Northwire Canada EditionThursday, July 23, 2026
Northwire
ALDE 2.80 −0.4% TECK 83.73 +3.8% FVI 11.82 −2.3% 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 1.50 +1.7% PHNM 0.340 +4.6% LIO 0.145 −9.4% RIO 2.67 −4.3% KG 0.160 +3.2% GEN 0.065 +0.0% ECU 1.67 +10.6% ALDE 2.80 −0.4% TECK 83.73 +3.8% FVI 11.82 −2.3% 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 1.50 +1.7% PHNM 0.340 +4.6% LIO 0.145 −9.4% RIO 2.67 −4.3% KG 0.160 +3.2% GEN 0.065 +0.0% ECU 1.67 +10.6%
Resource Estimate

Cruz Battery's Solar at 49.63Mt of 608 ppm Li indicated

CRUZ · Price

Executive Summary

  • Cruz Battery Metals Corp. announced its maiden mineral resource estimate (MRE) for the 100%-owned Solar lithium clay deposit in Big Smokey Valley, Nevada.
  • The estimate was prepared by Stantec in compliance with NI 43-101 standards, utilizing a 300 ppm Li cut-off for the primary figures and a 500 ppm Li cut-off for the base case.
  • The resource includes significant indicated and inferred tonnes of lithium carbonate equivalent (LCE), highlighting the scale of the deposit.

Key Details

  • Primary MRE (300 ppm Li cut-off):
    • Indicated: 50 million tonnes at 608 ppm Li, containing 161,000 tonnes of LCE.
    • Inferred: 183 million tonnes at 539 ppm Li, containing 525,000 tonnes of LCE.
  • Base-Case MRE (500 ppm Li cut-off):
    • Indicated: 35 million tonnes at 697 ppm Li, containing 128,000 tonnes of LCE.
    • Inferred: 103 million tonnes at 641 ppm Li, containing 352,000 tonnes of LCE.
  • Technical Reporting: Prepared by Joan Kester, PGeo, of Stantec Consulting Services Ltd., in conformity with CIM Best Practices guidelines and Canadian Securities Administrators' National Instrument 43-101.
  • Project Location: Solar lithium clay deposit in Big Smokey Valley, north of Tonopah, Nevada.
  • Ownership: 100% owned by Cruz Battery Metals Corp.

Notable Quotes

  • "We appreciate Stantec, a world leader in the industry, preparing our technical report and mineral resource estimate for the Solar lithium project in Nevada." — James Nelson, President of Cruz Battery Metals.
Read the original news release →

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