Battery Mineral Resources Corp. is pleased to announce the closing of a private placement of unsecured convertible debentures for total gross proceeds of US$200,000 . The proceeds from the Debentures will be applied towards the operations at the Company's Punitaqui copper project in Chile. Debenture Offering The Debentures will mature on September 30, 2026 and will bear interest at 10% per annum, compounding annually on [...]
Battery Mineral Resources Corp. is pleased to announce that, on September 25, 2024, the Company was advanced a loan in the amount of US$567,000.00 by Lazaros Nikeas , a director of the Company; and on October 9, 2024, Minera BMR Spa , was advanced a loan in the amount of US$2,500,000.00 by Weston Energy III, LLC , an investment entity controlled by Yorktown Partners LLC . Max Satel, Battery's CFO stated, "These additional [...]
Battery Mineral Resources Corp. is pleased to announce encouraging drill core assay results from the new 2024 underground exploration and in-fill drill program in the Cinabrio mine at the Punitaqui mine complex in Chile. Highlights Assay results from drillholes have returned with encouraging results as follows: Drillhole CM-24-04: 6.9 meters at 0.65% total copper and 2.1g/t grams per tonne silver. Drillhole CM-24-06: 3.9m [...]
Battery Mineral Resources Corp. is pleased to announce encouraging drill core assay results from the new 2024 underground exploration and in-fill drill program at the Punitaqui mine complex in Chile. Highlights Assay results from drillholes have returned with encouraging results as follows: Drillhole CM-24-11: 18.3 meters grading 2.6 percent copper total and 11 grams per tonne silver including 14.9m at 3.1% CuT & 13g/t Ag [...]
Battery Mineral Resources Corp. is pleased to announce the third shipment of copper concentrates produced at its mineral processing facility at Punitaqui, Chile. The Company supplied 1,198 dry metric tonnes of copper concentrates in the month of August. 351 DMT were delivered to Anglo's Chagres smelter in Catemu, Chile and are related to the Offtake Agreement with Anglo American Sur S.A. , a division of Anglo-American [...]
Proceeds to Be Applied Towards the Operations at Punitaqui Project, Chile Battery Mineral Resources Corp. is pleased to announce that, on June 26, 2024, the Company was advanced a loan in the amount of US$750,000 by Weston Energy II LLC , a portfolio company operated by Yorktown Partners LLC and an existing shareholder of the Company. The Loan matures on September 24, 2024 and accrues interest at a rate per annum equal to [...]
Battery Mineral Resources Corp. is pleased to announce a second shipment of copper concentrates related to the Offtake Agreement with Anglo American Sur. S.A. a division of Anglo-American PLC. The Company has supplied 751.65 dry metric tonnes of copper concentrates to Anglo's Chagres smelter in Catemu, Chile. The copper concentrates were produced from copper smelting by-products supplied to BMR by Anglo. The copper [...]
Battery Mineral Resources Corp. is pleased to announce encouraging drill core assay results from the new 2024 underground exploration and in-fill drill program at the Punitaqui mine complex in Chile. The Company announced on May 13th, 2024, that it had resumed mill operations and production of copper concentrates at Punitaqui and subsequently announced it had made the first shipments of copper concentrates. Coincident [...]
Battery Mineral Resources Corp. is pleased to announce first shipments of copper concentrates related to the Offtake Agreement with Anglo American Sur. S.A. a division of Anglo-American PLC. The Company has supplied 503.74 dry metric tonnes of copper concentrates to Anglo's Chagres smelter in Catemu, Chile. The copper concentrates were produced from copper smelting by-products supplied to BMR by Anglo. The copper [...]
Battery Mineral Resources Corp. is pleased to announce encouraging drill core assay results from the new 2024 underground exploration and in-fill drill program at the Punitaqui mine complex in Chile. The Company announced on May 13th, 2024, that it had resumed mill operations and production of copper concentrates at Punitaqui. Coincident with these activities, exploration drilling has resumed with an underground drilling [...]
Battery Mineral Resources Corp. is pleased to announce that its wholly-owned subsidiary, ESI Energy Services Inc. , has completed its second and final drawdown of C$3,000,000 under a Credit Agreement with Fiera Enhanced Private Debt Fund . The terms of the Credit Agreement were disclosed in the Company press release dated, March 11th, 2024. Max Satel, Battery's CFO stated, "We are pleased to have closed the second and [...]
Battery Mineral Resources Corp. is pleased to announce the resumption of mill operations and first production of copper concentrates at its Punitaqui project in Chile. Martin Kostuik, Battery's CEO stated, "The commencement of copper concentrate production at Punitaqui marks a significant milestone for BMR and in establishing Chile's next copper mine. Having efficiently applied capital, it has paved the way for near term [...]
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