Highlights
• High-grade zone is confirmed 130 metres down dip of the previous massive sulphide intercept in OVD0251 at North Oval by:
OVD036 - 8.7m @ 2.44% Cu, 1.52% Ni, 1.4g/t E3, 0.06% Co from 112.8m including 2m @3.72% Cu, 3.82% Ni, 1.65g/t E3, 0.16% Co from 113.3m.
• Northwest extension of high-grade massive sulphide in OVD0212 and OVD0271 is confirmed at Oval by:
OVD040 - 6.9m @ 3.49% Cu, 3.61% Ni, 0.76g/t E3, 0.14% Co from 93.5m within relatively shallow and broader mineralised zone of
70.2m @ 0.65% Cu, 0.65% Ni, 0.18g/t E3, and 0.03% Co from 49.0m. For detail refer to Table 1.
• Mineralisation at OVD038 and OVD039 suggests semi-continuous mineralisation
over 800m, including North Oval and the Oval gabbroic intrusion.
• Trace PGE and sulphide mineralisation intersected at MS1 confirms fertility of the
magmatic system and exploration potential for new discovery zones.
Commenting on the results, Gan-Ochir Zunduisuren, Managing Director of Asian Battery Metals PLC, said: “These results continue to demonstrate the strength of the mineralised system at Yambat. High-grade zones at Oval and North Oval are now confirmed to extend both at depth and along strike.
Next Steps
• SAMSON ground EM survey is ongoing on Oval and regional exploration areas with interim results expected in mid-July.
• Initial metallurgical test work is expected to be completed in the first half of Q3 2025
• Ground based high resolution magnetic survey is ongoing at the MS2 – regional exploration area
• Interpretation and designing of next stage of drilling is underway
• Drilling to re-commence within 4-6 weeks
AZ9 remains fully funded for the 2025 exploration program to deliver its strategic goal of discovering the overall extent of mineralisation at the Oval Cu-Ni-PGE project.
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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.
