Image of the lithium element.
Source: Adobe Stock Images
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Battery Age Minerals Ltd (ASX: BM8) is hoping to build on the exploration it conducted last year at Canadian lithium play, Falcon Lake – which verified the presence of high grade spodumene at the site – with a new round of field work for the summer season.

In 2023, the company identified more than 30 outcropping pegmatites at Falcon Lake, as well as a 5 kilometre long corridor prospective for spodumene.

The focus now will be on both generation and ranking of new targets to guide further drilling at the play, which is located in the province of Ontario, 325 kilometres from Thunder Bay.

Part of this will mean deeper investigation of major regional structures, concentrating on areas of elevated topographic relief, as well as rock chip sampling outcrops and identification of LCT pegmatite intrusions.

In addition to this, LIDAR (light detection and ranging) and Ortho Imagery and Litho-geochemical bedrock sampling will also be carried out to further Battery Age’s understanding of the project’s territorial geology.

CEO Nigel Broomham said last year’s exploration work had bolstered hopes of securing greater knowledge at the project.

“We are very excited to get the Battery Age team of experienced lithium geologists back on
the ground at our flagship Falcon Lake Lithium Project in Ontario, as we look to build on the
great results delivered from last year’s field campaign,” he said.

“We are determined to explore the potential of these properties to generate further high-priority drill targets and unlock the value of the project.”

Battery Age Minerals has been trading at 9.4c.

bm8 by the numbers
More From The Market Online
Flexiroam concept traveller using global eSIM network

This ASX comms stock is up +160% over the last year, and just turned profitable. Here’s how FlexiRoam disrupts the market

If you’ve gone travelling overseas in the last few years, you may have heard of eSIMs – in essence, a digital SIM card

Elixir Energy hits milestone at Lorelle-3H well with commencement of post-soak flow testing

Elixir Energy is set to hit a key milestone with a new phase of testing of…
Brent falling concept

Energy sector worst off on Thursday as Brent Crude falls below US$100/bbl

While all 11 sectors on the ASX are red for this surprisingly bloody Thursday, the recently-very-volatile energy sector is actually the worst off,
HotCopper Daily Market Trends Graphic

Thursday’s HotCopper trends: Meteoric Resources, Marmota, Manuka Resources and other daily topics

With more than 600k average monthly users on the HotCopper forums, each and every discussion can…