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ALDE 2.81 +0.0% TECK 83.69 +3.8% FVI 11.81 −2.4% SUM 1.32 −0.8% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0% CCM 0.540 +3.9% SGN 0.255 +0.0% CNC 1.49 +1.4% PHNM 0.340 +4.6% LIO 0.145 −9.4% RIO 2.67 −4.5% KG 0.160 +3.2% GEN 0.065 +0.0% ECU 1.67 +10.6% ALDE 2.81 +0.0% TECK 83.69 +3.8% FVI 11.81 −2.4% SUM 1.32 −0.8% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0% CCM 0.540 +3.9% SGN 0.255 +0.0% CNC 1.49 +1.4% PHNM 0.340 +4.6% LIO 0.145 −9.4% RIO 2.67 −4.5% KG 0.160 +3.2% GEN 0.065 +0.0% ECU 1.67 +10.6%
Resource Estimate

RETRANSMISSION: Cruz Battery Metals Engages Stantec for Maiden Resource Estimate and Technical Report on the Solar Lithium Project in Nevada, Directly Bordering American Lithium

By The Northwire Desk — AI Analysis Jan 12, 2026 · 03:02 CRUZ · 0.035 Cruz Battery Metals Corp.
CRUZ · Price

Executive Summary

  • Cruz Battery Metals engaged Stantec Consulting to prepare a Maiden Resource Estimate (MRE) and NI 43‑101 Technical Report for its 100% owned Solar Lithium Project in Clayton Valley, Nevada.
  • The engagement follows four phases of drilling that identified lithium mineralization in all 14 drill holes across the 4,938‑acre project.
  • Management highlights strong lithium price environment and renewed investor interest as a catalyst for advancing the resource work.

Key Details

  • Engagement: Stantec Consulting Ltd., with qualified person Derek Loveday (PGeo), will complete the MRE and Technical Report in accordance with NI 43‑101 requirements.
  • Project Scope: Solar Lithium Project, 4,938 acres, wholly owned by Cruz Battery Metals, located in Clayton Valley, Nevada.
  • Drilling History: Four drilling phases announced on Jan 17 2022; May 18 2022; Mar 31 2023; Jul 13 2023—total of 14 drill holes all intersecting lithium mineralization.
  • Neighboring Resources: Reference to American Lithium Corp.’s TLC project (6.17 Mt LCE measured, 2.39 Mt indicated, 1.44 Mt inferred) provided for context; Cruz cannot verify these figures beyond public sources.
  • Market Context: Lithium prices up >100% since June 2025; U.S. government interest in domestic lithium (e.g., stake in Lithium Americas’ Thacker Pass project).
  • Management Quote: President James Nelson notes the timing is favorable for a maiden resource estimate and expresses optimism for growth through 2026 and beyond.
  • Qualified Person Review: Technical content reviewed and approved by Frank Bain, PGeo, director of Cruz Battery Metals and NI 43‑101 qualified person.

Notable Quotes

“Lithium prices are currently at 2‑year highs and are now up over 100% since June 2025… With the recent resurgence of investor attention back into the lithium sector, management feels this is an opportune time to proceed with producing a Maiden Resource Estimate on the Solar Lithium Project.” – James Nelson, President & CEO

All boilerplate and disclaimer text omitted for brevity.

Read the original news release →

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