BATTERY AGE MINERALS LTD — Capital/Financing Update 2024

Apr 17, 2024

Summer Fieldwork Program Commences at Falcon Lake Lithium Project

Geological team mobilised to commence systematic exploration program across under-explored tenure adjacent to known mineralisation

Highlights

• Summer fieldwork program set to commence at Falcon Lake with geological teams mobilised.

• The 2024 program will build on the successful field campaigns completed last year, which confirmed the presence of high-grade spodumene mineralisation across a 5km prospective corridor.

• Prospecting teams to focus on mapping and prospecting under-explored tenure at Falcon West, Falcon East and recently acquired tenure “Falcon Extension”.

• Additional summer fieldwork activities to proceed in the coming weeks, including:

  • LIDAR & Ortho Imagery (imagery has been captured and is being assessed); and

  • Litho-geochemical bedrock sampling.

• Results from the Summer Fieldwork Program will be used to rank priority drill targets moving forward.

Battery Age Minerals Ltd (ASX: BM8; “Battery Age” or “the Company”) is pleased to advise that it has re-commenced exploration activities at the Falcon Lake Lithium Project in Ontario, Canada with the commencement of its 2024 Summer Field Exploration program.

The purpose of the program is to generate additional targets for drilling and to rank them in order of priority for future works. The initial field work program will investigate major regional structures in favourable volcanogenic stratigraphy, focusing on areas of elevated topographic relief. The in-field team will also collect bedrock rock chip samples from all outcrops encountered and identify any LCT pegmatite intrusions.

The 2024 Summer Fieldwork Program will build on the successful field campaigns completed last year, which identified over 30 outcropping pegmatites and confirmed the presence of spodumene mineralisation across a 5km prospective corridor (Figure 1).

The Company intends to fully explore the Falcon West, Falcon East and recently acquired “Falcon Extension” Property during this summer window and focus heavily on potential extensions of known mineralisation.

batteryageminerals.au Level 50, 108 St Georges Terrace T: +61 (8) 6109 6689 Perth, WA 6000 E: info@batteryage.au PO Box 7310, Cloisters Square Po, WA 6850

Battery Age Minerals Ltd ASX: BM8 ACN 085 905 997

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Figure 1 – 2023 Mapped pegmatites at Falcon Lake and 2024 target areas at Falcon Extension highlighted.

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----- Start of picture text ----- Falcon WestTenureFalcon EastTenureFalcon Main----- End of picture text -----

Figure 2 – BM8 Falcon Lake Lithium Project & Regional Properties

ASX Announcement Released 18 April 2024

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Battery Age CEO Nigel Broomham commented :

"We are very excited to get the Battery Age team of experienced lithium geologists back on the ground at our flagship Falcon Lake Lithium Project in Ontario, as we look to build on the great results delivered from last year’s field campaign. We are determined to explore the potential of these properties to generate further high-priority drill targets and unlock the value of the project.”

Commencing in the coming weeks, Battery Age will also be carrying out additional fieldwork activities to further enhance the Company’s understanding of the geology and exploration potential of the Falcon Lake Project. These activities will include LIDAR and Ortho Imagery (with imagery already captured and currently being assessed) and Litho-geochemical bedrock sampling.

The data collected from these additional summer fieldwork activities will play a pivotal role in identifying other potential exploration targets and will assist in prioritising them for drilling campaigns.

Battery Age is committed to conducting systematic, thorough and efficient exploration to unlock the full potential of the Falcon Lake Project.

[ENDS]

Release authorised by the Board of Battery Age Minerals Ltd.

Contacts

Investors / Shareholders

Nigel Broomham Chief Executive Officer P: +61 (0)8 6109 6689 E: info@batteryage.au

Media

Nicholas Read – Read Corporate P: +61 (0)8 9388-1474 / (0419) 929 046 E: nicholas@readcorporate.com.au

ASX Announcement Released 18 April 2024

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Compliance Statement

This report contains information on the Falcon Lake Project extracted from an ASX market announcement dated 8 December 2022, 2 February 2023, 13 June 2023, 26 July 2023, 2 August 2023, 16 August 2023, 6 September 2023, 14 September 2023, 5 October 2023, 10 October 2023, 16 October 2023, 25 October 2023, 1 November 2023, 30 November 2023 and 13 December 2023 released by the Company and reported in accordance with the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). The original market announcements are available to view on www.batteryage.au and www.asx.com.au. Battery Age is not aware of any new information or data that materially affects the information included in the original market announcement.

Forward-Looking Statement

This announcement may contain certain forward-looking statements and projections. Such forward looking statements/projections are estimates for discussion purposes only and should not be relied upon. Forward looking statements/projections are inherently uncertain and may therefore differ materially from results ultimately achieved. Battery Age Minerals Limited does not make any representations and provides no warranties concerning the accuracy of the projections and disclaims any obligation to update or revise any forward-looking statements/projects based on new information, future events or otherwise except to the extent required by applicable laws. While the information contained in this report has been prepared in good faith, neither Battery Age Minerals Limited or any of its directors, officers, agents, employees or advisors give any representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this announcement.

ASX Announcement Released 18 April 2024

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