Asian Battery Metals confirms high-grade copper and nickel at Oval discovery

Proactive - Interviews for investors

Asian Battery Metals PLC (ASX: AZ9) managing director Gan-Ochir Zunduisuren talks with Proactive’s Tylah Tully about the latest assay results from the company’s Phase 2 2024 drilling campaign at the Oval discovery in Mongolia. These results have confirmed significant findings of high-grade copper, nickel and PGEs from shallow depths, further validating the potential of the Oval. Zunduisuren shared that drill hole 27 revealed a 6-metre intercept with grades of 4.16% copper, 3.5% nickel and 0.9 grams per tonne PGE. This was accompanied by credits for cobalt and gold, indicating an enriched mineral system. Additionally, the 26-metre halo surrounding this intercept highlights the broader potential of the mineralized zone. Discussing future exploration, Zunduisuren said: “We are exploring systematically and further successful results will hopefully come from the 2025 drilling program.” Plans for 2025 include geophysics, geological mapping and deeper drilling to evaluate the system’s size and metal content. The Oval project continues to demonstrate potential as a greenfield discovery with consistent, high-grade results across multiple locations. Visit Proactive's YouTube channel for more updates like this, and don’t forget to give the video a like, subscribe and enable notifications for future content. #ProactiveInvestors #AsianBatteryMetals #ASX #OvalDiscovery #CopperExploration #NickelMining #MiningNews #GreenfieldDiscovery #BatteryMetals #ExplorationDrilling #ASXAZ9