Cruz Battery Metals Acquires the 'Sterling South Gold/Copper Project' in Ontario

Executive Summary

• Cruz Battery Metals Corp. acquired the “Sterling South Gold/Copper Project” in Ontario, adding ~2,500 acres (42 claim units) to its portfolio.
• The acquisition borders Sterling Metals Corp.’s recent high‑grade copper discovery, providing exposure to gold and copper alongside existing lithium projects.
• Acquisition was completed via staking; management emphasizes diversification beyond lithium into precious metals.

Key Details

• Property Acquired: “Sterling South Gold/Copper Project” – 42 claim units covering approximately 2,500 acres in Ontario.
• Acquisition Method: Staking (no cash consideration disclosed).
• Proximity to Discovery: Borders Sterling Metals Corp.’s Soo Copper Project, which reported intersecting 262.5 m of 1.05% CuEq (including 68.3 m of 3.25% CuEq and 9.3 m of 19.8% CuEq).
• Strategic Rationale: Diversify beyond lithium into gold and copper; leverage high commodity prices and recent U.S. government interest in lithium projects.
• Management Comments: President/CEO James Nelson highlighted the strategic fit, noting strong gold/copper price environment and potential synergies with existing battery‑metal assets.
• Qualified Person Review: Technical content approved by Frank Bain, P.Geo., Director and Qualified Person under NI 43‑101.

Notable Quotes

“Management felt that diversifying into other areas outside of lithium made sense. Gold and copper prices … are trading near all‑time highs… Not only are we now diversifying into this exciting region of Ontario…” – James Nelson, President & CEO.