RETRANSMISSION: Cruz Battery Metals Engages Stantec for Maiden Resource Estimate and Technical Report on the Solar Lithium Project in Nevada, Directly Bordering American Lithium
MWN-AI** Summary
Cruz Battery Metals Corp. (CSE: CRUZ) has announced the engagement of Stantec Consulting Ltd. to carry out a Maiden Resource Estimate (MRE) and Technical Report for its Solar Lithium Project, located in Clayton Valley, Nevada. This initiative adheres to National Instrument 43-101 standards. Stantec's qualified expert, Derek Loveday, brings significant experience from the region, having worked with notable lithium-related projects such as Albemarle Corp.'s Silver Peak mine and American Lithium Corp.'s TLC project.
Cruz's Solar Lithium Project spans 4,938 acres and has demonstrated lithium discovery in all 14 drill holes throughout its drilling phases. The company’s project directly neighbors American Lithium's TLC project, which has recently reported substantial increases in its lithium resources, asserting 6.17 million tons of measured lithium carbonate equivalent (LCE). Cruz Battery Metals expressed optimism about the timing of this resource estimate, especially considering lithium prices have surged over 100% since June 2025, with current prices reaching two-year highs.
James Nelson, President of Cruz, highlighted the renewed interest in domestic lithium production, coinciding with recent investments in the sector, such as the U.S. government’s stake in Lithium Americas' Thacker Pass project. As investor focus sharpens on lithium, Cruz aims to capitalize on this momentum by moving forward with the MRE for its Solar Lithium Project, forecasting significant growth potential for 2026 and beyond.
In addition to its Nevada projects, Cruz Battery Metals holds other battery metals initiatives in the U.S. and Canada. The management has tempered expectations by noting that proximity to successful finds does not guarantee similar results for their own properties.
MWN-AI** Analysis
Cruz Battery Metals Corp. (CSE: CRUZ) recently announced significant developments regarding its Solar Lithium Project in Nevada, which could present a compelling opportunity for investors in the burgeoning lithium sector. The engagement of Stantec Consulting Ltd. to conduct a Maiden Resource Estimate (MRE) and Technical Report indicates a strategic step toward advancing the project, particularly amidst the current climate of high lithium prices—up over 100% since mid-2025.
As Cruz's project directly borders American Lithium Corp.'s TLC lithium project, it stands to benefit from the growing recognition of domestic lithium sources spurred by geopolitical factors and bullish market conditions. American Lithium’s recent resource updates highlight the potential value in the region, underscoring Cruz's opportunity to enhance its resource base through new estimates prepared by seasoned professionals with substantial on-ground experience in the area.
Investors should consider the broader lithium market, which has regained momentum due to increased demand for electric vehicles and energy storage solutions. The renewed focus on domestic production, as evidenced by U.S. government actions favoring projects like Lithium Americas' Thacker Pass, further adds to the sector's attractiveness.
Cruz's management expressed optimism for the company's growth prospects in 2026, revealing a potential pathway for increased market attention. With drilling success evident—lithium discovered in all drill holes during previous phases—Cruz appears ready to capitalize on favorable market dynamics.
In summary, investors might view Cruz Battery Metals as a potential growth stock worthy of consideration. The upcoming MRE and favorable lithium market conditions could significantly influence the company's valuation. As always, investment decisions should be based on thorough due diligence and consideration of market risks.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2026) - Cruz Battery Metals Corp. (CSE: CRUZ) (OTCID: BKTPF) (WKN: A40YSN) ("Cruz" or the "Company") is pleased to announce that it has engaged Stantec Consulting Ltd. to complete a Maiden Resource Estimate ("MRE") and Technical Report for the Solar Lithium Project in Clayton Valley, Nevada. The Technical Report will be prepared in accordance with the requirements of National Instrument 43-101. The Stantec qualified person (Derek Loveday, PGeo) has direct experience in the Tonopah area, which includes visiting Albemarle Corp.'s Silver Peak mine, visiting ioneer Ltd.'s Rhyolite Ridge lithium-boron project, and completing a resource estimate and Technical Report for American Lithium Corp. on the TLC lithium project.
