FCI.V · 2023-10-19 12:00:00

Green Battery Minerals Identifies Numerous New Pegmatite Outcrops at its Jupiter Lithium Project in James

Exploration Programs

1 | Page # 2200 – 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8Phone: (438) 469-0705

# 1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6 Phone: (604) 343-7740

Green Battery Minerals Identifies

Numerous New Pegmatite Outcrops at

its Jupiter Lithium Project in James

Bay, Quebec

Green Battery Minerals: The Jupiter Lithium Project

https://www.youtube.com/watch?v=oHOwaile89g

October 19 th, 2023 VANCOUVER, B.C. Green Battery Mi nerals Inc. (" Green" or the

"Company") (TSX-V: GEM, FSE: BK2P, WKN: A2QENP OTC: GBMIF) is pleased to

announce that it has completed a preliminary reconnaissance and rock chip sampling program at

its highly prospective Jupiter Lithium Property in James Ba y. The Boots on the Ground work

program was completed mid-September, during which period field crews successfully identified

2 | Page # 2200 – 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8Phone: (438) 469-0705

# 1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6 Phone: (604) 343-7740

and sampled numerous previously undocumented Pegmatite outcrops. In total, the Company

collected 48 samples, which were delivered to SGS Laboratories for geochemical assay and

analysis.

Tom Yingling , President and CEO of GEM Commented : “Having found a large number of

previously unidentified pegmatites at our James Bay Jupiter lithium property we have added

significant potential value to this exciting proj ect,” stated CEO Tom Yingling. “We are eagerly

anticipating the outcome of our sampling work, especially considering the major lithium

resources identified proximal to the Jupiter property. This field program was an enormous

success and has not only expanded our understanding of the geological lands cape but has also

opened up exciting possibilities for further exp loration. The remaining unexplored pegmatites

hold further potential for additional resource discovery.”

Helicopter-Assisted Rock Sampling Program: Preliminary Results.

During the Company’s inaugural exploration program, the team found a number of previously

undocumented pegmatites on the property and were successfully able to visit approximately half

the historically recorded pegmatites. These impressive coarse -grained pegmatites were found to

be up to 30 m wide and extended along strike for 100’s of meters. These large dyke-like structures

presented logistical advantages providing direct helicopter access to the most intriguing outcrops

on the property, emphasizing their importance.

Figure 1: Dyke-like Pegmatitic outcrop at the North end of the Jupiter Property.

3 | Page # 2200 – 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8Phone: (438) 469-0705

# 1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6 Phone: (604) 343-7740

Figure 2: Geological field crews on an expansive Pegmatitic outcrop at the North end of the

Jupiter Property.

A total of 48 samples were collected from pe gmatitic outcrops across the property, including

samples from at least 10 discrete pegmatite intrusives in the northern part of the property. Multiple

distinct pegmatitic generations were observe d on the property, all di splaying encouraging

indications of mineral zonation and evolved fractionation acro ss the multitude of pegmatites

observed.

4 | Page # 2200 – 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8Phone: (438) 469-0705

# 1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6 Phone: (604) 343-7740

Figure 3: Figure 3: Overview of northern sampling areas with large outcropping dyke like

pegmatites.

The 51 samples (including three QAQC samples) collected have been submitted to SGS

Laboratories in Val-d'Or Quebec to be analyzed by four acid 54 element analysis – sodium

peroxide fusion, ICP-AES / ICP-MS analysis incl uding Li, Cs & Ta. The results are anticipated

to be delivered in 6 – 8 weeks. This analysis will allow us to utilize invaluable geochemical

pathfinder proxy indicator methods in vectoring for lithium mineralized pegmatite dykes on the

Property.

This field program was an enormous success and has not only expanded our understanding of the

geological landscape but has also opened up exci ting possibilities for further exploration and

research. The remaining unexplored pegmatites hold the potential for additional revelations,

which could significantly contribute to our knowledge of pegmatite geology and potential mineral

resources in the region.

5 | Page # 2200 – 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8Phone: (438) 469-0705

# 1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6 Phone: (604) 343-7740

Figure 3: 2023 Rock sample Locations, Jupiter Property Claims Disposition and Pegmatite

Description across the local district.

6 | Page # 2200 – 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8Phone: (438) 469-0705

# 1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6 Phone: (604) 343-7740

About the Jupiter Property

The Jupiter Property was optioned to explore for Lithium bearing Lithium-Cesium-Tantalum

(“LCT”) Pegmatites and for potential Rare Earth Elements (“REE”) deposits. The property is an

early-stage exploration opportunity which comprises a total of 122 Quebec mineral exploration

claims which amount to a total of 6,406 hectares. Up to 33 pegmatite occurrences were identified

by historical government mapping, rock samples collected adjacent to the property returned up to

315ppm lithium. These claims are strategically located within the James Bay lithium prospectivity

area within which are the Nemaska Lithium, Ja mes Bay Lithium and Rose Critical Elements

deposits. The Jupiter Property meets Company’ s goal of discovering deposits that host the

elements critical to Lithium-Ion batteries.

Property Highlights

 The Jupiter property is located within the La Grande geological sub-province in an area

known to comprise porphyritic and magnetic tonalites charac terised by later injections

of pink pegmatite.

 Up to 33 pegmatite occurrences have been identified by government mapping completed

over the property. Rock samples collected adjacent to the property returned up to 315ppm

lithium.

 The Jupiter claims are located over regionally elevated lake bottom sediment geochemical

anomalism for Lithiu m, with values up to 100ppm along the down ice trend of the

property.

 Float Plane and Helicopter accessible, approx imately 175 km south of Radisson, and 25

km southwest of the Eleonore Mine and Airstrip. The north ern infrastructure corridor

comprising ‘Rte de la Baie -James’ provincial highway an d three Power transmission

lines are located approximately 35 – 50km east of the property.

Green Battery Metal Critical Minerals Property Portfolio:

 Berkwood Graphite Project – Quebec. Graphite Project

 Jupiter – Quebec. Lithium Pegmatite (LCT) prospect

 Stallion – British Columbia. Copper Porphyry, Epithermal Au+Ag prospect

 Boudrias – Quebec. Nickel Copper (PGE) prospect

About the Berkwood Graphite Project

The Berkwood Graphite Project is located within the jurisdiction of Quebec, in the Manicouagan

Regional County Municipality, three hours drivi ng time from the city of Baie-Comeau. Easy

access is provided via a major secondary road and numerous tertiary and forest roads that traverse

the property.

7 | Page # 2200 – 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8Phone: (438) 469-0705

# 1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6 Phone: (604) 343-7740

The Zone 1 deposit lies 8 km southwest of Nouveau Monde’s deposit which has a $3.5 billion

NPV on it. The Companies Zone 1 deposit, a nd that of Nouveau Mo nde, share many similar

geological characteristics, with the Zone 1 deposit being of ex ceptionally high grade and coarse

flake size by global standards.

The current mineral resource at the Berkwood Gr aphite Project includes in-pit constrained

resource totalling 1,755,300 tonnes of indica ted resources at 17.00 % Cgr and 1,526,400 tonnes

in inferred resources at 16.39 % Cgr.

Table 2: In-pit Resource at Lac Gueret South Project (rounded numbers)

Current Resources (as of June 17th, 2019)

Minerals Resources