GREEN BATTERY MINERALS SHIPS GRAPHITE BULK SAMPLE TO VOLT CARBON FOR WATERLESS PROCESSING TRIAL Optimization of VOLT’s Dry Technology Expected to Deliver Reduced Environmental Footprint, Retained Premium Product Quality
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 SHIPS GRAPHITE BULK SAMPLE TO VOLT
CARBON FOR WATERLESS PROCESSING TRIAL
Optimization of VOLT’s Dry Technology Expected to Deliver Reduced
Environmental Footprint, Retained Premium Product Quality
and Lower Processing Costs
VANCOUVER, BRITISH COLUMBIA, August 2nd, 2023, – Green Battery Minerals Inc. (“GEM”, TSX-
V: GEM, FSE: BK2P, WKN: A2QENP OTC: GBMIF) in conjunction with Volt Carbon Technologies
Inc. (“VCT” or “Volt Carbon”, TSX-V: VCT, OTCQB: TORVF, BERLIN: WNF) is pleased to announce
that GEM has excavated and shipped approximately 27 tonnes of graphite from its Berkwood
property to VOLT Carbon for processing using its proprietary air separation technology. The VCT
technology produces no effluent and promises significantly low er operating costs upon scaling
(refer GEM press release of June 5, 2023).
Approximately 27 tonnes of graphitic mineralization were collected from zones 1 and 6 (figure 1)
and have since been delivered to VOLT. The sample will be used in a trial aimed at upsizing VOLT’s
technology to commercial scale capability and is expected to validate the technology’s green
credentials as well as provide data to reduce processing cost.
Figure 1: Geology of the Berkwood property, claims perimeter and location of samples taken at
zones 1 and 6.
The bulk sample was planned and supervised by Laurentia Exploration Inc. The coordinates of
the two (2) graphite bulk samples are presented in the table 1 below. The samples were collected
by mechanical tre nching and oriented orthogonal to the mineralized lens . Trenches were
developed to a constant depth, to ensure, as far as possible, homogeneous and representative
sampling.
Zone UTM E (NAD83 Zone 19) UTM N (NAD83 Zone 19) Length (m) Azimuth
1 493077 5655747 9 330N
6 487554 5651581 9 190N
Table 1: Berkwood property Bulk samples coordinates.
Figure 2 shows the bulk sample pit on zone 6. As the excavator dug down to the bedrock we
discover the outcrop expanded and extended in all directions. Figure 3 , is at the entrance to
Zone 1 and shows both the skids full of rock samples from the bulk sample pit and digger loaded
and ready for transportation.
Figure 2: Low-cost surface excavation of outcropping graphite at the Berkwood Project bulk
sample site on Zone 6.
Figure 3: Bulk sample material being loaded at the Berkwood Project Zone 1 site, for on road
delivery to VOLT Carbon.
Tom Yingling, Green Battery Minerals CEO, commented, “ Our collaboration with VOLT looks to
innovation to improve the graphite beneficiation paradigm toward a cleaner EV value chain. We
are confident that large flake natural graphite resources will remain in high demand owing to the
EV / battery revolution and we believe that meaningful innovation in processing will position GEM
to be in a strong position to include high-performance cleantech in future project feasibility work.
By focusing on a process that achieves high separation efficiencies without compromising the
quality of end-products we improve our potential to become a supplier to the lithium-ion battery
market.”
V-Bond Lee, President and CEO of V olt Carbon, added, “ With access to GEM's graphite vi a our
partnership, we are empowered to expedite the advancement of our technology towards
commercialization. We believe our dry separation technology has the potential to effectively
tackle critical challenges in the graphite mining industry, particularly concerning waste
generation and costs. By resolving these obstacles, we are further facilitating the widespread
adoption of essential, environmentally beneficial technologies.”
Figure 4: GEM’s graphite arriving at Volt Carbon
About VOLT Carbon
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.
