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Resource Estimate

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 09, 2026 · 03:03 CRUZ · 0.035 Cruz Battery Metals Corp.
CRUZ · Price

Executive Summary

  • Cruz Battery Metals has engaged Stantec Consulting Ltd. to prepare a maiden resource estimate (MRE) and NI 43‑101 Technical Report for its Solar Lithium Project in Clayton Valley, Nevada.
  • The engagement follows four drilling phases that intersected lithium across all 14 drill holes on the 4,938‑acre project.
  • Management highlights strong lithium price environment and renewed U.S. interest in domestic lithium production, positioning the MRE as a timely step toward advancing the project.

Key Details

  • Consultant: Stantec Consulting Ltd.; qualified person Derek Loveday, P.Geo., with prior experience on nearby lithium projects (Silver Peak, Rhyolite Ridge, TLC).
  • Scope of Work: Completion of a Maiden Resource Estimate and NI 43‑101 Technical Report for the Solar Lithium Project.
  • Project Overview: 4,938‑acre, 100% owned Solar Lithium Project in Clayton Valley, Nevada; adjacent to American Lithium’s TLC project.
  • Drilling History: Four drilling phases announced on Jan 17 2022, May 18 2022, Mar 31 2023, and Jul 13 2023 resulted in lithium intersections in all 14 holes.
  • Comparative Data (External): American Lithium’s TLC project reports 6.17 Mt LCE measured, 2.39 Mt LCE indicated, and 1.44 Mt LCE inferred resources (Feb 2025 update). Cruz cannot verify these figures beyond public sources.
  • Market Context: Lithium prices up >100% since June 2025; U.S. government interest highlighted by former President Trump’s stake in Lithium Americas’ Thacker Pass project (Reuters, Oct 1 2025).
  • Management Quote (James Nelson, President/CEO): Emphasizes favorable lithium price environment and strategic timing for the MRE, expressing optimism for growth through 2026 and beyond.
  • Qualified Person Review: Technical contents reviewed and approved by Frank Bain, P.Geo., director of Cruz Battery Metals and NI 43‑101 qualified person (no independent verification of external data).

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, forward‑looking disclaimer text and contact information have been omitted for clarity.

Read the original news release →

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

Resource Estimate