Coniagas Battery Metals Receives Permit to Begin Drilling at Graal Major Milestone Enables Next Phase of Exploration to Further Assess Graal’s Battery Metal Potential
Coniagas Battery Metals Receives Permit to Begin Drilling at Graal
Major Milestone Enables Next Phase of Exploration to Further Assess
Graal’s Battery Metal Potential
Vancouver, BC – September 8, 2025 – Coniagas Battery Metals Inc. (TSXV: COS)
(“Coniagas” or the “Company”), is pleased to announce that the Company has received
its authorization of impact-causing exploration work (ATI) from Quebec’s Ministère des
Ressources naturelles et des Forêts (MRNF), clearing the way for diamond drilling to
commence at the Graal property.
The Graal property is strategically located north of Saguenay -Lac St. Jean, in an area
highly prospective for its favorable geology and significant potential for nickel, copper,
and cobalt mineralization. Previous exploration campaigns at Graal have identi fied
multiple high -priority targets, with historical drilling and geophysical surveys pointing
toward the presence of extensive mineralized zones. The property’s strategic location
provides excellent access to infrastructure and aligns with Quebec’s commit ment to
developing critical minerals for the clean energy transition.
“We are excited to move forward with our drill program at the Graal Property,” said Frank
Basa, CEO of Coniagas Battery Metals. “Receiving this permit marks an important
milestone in our exploration efforts. We believe that the region has significant potential
for battery metals, and we are eager to begin drilling to further evaluate and unlock the
value of this project."
The Authorization for Impact -Causing Exploration Work (ATI) now mandatory for all
significant exploration activities in Quebec since May 6, 2024, ensures that projects meet
rigorous environmental and social standards before work begins. As part of the ATI
process, Coniagas engaged in meaningful consultation with local stakeholders, including
the Pessamit First Nation, to address concerns and integrate feedback into project
planning. This approach reflects Coniagas’s commitment to responsible and transparent
development, in full alignment with provincial regulations.
Coniagas Battery Metals is committed to exploring and developing sustainable resources
to meet the growing global demand for battery metals, and the Graal Property is a core
asset in this strategic focus.
Coniagas Battery Metals Inc.
550 Burrard St. Suite 2900
Vancouver, B.C. V6C 0A3
Coniagas.com
With the ATI permit in hand, the Company is set to advance its diamond drilling campaign
at Graal, a critical step in unlocking the property’s battery metals potential while fostering
respectful relationships with Indigenous and local communities.
The drill program is expected to target key geological structures identified through recent
surface exploration and geophysical surveys. Further updates will be provided as drilling
progresses.
Qualified Person
The technical information reported in this news release was reviewed and approved by
Maxime Bouchard, Geo, M.Sc. (OGQ #1752), an independent Qualified Person as
defined by Canadian NI 43 -101 standards. The Qualified Person has not completed
sufficient work to verify the historical information on the Property, particularly regarding
historical drill results. However, the Qualified Person believes that drilling and analytical
results were completed to industry standard practices. The information provides an
indication of the exploration potential of the Property but may not be representative of
expected results.
About Coniagas Battery Metals Inc.
Coniagas Battery Metals Inc. is a Canadian junior mining company focused on nickel,
copper and cobalt and platinum group metals in Québec. Coniagas’ strategy is to create
value for shareholders through the development of its mineral properties, with the
intention of developing Coniagas into a critical metals supplier to the electric vehicle (EV)
market.
At its 100% owned Graal project near Saguenay, Quebec, Coniagas has conducted
successful exploration involving geophysics as well as shallow drilling that hit
mineralization in almost every hole. It has confirmed an open -pit deposit model at Graal
along a 6 km strike length of high -grade nickel and copper with cobalt, platinum and
palladium byproducts. The Company plans in the near-term to conduct additional drilling
leading to the production of a Ni 43 -101 resource report, metallurgical testing and
consultations with First Nations. The Graal project and immediate work plan are outlined
in detail in the “NI 43-101 Technical Report Graal Nickel & Copper Project, Saguenay -
Lac-St-Jean, Quebec, Canada” dated January 17, 2024. The report is available along
with other information at the Company’s website https://coniagas.com/
“Frank J. Basa”
Frank J. Basa, P. Eng. Member of Professional Engineers Ontario
Chief Executive Officer
For further information, contact:
Frank J. Basa, P. Eng. Ontario
Chief Executive Officer
416-625-2342
or:
Wayne Cheveldayoff, Corporate Communications
P: 416-710-2410 E: [email protected]
You can follow Coniagas on Social Media:
LinkedIn: https://www.linkedin.com/company/coniagas-battery-metals/
X (Twitter): https://twitter.com/coniagasmetals
Facebook: https://www.facebook.com/coniagas/
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Caution Regarding Forward-Looking Statements
This news release may contain forward -looking statements regarding Coniagas Battery
Metals Inc. (“Coniagas” or the “Company”) which include, but are not limited to, comments
that involve future events and conditions, which are subject to various risks and
uncertainties. Except for statements of historical facts, comments that address the
Coniagas trading on the TSX Venture Exchange, resource potential, upcoming work
programs, geological interpretations, receipt and security of mineral property titles,
availability of funds, and others are forward-looking. No assurance can be given that any
of the foregoing will be achieved. Forward-looking statements are not guarantees of future
performance and actual results may vary materially from those statements. Genera l
business conditions are factors that could cause actual results to vary materially from
forward-looking statements. The Company does not undertake to update any forward -
looking information in this news release or other communications unless required by law.