Asian Battery Metals (ASX:AZ9) advances Mongolian discovery with strong drill results at depth

Asian Battery Metals (ASX:AZ9) is building a compelling case at its Oval Cu Ni PGE discovery in south west Mongolia, with new assays from Phase 3 drilling confirming the continuity of high grade mineralisation and pointing to a potentially large scale magmatic system.

The latest results not only confirm previous intercepts but also deepen confidence that Oval hosts a vertically extensive and high tenor copper nickel sulphide system, one that may be linked to a deeper magmatic feeder zone.

Highlights

• 88.5m at 0.62 percent Cu, 0.45 percent Ni from OVD033, including:
  16.1m at 1.39 percent Cu, 0.68 percent Ni
  6.7m at 1.17 percent Cu, 0.96 percent Ni
• 1.3m at 4.70 percent Cu, 3.65 percent Ni from OVD034 (massive sulphide)
• 0.5m at 1.39 percent Cu, 1.91 percent Ni at 293.7m from OVD032 suggests deeper feeder system
• Fully funded for 2025 exploration

These follow up holes are more than just incremental updates.

They provide strong geological validation for what is emerging as a new magmatic copper nickel system in a frontier location, a rare combination in the battery metals sector.

“Since the initial discovery of massive sulphide mineralisation, a total of seven drillholes have now intersected massive sulphides, giving us growing confidence we are onto a strong, high grade mineral system with scale potential,” said Managing Director Gan Ochir Zunduisuren.

“We remain fully funded for 2025 exploration work to continue our exploration and appraisal of the Cu Ni system, which is the first of its kind found in the south west part of Mongolia.”

Crucially, the deeper intercept in hole OVD032, comprised of semi massive sulphides in a gabbroic dyke, could mark the start of a feeder conduit.

This adds another dimension to the Oval story, hinting at a mineralised system that goes beyond surface or near surface expressions.

With geophysical modelling well advanced and a ground based SAMSON EM survey now underway, AZ9 is positioning itself to drill deeper, smarter and faster.

The exploration team is already planning follow up holes to test conductive plates and extensions both along strike and at depth.

With a supportive register, technical momentum and one of the few confirmed magmatic sulphide systems in this part of Mongolia, Asian Battery Metals is shaping up as a company with both geological and strategic relevance.

The next wave of results, expected later this month, may go a long way to defining just how far the Oval system extends and how big this story could get.

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