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Battery Mineral Resources Corp. Provides Update Gowganda Silver Tailings Project Ontario
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2025) - Battery Mineral Resources Corp...
About this update from Battery Mineral Resources Corp
[{"type":"text","content":"Battery Mineral Resources Corp. Provides Update Gowganda Silver Tailings Project OntarioVancouver, British Columbia--(Newsfile Corp. - October 28, 2025) - Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) (\"Battery\" or \"BMR\" or the \"Company\") is pleased to update its shareholders regarding the Gowganda silver tailings project that is located about 125 kilometers northeast of Sudbury, Ontario.BMR Reviewing Strategic Options for Gowganda Silver ProjectBMR is reviewing several alternatives with respect to its Gowganda silver tailings project in order to maximize value for our shareholders. The tailings historical resource estimate was classified as an indicated resource at a silver cut-off grade of 10.0 grams per tonne (\"g/t\") and was historically estimated to contain approximately 1,940,000 tonnes grading 47.5 g/t silver (\"Ag\"), containing an estimated 2,960,000 oz Ag (per the Gowganda Silver Technical Report, July 8, 2011).As per NI 43-101 Standards of Disclosure Section 2.4 - the above resource estimate is considered historical in nature and is not treated as current mineral resources by the Company. The 2011 historical resource is relevant in that the historic work program and estimation confirmed the tailings contained silver mineralization that could be potentially recoverable. There have been no resource estimates for the project since 2011 historic resource. Since acquiring the project, BMR has not undertaken an updated estimate of this historical resource. The Gowganda Silver tailings project was referenced as a historical resource in the Company's NI 43-101 \"Technical Report on Cobalt Exploration Assets in Canada\" dated as of May 26, 2020 with an effective date of March 31, 2020, prepared by Glen Cole (P.Geo) of SRK Consulting (Canada) Inc. (the \"Cobalt Technical Report, March 31, 2020\").Laz Nikeas, CEO of BMR, stated, \"Our Gowganda silver tailings project has been historically estimated to contain approximately 2.96 million oz of silver resources and is located within Canada's prolific cobalt and silver district in northeastern Ontario. BMR is actively reviewing various project options with the objective of enhancing shareholder value.\"The Gowganda mining camp was one of three historic silver-cobalt districts in Canada's Cobalt Embayment situated in northeastern Ontario approximately a six-hour d...