Future Battery Minerals - FBM (ASX) News & Expert Insights from Stockhead

Future Battery Minerals (Formerly Auroch Minerals ASX:AOU) has been systematically exploring the highly prospective Nepean, Saints & Leinster Nickel Projects

Future Battery Minerals’ new high-grade nickel projects are rare in tier-1 jurisdictions. Future Battery Minerals’ Saint’s Nickel Project combines both a historical high-grade resource and recent high-grade drilling results which provide an exciting platform to grow the Company’s high-grade nickel resource.

SAINTS RESOURCE AND KEY RESULTS

JORC 2012 Mineral Resources estimate: 1.05Mt @ 2.0% Ni and 0.2% Cu for 21,400 tonnes of contained nickel and 1,600 tonnes of contained copper.

October 2019 drilling results: 1.77m @ 6.72%Ni, 0.27% Cu, including 0.50m @ 9.98% Ni, 0.24% Cu.

Historical drilling results: 30.95m @ 1.66% Ni & 0.16% Cu, including 10.50m @ 2.30% Ni & 0.25% Cu

KEY PEOPLE

Mr Rathjen has a proven track record accumulated across more than a decade in equity capital markets, corporate development and mineral marketing, with extensive experience in the lithium sector. Nick brings a strong commercial capability to the Company, having led early-stage lithium projects through technical programs, economic studies, execution of offtake agreements, funding and due diligence processes, project development as well as the completion of commercial transactions.

Nick has previously held positions as the Head of Corporate Development at Canadian lithium developer Green Technology Metals Ltd (ASX: GT1) and as the Head of Corporate Development at Prospect Resources Limited (ASX: PSC). At Prospect Resources, Nick played a key role in the advancement and development of the Arcadia Lithium Project in Zimbabwe through both the financing process and marketing of the key products to be mined and processed at Arcadia (spodumene and petalite).

Nick’s understanding of lithium mining, processing, marketing and downstream conversion brings a broad list of capabilities to the Company as it rapidly advances its Kangaroo Hills and Nevada Lithium Projects. He holds a Master of Applied Finance, Bachelor of Commerce, Diploma of Investor Relations and is a graduate of the Australian Institute of Company Directors (AICD).

Mr Cox is an exploration geologist with over 12 years’ experience in the management of green fields and brown fields exploration. Mr Cox has held various project and senior positions across a number of ASX listed companies and his passion for mineral exploration has resulted in multi commodity experience, including nickel, lithium, gold and uranium in various mineralisation styles and models. Mr Cox holds a BSc majoring in economic geology and is a member of the Australian Institute of Mining and Metallurgy (AusIMM).

As Technical Director, Mr Cox will have oversight and be responsible for managing the Company’s exploration activities at the Company’s 80% owned Nevada Lithium Project in Nevada (US), the Saints Nickel Project (100%), the Leinster Nickel Project (100%), the Nepean Nickel Project (including the Kangaroo Hills Lithium Project) (80%) in Western Australia, and the Arden, Bonaventura and Torrens East REE-Zinc-Copper Projects (90%) in South Australia.