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Asian Battery Metals PLC managing director Gan-Ochir Zunduisuren talked with Proactive about the company’s upcoming drilling activities at its Gambit Project in Mongolia. Zunduisuren confirmed that AZ9 is fully funded for its latest regional exploration program, which includes key targets MS1, MS2, and Copper Ridge.
The MS1 and MS2 drill targets have never been drilled before. According to Zunduisuren, these are “coincidental, magnetic gravity and IP anomalies,” which may suggest a concealed magmatic system. He explained that this complements the ongoing exploration strategy at Oval and could help build a pipeline of future copper and nickel mineralization.
Zunduisuren highlighted that at the Copper Ridge prospect, a previous drill hole intersected more than 137 metres of copper and gold mineralisation. He noted that the area “has a good potential for hosting independent systems,” and that the company will be following up with more drilling. Additionally, the exploration program will be expanding into the CA Far East area.
The phase three drilling program at Oval continues in parallel, with all results — including lab assessments — expected by the second half of June. Zunduisuren said the company will provide the market with updates once data from both Oval and regional targets is available.
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