{"id":64620,"date":"2026-03-18T14:29:17","date_gmt":"2026-03-18T08:59:17","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/2026\/03\/18\/cruz-battery-metals-announces-maiden-mineral-resource-estimate-on-its-solar-lithium-project-in-big-smokey-valley-nevada\/"},"modified":"2026-03-18T14:29:17","modified_gmt":"2026-03-18T08:59:17","slug":"cruz-battery-metals-announces-maiden-mineral-resource-estimate-on-its-solar-lithium-project-in-big-smokey-valley-nevada","status":"publish","type":"post","link":"https:\/\/new.matribhumisamachar.com\/en\/2026\/03\/18\/cruz-battery-metals-announces-maiden-mineral-resource-estimate-on-its-solar-lithium-project-in-big-smokey-valley-nevada\/","title":{"rendered":"Cruz Battery Metals Announces Maiden Mineral Resource Estimate on its Solar Lithium Project in Big Smokey Valley, Nevada"},"content":{"rendered":"<p style=\"text-align: justify;\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/api.newsfilecorp.com\/newsinfo\/288914\/511\" width=\"2\" height=\"2\" \/><\/p>\n<p style=\"text-align: justify;\">Vancouver, British Columbia&#8211;(Newsfile Corp. &#8211; March 18, 2026) &#8211; <b>Cruz Battery Metals Corp. (CSE: CRUZ) (OTCID: BKTPF) (FSE: A40YSN) (&#8220;Cruz&#8221; or the &#8220;Company&#8221;)<\/b> 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.<\/p>\n<p style=\"text-align: justify;\">James Nelson, President of Cruz Battery Metals stated, &#8220;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.&#8221;<\/p>\n<p style=\"text-align: justify;\"><b>Table 1<\/b><br \/>\n<b>Lithium Resource Estimates &#8211; Metric Units<\/b><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"3\">\n<tbody>\n<tr>\n<td><b>Cutoff <\/b><\/td>\n<td><b>Volume<\/b><\/td>\n<td><b>Tonnes<\/b><\/td>\n<td><b>Li<\/b><\/td>\n<td colspan=\"3\"><b>Thousand Tonnes (Kt)<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Li<br \/>\n(ppm)<\/b><\/td>\n<td><b>(Km3)<\/b><\/td>\n<td><b>(Kt)<\/b><\/td>\n<td><b>(ppm)<\/b><\/td>\n<td><b>Li<\/b><\/td>\n<td><b>Li2CO3<\/b><\/td>\n<td><b>LiOH.H20<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\"><b>Indicated<\/b><\/td>\n<\/tr>\n<tr>\n<td>300<\/td>\n<td>29,197<\/td>\n<td>49,635<\/td>\n<td>608<\/td>\n<td>30<\/td>\n<td>161<\/td>\n<td>183<\/td>\n<\/tr>\n<tr>\n<td>400<\/td>\n<td>25,223<\/td>\n<td>42,879<\/td>\n<td>649<\/td>\n<td>28<\/td>\n<td>148<\/td>\n<td>168<\/td>\n<\/tr>\n<tr>\n<td>500<\/td>\n<td>20,375<\/td>\n<td>34,638<\/td>\n<td>697<\/td>\n<td>24<\/td>\n<td>128<\/td>\n<td>146<\/td>\n<\/tr>\n<tr>\n<td>600<\/td>\n<td>14,550<\/td>\n<td>24,735<\/td>\n<td>756<\/td>\n<td>19<\/td>\n<td>99<\/td>\n<td>113<\/td>\n<\/tr>\n<tr>\n<td>700<\/td>\n<td>9,227<\/td>\n<td>15,686<\/td>\n<td>818<\/td>\n<td>13<\/td>\n<td>68<\/td>\n<td>78<\/td>\n<\/tr>\n<tr>\n<td>800<\/td>\n<td>5,002<\/td>\n<td>8,503<\/td>\n<td>876<\/td>\n<td>7<\/td>\n<td>40<\/td>\n<td>45<\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\"><b>Inferred<\/b><\/td>\n<\/tr>\n<tr>\n<td>300<\/td>\n<td>107,667<\/td>\n<td>183,034<\/td>\n<td>539<\/td>\n<td>99<\/td>\n<td>525<\/td>\n<td>597<\/td>\n<\/tr>\n<tr>\n<td>400<\/td>\n<td>87,662<\/td>\n<td>149,025<\/td>\n<td>583<\/td>\n<td>87<\/td>\n<td>462<\/td>\n<td>526<\/td>\n<\/tr>\n<tr>\n<td>500<\/td>\n<td>60,768<\/td>\n<td>103,306<\/td>\n<td>641<\/td>\n<td>66<\/td>\n<td>352<\/td>\n<td>401<\/td>\n<\/tr>\n<tr>\n<td>600<\/td>\n<td>33,260<\/td>\n<td>56,542<\/td>\n<td>716<\/td>\n<td>40<\/td>\n<td>215<\/td>\n<td>245<\/td>\n<\/tr>\n<tr>\n<td>700<\/td>\n<td>17,208<\/td>\n<td>29,254<\/td>\n<td>772<\/td>\n<td>23<\/td>\n<td>120<\/td>\n<td>137<\/td>\n<\/tr>\n<tr>\n<td>800<\/td>\n<td>4,720<\/td>\n<td>8,024<\/td>\n<td>856<\/td>\n<td>7<\/td>\n<td>37<\/td>\n<td>42<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul style=\"text-align: justify;\">\n<li>CIM definitions are followed for classification of Mineral Resource.<\/li>\n<li>Mineral Resource surface pit extent has been estimated using a lithium carbonate price of US21,000 US$\/tonne and mining cost of US$3.25\/tonne for waste, a total processing of US$50.5\/tonne, a lithium recovery of 90%, fixed density of 1.70 g\/cm<sup>3<\/sup> (1.43 tons\/yd<sup>3<\/sup>) and 500 ppm cut-off grade.<\/li>\n<li>Conversions: 1 metric tonne = 1.102 short tons, metric m<sup>3<\/sup> = 1.308 yd<sup>3<\/sup>, Li<sub>2<\/sub>CO<sub>3<\/sub>:Li ratio = 5.32, LiOH.H<sub>2<\/sub>O:Li ratio = 6.05<\/li>\n<li>Totals may not represent the sum of the parts due to rounding.