Highlights
• A new ultramafic - gabbroic intrusion with weak sulphide mineralisation was intersected at MS1, located 6km southeast of the main Oval Cu-Ni discovery.
• A conductive plate identified via downhole EM supports the possibility of lateral and deeper mineralised zones. A SAMSON EM survey will be designed and completed at the MS1 target to further delineate potential conductor(s).
• MS2 drilling intersects gabbroic rock, visually similar to un-mineralised zones at Oval, suggesting a potential structural linkage and potential for mineralisation in this area.
• The ground-based deep penetrating SAMSON EM survey has commenced on the Oval Cu-Ni prospect and will be expanded to the MS1 area.
Commenting on the exploration results, Gan-Ochir Zunduisuren, Managing Director of Asian Battery Metals PLC, said: “These early scout holes at MS1 and MS2 show we are onto a broader mineralised system. The discovery of new mafic-ultramafic intrusions at MS1 and MS2 — with mineralisation and EM conductors at MS1 — supports the view that Yambat is a district-scale system. These new targets could represent a parallel mineralised trend to Oval, offering multiple potential pipelines for discovery. We will continue EM surveys and planning of follow-up drilling to most efficiently unlock the potential of these regional targets.”
Next Steps
• Remaining assay results from Phase 3 drilling are expected later this month
• Ongoing SAMSON EM surveys at Oval and MS1
• First metallurgical test results from Oval anticipated in July/August • Magnetic surveys are planned at MS2 to refine deeper targets
Regional Exploration Update
In 2025, four scout holes (SC06, SC07, CRS02 and CRS03) have been drilled as part of the Company’s broader regional program. Initial results indicate the identification of ultramaficmafic intrusions in the MS1 and MS2 areas, up to 6.0km from the Oval Cu-Ni discovery.
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About Asian Battery Metals PLC
Asian Battery Metals PLC is a mineral exploration and development company focused on advancing the 100% owned Yambat (Oval Cu-Ni-PGE, Copper Ridge Cu-Au), Khukh Tag Graphite and Tsagaan Ders Lithium projects in Mongolia.
For more information and to register for investor updates, please visit
www.asianbatterymetals.com.