Battery X Metals Announces Exploration Results
Battery X Metals Announces Exploration Results
VANCOUVER, British Columbia – January 6, 2025 – Battery X Metals Inc. (CSE:BATX) (OTCQB:BATXD)
(FSE:R0W, WKN:A3EMJB ) (“Battery X Metals ” or the “ Company”) announces the results of its 2024
exploration program conducted on the Belanger Project, located in Ontario’s Birch-Uchi Greenstone Belt
near Red Lake. The program, designed to evaluate the property’s gold and base metal potential, included
prospecting, rock sampling, and lake sediment sampling.
The Belanger Project, located in Ontario’s Birch-Uchi Greenstone Belt near Red Lake, spans 109
unpatented mining claims across Belanger, Bowerman, Knott, and Mitchell townships. The Company has
the option to acquire a 100% interest in the Belanger Project pursuant to the terms of an Option
Agreement dated November 30, 2023, as amended, subject to a 3% net smelter returns royalty. To
exercise the option and acquire the Belanger Project, the Company is required to pay three remaining
cash payments of $5,500 each on or before February 28, 2025, April 30, 2025 and June 30, 2025 (for an
aggregate total of $16,500).
The Belanger Project features prospective geology, including metavolcanics, felsic intrusions, and shear
zones, with historical mineralization confirmed at multiple zones. The Belanger Project is accessible year-
round via logging roads, with nearby infrastructure supporting exploration and potential future
development.
Belanger Property Location
Summary of Exploration Results:
Williamson Zone:
Gold (Au): 11.8 g/t
Copper (Cu): 4.59%
Silver (Ag): 59.7 ppm
Additional elements include Bismuth (696 ppm), Tellurium (13 ppm), and Tungsten (988 ppm)
New Gold Discovery (700m Northeast of Williamson Zone):
Gold (Au): 1.74 g/t from rusty mafic volcanics with quartz veinlets
South Bay Road (Km 63):
Gold (Au): 1.52 g/t
Copper (Cu): 0.7%
Zinc (Zn): 0.7% from sheared intermediate intrusive rocks
Joey Prospect Area:
A newly identified occurrence returned:
Gold (Au): 135 ppb
Copper (Cu): 0.15%
Zinc (Zn): 484 ppm
Hemming Zone:
Quartz veins in historical trenches returned:
Gold (Au): 1.52 g/t
Silver (Ag): 13.9 ppm
Lead (Pb): 781 ppm
Discussion of Findings : The exploration program confirmed historical mineralization while identifying
several new zones of gold and base metal potential. These results align with the geological characteristics
of the Birch-Uchi Greenstone Belt, known for hosting mineral deposits.
Foundations for Clean Energy and Strategic Metals
Battery X Metals is dedicated to advancing the global clean energy transition by developing technologies
that diagnose and extend the lifespan of electric vehicle (EV) batteries, recover battery-grade materials
from end-of-life lithium-ion batteries, and acquire and explore battery and critical metal assets. As
demand for these metals intensifies, the Company is committed to implementing sustainable practices
that minimize environmental impact. Through a comprehensive approach encompassing lithium-ion
battery recycling, lifespan extension, and battery and critical mineral exploration, Battery X Metals aims
to set new industry standards, contributing to a cleaner, greener future.
Qualified Person and Disclosure Statement
Jason Arnold, P.Geo., President of DCX Geological Consulting and an independent Qualified Person as such
term is defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed
and approved the geological information reported in this news release. The information provides an
indication of the exploration potential of the Belanger Project but may not be representative of expected
results. The Qualified Person has verified the data disclosed in this release, including sampling procedures,
assay results, and interpretation of results.
About Battery X Metals Inc.
Battery X Metals Inc. (CSE:BATX) (OTCQB:BATXD) (FSE:R0W, WKN:A3EMJB) is committed to advancing
North America's clean energy transition through the development of proprietary technologies and
domestic battery and critical metal resource exploration. The Company focuses on extending the lifespan
of electric vehicle (EV) batteries, through its portfolio company, LIBRT 1, recovering battery grade metals
from end-of-life lithium-ion batteries, and the acquisition and exploration of battery and critical metals
resources. For more information, visit batteryxmetals.com.
1 49% owned Portfolio Company, Lithium-ion Battery Renewable Technologies Inc. (LIBRT)
On Behalf of the Board of Directors
Massimo Bellini Bressi, Director
For further information, please contact:
Massimo Bellini Bressi
Chief Executive Officer
Email: [email protected]
Tel: (604) 741-0444
Disclaimer for Forward-Looking Information
This news release contains forward-looking statements within the meaning of applicable securities laws,
including, but not limited to, statements regarding the Company's plans and expectations related to the
Belanger Project and further exploration and development of the Belanger Project. Forward-looking
statements are subject to risks, uncertainties, and other factors that could cause actual results to differ
materially from those expressed or implied. Such risks and uncertainties include, but are not limited to:
unfavorable exploration results; challenges in obtaining regulatory approvals; technical challenges in
exploration or development; market volatility; changes in commodity prices; and the inherent risks
associated with early-stage mineral exploration and development. Additional risks and uncertainties
include the Company's ability to fund ongoing exploration activities, potential changes in regulatory
frameworks, operational delays, and environmental or permitting challenges. Investors are cautioned not
to place undue reliance on forward-looking statements, which speak only as of the date of this news
release. Battery X Metals disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events, or otherwise, except as required by law.
Further details on the risks associated with the Company’s activities can be found in Battery X Metals'
filings available on SEDAR+.