05:36:00 EDT Fri 26 Apr 2024
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Vital Battery Metals Inc
Symbol VBAM
Shares Issued 39,580,450
Close 2023-05-31 C$ 0.27
Market Cap C$ 10,686,722
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Vital Battery begins Sting summer exploration program

2023-06-01 13:20 ET - News Release

Mr. Adrian Lamoureux reports

VITAL BATTERY METALS INC. COMMENCES STING COPPER PROJECT WORK PROGRAM

Vital Battery Metals Inc. has commenced its summer exploration program at its Sting copper project in northwestern Newfoundland.

The company has previously reported assay results of grab samples at its Sting copper project, including 14.2 per cent Cu, 11.6 per cent Cu, 14.2 per cent Cu and 13.9 per cent Cu, with complementary gold values ranging from seven to 470 parts per billion. Vital is targeting high-grade copper and precious metals in western Newfoundland on its Sting copper project. The mafic rocks that underlie the Jumbo Lode prospect are part of the Bay of Islands complex that is host to copper and copper/zinc deposits such as the York Harbour mine, a former producer located 35 kilometres to the south-southeast. Additionally, York Harbour Metals recently reported (news release dated April 21, 2023) final results of its phase 4 drilling program which included a drill hole (YH22-73) that intersected 44.93 metres of 1.292 per cent copper, including 5.36 metres of 2.938 per cent copper.

The current work program is designed to follow up from the previous encouraging results and to expand known mineralized zones. The program also includes gridded prospecting, mapping and geochemical sampling to provide coverage over underlying favourable regional geology and geophysics. The three separate grids include the North Sting, Jumbo Lode and South Sting grids. The North Sting grid covers 240 hectares of ground and is draped over the northeast-trending contact between mafic volcanic rocks and mafic intrusive rocks, a regionally important lineament for copper mineralization.

Adrian Lamoureux, Vital's chief executive officer and president, comments: "Our initial exploration program at the Sting project yielded impressive results as high as 14.2 per cent Cu and gold values ranging from seven ppb to 470 ppb. Building on our previous program, we are looking forward to further exploration of high-priority targets, which we believe will continue to provide strong copper and gold values."

The Jumbo Lode area has historically compelling copper anomalies which surround and extend from the Jumbo, Red Lobe and Lode 9 mineral showings. The team will infill, expand upon and verify the historical results, as well as test the eastern contact between mafic volcanic/intrusive rocks for copper anomalies. The South Sting grid provides coverage over the same lineament farther south, where no record of exploration work exists.

Qualified person

The technical information in this presentation has been reviewed and approved by an independent qualified person defined by National Instrument 43-101, Derrick Strickand, PGeo.

The qualified person has not verified the information on the York Harbour mine and the information disclosed is not necessarily indicative of mineralization on the Sting copper project.

About Vital Battery Metals Inc.

Vital Battery Metals is a mineral exploration company dedicated to the development of strategic projects comprising battery, base and precious metals in stable jurisdictions. The company is working to advance its Schofield lithium, Dickson Lake lithium, Sting copper and Vent copper-gold projects.

We seek Safe Harbor.

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