QUANTUM BATTERY METALS PLANS TO SEND GEOLOGICAL TEAM TO ASSESS NIPISSING COBALT STOCKPILE IN CONNECTION WITH 2022 EXPLORATION PROGRAM Vancouver, British Columbia – Quantum Battery Metals Corp. (CSE: QBAT; OTC: BRVVF; FRA: 23B0) (“Quantum” or the “Company”) announces that in connection with the
NEWS RELEASE
June 7, 2022
QUANTUM BATTERY METALS PLANS TO SEND GEOLOGICAL TEAM TO ASSESS
NIPISSING COBALT STOCKPILE IN CONNECTION WITH 2022 EXPLORATION
PROGRAM
Vancouver, British Columbia – Quantum Battery Metals Corp. (CSE: QBAT; OTC:
BRVVF; FRA: 23B0) (“Quantum” or the “Company”) announces that in connection with the
2022 exploration program planned, the Company has requested its ground team to further assess
the coblt stockpile. Having the ground crew implement this additional step in the 2022 Nipissing
exploration program ensures a cost -effective and high value use of already planned resources by
reducing cost in preparation.
By estimating the rock stockpile in person, the Company could more accurately indicate the cost
of processing the pil e ensuring the feasibility and measurements equate to a highly profitable
opportunity for the company. Under context of evaluating the cobalt stockpile, the Company will
also be seeking potential tilling agreements and royalty streams.
While the Company proceeds further into the Nipissing Lorrain project, the Company is also
looking into expanding into local areas as the region is known historically for Cobalt, a key
ingredient in today’s current EV batteries.
“This year’s run of the exploration program will continue from our already existing results of the
sampling program from 2017. We are eager to expand on o ur current properties and utilize the
potential of our assets. Through ensuring that value of each individual exploration program set for
this year is cost -effective and well supplied, we can safeguard the shareholder value of the
Company. The rock pile is one item that we have investigated the past but believe has higher value
then what has initially been utilized,” states David Greenway, director.
QUANTUM BATTERY METALS CORP.
“Andrew Sostad”
_______________________
Andrew Sostad, CEO and Director
Contact Information:
400 – 837 West Hastings Street
Vancouver, British Columbia
V6C 3N6
Phone: 604.629.2936
Email: [email protected]
Forward-Looking Information This news release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other than statements of historical
facts, that address events or developments that Quantum Battery Metals Corp. (the "Company")
expects to occur, are forward-looking statements. Forward-looking statements are statements that
are not historical facts and are generally, but not always, identified by the words "expects", "plans",
"anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or "should" occur. Although the
Company believes the expectations expressed in such forward- looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance and actual
results may differ materially from those in the forward -looking statements. Factors that could
cause the actual results to differ materially from those in forward -looking statements include
market prices, exploitation and exploration successes, and continued avail ability of capital and
financing, and general economic, market or business conditions. Investors are cautioned that any
such statements are not guarantees of future performance and actual results or developments may
differ materially from those projected i n the forward -looking statements. Forward- looking
statements are based on the beliefs, estimates and opinions of the Company's management on the
date the statements are made. Except as required by applicable securities laws, the Company
undertakes no obligation to update these forward -looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change.