Battery Mineral Resources

Overview

The global battery metals market is a rapidly growing billion-dollar industry. This market represents the raw materials used in the production of batteries such as lithium, nickel, cobalt, manganese and graphite. With the increasing popularity of electric vehicles, energy storage systems, consumer electronics and electric alternatives to everyday applications, the demand for these metals has seen unprecedented growth.

The global battery metals market value is expected to reach $20 5 billion in 2027 with a CAGR of 8.2 percent. A rapid surge in the renewable energy industry has many looking to the battery mineral and metal exploration and development companies to supply the demand, which shows robust projections across global markets.

Battery Mineral Resources (TSXV:BMR,OTCQB:BTRMF) is a battery minerals company providing shareholders exposure to the global mega-trend of electrification while being focused on growth through cash-flow, exploration and acquisitions in favorable mining jurisdictions.

The company’s mission is the discovery, acquisition and development of battery metals (namely, copper, cobalt, lithium and graphite) in North America, South America and South Korea. It aims to become a leading low-cost producer of high-quality, ethically sourced battery metals from high-grade, low-impact mines in stable jurisdictions that are close to major consumer industries.

BMR is headquartered in Vancouver, British Columbia, with a portfolio of projects spanning Canada, the US, Chile and South Korea.

BMR stands as the largest claim holder across all minerals in the Ontario Cobalt Belt, which is one of the most richly endowed mining regions in the world. It currently has a robust asset portfolio, including its McAra, Gowganda, Iron Mask, Island 27 projects in Ontario and additional projects in the works across the province and Quebec. As a first-mover in the district, the company has led efforts in recognizing the potential of multiple new, at-surface and high-grade primary cobalt discoveries in this region.

In March 2021, BMR acquired the near-term cash flow Punitaqui Mine Complex in Chile, which consists of a centralized process plant fed by four satellite copper deposits — San Andres, Cinabrio, Dalmacia and Los Mantos. The past-producing mining operation leverages easy road access to local population centers and presents outstanding exploration opportunities across its classic IOCG and manto-style copper-gold-silver veins.

The company's cobalt reach extends into the prolific mining district of Idaho with its three 100-percent-owned properties covering 14 significant cobalt prospects in the state. Bonanza, Desert and East Fork properties are strategically positioned near the home of eCobalt Solutions’ Idaho cobalt project, the only advanced-stage, near-term, environmentally permitted, primary cobalt deposit in the US.

Another exciting addition to the BMR portfolio is its highly prospective graphite assets located in South Korea and lithium assets in prolific US mining districts. The Guemam and Taehwa projects are two past-producing graphite mines, which leverage close proximity to excellent lithium-ion industrial infrastructure and considerable yield and high-grade graphite potential.

BMR closed a sale-leaseback transaction on an industrial property located at 7102 West Sherman Street, Phoenix, Arizona. The property was previously held by Ozzie’s, Inc. subsidiary of BMR’s 100-percent-owned ESI Energy Services, Inc., which operates in the equipment rental and sales sector of the pipeline and renewable energy space. Ozzie’s also recently closed an equipment refinancing transaction worth US$2 million via a refinancing of 11 pieces of equipment owned by Ozzie's and is structured as a lease with a four-year term.

Battery Mineral Resources’ management team consists of leaders with extensive operational and development experience. Combined with a stellar and supportive shareholder portfolio, the company is primed for exceptional economic growth and well-funded development.

Company Highlights

• Battery Mineral Resources (BMR) is a multi-commodity resource company focused on discovering, acquiring and developing battery metals projects (cobalt, lithium, graphite, nickel & copper), in North and South America and South Korea. It's poised to become a premier and sustainable supplier of battery minerals to the electrification marketplace.
• BMR is currently developing the Punitaqui Mining Complex and pursuing the potential near-term resumption of operations at the prior-producing Punitaqui copper-gold mine.
• BMR is the largest mineral claim holder in the historic Gowganda Cobalt-Silver Camp in Canada. It controls a robust portfolio of cobalt assets across the prolific Timmins & Sudbury and Rouyn & Val d'Or Quebec areas.
• Its Canadian cobalt portfolio consists of McAra and Gowganda with Elk Lake located about 150 km northeast of Sudbury
• Additional battery mineral exposure includes its strategically acquired graphite assets in South Korea and a lithium property in the prolific mining district of Nevada.
• BMR's management team combines seasoned experts across related industries in finance, resource development and battery mineral exploration.
• The company has filed a technical report for its NI 43-101 resource estimate at Punitaqui on SEDAR, authored by JDS Mining and Energy Inc.