Northwire Canada EditionTuesday, November 10, 2026
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
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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