The Market Online - At The Bell

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

  • Battery Age Minerals (BM8) kicks off maiden drilling at its Falcon Lake Lithium project in Canada
  • The company executed an early exploration agreement (EEA) with Whitesand First Nation, granting BM8 the green light to start drilling
  • It follows an extended period of positive consultation and discussions with the First Nations Group
  • BM8 CEO Gerard O’Donovan says the company will work closely with the local people through all stages of its project
  • BM8 shares are up 4.44 per cent and trading at 47 cents at 1:46 pm AEST

Battery Age Minerals (BM8) has executed an early exploration agreement (EEA) with Whitesand First Nation, enabling it to begin maiden drilling at its Falcon Lake lithium project in Ontario, Canada.

The agreement follows an extended period of positive consultation and discussions with the First Nations Group.

BM8 CEO Gerard O’Donovan said the company would work closely with the local people through all stages of its project.

“We appreciate the support of Chief Gustafson and the Whitesand Council and extended community,” he said.

“The company is extremely pleased that it took the time to cement a strong partnership with our First Nations partners, putting in place a strong and sustainable framework for advancing the project in close collaboration with Whitesand First Nation.”

“We now look forward to turning our full focus to drilling at Falcon Lake and rapidly unlocking the potential of this project for all of our key stakeholders,” Mr O’Donovan added.

Upon receiving the green light to move ahead, the company commenced drilling with all equipment already on site.

BM8 shares were up 4.44 per cent and trading at 47 cents at 1:46 pm AEST.

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…
The Market Online Video

The ASX Today: Quiet day down under as Brent Crude returns to US$85

Good Afternoon and welcome to HotCopper’s The ASX Today for Tuesday of Week 29, I’m Jon Davidson and we’re back to where we were in April
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