Mr. Tom Yingling reports
GREEN BATTERY MINERALS COMPLETES EXPLORATION FIELD WORK AT ITS FLAGSHIP BERKWOOD GRAPHITE PROJECT IN QUEBEC
Green Battery Minerals Inc. has successfully completed prospecting, mapping and further surface MAG/EM ground surveys using beep-mat at the Zone 3, Zone 4 and Zone 12 prospects at its Berkwood graphite project in Quebec. The program was successfully completed, significantly advancing the understanding of previously underexplored zones on the property. It resulted in the definition of approximately 1.2 kilometres of strike length, characterized by mapped and sampled graphite mineralization.
Program highlights
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The 2024 exploration program resulted in the collection of rock chip and channel samples that were successfully collected from outcrop and subcrop across three key zones on the property, providing valuable geological data.
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Samples were effectively gathered from hand-dug and auger test pits, advanced over Beep Mat anomalies in areas with shallow overburden less than one metre.
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The program positively tested approximately 1,050 meters of strike length at Zone 3, 850 metres at Zone 4 and 200 metres at Zone 12, highlighting the significant mineral potential across these zones.
- Detailed mapping confirmed broad, continuous zones of subcropping graphite mineralization, aligning with the folded geometry previously identified at Zone 1 and Zone 6. This consistency strengthens the significance of the three new target areas and reinforces the project's resource potential.
Zone 3 and 4 exploration targets
Zone 3 is strategically situated just six kilometres from the Lac
Gueret
property owned by Nouveau Monde Graphite (NYSE: NMG), and lies along strike from Zone 4, which is immediately adjacent to Lac Gueret. Green Battery Minerals has recently consolidated claims covering the Zone 3 prospect to secure the core of the conductive anomaly, where historical drilling encountered high-grade graphite, further emphasizing the area's significant resource potential.
Tom Yingling, president and chief executive officer of Green Battery Minerals, commented on the success of the field exploration and the prospects generated at Zone 3, stating:
"We are pleased with the success of this year's exploration program, which has significantly advanced our understanding of the property's mineral potential," said Tom Yingling, president and chief executive officer of Green Battery Minerals. "With the collection of rock chip and channel samples across three key zones and the confirmation of extensive strike lengths, we've highlighted the considerable opportunities at zones 3, 4 and 12. The field crew's detailed mapping and sampling, which aligns with the folded structures observed at zones 1 and 6, further strengthens the significance of these targets. Zone 3, located just six km from the Lac Gueret project owned by Nouveau Monde, and along strike from the adjacent Zone 4, continues to stand out as a high-priority area, bolstered by historical high-grade graphite results and newly consolidated claims. These achievements mark a major step forward for the project, underscoring its potential for future growth and resource development."
2024 prospecting and EM conductivity ground geophysics
Green Battery Minerals further defined targets at Zone 3, Zone 4 and Zone 12 using ground MAG/EM beep mat tools. Led by ABG Exploration the site investigations focused along strike of previous results and aimed to expand the footprint of outcropping and subcropping graphite mineralization. The work confirmed graphitic anomalies which generally extend along strike and resulted in the definition of a cumulative 2,100-metre strike extension across the three zones.
Laboratory results are pending and are expected to confirm the tenor of graphite mineralization along the defined strike of the subsurface conductivity anomaly.
About the Berkwood graphite project
The Berkwood graphite project is located within the jurisdiction of Quebec, in the Manicouagan regional county municipality, three hours driving time from the city of Baie-comeau. Easy access is provided via a major secondary road and numerous tertiary and forest roads that traverse the property.
The Zone 1 resource lies eight km southwest of Nouveau Monde's deposit which has a $3.5-billion NPV (net present value) on it. The companies Zone 1 resource, and that of Nouveau Monde, share many similar geological characteristics, with the Zone 1 resource being of exceptionally high grade and coarse flake size by global standards.
The current mineral resource at the Berkwood graphite project includes in-pit constrained resource totalling 1,755,300 tonnes of indicated resources at 17.00 per cent Cgr and 1,526,400 tonnes in inferred resources at 16.39 per cent Cgr.
The mineral resource estimates above are described in the technical report entitled,
NI 43-101 Technical Report Mineral Resource Estimate
on the Lac Gueret South Graphite Property, Quebec, Canada. With an effective date of June 30, 2019, by Edward Lyons, PGeo, Florent Baril, ing, and Claude Duplessis, ing.
QA/QC (quality assurance/quality control) comments:
All samples were collected by typical field methods according to CIM best practices, selected samples were collected by representative rock chips into numbered samples bags. Samples were shipped to (IGS) Impact Global Solution Labs in Montreal. They were prepared (PREP-31a) and analyzed by the lab for carbon (graphite; SPM-140) and for total carbon and total sulphide (SPM-412). The standard used is an Oreas 21f723 (5.87 per cent graphitic carbon). Sample analysis results are not yet available.
The historical data presented in this release are derived from public domain reports, the results have not been verified by the author, no subsequent drilling has been completed to confirm the drilled intersections of graphite from LG-13-04N.
Qualified person
Alexandr Beloborodov, PGeo, (OGQ No. 1637) of AGB Exploration Inc., an independent qualified person as defined by Canadian National Instrument 43-101 standards, has reviewed and approved the geological information reported in this news release.
About Green Battery Minerals Inc.
Green Battery Minerals is managed by a team with over 150 years of combined experience with a proven record of not just finding numerous mines but building and operating them too. The Green Battery Mineral management team's most recent success is discovering the Berkwood graphite resource in Northern Quebec. Green Battery Mineral owns this asset 100 per cent, and the company's shareholders will benefit from this asset as the demand for graphite for electric vehicles increases significantly.
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