The Market Online - At The Bell

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

  • Battery Age Minerals (BM8) signs on Canada-based drilling contractor Rodren Drilling to complete a maiden program at its Falcon Lake project in Ontario
  • Rodren Drilling has more than 40 years of experience drilling across various commodities and industrial sectors
  • Drilling operations at Falcon Lake are expected to start in four to six weeks’ time
  • BM8 CEO Gerard O’Donovan says mobilisation activities are “well advanced” at the project ahead of the first drilling work
  • Shares in BM8 are trading at 46 cents at 10:42 am AEDT

Battery Age Minerals (BM8) has signed on Canada-based drilling contractor Rodren Drilling to complete a maiden program at its Falcon Lake project in Ontario

Based in Winnipeg, Manitoba, Rodren Drilling has more than 40 years of experience drilling across various commodities and industrial sectors.

Battery Age said Rodren Drilling was well known for its ability to understand the needs of its clients.

“Rodren are extremely experienced drillers who will bring a wealth of knowledge to the table with respect to Canadian drilling operations. We look forward to working with them into the future,” BM8 CEO Gerard O’Donovan said.

The company said final planning and mobilisation activities were underway, with drilling expected to commence in four to six weeks’ time.

“This is an exciting time for Battery Age, with mobilisation activities well advanced for the start of drilling in the coming weeks,” Mr O’Donovan said.

The Falcon Lake lithium project lies in the ties-one Thunder Bay mining jurisdiction in north-western Ontario. With 214 mining claims over an area of 42.8 square kilometres, Falcon Lake resides within a “highly fertile” region for spodumene-bearing pegmatites, according to BM8.

Historic intercepts include 24.4 metres at 1.43 per cent lithium oxide from 10.9 metres, including nine metres at 1.95 per cent lithium oxide.

Shares in BM8 were trading at 46 cents at 10:42 am AEDT.

bm8 by the numbers
More From The Market Online

LinQ Minerals hits high-grade copper equivalent intersections at Monza

LinQ Minerals has obtained initial high-grade assays from its current drill program at the Monza gold-copper…
HotCopper Daily Market Trends Graphic

Tuesday’s HotCopper trends: Mesoblast, AuKing Mining, Tusker Minerals, and other daily topics

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

LISTEN: HotCopper’s Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity

HotCopper editor Isaac McIntyre takes you through all the biggest sub-$1 movers on the ASX markets and across the HotCopper forums ⁠you should
The Market Online Video

Oil prices on the rise: Top 3 ASX stocks for traders to watch

Rising tensions in the Middle East have once again put the oil market in focus, creating a potential opportunity for traders looking to