Battery X completes prospectivity modelling in Nevada

Executive Summary

• Battery X Metals Inc. has completed the preliminary AI-powered prospectivity modelling for its strategic joint venture with TerraDX Discoveries Inc. and MineMind Metals Inc. in Nevada, USA.
• The initial analysis identified multiple prospective zones highlighting geological patterns consistent with known lithium mineralization, validating the AI model's ability to recognize meaningful geological correlations.
• The project is advancing into a second phase of secondary modelling to refine these targets, which will guide the assessment of potential claim or project acquisition opportunities in Nevada.

Key Details

• Joint Venture Framework: The initiative builds on a binding memorandum of understanding between Battery X Metals (via subsidiary Battery X Discoveries Inc.), TerraDX Discoveries Inc., and MineMind Metals Inc. for collaborative exploration of critical battery metals (lithium, cobalt, graphite) in Nevada.
• Data Sources: The preliminary modelling utilized approximately 60 curated data sets, including:
  • Public sources: U.S. Geological Survey (USGS) and Nevada Bureau of Mines and Geology (mineral occurrence/deposit databases, geochemical compilations, geophysical survey data, geologic mapping).
  • Internally generated data sets.
• Modelling Methodology: TerraDX’s proprietary AI models processed the data to generate preliminary probability models, correlating inputs with regions of known lithium mineralization to identify areas with comparable data patterns.
• Strategic Context: Nevada holds an estimated 85% of the nation's known lithium deposits. It was the sole domestic producer of lithium in 2023 (Silver Peak facility) and is home to the Thacker Pass project, recognized as the world's largest measured lithium reserve/resource.
• Company Strategy: This exploration pillar is part of Battery X Metals' "360-degree strategy," which also includes:
  • Development of proprietary recovery technologies for end-of-life batteries (in collaboration with a top-20 global university).
  • Extension of EV battery lifespan via subsidiary Battery X Rebalancing Technologies Inc. (patent-pending software and hardware).
• Next Steps: The company will proceed to secondary modelling, including additional training runs to sharpen predictive accuracy and exclusion mapping to filter out unviable zones (e.g., population centers, national parks, restricted lands).
• Future Updates: The company intends to provide a further update upon completion of the secondary modelling phase.

Notable Quotes

• "The identification of regions with geochemical similarities to known lithium mineralization regions is a strong validation of our AI-powered exploration approach. These early results strengthen our confidence as we move into the next phase of modelling and exclusion mapping, where we expect to refine these zones into high-confidence targets for field validation." — Massimo Bellini Bressi, Chief Executive Officer