March 19, 2019 – American Battery Metals Corp. (the “Company” of “American Battery Metals“) is pleased to announce the appointment of Matthew J. Rhoades, CPG, RG, as the Qualified Person (“QP”) within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) and to provide an update from a recent management site visit.
Matthew J. Rhoades, CPG, RG, is an accomplished professional geologist with direct working experience with exploration and development projects at numerous deposits and mines throughout the American West, Canada, Mexico and South America. Mr. Rhoades has been involved with many exploration, development and feasibility programs. Specifically to vanadium, he has been involved in the Wray Mesa Vanadium Project in Colorado and the Gibellini Vanadium project in Nevada.
Exploration Program Update
During the week of March 11th through 15th, Management met with a number of the regulatory bodies in Utah including the Bureau of Land Management (“BLM”) and the Department of Oil, Gas and Minerals. The meetings were held in relation to permitting the Company’s upcoming drilling program at the Temple Mountain Vanadium property, which is to consist of two phases: an initial 10-hole reverse circulation drill program totaling 3,000 feet which will focus on testing known zones of mineralization and a second phase program to follow-up on targets identified through the upcoming geophysical surveying and regional exploration.
The Phase I drill program will commence once all the permits have been received and O’Keefe drilling has been contracted to complete the program. The radon pot electret geophysical survey is anticipated to commence within 14 days. The regional exploration team, which will be conducting mapping and sampling is being mobilized with the program expected to commence in one week.
Matthew J. Rhoades, CPG, RG, who is a consultant to the Company and a qualified person within the meaning of NI 43-101, has approved the contents of this news release.
Michael Mulberry, President & CEO of American Battery Metals, commented “We are excited to get our spring 2019 exploration program underway. We have had some very productive and constructive meetings with the various government agencies and look forward to working closely with them as we finalize our upcoming drill program and future developments. We believe the combination of drilling historical showings plus geophysics should allow us to expediently and efficiently delineate the vanadium-rich mineralization at Temple Mountain.”
About the Company
American Battery Metals Corp. is a junior mineral exploration company engaged in the business of acquiring, exploring and evaluating natural resource properties. The Company has an option to acquire a 50% interest in the Fish Lake property located in Esmeralda County in the state of Nevada, USA and an option to acquire a 100% interest in the Temple Mountain Vanadium Property located in Emery County, Utah, USA.
Chief Executive Officer, President and Director
Telephone: (778) 855-5001
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This news release may contain forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur and in this news release include but are not limited to the attributes of, timing for and expected benefits to be derived from the drilling program to be carried out on the Temple Mountain Vanadium property. Information inferred from the interpretation of drilling and other sampling results may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company’s properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from the Company’s operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.