Throughout the first 4 phases of drilling (announced on January 17, 2022, May 18, 2022, March 31, 2023, & July 13, 2023), Cruz has discovered lithium in all 14 drill holes on the 100-per-cent owned, 4,938-acre Solar Lithium Project in Nevada, directly bordering American Lithium Corp.'s TLC lithium project.
According to American Lithium Corp.'s website, "In February 2025, the American Lithium Corp. announced an updated Mineral Resource Estimate that significantly increased the contained lithium resources for the TLC project. This MRE was completed as part of the process of compiling the maiden preliminary economic assessment and was incorporated into the Mine Plan within the maiden PEA, which was released on February 1st, 2023. TLC currently hosts 6.17Mt lithium carbonate equivalent (LCE) measured resources, 2.39Mt LCE indicated resources and 1.44Mt LCE inferred resources."(1). Cruz management cannot verify American Lithium Corp.'s results other than the publicly available information.
James Nelson, President of Cruz Battery Metals, stated, "Lithium prices are currently at 2-year highs and are now up over 100% since June 2025, according to tradingeconomics.com(2). Attention towards domestic lithium seems to have renewed since President Trump agreed to take a stake in Lithium Americas Thacker Pass Lithium Mine in Nevada, announced by Reuters (3) on October 1, 2025. With the recent resurgence of investor attention back into the lithium sector, management feels this is an opportune time to proceed with producing a Maiden Resource Estimate on the Solar Lithium Project. The Company is very optimistic about the growth prospects for the remainder of 2026 and beyond as we become more active than we've been in years."
Cruz Lithium Ownership Map
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4754/280024_676c91ca7477e8f7_002full.jpg
Qualified Person
The technical contents of this release were reviewed and approved by Frank Bain, PGeo, a director of the Company and qualified person as defined by National Instrument 43-101. Mr. Bain has not independently verified American Lithium Corp.'s Technical Report.
About Cruz Battery Metals Corp.
Cruz currently has several battery metals focused projects located in the USA. Cruz's Nevada lithium projects consist of the 4,938-acre 'Solar Lithium Project', the 240-acre 'Clayton Valley Lithium Brine Project', and the 580-acre 'Central Clayton Valley Lithium Brine Project'. In Idaho Cruz has the 124-acre 'Idaho Cobalt Belt Project'. Cruz also has the 'Sterling South Gold/Copper Project' in Ontario, Canada. Management cautions that past results or discoveries on properties in proximity to Cruz may not necessarily be indicative of the presence of mineralization on the Company's properties.
If you would like to be added to Cruz's news distribution list, please send your email address to info@cruzbatterymetals.com.
Cruz Battery Metals Corp.
"James Nelson"
James Nelson
President, Chief Executive Officer, Secretary and Director
For more information regarding this news release, please contact:
James Nelson, CEO and Director
T: 604-899-9150
Toll free: 1-855-599-9150
E: info@cruzbatterymetals.com
W: www.cruzbatterymetals.com
Twitter: @CruzBattMetals
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
https://americanlithiumcorp.com/tlc-lithium-project/ (1)
https://tradingeconomics.com/commodity/lithium (2)
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280024
FAQ**
How does the increase in lithium prices reported by Cruz Battery Metals Corp. (CSE: CRUZ) impact the investment environment for battery metals in Vancouver, British Columbia?
What strategic implications does Cruz's engagement with Stantec Consulting Ltd. have for the lithium sector in Vancouver, particularly in light of their upcoming Maiden Resource Estimate for the Solar Lithium Project?
In what ways might the resurgence of investor interest in lithium, as mentioned by Cruz Battery Metals Corp., influence the development of battery metal projects in Vancouver and surrounding areas?
How does the geographical proximity of Cruz's Nevada projects to American Lithium Corp.'s TLC project affect investor perceptions regarding the potential for lithium exploration and extraction in British Columbia?
**MWN-AI FAQ is based on asking OpenAI questions about Cruz Battery Metals Corp. (OTC: BKTPF).
NASDAQ: BKTPF
BKTPF Trading
-0.42% G/L:
$0.0239 Last:
6,700 Volume:
$0.024 Open:
