#az9

Watch Asian Battery Metals PLC (ASX: AZ9) Advance Its Battery Metals Portfolio in Mongolia 🇲🇳⚡

Asian Battery Metals is progressing a strong pipeline of copper, nickel, gold and PGE projects across the highly prospective Govi-Altai region, with drilling success and multiple exploration catalysts ahead.

This video highlights key developments at the Oval Cu–Ni–PGE Project, Maikhan Uul Cu–Au Project, and Copper Ridge target, supporting the company’s strategy to build exposure to metals critical for the energy transition and electrification.

🔎 Video Highlights

Oval Project confirms ~880m mineralised strike length

Encouraging sulphide drill intercepts including copper and nickel mineralisation

Maikhan Uul acquisition strengthens district-scale copper-gold potential

IOCG-style mineralisation potential at Copper Ridge

Exploration targeting JORC resource milestones in 2026

Strong focus on battery metals essential for EV and clean energy supply chains

📊 Market Snapshot

Share Price: $0.019 Market Cap: $16.41M

▶️ Watch the latest company update and exploration progress.

Asian Battery Metals’ 2025 Annual Report highlights continued progress in building a diversified portfolio of critical minerals projects in Mongolia, targeting commodities essential for electrification, EV batteries and clean energy technologies.

The company is advancing exploration across copper, nickel, lithium, graphite and PGE, supporting long-term exposure to energy transition demand.

🔎 Operational Highlights

Flagship Yambat Project hosts Cu–Ni–PGE discoveries at Oval and Copper Ridge

Mineralised strike length expanded to approximately 880 metres

Drilling confirmed high-grade copper and nickel sulphide mineralisation

Geological indicators support a large magmatic-hydrothermal system

Maikhan Uul Copper-Gold Project strengthens district-scale exploration pipeline

Khukh Tag Graphite Project supports battery anode material demand

Tsagaan Ders Lithium Project adds lithium exploration exposure

📊 Financial Highlights

Working capital surplus of approximately $5.8 million

$9.97 million raised in 2025 to support exploration programs

Financial statements confirmed as true and fair by independent auditors

📈 Investor Outlook

Asian Battery Metals continues to strengthen its exploration pipeline across multiple battery metals assets while maintaining funding capacity to support ongoing drilling and project development aligned with global energy transition demand.

📊 Market Snapshot Share Price: $0.021 Market Cap: $17.23M

Read More - https://announcements.asx.com.au/asxpdf/20260327/pdf/06xvtjlxg70xjb.pdf

Asian Battery Metals is building a compelling copper growth story in Mongolia, with high-grade discoveries, strong metallurgical recoveries, and multiple drill-ready targets across a highly prospective mineral belt.

With exposure to copper, copper-nickel and copper-gold systems, the company is positioning itself to benefit from rising global demand driven by electrification, EV adoption and energy transition infrastructure.

🔎 Key Highlights

Oval Cu-Ni-PGE discovery extended to 880m strike length

Strong metallurgical recoveries of 89–95% copper confirming processing potential

High-grade drill results including 9.5m @ 3.11% Cu and 3.39% Ni

Maikhan Uul Cu-Au VMS Project adds historic 5Mt resource with expansion upside

Shallow gold discovery with intercepts up to 13 g/t Au

Strategic project location within the Central Asian Orogenic Belt

Experienced leadership with direct connection to the Oyu Tolgoi copper discovery

The company’s portfolio provides exposure to multiple copper growth opportunities within close proximity to major processing markets.

🗣️ Management Insight

Managing Director Gan-Ochir Zunduisuren brings more than 20 years of regional experience and a track record linked to the globally significant Oyu Tolgoi copper project, applying a discovery-led growth strategy focused on building long-term shareholder value.

📍 Next Steps

Asian Battery Metals is advancing:

Phase 4 drilling at Oval targeting new geophysical anomalies

Resource definition drilling across copper targets

Follow-up exploration at Maikhan Uul copper-gold system

Continued testing of shallow gold mineralisation

Ongoing geological modelling to expand system scale

📊 Market Snapshot Share Price: $0.021 Market Cap: ~$17.23M

📈 Investor Outlook

With strong copper fundamentals and increasing structural demand driven by electrification and infrastructure growth, Asian Battery Metals offers leveraged exposure to a developing copper portfolio with significant exploration upside potential.

🔗 Read more: https://colitco.com/az9-copper-discovery-mongolia-supercycle-colitco/

Asian Battery Metals has reported significant exploration progress at its Oval Cu–Ni–PGE Project in Mongolia, with integrated geophysics and drilling confirming mineralisation extensions and new intrusive targets ahead of a planned 2026 drill campaign.

🔹 Key Exploration Highlights

Reprocessed FLEM data refines conductive plate targets around the Oval gabbro intrusion

Ground magnetics define a new large anomaly (MS4), interpreted as a potential intrusive body near MS1

Evidence for a clustered intrusive system, supporting scale upside

⛏️ Drilling Confirms Growth Pathways

OVD049: 23.1m mineralised intrusion incl. 16.8m @ 0.39% Cu, 0.41% Ni incl. 1.9m @ 1.03% Cu, 1.33% Ni

OVD051: Width extension at North Oval 9.3m @ 1.06% Cu, 0.48% Ni, incl. 3.8m @ 1.46% Cu, 0.66% Ni

Drilling now supports a ~60% extension of the Oval Cu–Ni–PGE strike length to ~880m, with mineralisation remaining open.

📈 Why It Matters?

Confirms fertile mafic intrusives capable of hosting additional sulphide mineralisation

Multiple geophysical targets provide clear drill vectors for 2026

Strengthens the case for future resource definition across Oval and North Oval

🔄 What’s Next?

Planning and permitting for Phase 4 drilling (Q1 2026)

Constrained geophysical modelling to prioritise MS1, MS4 and cluster targets

Continued due diligence and sampling at Maikhan Uul Cu–Au Project

📊 Market Snapshot

Share Price: $0.023

Market Capitalisation: ~$19.69M

Asian Battery Metals continues to systematically de-risk and expand the Oval Cu–Ni–PGE system, building momentum toward a larger, clustered intrusive discovery in one of Asia’s most prospective energy-transition metal belts.

Read More: https://colitco.com/asian-battery-metals-oval-project-colitco/

Asian Battery Metals has delivered a strong technical quarter at its flagship Oval Cu–Ni–PGE Project in Mongolia, confirming excellent copper recoveries and extending sulphide mineralisation across both the Oval and North Oval zones.

🔹 Key Cu–Ni–PGE Highlights

Copper recoveries of 89–95% across multiple mineralisation styles

Chalcopyrite confirmed as the sole copper-bearing mineral, supporting simple processing flowsheets

~70% of mineralisation classified as well liberated, indicating favourable metallurgy

Strong performance in disseminated, net-textured and massive sulphide zones

⛏️ Recent Drilling Confirms System Growth

OVD049: 16.8m @ 0.39% Cu, 0.41% Ni incl. 1.9m @ 1.03% Cu, 1.33% Ni

OVD051: 9.3m @ 1.06% Cu, 0.48% Ni incl. 3.8m @ 1.46% Cu, 0.66% Ni

OVD047: 44m @ 0.28% Cu, 0.28% Ni from near surface

Mineralisation has now been extended along strike and at depth, reinforcing the presence of a fertile intrusive-hosted Cu–Ni–PGE system.

📈 Why It Matters

Strong metallurgy supports low-cost development potential

Multiple sulphide styles provide resource scale upside

System remains open, with untested conductors identified by geophysics

Exposure to copper, nickel and PGEs, all critical to electrification and the energy transition

🔄 What’s Next

Updated 3D geological and geophysical model incorporating Phase 3 drilling

Planning and permitting for 2026 drilling at Oval and North Oval

Continued work toward resource definition pathways

📊 Investor Snapshot

Share Price: $0.023

Market Capitalisation: ~$19.69M

Asian Battery Metals continues to build momentum at Oval, combining strong metallurgical performance with expanding Cu–Ni–PGE mineralisation, positioning the Project as a compelling emerging sulphide system in Mongolia.

🔗 Read more: https://colitco.com/asian-battery-metals-mongolia-portfolio-colitco/