Next phase of drilling to test surface EM conductive plates
Highlights
• 29 conductive plates modelled across four target zones from Fixed-Loop Electromagnetic survey at the halfway point of the SAMSON EM program
• Follow-up drilling and downhole EM surveys to recommence within two weeks
• SAMSON EM program reaches 50% completion mark – focus of next phase is deeper zones and step out targets, including MS1, MS2 and Quartz Hill, with data acquisition ongoing
• Six Priority-1 plates identified with strong geophysical responses in favourable geological settings
Asian Battery Metals PLC (ABM or the Company, ASX: AZ9) is pleased to provide an update on the ongoing ground-based fixed loop electromagnetic survey (SAMSON EM) at its Oval Cu-Ni discovery in southern Mongolia.
The results to date confirm multiple high-confidence conductive plates that align with known structural targets, magnetic highs and geology. These electromagnetic (EM) responses significantly enhance targeting confidence ahead of the next phase of drilling, which is on track to commence in August
Managing Director Gan-Ochir Zunduisuren commented: “The EM survey has delivered what we hoped for – multiple shallow, coherent conductors that coincide with our existing geological and geophysical datasets. These represent some of our most compelling targets to date, and we’re excited to test them with drilling over the coming weeks. The SAMSON EM program has been expanded and will now focus on deeper zones and nearby structures similar to the Oval Cu-Ni discovery.”
Next Steps
• Recommencement of drilling program and DHEM in August
• Further FLEM (fixed loop EM) and MLEM (moving loop EM) surveys with different configurations until mid-August
• Processing and interpretation of remaining FLEM and detailed ground magnetics
• First metallurgical test results from Oval anticipated in August
To read the announcement, please click here
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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.