About GEM
Green Battery Minerals, is managed by a team with over 150 years of collective experience with
a proven track record of mine discovery, commissioning and operation. Green Battery Minerals
owns 100% of the Berkwood graphite deposit in Québec. Green Battery Minerals’ goal is to define
sufficient graphite to ensure Berkwood graphite deposit will be resourced to mine high-demand
product in sufficient quantities to comprise a significant feed the electric vehicle battery market
for multiple decades.
The in-pit constrained min eral resources at the Berkwood Graphite Project includes 1,755,300
tonnes at 17.00 % graphite (“ Cgr”) (indicated resources) and 1,526,400 tonnes at 16.39 % Cgr
(inferred resource).
In-pit Resource at Lac Gueret South Project (rounded numbers)
The above referenced mineral resource estimate is described in a technical report : “ 43-101
Technical Report Mineral Resource Estimate on the Lac Gueret South Graphite Property, Quebec,
Canada”, with an effective date of June 19th, 2019 and dated June 30th, 2019, by Edward Lyons,
PGeo., Florent Baril, ing., and Claude Duplessis, ing.
The report is available online on SEDAR and at:
https://greenbatteryminerals.com/wp-content/uploads/ReportFINAL_compressed.pdf
Qualified Person
Maxime Bouchard, Geo., M.Sc., (OGQ #1752) of Laurentia Exploration Inc. (3415, rue de l'Énergie
Jonquière, Québec G7X 0J6), an independent Qualified Person as defined by Canadian NI 43-101
standards, has reviewed, and approved the geological information reported in this news release.
(NOTE 1: Source of what is inside a battery: https://elements.visualcapitalist.com/the-key-
minerals-in-an-ev-battery/)
On behalf of the Board of Directors of Green Battery Minerals Inc,
Thomas Yingling
President, CEO & Director
Contacts:
Tel: (604-343-7740)
[email protected] www.greenbatteryminerals.com
On behalf of the Board of Directors of Volt Carbon Technologies Inc,
V-Bond Lee, P. Eng.
CEO, President, Chairman of the Board and Director
Contacts:
Email: [email protected]
Tel: (647-546-7049)
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.
FORWARD LOOKING STATEMENTS: This press release contains forward -looking statements,
within the meaning of applicable securities legislation, concerning Volt’s business and affai rs. In
certain cases, forward-looking statements can be identified by the use of words such as “plans”,
“expects” or “does not expect”, “intends” “budget”, “scheduled”, “estimates”, “forecasts”,
“intends”, “anticipates” or variations of such words and phrases or state that certain actions,
events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.
These forward-looking statements are based on current expectations and are naturally subject to
uncertainty and changes in circumstances that may cause actual results to differ
materially. Forward-looking statements involve significant risks and uncertainties, should not be
read as guarantees of future performance or results, and will not necessarily be accurate
indications of whether or not such results will be achieved. Such statements include the statement
with respect to: (i) GEM’s and Volt Carbon’s belief that large and jumbo sized flakes attain
premium pricing due to their high- end performance as anode material for lithiu m-ion batteries;
(ii) the ability of Volt Carbon to collect sufficient data during the feasibility phase to allow Volt
Carbon to reasonably estimate the capital expenditures required to manufacture the proprietary
portable machinery needed to conduct the bulk-sampling phase; (iii) the expectation that the ore
processing will cost an aggregate of $50K/ton; (iv) the expectation that Volt Carbon will need to
raise additional capital to fund the manufacture of the portable machinery; (v) the expectation
that the flake graphite extracted from the bulk -samples will be saleable; (vi) the belief by GEM
and Volt Carbon that the sale of the flake graphite extracted from the bulk -samples will result in
profits. A number of factors, including those discussed above, could cause actual results to differ
materially from the results discussed in the forward- looking statements. Any such forward-
looking statements are expressly qualified in their entirety by this cautionary statement.
All of the forward-looking statements made in this press release are qualified by these cautionary
statements. Readers are cautioned not to place undue reliance on such forward- looking
statements. Forward -looking information is provided as of the date of this press release, and
GEMK and Volt assum e no obligation to update or revise them to reflect new events or
circumstances, except as may be required under applicable securities legislation.