Green Battery Minerals Receives Assays from Drilling into Graphite Outcrops on Zone 1. Intersecting 19.5 metres of 35.52% Grade Graphite and 51.20 meters of 22.61% Grade Graphite.
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 Receives Assays from Drilling into Graphite
Outcrops on Zone 1. Intersecting 19.5 metres of 35.52% Grade Graphite and
51.20 meters of 22.61% Grade Graphite.
VANCOUVER, BRITISH COLUMBIA – Vancouver, British Columbia, | Aug. 11, 2022 –
Green Battery Minerals Inc. (the "Company") (TSXV: GEM) (OTC: CZSVF) is pleased to provide
assay results from 11 diamond drill holes that were completed as part of the Company’s successful
Zone 1, resource infill and expansion drilling at the Berkwood Graphite Project, situated 280 km
north of Baie-Comeau, Quebec.
Tom Yingling, President and CEO of Green Battery states “ these further drill results on Zone 1
will help expand our current resource estimate of indicated (1.76 Mt @ 17% Cgr) and inferred
(1.53 Mt @ 16.4 Cgr) graphite. The results are consistent with existing grades.”
The program which was commenced on 1st April 2022 was completed for a total of 11 holes and
1,152 meters. Highlights of these holes include.
• BK1-46-22 - 51.2m (from 42.2m) at 22.61%, including 21m (from 43.7m) at 30.09%, and
including 12.1m (from 75.3m) at 28.52%
• BK1-47-22 - 45.95m (from 66.05m) at 17.58%, including 9.05m (from 67.55m) at 26.26%,
and including 10.5m (from 100.7m) at 29.96%
• BK1-50-22 - 36.1m (from 72.9m) at 18.46%, including 10.5m (from 75.9m) at 31.73%
• BK1-51-22 - 62m (from 47m) at 16.37% , including 9m (from 48.5m) at 29.71% , and
including 12m (from 69.5m) at 27.68%
• BK1-52-22 - 58m (from 50m) at 11.44%, including 9m (from 51.5m) at 28.85%
• BK1-54-22 - 42.5m (from 43m) at 14.74% including 13m (from 44.5m) at 24.07%
• BK1-55-22 - 46.5m (from 56m) at 21.97% including 19.5m (from 80m) at 35.52%
GEM NR Zone 1 Results 20220809 Page 1
Table 1: Summary of Zone 1 graphite enrichment intersections
Hole ID From (m) To (m) Interval (m) Grade
(% TCG) Cut Off
BK1-46-22 9 9.74 0.74 21.91
and 10.19 11.05 0.86 16.86
and 11.28 12.24 0.96 16.56
and 17.7 18.95 1.25 5.14
and 30.67 32.32 1.65 20.00
and 37.1 39.5 2.40 20.80
and 42.2 93.4 51.20 22.61
including 42.2 63.2 21.00 30.09 20%
and including 75.3 87.4 12.10 28.52 20%
BK1-47-22 8.6 14.6 6.00 27.77
and 36.55 39.84 3.29 7.21
and 42.84 44.85 2.01 9.68
and 66.05 112 45.95 17.58
including 66.05 75.1 9.05 26.26 20%
and including 100.7 111.2 10.50 29.96 20%
BK1-48-22 84.2 85.56 1.36 6.12
and 98.3 100.2 1.90 29.64 20%
and 109.5 112.5 3.00 4.27
BK1-49-22 4.7 7 2.30 12.73
and 13.7 14.15 0.45 1.16
and 22.6 24.65 2.05 1.45
and 33.2 33.8 0.60 6.22
and 48.38 48.9 0.52 9.01
BK1-50-22 7.32 7.58 0.26 16.90
and 72.9 109 36.10 18.46
and including 75.9 86.4 10.50 31.73 20%
BK1-51-22 9.7 11.4 1.70 32.68 20%
and 47 109 62.00 16.37
including 47 56 9.00 29.71
and including 69.5 81.5 12.00 27.68
BK1-52-22 14.5 45 30.50 8.02
and 50 108 58.00 11.44
including 51.5 60.5 9.00 28.85 20%
BK1-53-22 21.5 26 4.50 1.76
and 35.5 37.5 2.00 2.69
and 43 89 46.00 8.72
and 99.5 102.5 3.00 14.19
BK1-54-22 19.5 25.5 6.00 1.80
and 43 85.5 42.50 14.74
including 43 56 13.00 24.07 20%
and 95 96 1.00 3.75
and 108 109 1.00 10.40
BK1-55-22 8.25 10.75 2.50 4.98
and 28.75 29.3 0.55 31.60 20%
and 56 102.5 46.50 21.97
including 80 99.5 19.50 35.52 20%
BK1-56-22 18 21 3.00 7.28
and 77 81 4.00 4.80
and 92 96 4.00 10.78
GEM NR Zone 1 Results 20220809 Page 2
The above intervals are drilling lengths, not true widths, because the true orientation of the
enrichment horizons is highly deformed and folded and has not yet accurately been established.
