Battery Mineral Resources Corp. is very pleased to announce that it has completed agreements with the Comunidad Agricola Potrerillos Alto and the Comunidad Agricola Punitaqui . The Potrerillos Community is nearest in proximity to BMR's Cinabrio mine assets and the agreement will allow for surface exploration consisting of a ground magnetic survey, geological mapping, and sampling to identify potential new targets on [...]
Battery Mineral Resources Corp. is pleased to announce that it has closed an equipment refinancing transaction through its 100%-owned subsidiary, Ozzie's, Inc., which operates in the equipment rental and sales sector, servicing pipeline and renewable energy companies . The Transaction raised proceeds of US$2.0 million via a re-financing of 11 pieces of equipment owned by Ozzie's and is structured as a lease with a [...]
Battery Mineral Resources Corp. is pleased to provide a summary of the highlights of its accomplishments in 2022. BMR had a transformational year in 2022 with the highlighted accomplishments below: Funded and completed a very successful Punitaqui resource drill program, Significantly strengthened its management and board, Greatly advanced its permitting, having secured important milestones in the process Strong focus of [...]
Battery Mineral Resources Corp. announces that it has changed its auditors from PricewaterhouseCoopers LLP, Chartered Professional Accountants to Grant Thornton LLP, Chartered Professional Accountants . At the request of the Company, the Former Auditor resigned as the auditor of the Company and the Board of Directors of the Company appointed the Successor Auditor as the Company's auditor in each case effective as of [...]
Battery Mineral Resources Corp. is pleased to announce that it has closed a sale transaction on an industrial real estate property located at 7506 43rd Street Leduc, Alberta , previously held by BMR's 100%-owned ESI Energy Services, Inc., which operates in the equipment rental and sales sector, servicing pipeline and renewable energy companies . The Transaction raised net proceeds of approximately C$2.0 million, after [...]
Battery Mineral Resources Corp. announces that it has entered into a loan agreement dated October 20, 2022 to borrow up to USD$4,000,000 from Weston Energy LLC. The Loan proceeds will be received by BMR in one or more advances . The Loan will mature on the date that is 120 days after the Closing Date . Battery's CEO and Director, Martin Kostuik states, "As we work diligently to finalize our longer-term funding agreement [...]
Battery Mineral Resources Corp. is very pleased to announce that it has filed a technical report for its NI 43-101 resource estimate at Punitaqui on SEDAR. This report is authored by JDS Mining and Energy Inc. . The technical report includes sections pertaining to the project history, geology, exploration, drilling, adjacent properties, sampling, QA/QC, data validation, metallurgy, mineral resources, conclusions, and [...]
Battery Mineral Resources Corp. is very pleased to announce that it has received public approval by the Chilean Environment Assessment Service for the Environmental Impact Declaration pertaining to mining at its Cinabrio and San Andres deposits. The approval of the DIA allows BMR to be on schedule to move forward with starting mining operations in Q4 of this year and copper mineral processing activities at its Punitaqui [...]
Battery Mineral Resources Corp. is very pleased to announce the appointment of Julia B. Aspillaga Rodriguez to the board of directors of the company. Julia Aspillaga is a mining executive and partner of several mining exploration companies having worked in Chile and in several other Latin American countries since the 1980's. At present, Miss Aspillaga is Managing Partner of Andeak Global Management, a firm providing [...]
Battery Mineral Resources Corp. is excited to announce a robust NI 43-101 resource update for its Punitaqui copper mining complex in Region IV of Chile. This resource estimate, completed for Battery by independent consultants JDS Energy & Mining, is a major milestone for the company. The resource estimate is based on our Phase 1 drill program, initiated in August 2021 which totalled 32,526 meters of diamond core drilling [...]
Battery Mineral Resources Corp. is very pleased to announce the appointment of Derek White to the board of directors. Mr. White was previously an advisor to the company and is currently the President & CEO of Ascot Resources Ltd., a Canadian mineral development company publicly traded on the Toronto Stock Exchange focused on re-starting the processing plant at the historic Premier gold mine, a mine once named North [...]
Battery Mineral Resources Corp. is very pleased to provide a broad corporate update on its recent accomplishments in Chile as it moves its Punitaqui mine complex towards a production restart. The Punitaqui mine and mill have been on continuous care and maintenance since April 2020, when copper prices as low as $2.00 per pound forced the previous operators to cease operations. Drilling and Updated 43-101 Resource Estimates [...]