El Aguila Project Sees High-Grade Targets Refined Ahead of Q3 2025 Drilling

Comprehensive Surface Programs Underway

Battery Minerals Ltd (ASX: BM8) has initiated an extensive suite of geophysical and geochemical surface surveys at its El Aguila Gold-Silver Project, located in Argentina's Santa Cruz Province. The programs include detailed ground magnetic, gradient, and Induced Polarization (IP) surveys, alongside systematic soil sampling designed to generate a high-resolution dataset. These efforts aim to refine and prioritise drill targets ahead of the company's maiden drilling campaign.

The deployment of these integrated surveys marks a significant operational milestone, reflecting Battery Minerals' commitment to a methodical and data-driven exploration approach. By combining multiple geophysical techniques with surface geochemistry, the company seeks to delineate subsurface structures and mineralisation zones with greater precision.

Environmental and Regulatory Progress

Parallel to the geophysical work, Battery Minerals has completed the necessary biological and archaeological surveys as part of its Environmental Impact Assessment (EIA). The company plans to submit the EIA application in the second quarter of 2025, a critical step toward securing regulatory approvals for drilling activities.

CEO Nigel Broomham emphasised the importance of this progress, noting that the team is on track to lodge the EIA application by quarter-end. This regulatory milestone, combined with strong local and government support, positions Battery Minerals well to commence its maiden drilling campaign in the third quarter of 2025, subject to permit approvals.

Historical Data Supports High-Grade Potential

The El Aguila Project benefits from a robust technical foundation, with historical drilling returning impressive high-grade gold and silver intercepts. Highlights include assays such as 0.55 meters at 40.55 g/t gold and 107 g/t silver, 7 meters at 2.48 g/t gold including 1.7 meters at 9.02 g/t gold, and 3 meters at 5.97 g/t gold. Surface sampling has also yielded exceptional results, with gold grades up to 174.58 g/t and silver up to 4,739 g/t.

These results underscore the substantial exploration upside across the project's 9,124-hectare landholding. Notably, many high-priority targets remain untested at shallow depths, offering significant potential for new discoveries and resource expansion.

Strategic Outlook and Market Implications

Battery Minerals' systematic exploration strategy at El Aguila reflects a broader trend among junior miners focusing on high-grade, technically driven projects in underexplored jurisdictions. The integration of advanced geophysical techniques with rigorous environmental planning demonstrates a balanced approach to unlocking value while managing regulatory and social license risks.

As the company advances toward drilling, market participants will be watching closely for assay results that could materially impact Battery Minerals' valuation and project economics. The combination of strong historical data and modern exploration methods positions El Aguila as a compelling asset in the gold and silver sector.