<\/li>\n<li>The Mineral Resource estimate has been prepared by Joan Kester, PG of Stantec Consulting Services Inc. in conformity with CIM &#8220;Estimation of Mineral Resource and Mineral Reserves Best Practices&#8221; guidelines and are reported in accordance with the Canadian Securities Administrators NI 43-101. Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that any mineral resource will be converted into mineral reserve.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">Stantec&#8217;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. (&#8220;Stantec&#8221;) in conformity with CIM &#8220;Estimation of Mineral Resource and Mineral Reserves Best Practices&#8221; 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.<\/p>\n<p style=\"text-align: justify;\"><b>Qualified Person<\/b><\/p>\n<p style=\"text-align: justify;\">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.<\/p>\n<p style=\"text-align: justify;\"><b>About Cruz Battery Metals Corp.<\/b><\/p>\n<p style=\"text-align: justify;\">In Nova Scotia, Cruz has recently acquired the ~5,000-acre &#8216;South Advocate Hydrogen Project&#8217;. Cruz also has the &#8216;Sterling South Gold\/Copper Project&#8217; in Ontario, Canada. In addition, Cruz currently has several battery metals focused projects located in the USA. Cruz&#8217;s Nevada lithium projects consist of the 4,938-acre &#8216;Solar Lithium Project&#8217;, the 240-acre &#8216;Clayton Valley Lithium Brine Project&#8217;, and the 580-acre &#8216;Central Clayton Valley Lithium Brine Project&#8217;. 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&#8217;s properties.<\/p>\n<p style=\"text-align: justify;\">If you would like to be added to Cruz&#8217;s news distribution list, please send your email address to <a href=\"mailto:info@cruzbatterymetals.com\" target=\"_blank\" rel=\"noopener\">info@cruzbatterymetals.com<\/a><\/p>\n<p style=\"text-align: justify;\">Cruz Battery Metals Corp.<\/p>\n<p style=\"text-align: justify;\">&#8220;James Nelson&#8221;<\/p>\n<p style=\"text-align: justify;\">James Nelson<br \/>\nPresident, Chief Executive Officer, Secretary and Director<\/p>\n<div style=\"text-align: justify;\">\n<p>For more information regarding this news release, please contact:<br \/>\nJames Nelson, CEO and Director<br \/>\nT: 604-899-9150<br \/>\nToll free: 1-855-599-9150<br \/>\nE: <a href=\"mailto:info@cruzbatterymetals.com\" target=\"_blank\" rel=\"noopener\">info@cruzbatterymetals.com<\/a><br \/>\nW: <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/ej277IMNvb\" target=\"_blank\" rel=\"noopener\">www.cruzbatterymetals.com<\/a><br \/>\nTwitter: @CruzBattMetals<\/p>\n<\/div>\n<p style=\"text-align: justify;\"><i>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.<\/i><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/images.newsfilecorp.com\/files\/4754\/288914_da22c73ec4ffa835_logo.jpg\" alt=\"Corporate Logo\" \/><\/p>\n<p style=\"text-align: justify;\">To view the source version of this press release, please visit <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/87r22SOojD\">https:\/\/www.newsfilecorp.com\/release\/288914<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vancouver, British Columbia&#8211;(Newsfile Corp. &#8211; March 18, 2026) &#8211; Cruz Battery Metals Corp. (CSE: CRUZ) (OTCID: BKTPF) (FSE: A40YSN) (&#8220;Cruz&#8221; or the &#8220;Company&#8221;) 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 [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":106422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54732],"tags":[],"class_list":["post-64620","post","type-post","status-publish","format-standard","has-post-thumbnail","category-press-releases"],"_links":{"self":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/64620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/comments?post=64620"}],"version-history":[{"count":0,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/64620\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media\/106422"}],"wp:attachment":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media?parent=64620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/categories?post=64620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/tags?post=64620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}