GEM NR Zone 6 Prelim Results 20221003 Page 1
GEM NR Zone 6 Prelim Results 20221003 Page 1
2200 – 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8
Phone: (438) 469-0705
#1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6
Phone: (604) 343-7740
Email: [email protected]
Website: www.greenbatteryminerals.com
GREEN BATTERY MINERALS STRENGTHEN ESG CREDENTIALS
THROUGH SUCCESSFUL AIR SEPARATION TEST OF ITS GRAPHITE
Solventless Process, Yields Graphite Grades of up to 93%, Utilizing Volt Carbon
Technologies’ Proprietary Process
VANCOUVER, BRITISH COLUMBIA – Vancouver, British Columbia, | May 16th, 202 3 – Green
Battery Minerals Inc. (the "Company") (TSX-V: GEM, FSE: BK2P, WKN: A2QENP OTC: GBMIF) is
pleased to announce it has completed a new purification test with Volt Carbon Technologies
(“VCT”) (TSXV: VCT).
One of our goals is to continue to make graphene from our large to jumbo flake graphite. This
process brings us one step closer, and significantly greener.
GEM NR Zone 6 Prelim Results 20221003 Page 2
Current purification of battery -grade anode material requires large quantities of reagents such
as sodium hydroxide and hydrofluoric acid, as well as significant amounts of water, which
consequently will be contaminated and needs to be treated before reentering the environment.
The new process utilizes air as its separation medium, thereby omitting the use of solvents and
does not produce contaminated liquid waste.
The preliminary results of the graphite ore processing test using VCT’s dry separation
Technologies yielded graphite grades to 93%, based on Thermogravimetric Analysis provided by
VCT’s laboratory in Guelph, Ontario.
High-Grade Large and Jumbo Flake Graphite Produced
The test was run utilizing 5 kg of crushed feedstock sample from the Company’s Berkwood
property. The final results yielded 146 grams of graphite flake per kilogram of crushed feedstock,
reflecting a of 14.6% yield of graphite flakes per kg of feedstock.
Importantly, the resulting flake size distribution (see Figure 1 below) showed that the majority of
the Berkwood graphite produces large and jumbo sized flakes, ideal for the production of anode
material for lithium-ion batteries (“LiBs”). Large and jumbo flakes command among the highest
graphite prices on the market of up to $2,500 per ton.
The Graphite provided by VCT was subsequently sent to a third-party lab - Base Metallurgist
Laboratories Ltd in Kamloops, for independent testing. The results, tabulated below in Figure 3,
verified that the VCT-processed sample tested yielded a graphite content of 91.55%, with total
carbon showing at 97%. These results validate the effectiveness of VCT’s current process, which
is currently being scaled up.
Management Commentary
Thomas Yingling, President and CEO of Green Battery Minerals, commented, “We are very excited
with the results of the VCT air separation test for multiple reasons. Firstly, the process eliminates
a significant amount of waste traditionally associated with the purification of graphite due to its
solventless and reagentless nature. This is a major step forward and further strengthens our
green credentials. In speaking to the automobile industry, it is obvious that ESG considerations
play a major role in purchase decisions. While graphite is in short supply, this advance positions
us well to secure market share should we reach full production. Secondly, the new process does
not hurt flake size distribution. As our property benefits from s ignificant concentrations of large
and jumbo-sized flakes, this outcome ensures we can command among the highest prices for our
graphite. This potentially disruptive technology could greatly benefit Green Battery Minerals as
we plan to move towards commercial development.”
GEM NR Zone 6 Prelim Results 20221003 Page 3
Next Steps
The Company and VCT intend to utilize a 5,000 kg Graphitic sample to produce commercial scale
samples for testing by the automotive industry and other potential customers. This next step will
also be used to more accurately determine costing, which will be significantly lower than
currently utilized processes.
Mr. Yingling added, “In addition to the process's high-quality output and green credential , we
believe that by utilizing VCT’s dry separation technology, we will have a material economic
advantage over traditionally processed graphite due to significantly lower Ca pEx and operating
costs. This should further strengthen our competitive position , and we believe this will help
position us as a major supply partner to the EV and other industries.”
Figure 1: Flake size distribution from Air Classification: recovery of 146 g/kg of feedstock
GEM NR Zone 6 Prelim Results 20221003 Page 4
Figure 2: High-Quality Large and Jumbo Flake Graphite from Air-Classified VCT Process
Products Element
Ctot Cg
Apr 4 LAB SAMPLE cut 1 x10 dil - GEM 97.0 91.55
Method LECO LECO
Units % %
Figure 3: Third-Party Verification of VCT’s Processed Graphite
Qualified Person
Christian Derosier, P.Geo ., PhD., is the qualified person (QP) as defined in National Instrument
43-101. Dr. Derosier has reviewed and approved the technical content of this news release.
About the Company: Green Battery Minerals is managed by a team with over 150 years of
collective experience with a proven track record of finding, building, running and or selling
numerous mines . The Green Battery Minerals management team’s most recent success is
discovering the Berkwood graphite resource in Northern Québec. Green Battery Minerals owns
100% of this asset, and the Company’s shareholders should benefit from this asset as the demand
for graphite for electric vehicles increases significantly. The Company also has its Jupiter Lithium
project located near some of the larget lithium mines in the James Bay area of Northern Quebec.
About Volt Carbon Technologies: Volt Carbon is a publicly traded carbon science company, with
specific interests in energy storage and green energy creation, with holdings in mining claims in
the provinces of Ontario, Quebec and British Columbia in Canada. For the latest information on
Volt Carbon’s properties and news please refer to the website www.voltcarbontech.com.
GEM NR Zone 6 Prelim Results 20221003 Page 5
Green Battery Minerals lnc.
‘Thomas Yingling‘
President, CEO & Director
FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations:
or 1-604-343-7740
[email protected] www.greenbatteryminerals.com
Disclaimer for Forward-Looking Information:
Certain statements in this document which are not purely historical are forward -looking
statements, including any statements regarding beliefs, plans, expectations or intentions
regarding the future. Forward looking statements in this news release include that the Company
will carry out the drill program described in this news release, conduct the Offering and expend
funds on Berkwood Graphite Project exploration. It is important to note that the Company’s actual
business outcomes and exploration results could differ materially from those in such forward -
looking statements. Risks and uncertainties include that further permits may not be granted
timely or at all; the mineral claims may prove to be u nworthy of further expenditure; there may
not be an economic mineral resource; methods we thought would be effective may not prove to
be in practice or on our claims; economic, competitive, governmental, environmental and
technological factors may affect t he Company’s operations, markets, products and prices; our
specific plans and timing drilling, field work and other plans may change; we may not have access
to or be able to develop any minerals because of cost factors, type of terrain, or availability of
equipment and technology; and we may also not raise sufficient funds to carry out our plans.
Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s
Management Discussion and Analysis for its recently completed fiscal period, which is available
under Company’s SEDAR profile at www.sedar.com. No assurance can be given that any of the
events anticipated by the forward-looking statements will occur or, if they do occur, what benefits
the Company will obtain from them. Th ese forward-looking statements reflect management’s
current views and are based on certain expectations, estimates and assumptions, which may
prove to be incorrect. Except as required by law, we will not update these forward -looking
statement risk factors.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
GEM NR Zone 6 Prelim Results 20221003 Page 6