Over the past two years, ABTC has been designing and optimizing its internally developed processing train for the manufacturing of battery cathode grade lithium hydroxide from Nevada-based sedimentary claystone resources. The majority of these development efforts to date have been performed with sedimentary claystone resource samples provided by partner companies in the Tonopah, Nevada region. While ABTC will continue to work with these partners to refine, test, and validate its internally developed technologies for potential commercialization at these resource sites, ABTC is also evaluating the performance of its lithium extraction and manufacturing technologies directly on its own lithium-bearing resource, the Tonopah Flats Lithium Exploration Project.
The ABTC Tonopah Flats Lithium Exploration Project currently encompasses the exploration of 517 unpatented lode mining claims covering approximately 10,340 acres of land that is administered by the Bureau of Land Management (BLM) near Tonopah, Nevada. As part of this exploration, ABTC is conducting geological mapping, sampling, geochemical analysis, and proprietary extraction trials to characterize these resources and to quantify the performance of the lithium extraction and manufacturing operations. The following map is as of December 2021.
In conjunction with expanding lode claims, the American Battery Technology Company reported initial surface sampling results of the previously staked mining claims.
The ABTC field team analyzed 29 new surface sample locations, along with existing samples previously collected by other parties, and the resulting data demonstrated grades of anomalous reported lithium present from 260 ppm to 1,530 ppm in the project area. Samples with values of 300 ppm and up are typically considered very prospective in nature. The historic samples were analyzed by ALS Analytical Lab in Reno, Nevada, and the samples collected by ABTC were assayed at the American Assay Laboratory in Reno, Nevada.
As a result of the initial surface sample characterizations, ABTC submitted a Notice of Operation permit and Reclamation Bonding to the Bureau of Land Management Tonopah Field Office for subsurface samplings of these claims.
We have begun exploratory subsurface sampling to further develop this resource where the sample results will be used to define the extent of the deposit in footprint, depth, and the grades of the lithium. ABTC will continue with exploratory drilling as weather permits. Thorough analysis of these samples may take several weeks to months to complete
To support the company’s execution of a US Department of Energy funded field demonstration grant project and added opportunity to expand its sedimentary claystone lithium resource exploration work, ABTC recently closed on the purchase of a satellite office located in Tonopah, Nevada.