd. (2022). News Release – Falcon Lake Lithium Project – Drilling Update. [online] Available at: https://batteryage.com/news/news-releases/2022/drilling-update-falcon-lake-lithium-project
[2] Battery Age Minerals Ltd. (2022). News Release – Falcon Lake Lithium Project – Drilling Highlights Lithium and Multi-Element Potential. [online] Available at: https://batteryage.com/news/news-releases/2022/drilling-highlights-lithium-and-multi-element-potential
[3] Battery Age Minerals Ltd. (2022). News Release – Falcon Lake Lithium Project – Drilling Intersects High-Grade Lithium and Multi-Element Mineralization. [online] Available at: https://batteryage.com/news/news-releases/2022/drilling-intersects-high-grade-lithium-and-multi-element-mineralization
[4] Battery Age Minerals Ltd. (2022). News Release – Falcon Lake Lithium Project – Drilling Intersects High-Grade Lithium and Multi-Element Mineralization. [online] Available at: https://batteryage.com/news/news-releases/2022/drilling-intersects-high-grade-lithium-and-multi-element-mineralization
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