Proactive - Interviews for investors

Just the Facts: Asian Battery Metals gears up for phase 3 exploration

Episode Summary

Asian Battery Metals PLC has identified priority drilling areas at the Oval Copper-Nickel Project in southwest Mongolia ahead of its Phase 3 exploration program, scheduled to begin next month. The program will include up to 1,500 metres of diamond drilling, downhole electromagnetic (DHEM) surveys and regional geophysical surveys. Drilling will focus on untested or modified DHEM conductive plates identified from the Phase 2 exploration work. Additionally, the company will investigate a high gravity inversion anomaly and conduct targeted exploration in six step-out drilling areas within the detailed exploration zone. According to the company, the 2025 Phase 3 program aims to further assess the extent of magmatic copper and nickel sulphide mineralisation within the tenement. The key objectives are to refine the understanding of the high-grade zone in the Oval gabbroic body, test deeper extensions of the intrusion based on geophysical data, and conduct scout drilling on additional anomalies. #AsianBatteryMetals #MiningExploration #Copper #Nickel #Mongolia #Drilling #Geophysics #MineralExploration #DiamondDrilling #Phase3Exploration #BatteryMetals #ResourceDevelopment #MiningNews #Geology #ElectromagneticSurveys #GravityAnomalies #GabbroicIntrusion #SoilSampling #MagmaticMineralisation #MiningIndustry