Coniagas Begins Field Work on Graal’s Southern Claims
Coniagas Begins Field Work on Graal’s Southern Claims
Vancouver, BC – May 22, 2025 – Coniagas Battery Metals Inc. (TSXV: COS) (“Coniagas” or the
“Company”), is pleased to provide an update on the ongoing exploration activities at the Graal
property. Laurentia Exploration crew has been mobilized for prospecting on the southern extent
of the property.
The program consists of confirming access to both the southern portion of the property which
was logged approximately 15 years ago as well as checking access to the more northern and
central areas where drilling is planned for later this year once permits are received (see
Discovery, MHY and Gravi Zones on map below). The southern area, around the Nourricier A
showing (see map below), is known to host the extension of the electromagnetic conductor
corresponding to Graal main showing s (MHY-Gravity-Discovery). This southern extension is
historically defined by the MaxMin ground survey (GM56024). Current prospecting in this area,
using a beep mat on surface and sampling outcrop, aims to confirm those historical conductors.
The data recovered will further develop our understanding of the larger property as well as allow
more effective planning of the next stage of drilling as we propose to further define the shallower
mineralization before drilling deeper to extend the known mineralization to depth.
Frank Basa, P .Eng. Ontario, President and CEO of Coniagas, stated, "The idea of prospecting
in the southern part of the claim block is to open the area to the potential of additional areas of
shallower mineralization as we see in the northern claims. Defining this potential now will allow
for the possibility of ground geophysics to help define drill targets as it so effectively did in the
more northern claims”.
Strategic Location:
The Graal property boasts an excellent location north of Saguenay-Lac St. Jean, offering several
logistical advantages:
• Year-Round Accessibility: The site is road-accessible and drill-ready throughout the year.
• Proximity to Infrastructure: The nearby Chute-de-Passe power station provides reliable
and cost-effective energy.
• Local Industrial Hub: The town of Lac -St. Jean, an industrial hub, offers a skilled
workforce and port access to the St. Lawrence River.
Coniagas Battery Metals Inc.
550 Burrard St. Suite 2900
Vancouver, B.C. V6C 0A3
Coniagas.com
Grades used above are found in GM60730 MERN; GM58807 MERN; GM61185 MERN, and the
Company’s NI 43-101 Technical Report.
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 developping
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 consul tations 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]
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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. General 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.