American Battery Metals Corp. Renews All 1,300 of its Claims and Seeks to Further Grow its Land Positions
Laying the Groundwork for a Successful 2020INCLINE VILLAGE, August 30, 2019 - American Battery Metals Corporation (OTCQB:ABML) (the “Company”), a premier battery metal exploration and development company based in Nevada, today announced that it is renewing all 1,300 of its claims with the Bureau of Land Management, covering 26,000 acres in Railroad Valley, Nevada.
The expected move highlights the positive momentum of American Battery Metals Corporation as the company continues to grow both horizontally and vertically.
“We’ll finish 2019 in a remarkably strong position, while laying the groundwork for an even more successful 2020,” said American Battery Metals Corp. Chief Executive Officer, Doug Cole. “For our exploration and mining programs, we’re also pursuing additional claims in Railroad Valley, including the potential acquisition of distressed assets statewide.”
Cole continued, “The state of Nevada has been fantastic to us, and we’re grateful to continually forge strong relationships with our neighbors. We strive to take care of the land that takes care of us.”
American Battery Metals Corp. isn’t just focused on its land positions. The company’s strategic plan is vertically integrated as it develops groundbreaking extraction and battery recycling technologies. It recently opened another office in Tonopah, and a full scale laboratory in Virginia City.
American Battery Metals Corp. Head of Business Development, Doug Nickle, commented, “While many juniors are feeling the pinch of the market’s short term volatility, American Battery Metals Corp. is thriving. We are developing distinct yet logically interconnected verticals, each of which is self-sustaining and capable of feeding an insatiably hungry supply chain.”
The eye-catching success of American Battery Metals Corp. is no mystery. The company is laser focused on execution of its strategic plan and it leverages collaborative partnerships to achieve rapid progress. “This is bigger than just us,” Cole stated. “We know the United States must break free from our reliance on foreign sources of critical minerals and we are committed to working with our partners and competitors alike to make that a near term reality.”
American Battery Metals Corp. (www.batterymetals.com) (OTCQB:ABML) is a premier battery metal exploration and development company based in Nevada. The company is focused on its Railroad Valley battery metal project in Nevada with the goal of becoming a substantial domestic supplier of battery metals to the increasing electric vehicles and battery storage markets in America.
For more information, please visit: www.batterymetals.com
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those with respect to the expected project economics for Western Nevada Basin (Railroad Valley), including estimates of life of mine, average production, cash costs, AISC, initial CAPEX, sustaining CAPEX, pre-tax IRR, pre-tax NPV, net cash flows and recovery rates, the impact of self-mining versus contract mining, the timing to obtain necessary permits, the submission of the project for final investment approval and the timing of initial gold production after investment approval and full financing, metallurgy and processing expectations, the mineral resource estimate, expectations regarding the ability to expand the mineral resource through future drilling, ongoing work to be conducted at the Western Nevada Basin (Railroad Valley), and the potential results of such efforts, the potential commissioning of a Pre-Feasibility study and the effects on timing of the project, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, interpretations or reinterpretations of geologic information, unfavorable exploration results, inability to obtain permits required for future exploration, development or production, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices, final investment approval and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended September 30, 2018. The Company assumes no obligation to update any of the information contained or referenced in this press release.
Contact Information
p775-473-4744
info@batterymetals.com
SOURCE: American Battery Metals Corp.
