Global Battery Metals Announces Fixed-Loop and Borehole Electromagnetic Surveying Underway at Sawyer Camp Nickel-Copper Project in Michigan Near-term Geophysics Campaign Comprised of an 8 Line-km TDEM and BHEM Survey
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Global Battery Metals Announces Fixed-Loop and Borehole Electromagnetic
Surveying Underway at Sawyer Camp Nickel-Copper Project in Michigan
Near-term Geophysics Campaign Comprised of an 8 Line-km TDEM and BHEM Survey
June 30, 2022, Vancouver, British Columbia – Global Battery Metals Ltd. (the “Company” or “GBML”)
(TSXV: GBML; OTCQB: REZZF; Frankfurt: REZ), an international critical mineral exploration and
development company focused on growth -oriented battery metal projects, is pleased to announce that a
combination of fixed -loop time domain electromagnetic ( “TDLEM”) and borehole electromagn etic
(“BHEM”) surveying work has commenced on its Sawyer Camp Nickel -Copper Project in the Upper
Peninsula of Michigan.
The BHEM downhole surveys are being completed on two strategically located scout holes (~ 1,000 ft.
deep), while a n 8 line-km TDLEM ground survey has been initiated to identify potential conductors
representing nickel-copper sulphide mineralization. The geophysical survey is being completed by Crone
Geophysics & Exploration Ltd.
This is the first of three targets that GBML plans to test in Michigan.
Please see the Company's Sawyer Camp Project Overview for additional program details, in addition to
the latest version of the Company’s Investor Presentation available for download from the GBML
website (www.gbml.ca).
About Global Battery Metals Ltd.
GBML is a mineral exploration company with a focus on metals that make up and support the rapid
evolution to battery power. GBML's common shares are listed on the TSX Venture Exchange and Frankfurt
Stock Exchange and quoted on the OTCQB. GBML currently has five projects: (1) an option to acquire up
to a 90% in the North -West Leinster lithium property in Ireland; (2) a 100% interest in the Lithium King
Property in Utah; (3) an option to acquire up to a 100% interest in the Lapoile lithium project in
Newfoundland; (4) an option to lease the Sawyer Camp prospective nickel-copper project in Michigan; and
(5) a 55% stake in Peru-based Lara copper property, which has over 10,000 meters of drilling. As previously
disclosed, Minsur S.A., a Peruvian mining company, entered into an option agreement (the “Lara Property
Option Agreement”) with GBML and Lara Exploration Ltd. to acquire the Lara copper property for staged
payments of USD$5.75 million. The Lara Property Option Agreement also provides for a 0.75% net smelter
royalty in favor of GBML.
Global Battery Metals Ltd.
Michael Murphy BA, MBA, MSc., ICD
President & CEO
T: 604-649-2350
Neither the 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.
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Cautionary Statement Regarding "Forward-Looking" Information
This news release contains certain "forward -looking information" and "forward -looking statements"
(collectively "forward-looking statements") within the meaning of applicable securities legislation. All
statements, other than statements of historical fact, included herein, without limitation, statements relating
the future operations and activities of the Company, are forward -looking statements. Forward -looking
statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”,
“intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events,
conditions, or results “will”, “may”, “could”, or “should” occur or be achieved. Forward-looking statements
in this news release relate to, among other things, the Company’s exploration plans, including TDLEM and
BHEM surveying work being conducted on the Company’s Sawyer Camp Nickel -Copper Project in the
Upper Peninsula of Michigan, United States. There can be no assurance that such statements will prove to
be accurate, and actual results and future events could differ materially from those anticipated in such
statements. Forward -looking statements reflect the beliefs, opinions, and projections on the date the
statements are made and are based upon a number of assumptions and estimates that, while considered
reasonable by the Company, are inherently subject to significant business, economic, competitive, political
and social uncertainties and contin gencies. Many factors, both known and unknown, could cause actual
results, performance, or achievements to be materially different from the results, performance or
achievements that are or may be expressed or implied by such forward -looking statements and the parties
have made assumptions and estimates based on or related to many of these factors. Such factors include,
without limitation, the ability to complete proposed exploration work given the global COVID -19
pandemic, the results of exploration, contin ued availability of capital, and changes in general economic,
market and business conditions. Readers should not place undue reliance on the forward-looking statements
and information contained in this news release concerning these items. Readers are urged to refer to the
Company's reports, publicly available through the Canadian Securities Administrators' System for
Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion
of such risk factors and their potential effects. The Company does not assume any obligation to update the
forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except
as required by applicable securities laws.