Fuse Battery Metals Provides a 2024 Exploration Update for its Nevada Lithium Properties

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COQUITLAM, BC / ACCESSWIRE / March 27, 2024 / Fuse Battery Metals Inc. ("the Company" or "Fuse") (TSXV:FUSE)(OTCQB:FUSEF)(FRA:43W3) announces its plans to explore for the upcoming 2024 mineral exploration season in Nevada.

Tim Fernback, Fuse President & CEO states "Now that our team has completed the initial exploration work program at Monitor Valley Lithium Project and completed a recent site visit of our Lithium Springs Project in Nevada, we have a clearer understanding of what Fuse needs to accomplish for the 2024 mineral exploration season. We are excited to offer a summary of what our team has determined as next steps for each of our lithium property prospects in Nevada."

About the Lithium Springs Property

The project is located at the southern end of Black Rock Desert, Nevada, about 132 air-line km north-northeast of Reno, Nevada.

Black Rock Desert basin is about 110 km long and up to 25 km wide at the widest point. The central playa measures about 50 km northeast - southwest and 10 km southeast - northwest. The western arm of the Black Rock Desert covers an area of about 2,000 square kilometers and contains 5 of the 30 currently listed Known Geothermal Resource Areas in Nevada.

Past Exploration Work and Proposed Exploration Plan

Prior work completed on this property included a grid soil sampling program in 2016 where samples were collected on 200-meter intervals on lines spaced 400 meters apart for a total of 170 sites. Values ranged from 82.8 to 520 ppm lithium with a median value of 182 ppm. These values are significantly above the background in the adjoining ranges and indicate concentration of lithium in the playa silts and salt crust. Following the completion of this work, a shallow sampling program was completed followed by high resolution geophysical program to define potential drill targets.

The local geologic setting combined with the presence of lithium in both active geothermal fluids and surface salts within the Black Rock Desert property position match characteristics of lithium brine deposits at Clayton Valley, Nevada and in South America. The nearby geothermal fluids draining into the claims contain lithium in the 3 to 5 mg per liter range and most likely contributed to surface sampling values up to 520 ppm lithium. These preliminary results warrant continued exploration for a Clayton Valley type brine and/or clay deposit.

The 2024 program will take a phased approach consisting of surface geochemical sampling and geophysics followed by a drill program.. The Company plans to re-sample the project on a 100 m grid, and complete an MT geophysical survey that will provide a geological basis for locating drill sites. Phase two will focus on drilling for lithium brine, but could include additional surface sampling.