Business
RETRANSMISSION: Cruz Battery Metals Enters into Joint Venture Agreement for Deep Basin Lithium Brine Exploration in Clayton Valley, Nevada
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2026) - Cruz Battery Metals Corp. (CSE: CRUZ) (OTCID: BKTPF) (WKN: A40YSN) ("Cruz" or the "Company") is pleased to announce that it has entered into a joint venture agreement ("JV") with Sienna Resources Inc. ("Sienna") and Adelayde Exploration Inc. ("Adelayde") to explore the deep basin lithium brine potential in Clayton Valley, Nevada. The 115 mineral claims comprising the 2,300-acre JV land package are all located within, and...
About this update from Adelayde Exploration Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 29, 2026) - Cruz Battery Metals Corp. (CSE: CRUZ) (OTCID: BKTPF) (WKN: A40YSN) ("Cruz" or the "Company") is pleased to announce that it has entered into a joint venture agreement ("JV") with Sienna Resources Inc. ("Sienna") and Adelayde Exploration Inc. ("Adelayde") to explore the deep basin lithium brine potential in Clayton Valley, Nevada. The 115 mineral claims comprising the 2,300-acre JV land package are all located within, and completely surrounded by, SLB's (formerly Schlumberger) and Pure Energy Minerals' lithium deposit (see map below). Clayton Valley, Nevada is home to the only long-established producing lithium brine basin in the U.S., Albemarle's Silver Peak lithium brine mine, which extracts lithium from subsurface brines. It has been the sole U.S. producing lithium brine operation since the 1960's.","length":944,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":550,"height":364,"url":"https://media.zenfs.com/en/newsfile_64/4b01d1392abde18e81f6272b0e9b7d1c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/iuyYfUNbWonzlKb3cZkDfg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYzNTtjZj13ZWJw/https://media.zenfs.com/en/newsfile_64/4b01d1392abde18e81f6272b0e9b7d1c","width":550,"height":364}},"href":"https://images.newsfilecorp.com/files/4754/281977_abc2bfdaf45ecb4c_002full.jpg","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4754/281977_abc2bfdaf45ecb4c_002full.jpg","length":137,"tagName":"p","attribs":{}},{"type":"text","content":"James Nelson, President of Cruz Battery Metals, stated, "With the recent resurgence of investor attention back into the lithium sector, management feels this is an opportune time to not only proceed with producing a maiden resource estimate on the Solar Lithium Project in Big Smoky Valley, Nevada, but we are also very excited to enter this joint venture exploration agreement to test the deepest parts of Clayton Valley, which hosts the only lithium brine basin with production in the USA. To be able to merge our projects into one large block prospective for lithiu...