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BATTERY MINERALS ASX Announcement 29 April 2021 March 2021 Quarterly Activities Report Final preparations underway for drilling at Stavely - Stawell copper - gold project • • • HIGHLIGHTS Strong progress on several fronts as part of the exploration campaign at the 100 per cent - owned Stavely - Stawell Project in Victoria Preparations for drilling include extensive dataset compilation , target generation and land access agreements The data includes cutting - edge satellite images which confirm existing drill targets , identify new ones and highlight priority areas for soil geochemistry Drill rig expected to mobilise to site in May 2021 Montepuez Graphite Project Pilot Plant Study underway Cash on hand of $ 6.1M at 31 March 2021 Battery Minerals Limited ( ASX : BAT ) ( " Battery Minerals " or " the Company " ) is pleased to report on the strong progress it made on several fronts in the March 2021 Quarter . The key achievements include advanced preparations for the start of an 8,000m drilling campaign at the Company's Stavely - Stawell Copper - Gold Project in Victoria . The drilling will test some of the highly prospective targets the Company has identified using a combination of leading - edge satellite imagery , historical drilling results , mapping and soil geochemistry . Wallis Drilling Pty Ltd has been contracted to conduct the program and is expected to mobilise to site in May 2021. A programme of some 8,000m will be completed across 4 prospects . In compiling this data and planning exploration activity for the next two years , the Company submitted its work programme to the Victorian mines department as part of accessing $ 500,000 in an exploration grant for the area . Subsequent to the end of the March 2021 Quarter , the Company advanced plans for a pilot plant study on its Montepuez Graphite Project . This involved progressing its strategy to access a US - based , African - focused grant for a scalable pilot plant that could feed a similar - scale downstream processing facility operated by Urbix Resources in Arizona . In - country personnel are complying with COVID - 19 related work protocols . Travel guidelines published by the Australian Government ( DFAT ) currently prevent travel to and from Mozambique . www.batteryminerals.com ABN 75 152 071 095