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Battery Age’s Leadership Shift and Pending Assays Pose Key Questions for Investors

Mining By Maxwell Dee 4 min read

Battery Age Minerals has completed maiden drilling programs in Austria and Argentina, secured full ownership of its Canadian lithium project, and raised A$5.5 million to fuel its 2026 exploration ambitions.

  • Completed maiden diamond drilling at Bleiberg Zinc-Germanium Project, Austria
  • Finished maiden reverse circulation drilling at El Aguila Gold-Silver Project, Argentina
  • Secured 100% ownership of Falcon Lake Lithium Project, Canada
  • Raised A$5.5 million to support exploration and corporate activities
  • Announced leadership transition with new CEO Sebastian Kneer

Exploration Milestones Mark a New Chapter

Battery Age Minerals Ltd (ASX – BM8) has delivered a significant update for the December 2025 quarter, highlighting the completion of maiden drilling programs at two cornerstone projects and strategic advances across its global portfolio. The company’s maiden diamond drilling at the Bleiberg Zinc-Germanium Project in Austria and reverse circulation drilling at the El Aguila Gold-Silver Project in Argentina mark foundational steps in unlocking the potential of these critical mineral assets.

At Bleiberg, Battery Age undertook six diamond drill holes totalling approximately 1,685 metres, targeting historically productive zones within the Bleiberg–Kreuth mining district. Geological logging revealed promising signs of brecciation, alteration, and sulphide mineralisation consistent with the company’s model, though assay results remain pending. This drilling program is the first modern exploration effort in the district since mining ceased in the early 1990s, positioning Battery Age at the forefront of re-establishing a European source of germanium, a metal critical for semiconductor and defence technologies.

Expanding Horizons in Argentina and Canada

Meanwhile, the maiden reverse circulation drilling program at El Aguila in Argentina encompassed 23 holes over 2,500 metres, testing multiple large-scale gold and silver targets. Geological observations confirmed widespread hydrothermal alteration indicative of a substantial epithermal system. The company plans to follow up with diamond drilling in the first half of 2026 to explore depth extensions and structural controls, pending assay results and permitting.

In Canada, Battery Age consolidated its Falcon Lake Lithium Project by securing 100% ownership of the Falcon Extension properties. This consolidation creates a contiguous 51 km² landholding within a proven lithium-bearing greenstone belt in Ontario, enhancing the project’s resource and expansion potential. Previous drilling at Falcon Lake has returned thick, high-grade spodumene intercepts, underscoring the project’s promise in the lithium sector.

Strategic Growth and Leadership Transition

Battery Age also advanced early-stage exploration at the Apex Germanium-Gallium Project in Utah, USA, staking claims adjacent to the historic Apex Mine, known for high-grade germanium and gallium mineralisation. This move complements the company’s European germanium focus and aligns with Western initiatives to secure critical semiconductor metals supply chains.

Supporting these exploration efforts, Battery Age completed a A$5.5 million capital raising during the quarter, bolstering its balance sheet with a cash position of approximately A$4.49 million at quarter’s end. The funds are earmarked for ongoing drilling programs, early-stage exploration, and corporate activities.

On the corporate front, the company announced a leadership transition with the appointment of Sebastian Kneer as CEO effective February 2026. Mr Kneer brings extensive international experience in exploration and project development, poised to guide Battery Age through its next growth phase. Outgoing CEO Nigel Broomham will ensure a smooth handover, having played a pivotal role in establishing the company’s critical minerals portfolio.

Looking Ahead

Battery Age enters 2026 with a strengthened technical platform and clear priorities – refining drilling targets at Bleiberg, commencing diamond drilling at El Aguila, preparing for future exploration at Falcon Lake, and advancing its germanium recovery research collaboration with the University of Sydney. The company’s disciplined capital management and strategic land consolidation position it well to capitalize on the growing demand for critical minerals essential to emerging technologies.

Bottom Line?

With assay results pending and new leadership at the helm, Battery Age’s next moves will be closely watched by investors seeking clarity on its resource potential and growth trajectory.

Questions in the middle?

  • When will assay results from Bleiberg and El Aguila drilling programs be released, and what might they reveal about resource quality?
  • How will new CEO Sebastian Kneer’s leadership influence Battery Age’s strategic direction and operational execution?
  • What are the timelines and market conditions that will dictate the resumption of drilling at Falcon Lake lithium project?