BRIEF

on Fuse Battery Metals Inc. (isin : CA36116V1067)

Fuse Battery Metals Inc. Announces 2024 Exploration Update for Nevada Lithium Properties

Fuse Battery Metals Inc. has disclosed its exploration plan for the 2024 season, focusing on their Nevada lithium projects. Tim Fernback, the CEO, highlighted the completion of preliminary exploration at Monitor Valley Lithium Project and a site visit to Lithium Springs Project as the basis for their upcoming exploration activities. Expectations for 2024 include detailed geochemical and geophysical surveys followed by a drilling program aimed at uncovering lithium brine and clay deposits similar to those found in Clayton Valley, Nevada, and South America.

The Black Rock Desert, home to the Lithium Springs Property, is identified as a significant area due to its geothermal activity and lithium concentrations in surface salts and geothermal fluids. Past explorations revealed lithium concentrations significantly above background levels, indicating promising lithium brine and clay deposits. Fuse plans a phased exploration at Lithium Springs, starting with updated technical reports, enhanced soil sampling, and MT geophysical surveys to better identify drilling targets.

Monitor Valley Lithium Project's exploration will also see progression, with Fuse contracting Rangefront Geological for soil sampling and KLM Geoscience for a CSAMT geophysical survey to map subsurface resistivity. These efforts aim at pinpointing potential lithium accumulation zones for possible future drilling. As Fuse embarks on these ambitious projects, it aims to utilize its current capital to enhance shareholder value by exploring Nevada's lithium potential further.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Fuse Battery Metals Inc. news