Fuse Battery Metals Inc. (OTC:FUSEF) Shares 2024 Exploration Update for Nevada Lithium Properties
The announcement about the plans for exploration from a mining company often leads to considerable attention for the company in question, and hence, it could be a good time to take a look into the announcement from Fuse Battery Metals Inc. (OTC:FUSEF) yesterday. On Wednesday, the company made an announcement about its exploration plans for the mineral exploration period in Nevada in 2024. The Chief Executive Officer and President of the company, Tim Fernback, spoke about the development as well.
He stated that the company’s team had been successful in completing the initial exploration work program at the Monitor Valley Lithium Project and had also concluded a visit recently at the Lithium Springs Project in Nevada. Following these developments, it had become possible for Fuse Battery Metals to have a better understanding of what the company would need in order to conclude the mineral exploration season for 2024.
One of the properties is the Lithium Springs Property, which is situated at the southern end of the Black Rock Deserts in the state of Nevada. The previous work that had been conducted at the property had included a grid soil sampling initiative in 2016. During that initiative, samples were collected at intervals of 200 meters on lines that were spaced 400 meters apart across as many as 170 sites in total.
A shallow sampling program was conducted on the property following the completion of the program, and later on, a geophysical program was concluded for the purpose of defining the drill targets. The company noted that the program in 2024 would consist of a phased approach that would include surface geophysical sampling as well as geophysics, which would then lead to the drilling program. It remains to be seen if the Fuse Battery Metals stock attracts any attention from investors or not.
