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African Battery Metals gets down to work on Lizetta II

Published: 18:28 16 Oct 2018 AEDT

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Battery metals have performed well in the market in recent years

African Battery Metals PLC (LON:ABM) has commenced geological work on its recently acquired 380-square-kilometre Lizetta II nickel, cobalt and chrome exploration project in Ivory Coast. 

ABM commissioned a site visit by a technical team, led by a highly qualified exploration geologist to prepare for a structured field exploration programme. Additional historic technical data was identified during the visit and will complement a consultancy report completed in 2017.

READ: Expansion into new metals, new countries helping African Battery Metals focus on its changed nomenclature

That 2017 study re-confirmed previous work that showed the occurrence of up to 0.25% cobalt, 0.87% nickel and over 1% chrome in surface anomalies

The major surface anomaly is open to the south-south-east and provides potential to expand the mineralised footprint.

A supplementary surface sampling programme is now planned to explore the extension of the mineralisation anomaly to the south-south-east, as well as to follow up on unexplored areas, with the aim of identifying areas potentially suitable for reverse circulation drilling identified from surface anomalies.

“Planning of field activities is progressing well, and we will brief the market as soon as these activities have commenced," said African Battery Metals chief executive Roger Murphy.

"The project was recently acquired as part of the Regent Resources Capital Corporation transaction, which saw ABM gain highly supportive and proven mining professionals, including Stephen Dattels and Ian Stalker, as shareholders."

 

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