Energy Transition Minerals Ltd. announced the commencement of drilling at the Villasrubias Lithium Project, in the province of Salamanca, Spain by its affiliate Technology Metals Europe SL ("TME"). Villasrubias is a historic aplite and pegmatite mining district, known for the production of tin alongside feldspar and quartz. Mapping and sampling by ETM's team in Spain has identified lithium minerals associated with pegmatites at surface, alongside elevated lithium, tin, niobium and tantalum.

The maiden 1,500 metres, 10 hole drilling campaign will test targets that were identified in previous geophysics and soil sampling campaigns, which were conducted in December 2022. This work, alongside mapping, have identified the probable subsurface trend of the lithium-bearing pegmatite. The drilling campaign is expected be completed during Second Quarter 2023.

ETM has developed an operating base in the village of Villasrubias and are well supported by the local community.