Cruz Battery Metals Announces Maiden Mineral Resource Estimate on its Solar Lithium Project in Big Smokey Valley, Nevada

Core Viewpoint - Cruz Battery Metals Corp. has announced its maiden mineral resource estimate for the Cruz Solar Lithium Clay Deposit, indicating significant lithium resources in Nevada [1][2]. Group 1: Mineral Resource Estimate - The maiden mineral resource estimate (MRE) at a 300 ppm Li cutoff includes 50 million tonnes (Mt) at 608 ppm Li, equating to 161,000 indicated tonnes of lithium carbonate equivalent (LCE), and 183 Mt at 539 ppm Li, equating to 525,000 inferred tonnes of LCE [1][2]. - Stantec's base case MRE at a 500 ppm cutoff shows 35 Mt at 697 ppm Li for 128,000 indicated tonnes of LCE and 103 Mt at 641 ppm Li for 352,000 inferred tonnes of LCE [3]. Group 2: Technical Report and Qualified Person - The mineral resource estimate was prepared by Joan Kester, P.Geo of Stantec Consulting Services Ltd., following CIM guidelines and reported in accordance with Canadian Securities Administrators NI 43-101 [3][4]. - Joan Kester has direct experience in lithium clay exploration projects in Nevada and is recognized as a qualified person for the American Lithium Corp. TLC Lithium Project [3]. Group 3: Company Overview - Cruz Battery Metals Corp. has additional projects, including the South Advocate Hydrogen Project in Nova Scotia and the Sterling South Gold/Copper Project in Ontario, alongside several battery metals-focused projects in the USA [5]. - The company's Nevada lithium projects include the Solar Lithium Project, the Clayton Valley Lithium Brine Project, and the Central Clayton Valley Lithium Brine Project [5].