The infill drilling focused on the core of the syncline at the west of the deposit area, infilling at the
‘nose’ of the syncline continued to produce wide intersection in, and adjacent to areas of known
graphite enrichment. Step out drilling along the southern limb of the of the interpreted fold
structure was completed and graphite enrichment encountered suggest additional structural
controls disrupt the continuity of the enrichment horizon to the east. This distribution is broadly
coincident with the magnetic anomaly.
QA / QC Comments
A total of 347 diamond drill core samples of ½ cut core were collected, individual sample lengths
vary from 0.3 to 1.50 m depending upon geological and mineralogical constraints. Every tenth
sample was submitted as a standard, blank, or duplicate. The standard used was OREAS 723; a
certified reference material containing 5.87% TGC (Total Graphitic Carbon).
Samples were delivered to MSALABS in Langley, British Columbia, an ISO accredited
laboratory. There they were crushed to a nominal minus 2 mm, split into representative sub-
samples and then pulverized to at least 85% minus 75 microns before collecting sub-sample pulps
for each of the core samples.
All sub -sample pulps were analysed for both Total Carbon + Total Sulphur (SPM -512) and
Graphite Carbon (SPM -140). The Graphite Carbon analysis process involves the sample to be
ashed, leached, and the residue measured by induction. The detection range for this analysis is
between 0.02-50%, while the SPM-512 detection limit for both Carbon and Sulphur is 0.01-50%.
Figure 1: Zone 1 Drill hole locations and down-hole traces.
GEM NR Zone 1 Results 20220809 Page 3
Table 2: Summary of drill hole locations and down hole specifications.
HOLE-ID EASTING NORTHING ELEVATION LENGTH AZIMUTH DIP
(UTM NAD
83)
(UTM NAD
83) (m AMSL) (m) (degree) (degree)
BK1-46-22 493189 5655689 626 100 0/360 -65
BK1-47-22 493117 5655668 665 112 0/360 -50
BK1-48-22 493285 5655688 656 121 0/360 -50
BK1-49-22 493384 5655742 637 109 0/360 -50
BK1-50-22 493074 5655677 662 109 0/360 -50
BK1-51-22 493074 5655677 662 109 0/360 -75
BK1-52-22 493019 5655699 651 109 45 -50
BK1-53-22 493025 5655694 631 110 60 -70
BK1-54-22 493063 5655711 641 55 0/360 -75
BK1-55-22 493153 5655671 642 109 0/360 50
BK1-56-22 493239 5655684 659 109 0/360 -50
About the Berkwood Graphite Project
The Berkwood Graphite Project is located within the jurisdiction of Quebec, in the Manicouagan
Regional County Municipality, three hours driving 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.
The Zone 1 deposit lies 8 km southwest of Mason Graphite’s deposit which is the subject of a
current feasibility study. The Company believes its Zone 1 deposit and that of Mason share many
similar geological characteristics with the Zone 1 deposit being one of the highest -grade graphite
deposits in the world.
The current mineral resource at the Berkwood Graphite Project includes in -pit constrained
resource totalling 1,755,300 tonnes of indicated resources at 17.00 % Cgr and 1,526,400 tonnes in
inferred resources at 16.39 % Cgr.
Table 3: In-pit Resource at Lac Gueret South Project (rounded numbers)
The mineral resource estimates above are described in the technical report entitled, NI 43-101
Technical Report Mineral Resource Estimate on the Lac Gueret South Graphite Property, Quebec,
Canada. With an Effective date of June 19th, 2019, dated June 30th, 2019, by Edward Lyons, PGeo.,
Florent Baril, ing., and Claude Duplessis, ing. Link to Report:
https://greenbatteryminerals.com/wp-content/uploads/ReportFINAL_compressed.pdf
GEM NR Zone 1 Results 20220809 Page 4
Qualified Person: Luke van der Meer (P.Geo) is a Qualified Person (“QP”) as defined by National
Instrument 43-101 guidelines, and he 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 not just finding numerous mines but building
and operating them as well. The Green Battery Minerals management team’s most recent success
is discovering the Berkwood graphite deposit in Northern Québec. Green Battery Minerals owns
100% of this asset and the Company’s shareholders will benefit from this asset as the demand for
graphite for electric vehicles increases significantly.
On Behalf of the Board of Directors
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 his torical 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 sta tements.
Risks and uncertainties include that further permits may not be granted timely or at all; the mineral claims may prove to be unworthy 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 the Company’s operations, mar kets, 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 suf ficient 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 eve nts anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.
These forward -looking statements reflect management’s current views and are based on certain expectations, estimates and as sumptions, 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.