Cruz Battery Metals acquires Sterling South project

Executive Summary

• Cruz Battery Metals Corp. announced the acquisition of the Sterling South gold‑copper project in Ontario, adding ~2,500 acres (42 claim units) to its portfolio.
• The acquisition diversifies Cruz’s focus beyond lithium into precious metals, aligning with high copper and gold price environments.
• The property borders Sterling Metals Corp.’s recent high‑grade copper discovery at the nearby Soo project, though Cruz cannot verify those results.

Key Details

• Acquired Asset: Sterling South gold‑copper project (Ontario) – 42 claim units covering approximately 2,500 acres.
• Acquisition Method: Staking of claims; no cash consideration disclosed.
• Strategic Rationale: Diversification into gold and copper to provide shareholders exposure to precious metals alongside existing lithium projects.
• Nearby Discovery Reference: Sterling Metals reported intersecting 262.5 m @ 1.05 % CuEq (including 68.3 m @ 3.25 % CuEq and 9.3 m @ 19.8 % CuEq) at the adjacent Soo copper project.
• Management Commentary: President James Nelson highlighted market conditions—gold and copper near all‑time highs—and recent U.S. government involvement in lithium projects as drivers for the acquisition.
• Qualified Person Review: Technical content reviewed and approved by Frank Bain, P.Geo., director and NI 43‑101 qualified person.

Notable Quotes

“Management felt that diversifying into other areas outside of lithium made sense. Gold and copper prices… are trading near all‑time highs, thus providing Cruz shareholders exposure to the precious metals sectors as well as lithium.” – James Nelson, President, Cruz Battery Metals Corp.