Battery Age Accelerates Drilling and Expands Critical Metals Reach with $3M Raise

Exploration Momentum Builds Across Strategic Portfolio

Battery Age Minerals Ltd (ASX, BM8) has reported a productive September quarter marked by significant progress in its critical metals exploration across Europe, the Americas, and now North America. The company’s maiden diamond drilling campaign at the historic Bleiberg Zinc-Germanium Project in Austria is underway, representing the first modern exploration in this high-grade district in decades. This initiative targets zinc, lead, and germanium mineralisation with historic grades among the highest globally, positioning Bleiberg as a cornerstone of Battery Age’s European critical metals strategy.

Meanwhile, at the El Aguila Gold-Silver Project in Argentina, Battery Age has defined multiple kilometre-scale gold and silver anomalies through extensive geophysical and geochemical surveys. The company secured environmental approvals and drilling permits, with maiden drilling authorised post-quarter, setting the stage for a maiden RC drilling program aimed at expanding known high-grade zones and testing new structural targets.

Expanding Critical Metals Potential in Canada and the US

Battery Age’s Falcon Lake Lithium Project in Ontario continues to reveal promising multi-element enrichment beyond lithium, including rubidium, caesium, tantalum, and gallium, elements critical to advanced electronics and aerospace industries. The company has consolidated 100% ownership of the Falcon Extension properties, creating a contiguous 51 km² lithium corridor with significant upside potential. Despite strong lithium intercepts, only a fraction of high-priority targets have been drill tested, indicating substantial exploration upside.

Adding to its North American footprint, Battery Age recently staked the Apex Germanium-Gallium Project in Utah, adjacent to the historic Apex Mine, the world’s first germanium and gallium operation. This acquisition aligns with US initiatives to secure domestic supply chains for semiconductor-critical metals and complements the company’s European Bleiberg asset, advancing its Trans-Atlantic Critical Metals Strategy.

Strategic Partnerships and Funding Support Growth

To underpin its exploration and development activities, Battery Age completed a strongly supported $3 million placement during the quarter. The funds will primarily support drilling programs at Bleiberg and El Aguila. Additionally, the company formalised a collaboration with the University of Sydney to test advanced germanium recovery technologies, potentially enhancing downstream processing and recycling capabilities across its Bleiberg and Apex projects.

Battery Age ended the quarter with $1.115 million in cash and holds liquid investments valued at approximately $2.76 million. Exploration expenditure for the quarter was $1.105 million. The company is actively managing its cash flow and remains confident in securing further funding as needed to maintain momentum.

Looking Ahead

With ongoing diamond drilling at Bleiberg, imminent maiden drilling at El Aguila, and initial fieldwork planned at Apex, Battery Age is well positioned to deliver key milestones through the remainder of 2025. The company’s integrated approach, spanning discovery, extraction, and technology development, aims to establish a vertically integrated supply platform for critical metals essential to emerging technologies and strategic industries.