Megawatt plans field program at Route 381 Lithium Project, Quebec
Megawatt plans field program at Route 381 Lithium Project, Quebec
Vancouver, British Columbia— (June 17, 2021) - Megawatt Lithium and Battery Metals Corp.
(CSE:MEGA) (FSE: WR20) (OTC PINK: WALRF) (the "Company" or "Megawatt") is pleased to announce it
is moving forward with a field program at the recently acquired Route 381 Lithium Project comprised of
40 mineral claims located in James Bay Territory, north of Matagami in the Province of Quebec, and
covering 2,126 hectares. The project benefits from excellent logistics with adjacent Hydro power
available and road access. Grab samples of up to 2.77% Li2O are reported.
The work will consist of a prospecting, mapping and channel sampling program focused on the
previously identified spodumene bearing pegmatites. The program will also involve regional exploration
to identify additional lithium bearing pegmatites.
David Thornley-Hall, Chief Executive Officer commented: “We look forward to reviewing the results of
our seasonal exploration work at Route 381. We were attracted to the project by its nature in
Quebec’s hard-rock lithium district with a number of actively advancing lithium projects in the
vicinity.”
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. 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.