Megawatt completes IP Survey at Cobalt Hill, British Columbia
Megawatt completes IP Survey at Cobalt Hill, British Columbia
Vancouver, British Columbia – July 22, 2021) - Megawatt Lithium and Battery Metals Corp. (CSE:MEGA)
(FSE: WR20) (OTC PINK: WALRF) (the "Company" or "Megawatt") is pleased to announce that SJ
Geophysics has completed a 22.8 line kilometre induced polarization (IP) survey on the Company’s
Cobalt Hill target areas. In each of the 3 areas (Meister, Cobalt Zone and Gold Soil anomaly zone) the IP
survey was successful in defining geophysical features that support the known geological and
geochemical response in these three areas. The results of the survey have significantly contributed in
confirming drill targets to test these three areas.
David Thornley-Hall, Chief Executive Officer commented: “We are pleased with the progress we have
made to date in advancing the Cobalt Hill project. The IP data from the Meister, Cobalt zone and Gold
anomaly zone areas continues to show the excellent potential of the project and we are excited to be
planning the first phase of drilling."
Qualified Person
Mr. Geoffrey Reed (MAusMM (CP)) (MAIG), Consultant for the Company, is a qualified person as defined
by National Instrument 43-101 – Standards of Disclosure or Mineral Projects and has reviewed the
scientific and technical information in this press release.
About MegaWatt Lithium and Battery Metals Corp.
MegaWatt is a British Columbia based company involved in the acquisition and exploration of mineral
properties in Canada and Australia. The Company holds a 100% undivided interest, subject to a 1.5%
NSR on all base, rare earth elements and precious metals, in the Cobalt Hill Property, consisting of eight
mineral claims covering an area of approximately 1,727.43 hectares located in the Trail Creek Mining
Division in the Province of British Columbia, Canada.
Additionally, the Company has acquired a 60% interest in a company that indirectly holds a 100%
interest (subject to a 2% NSR) in two prospective silver-zinc projects in Australia, being the Tyr Silver
Project and the Century South Silver-Zinc Project (see press release dated August 13, 2020), an indirect
100% interest (subject to a 1% NSR) in and to certain mining tenements in Northern Territory and New
South Wales, Australia prospective for nickel-cobalt-scandium and rare earths and a 100% interest
(subject to a 2% NSR) in and to the Route 381 Lithium Property, comprised of 40 mineral claims located
in James Bay Territory, north of Matagami in the Province of Quebec, covering 2,126 hectares (see press
release dated February 3, 2021).
Investors can learn more about the Company and team at https://megawattmetals.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
David Thornley-Hall Chief Executive Officer
The CSE does not accept responsibility for the adequacy or accuracy of this release.
This press release includes "forward-looking information" that is subject to a number of assumptions, risks
and uncertainties, many of which are beyond the control of the Company. Forward -looking statements
may include but are not limited to, statements relating to the trading of the Company's common shares on
the Exchange and the Company's use of proceeds and are subject to all of the risks and uncertainties
normally incident to such events. Investors are cautioned that any such statements are not guarantees of
future events and that actual events or developments may differ materially from those projected in the
forward- looking statements. Such forward-looking statements represent management's best judgment
based on information currently available. No securities regulatory authority has either approved or
disapproved of the contents of this news release.