Battery Age Minerals Kicks Off Bleiberg Drilling, Eyes El Aguila Expansion
Battery Age Minerals has initiated its maiden drilling campaign at the Bleiberg Zinc-Germanium Project following regulatory approval, while advancing exploration at El Aguila with a $3 million capital raise backing its growth.
- Maiden drilling commenced at Bleiberg after permit approval
- Comprehensive fieldwork completed at El Aguila with drilling permit submitted
- Tailings sampling underway to assess germanium potential
- Raised $3 million to fund dual-drilling strategy
- Cash position low at quarter-end but bolstered by liquid investments
Regulatory Breakthrough at Bleiberg
Battery Age Minerals Ltd (ASX, BM8) marked a significant milestone in its June 2025 quarter by securing formal approval for its maiden drilling permit at the Bleiberg Zinc-Germanium Project in Austria. This approval, the culmination of over 18 months of stakeholder engagement and regulatory navigation, paves the way for the first modern exploration drilling in the region this century. The company promptly commenced a diamond drilling campaign in early July, targeting historically mineralised zones and prospective new discoveries along a 10-kilometre corridor.
Advancing Exploration at El Aguila
In Argentina, Battery Age completed an extensive field exploration program at the El Aguila Gold-Silver Project. This included high-resolution ground magnetics, induced polarisation surveys, geological mapping, and soil sampling, all aimed at refining drill targets across multiple high-grade structural trends. The company has since submitted its maiden drilling permit application, with drilling anticipated to begin in late Q3 2025. Petrographic analysis confirming free-milling gold within epithermal quartz veins adds optimism for metallurgical performance.
Strategic Tailings Sampling and Metallurgical Testing
Battery Age also initiated a tailings sampling program at Bleiberg and Hochobir to evaluate germanium prospectivity in historical mine dumps. Given the region's history of high germanium grades, this work could unlock secondary recovery opportunities, feeding into future metallurgical testwork and scoping studies. These efforts underscore the company's integrated approach to maximising resource potential.
Capital Raise Supports Growth Trajectory
To underpin its dual-drilling strategy, Battery Age successfully raised $3 million through a two-tranche placement, attracting strong investor interest. Despite ending the quarter with a modest cash balance of $41,000, the company holds liquid investments valued at approximately $2.62 million, providing a financial buffer. Exploration expenditure for the quarter was $317,000, reflecting active project advancement.
Looking Ahead
With drilling underway at Bleiberg and El Aguila poised to follow, Battery Age is positioned to deliver high-impact exploration results across its diversified portfolio of critical minerals, including zinc, germanium, gold, silver, and lithium. The company continues to evaluate strategic partnerships and downstream processing options, aiming to enhance value creation as it advances these strategically significant projects.
Bottom Line?
Battery Age’s exploration momentum and recent capital raise set the stage for pivotal assay results that could reshape its critical minerals outlook.
Questions in the middle?
- What initial assay results from Bleiberg’s maiden drilling campaign will reveal about resource potential?
- How will metallurgical testwork on tailings influence the project's economic viability?
- What strategic partnerships might Battery Age pursue to accelerate project development and processing?
