With the global AI boom accelerating demand for critical minerals, investors are increasingly turning their attention to Mongolia’s untapped resource potential. Asian Battery Metals PLC (ASX: AZ9) is emerging as a standout contender for those seeking exposure to this opportunity.

The company is not only exploring high-value battery metals in Mongolia—it is signaling to the broader market what’s possible when exploration is executed with precision, discipline, and the right strategy. Their latest announcement from the Maikhan Uul Copper-Gold Project revealed impressive high-grade copper and gold drilling results, marking a significant milestone in their fast-advancing portfolio and reinforcing Mongolia’s potential as the next frontier for critical mineral development.

The drilling programme revealed some very promising results. One of the deeper holes hit 14.5 meters of rock containing 2.23% copper and 0.73 grams of gold per ton, including higher-grade sections of 4.8 meters at 2.8% copper and 0.88 g/t gold and 6.3 meters at 2.58% copper and 0.82 g/t gold. Even closer to the surface, they found 5.2 meters of rock with 6.54 g/t gold and 126.4 g/t silver, including an exceptional 2.1-meter section with 13.33 g/t gold and 227.81 g/t silver starting just 38 meters below the surface.

These results confirm the economic potential of the Maikhan Uul project. Massive sulphide zones discovered in drillhole MU2501 show continuity and grade consistency, providing confidence to investors looking at early-stage copper projects. The mineralisation extends below historical resources, meaning there’s strong potential for expansion in future drilling campaigns.

Perhaps the most exciting news is the discovery of shallow, high-grade gold and silver mineralisation starting from only 28.2m. This near-surface deposit could provide early cash flow opportunities, potentially accelerating the project’s development timeline.

"The confirmation of shallow high-grade gold is an exciting development that will potentially add significant value to the project. The high-grade copper and gold assay results strongly corroborate previous geological findings."
- Gan-Ochir Zunduisuren, Managing Director of Asian Battery Metals PLC

Why VMS Deposits Matter?

Maikhan Uul is a Volcanogenic Massive Sulphide (VMS) deposit, one of the most sought-after copper-gold targets worldwide. VMS deposits offer:

• High-grade mineralisation in concentrated zones
• Multi-metal potential (copper, gold, silver, zinc, lead)
• Proven production records globally
• Predictable metallurgy

Located in the Central Asian Orogenic Belt, a region known for world-class VMS deposits, Maikhan Uul benefits from strong geological precedent that underscores its potential.

A Strategic Location for Growth:

Maikhan Uul sits in southwestern Mongolia’s emerging copper belt, offering multiple advantages:

• Close to infrastructure and existing mining operations
• Supportive mining jurisdiction with clear regulations
• Access to skilled local workforce and contractors
• Proximity to Asian markets

With Mongolia increasingly welcoming foreign investment and global copper demand on the rise, Maikhan Uul is perfectly positioned for long-term growth and success.

Asian Battery Metals isn’t just exploring – they’re delivering results that excite investors and could power the future of battery minerals in Asia!