Green, Clean, Reduce, Reuse, Recharge! GREEN BATTERY MINERALS Samples 9.0m of 17.02% on Surface at Zone 6
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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, Clean, Reduce, Reuse, Recharge!
GREEN BATTERY MINERALS Samples 9.0m of 17.02% on
Surface at Zone 6
February 1 6, 2023, VANCOUVER, B.C. Green Battery Minerals Inc. (” Green” or the
“Company”) (TSX -V: GEM, FSE: BK2P, WKN: A2QENP OTC: GBMIF) is pleased to
announce assay results from the surface work conducted at Zone 6 last summer. The program was
planned to follow up on a previous prospecting efforts covering a regional EM anomaly, as well
as prepare trails for a subsequent drill program which took place last autumn and for which assays
are still pending.
A total of 4 areas of graphite outcrop over a strike length of ~600m were exposed and cleaned for
the collection of 117 channel samples. An additional 19 grab samples were collected over a total
strike length of ~1600m at Zone 6. Surface observations indicate that Zone 6 is a fold with separate
limbs extending westwards from a fold nose at Area 4. Graphite encountered on surface during
this campaign proved to be much broader than initially discovered during the 2019 prospecting
campaign where teams were limited to hand tools (see October 1, 2019 news release), however
steep terrain prevented the excavator from reaching core of the fold nose.
Graphite horizons were consistently noted amidst the quartz rich gneisses in the lower section of
the highly prospective Mehinek formation and often in association with a hornblende -garnet-
amphibole gneiss which marks the base of the graphite rich paragneiss unit.
Notable results from the channel sampling are presented in the table and Figures 1-4 below:
Area 1 9.0m @ 17.02% Cgr
Area 2 4.2m @ 18.15% Cgr
Area 3 8.2m @ 13.30% Cgr
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8.7m @ 9.53% Cgr
7.8m @ 20.70% Cgr
Area 4 7.7m @ 7.49% Cgr
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Figure 1: Surace sampling from Area 1.
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Figure 2: Surface sampling from Area 2.
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Figure 3: Surface sampling from Area 3.
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Figure 4: Surface sampling from Area 4.
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Additional grab sampling along the strike of the EM anomaly to the northwest has confirmed
graphite mineralization over a total strike length of ~1600m (Figure 5).
Figure 5: Surface sampling across Zone 6.
All 4 graphite outcrops with channel sampling were drilled with multiple holes during the
subsequent drill campaign (see October 6, 2022 news release). Assays are expected sometime in
March.
Tom Yingling, President and CEO of Berkwood: “Our systematic exploration of Zone 6 deepened
our understanding of the geology and structure and yielded 4 excpetional graphite outcrops as
targets for the subsequent drill campaign. We look forward to releasing these results when assays
are received in March.”
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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 2: 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
Qualified Person: Mr. 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
collectively with a proven track record of not just finding numerous mines but building and
operating them too. The Green Battery Mineral management team’s most recent success is
discovering the Berkwood graphite resource in Northern Quebec. Green Battery Mineral owns this
asset 100 percent, and the Company’s shareholders will benefit from this asset as the de mand for
Graphite for electric vehicles increases significantly.
On Behalf of the Board of Directors