Bleiberg Exploration and Strategy Update
Released
Released
Announcement PDF
ASX Announcement
Released 28 November 2024
Bleiberg Exploration and Strategy Update
HIGHLIGHTS
•
Strategic Focus on Bleiberg Germanium Project into 2025: Battery Age is placing
greater emphasis on the Bleiberg Germanium project in Austria, recognizing the
growing global demand for germanium, a critical and supply constricted mineral used
in advanced semiconductor technologies.
•
Positioning as a First Mover in Germanium: The Bleiberg project offers a unique
opportunity for Battery Age to capitalize on the rising demand for germanium, with its
prolific historical mining history, and strategic proximity to local European
semiconductor manufacturing.
•
Fieldwork Program at Bleiberg Completed and Preparation for 2025 Exploration
Underway
•
Strengthening the Portfolio: Battery Age continues to evaluate potential value-adding
M&A opportunities in multiple commodities in Tier-1 jurisdictions globally and deliver
growth for shareholders.
Battery Age Minerals Ltd (ASX: BM8; “Battery Age” or “the Company”) is pleased to provide
an update on the Company’s exploration activities as it prepares for a strong 2025. The
Company is placing greater emphasis on the Bleiberg Germanium project in Austria, signaling
the Company's intention to further develop its portfolio of assets.
The decision to concentrate more resources on the Bleiberg Germanium project is driven by
the increasing demand for critical minerals, particularly germanium, which is in limited supply
globally. With its historical mining operations and promising potential, Bleiberg offers Battery
Age a unique opportunity to be at the forefront of the rising demand for this strategic metal and
be a first mover in this space.
CEO Nigel Broomham and Chief Geological Advisor, Dr Simon Dorling have recently
completed a fieldwork program at Bleiberg, with preparations now underway for the 2025
exploration campaign. The program successfully met its technical objectives, which included
verifying historical mining and exploration records, assessing access to target areas, and
collecting geological data to further refine the Company’s maiden drilling targets. The
upcoming exploration drilling will be aiming to explore the potential extensions of known
mineralisation as well as the highly respective "West Extension".
In addition to technical work, the team continued to engage positively with local stakeholders,
including the Bleiberg and St. Stefen's Mayor's offices, the Austrian Forestry Company, and
the Austrian Mining Authority. Introductory meetings were also held with private landowners,
drilling companies and potential contractors. Looking forward, Dr. Dorling and Mr. Broomham
will prepare documentation for the company's maiden drilling permit, with plans to submit this
before the end of calendar year 2024.
Battery Age Minerals Ltd
ASX: BM8
ACN 085 905 997
batteryageminerals.au
T: +61 (8) 6109 6689
E: info@batteryage.au
Level 50, 108 St Georges Terrace
Perth, WA 6000
PO Box 7310, Cloisters Square Po, WA 6850
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Figure 1: BM8 team in Bad Bleiberg in October with Mayor Christian Hecher
Figure 2: Dr Simon Dorling, at the Meisternock target area during recent field program at the Bleiberg project.
Bad Bleiberg Mayor Christian Hecher, commented:
"The planned cooperation with Battery Age Minerals is a great opportunity to develop Bad
Bleiberg's resources sustainably. Through innovative projects like these, we can break new
ground. Glück Auf! "
ASX Announcement
Released 28 November 2024
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As exploration programs at Falcon Lake are completed for 2024, producing some outstanding
results, Battery Age believes the project is in excellent shape to continue to unlock to the full
potential of the asset when Lithium market sentiment returns.
Battery Age CEO, Nigel Broomham, commented:
"We are excited about the potential of the Bleiberg Germanium project and the opportunity it
presents in a rapidly growing market for this critical mineral. With growing global demand for
germanium, a key material for advanced technologies, we believe Bleiberg offers a unique
opportunity to establish Battery Age as a leader in this space. Our team has made excellent
progress in preparing for an exciting 2025 exploration program, and we are committed to
moving forward with our plans, supported by strong local relationships. We are preparing for a
strong 2025 and are confident that our approach will deliver sustained value for our
shareholders."
[ENDS]
Release authorised by the Board of Battery Age Minerals Ltd.
Contacts
Investors / Shareholders
Nigel Broomham
Chief Executive Officer
P: +61 (0)8 6109 6689
E: info@batteryage.au
ASX Announcement
Released 28 November 2024
Media
Kelly-Jo Fry
Battery Age Minerals
P: +61 (0)8 6109 6689
E: kjfry@batteryage.au
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Compliance Statement
This report contains information on the Falcon Lake Project extracted from an ASX market announcement dated 7
December 2022, 2 February 2023, 4 July 2023, 26 July 2023, 31 July 2023, 2 August 2023, 16 August 2023, 6
September 2023, 14 September 2023, 5 October 2023, 16 October 2023, 25 October 2023, 30 November 2023,
13 December 2023, 8 July 2024, 12 August 2024 and 12 September 2024 released by the Company and reported
in accordance with the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves” (JORC Code). The original market announcement is available to view on
www.batteryage.au and www.asx.com.au. Battery Age is not aware of any new information or data that materially
affects the information included in the original market announcement.
Forward-Looking Statement
This announcement may contain certain forward-looking statements and projections. Such forward looking
statements/projections are estimates for discussion purposes only and should not be relied upon. Forward looking
statements/projections are inherently uncertain and may therefore differ materially from results ultimately achieved.
Battery Age Minerals Limited does not make any representations and provides no warranties concerning the
accuracy of the projections and disclaims any obligation to update or revise any forward-looking statements/projects
based on new information, future events or otherwise except to the extent required by applicable laws. While the
information contained in this report has been prepared in good faith, neither Battery Age Minerals Limited or any of
its directors, officers, agents, employees or advisors give any representation or warranty, express or implied, as to
the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this
announcement.
ASX Announcement
Released 28 November 2024
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