American Battery Metals Identifies Significant Anomalies from Geophysical Survey at Temple Mountain
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2019) - American Battery Metals Corp. (CSE: ABC) (OTCQB: FDVXF) (the "Company" of "American Battery Metals") is pleased to announce the results from a radon flux geophysical survey completed over its Temple Mountain vanadium project located in Emery County, Utah, USA. The survey was completed by GeoXplor Corp on the 24th of April with the interpretation results provided to the Company shortly thereafter.
The survey focused on the Calyx Bench mineralized region on the eastern flank of Temple Mountain. The Calyx Bench mineralized region contains most of the vanadium-uranium ore deposits in the Temple Mountain Mineral Belt, and extends over three kilometres in a north-northeast direction with the width of the belt averaging over one kilometre in an east-west direction. The majority of the vanadium-uranium mineralization occurs within the Moss Back sedimentary package with thicknesses that range from 60 feet to 130 feet and average 90 feet.
The radon survey consisted of 360 readings based on a grid of 12 lines on 200-metre intervals with readings every 50 metres for a total lineal distance of 1,000 metres within an area of two square kilometres.
The survey was successful in delineating the north-northeast trend, which is consistent by the presence of artisanal workings, and highlighting a number of priority drill targets for the upcoming program. Specifically, the survey delineated five areas of high anomalous radon gas occurrences which correlate with the regional geology and previous mine records.
A follow-up drill program consisting of ten holes to test the five anomalies outlined in the geophysical survey. The Company is currently in the process of finalizing the drill permits for the upcoming program.
Michael Mulberry, President & CEO of American Battery Metals, commented "We are extremely pleased with the results from the survey, which show a clear correlation with the artisanal workings and regional geological interpretations. We firmly believe we have discovered multiple layers of mineralization within the Temple Mountain property trend that continues to extend to the northeast and southwest beyond the survey area.
John Walther, P.Geo., who is a Director of the Company and is a Qualified Person within the context of National Instrument 43-101, has approved the contents of this news release.
Figure 1: Radon Flux Survey Results
To view an enhanced version of Figure 1, please visit:
Figure 2: Proposed Drill Hole Locations
To view an enhanced version of Figure 2, please visit:
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.
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