Issue link: http://resourceworld.uberflip.com/i/1058321
D E C E M B E R / J A N U A R Y 2 0 1 9 www.resourceworld.com 31 drilling program will consist of four to seven holes. The company has completed Phase 1 exploration at the 4,980-acre Hector property that included rock, soil geochemical and ground magnetic geo- physical. Cruz has nine cobalt projects throughout North America – five near Cobalt, two in British Columbia, one in Idaho and one in Montana. First Cobalt Corp. [FCC-TSXV; FTSSF- OTC] reported drill results from its Iron Creek Cobalt Project in Idaho. Results demonstrate thicker cobalt mineralized zones as well as mineralization between the two recognized zones. All drill holes reported contain min- eralization over long widths and grades above the Inferred Resource average grade, including 25.7 metres of 0.35% cobalt and 0.62% copper (0.42% CoEq), 22.6 metres of 0.34% cobalt and 0.59% cop- per (0.40%CoEq) as well as 27.8 metres of 0.27% cobalt and 1.09% copper (0.38% BATTERY MINERALS International Battery Metals licenses lithium extraction technology International Battery Metals Ltd. [IBAT-TSXV] has signed a second licensing agreement to license its lithium extraction technology to Ensorcia Argentina for use in the extraction of lithium chloride from lithium-bearing brine sources in Argentina. The resulting lithium chloride will be converted to lithium carbonate and/or lithium hydroxide. It may also be exported as a feed stock. Int'l Battery will receive a 6% royalty on the netback sales price of all products produced and sold using the licensed technology and has also been granted a 10% common membership interest in Ensorcia Argentina. Earlier, Int'l Battery entered into a licensing agreement with Ensorica Metals Corp. and its wholly owned subsidiary, Sorcia Minerals LLC, to license its lithium extraction technology to Sorcia for use in extracting lithium carbonate from lithium-bearing brines in Chile. Dr. John Burba, CEO of International Battery Metals, stated, "We are very excited to be forming this alliance with Sorcia in the heart of the Lithium Triangle. One of our goals is to produce com- mercially viable technology with the smallest environmental footprint possible. Our technology is designed to extract lithium without the use of traditional evaporation ponds and our process does not add anything to the source brine, so it can be returned to the salar aquifer after the extraction of the lithium." n • 3rd generation patent pending technology • Bring on resources rapidly with high recovery rates • Projected to recycle 95% of processed water • Environmentally responsible • Portable extraction units / easily deployed • Low capital cost to production "Our technology is designed to extract lithium without the use of traditional evaporation ponds and our process does not add anything to the source brine when extracting the lithium." Dr. John Burba, PhD CEO of International Battery Metals International Battery Metals Resource World | December 2018 | half page horizontal 7.375x4.7" CSE: IBAT | ibatterymetals.com | 1.778.939.4228 Advanced disruptive technology focused on lithium brine extraction changing the way lithium is being extracted and produced. DISRUPTIVE TECHNOLOGY FOR LITHIUM EXTRACTION