Battery Age Achieves 100% Ownership of Falcon Extension with High-Grade Lithium Hits

Strategic Consolidation in Ontario’s Lithium Belt

Battery Age Minerals Ltd (ASX – BM8) has taken a decisive step in strengthening its foothold in one of Canada’s most promising lithium districts by exercising its option to acquire the remaining 20% interest in the Falcon Extension Properties. This move brings the company’s ownership to 100%, consolidating a contiguous 51 square kilometre land package within the Falcon Lake Lithium Project in Ontario.

The Falcon Extension properties strategically connect the Falcon Main and Falcon North areas, creating a unified project area that enhances operational flexibility and exploration potential. Since initially securing the ground in 2023, Battery Age has undertaken extensive fieldwork and multiple drilling campaigns, confirming the region’s rich mineral endowment.

Robust Drilling Results Highlight Lithium Potential

Recent drilling at Falcon Little Lake, part of the consolidated package, has delivered some of Battery Age’s best results to date. Notably, intercepts of 54.1 metres at 1.74% lithium oxide and 55.95 metres at 1.47% lithium oxide underscore the project’s potential to host significant lithium resources. These thick, spodumene-bearing pegmatite zones remain open along strike and at depth, suggesting considerable upside for resource expansion.

Beyond Lithium – A Multi-Element Critical Minerals Opportunity

Battery Age’s assay results reveal that the Falcon Lake Project is not just a lithium play. The spodumene pegmatites also contain elevated concentrations of other critical minerals such as rubidium, caesium, tantalum, and gallium. These elements are increasingly important in advanced technologies and battery applications, positioning Falcon Lake as a potentially strategic multi-commodity asset within Canada’s evolving critical minerals landscape.

With only 5 of the 30 identified high-priority targets drilled so far, the project holds substantial unexplored potential. This leaves room for further discoveries that could enhance the project’s scale and value.

Favourable Acquisition Terms and Strategic Outlook

The final stage of the acquisition involved a modest cash payment of CAD$15,000 and the issuance of 250,000 Battery Age shares, reflecting a cost-effective consolidation strategy. CEO Nigel Broomham emphasised that the company is maintaining the project in excellent standing, ready to ramp up exploration and resource definition when lithium market conditions improve.

This measured approach complements Battery Age’s broader portfolio, including its Bleiberg Germanium-Zinc Project, and positions the company well to capitalise on the growing demand for battery and critical minerals.