Battery Mineral Resources Corp. announced encouraging initial drill core assay results from the 2021 exploration and in-fill drill program at the Punitaqui mine complex ("Punitaqui") in Chile. Punitaqui is a recently producing copper and gold mine which is slated for resumption of production mid-2022. San Andres Drill Program: Sample assay results were received for the first three holes of the eight drillholes currently dispatched for analysis. Drillhole SAS-21-01: was designed to test San Andres targeted mineralized horizon 30m north of historic hole SAS-20-07 which intersected a true width of 15.6m of 2.69% copper. The hole intersected a late andesite dyke at the target depth and exited the dyke near the bottom of the Targeted Stratigraphic Unit ("TSU") cutting 3 m of the favourable stratigraphy which contained both disseminated and veinlet occurrences of chalcopyrite and bornite. Although much of the drill hole intersected the dyke, the lower section yielded high-grade copper mineralization which returned results of 3m grading 1.52% copper and 2.0g/t silver. Drillhole SASA-21-02: intersected the TSU 30m south of historic hole SAS-20-07. The hole intersected the same late-stage andesite dyke at the target depth and exited the dyke near the bottom of the TSU, cutting 8.7m of the favourable stratigraphy which had abundant pyrite and minor copper mineralization. An updated re-interpretation of the San Andres zone geology has been completed and the three dimensional geological model is being updated with the new interpretations and new drilling information. Drillhole SAS-21-05: intersected the TSU 30m south of historic hole SAS-17-06 that returned a true width section of 7.3m grading 1.73% copper. The hole intersected the TSU between 186.6m to 234.9m. The drilled section consisted of shales, volcanoclastic sandstones, conglomerates and tuff breccia. Disseminated sulphide mineralization occurred throughout the section with the most intense sulphide concentration noted between 200.0m ­ 210.0m and 220.0m ­ 229.0m which yielded a 10m interval grading 0.52% Cu and 8.70g/t silver and a higher-grade interval that assayed 9.0m grading 2.06% copper and 20.5g/t silver. Sulphide mineralization consisted of chalcopyrite and bornite that occur as disseminated sulphides and within veinlets. Background ­ San Andres Target: The San Andres target is part of the Punitaqui project which is situated within a 25km long mineralized district that is a classic IOCG and mantos style copper belt that is comprised of mantos and structural controlled copper-gold-silver veins. San Andres is a zone of copper mineralization located 500m southwest of the high-grade Cinabrio deposit mined by Glencore and Xiana Mining. San Andres is a tabular sedimentary horizon within a volcanic sequence. This sedimentary horizon is variably mineralized and has a variable width ranging from 5m - 30m. It consists of an interlayered volcano-sedimentary sequence composed of dark colored laminated and unlaminated shales, volcanoclastic sandstone, conglomerates and breccias and tuff breccias. There is a variable component of syngenetic pyrite. The horizon dips 40 to 50 degrees to the east and is cut-off at depth by the moderately west dipping San Andres fault. Mineralization consists of veinlets and irregular disseminations in both the fine and coarse-grained clastic rocks and locally within the volcanic rocks above and below the host unit. The host horizon is also cut and offset by other faults with a wide range of orientations. The fundamental orientations identified to date include: moderately west dipping splays of the San Andres fault, generally with downward and westward movement; steep dipping northeast to northwest trending faults with both sinistral and dextral offsets; Faults parallel and sub-parallel to stratigraphy.