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Asian Battery Metals Plc (ASX: AZ9)

Asian Battery Metals Plc (ASX: AZ9) - March 2025 Quarterly Activities Report

Asian Battery Metals Plc (ASX: AZ9)

Project Locations in Mongolia
Project Locations in Mongolia

Asian Battery Metals (ASX: AZ9) has released its March 2025 Quarterly Activities Report, outlining strong operational momentum at the Yambat copper-nickel-PGE Project in Mongolia and a well-funded path forward for expanded exploration in 2025.

March Quarter Highlights:

  • Completed an oversubscribed capital raise of A$3.96M – AZ9 remains fully funded to execute its expanded 2025 exploration program
  • Commenced Phase 3 drilling at the high-grade Oval Cu-Ni-PGE Discovery, targeting deeper and along-strike extensions following 2024’s standout intercepts
  • Secured all required government approvals and licence renewals, providing operational certainty through to 2028

 

June Quarter Outlook:

Oval Cu-Ni-PGE Discovery

  • Completion of Phase 3 drilling targeting DHEM conductors and deeper gravity anomalies
  • Initial assay results expected in May 2025
  • Launch of SAMSON FLEM ground survey (May/June) to generate new targets
  • Progress metallurgical flotation test work on Oval samples at ALS Metallurgy, with program completion expected mid-July

Regional Exploration

  • Commencement of scout drilling at regional targets (Copper Ridge Cu-Au, MS1, MS2)
  • Initial assay results expected by June 2025
  • Completion of Gradient Array IP survey at CR Far East

 

Asian Battery Metals is advancing a portfolio of high-impact targets across the Yambat Project and remains on track to deliver a strong pipeline of exploration news in the June Quarter.

Read the full ASX announcement here.


About us:

Asian Battery Metals PLC is a mineral exploration and development company focused on advancing the 100% owned Yambat (Oval Cu-Ni-PGE, Copper Ridge Cu-Au), Khukh Tag Graphite and Tsagaan Ders Lithium Projects in Mongolia.

For more information and to register for investor updates, please visit: www.asianbatterymetals.com.


Contact details:

Financial & Corporate Relations (FCR):
Robert Williams / Maggie Au
[email protected] / [email protected]
+61 (0) 477 666 255 / +61 (0) 461 410 368

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Project Locations in Mongolia
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Attachments

AZ9 March Quarterly Activity Report 2025.pdf

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