Global Battery Metals Files Drilling Permit Application for Leinster Lithium Project in Ireland
Global Battery Metals Files Drilling Permit Application for
Leinster Lithium Project in Ireland
March 30, 2023, Vancouver, British Columbia – Global Battery Metals Ltd. (the “ Company” or
“GBML”) (TSXV: GBML; OTCQB: REZZF; Frankfurt: REZ), a critical mineral exploration
company focused on growth -oriented lithium and other battery metal projects, announces that the
drilling permit application for its Leinster Lithium Project (the “Property” or the “Project”) has been
submitted. Ten drill holes are planned to test to a depth of approximately 200m.
The submission outlines a staged diamond core drilling program and comes on the heels of the recently
announced (see March 20, 2023 press release) potential discovery of up to six LCT (lithium-cesium-
tantalum) pegmatite dikes extending across a prospective lithium trend at Prospecting Licence Area
1597 (“PLA 1597” or the “Knockeen Prospect”).
Significant sampling and mapping across the Knockeen Prospect was conducted throughout the second
half of 2022, with the most recent assay results of 66 rock samples released by ALS Laboratories
returning Li2O% lithium contents ranging up to 3.75 % Li2O (see January 18, 2023 press release).
In conjunction with this work, a detailed deep overburden (base of till) program was recently completed
for a total of 373 samples covering an area of 600m x 450m over the location of an extensive spodumene
pegmatite float boulder train and an associated historically reported trenched bedrock occurrence. The
interpreted geochemical results (see Figure 1) indicate the potential discovery of up to six LCT (lithium-
cesium-tantalum) pegmatite dikes across the Knockeen Prospect shallow depths of between 1m – 7m
below ground surface.
The area of the exploration is centred on a locality where a forty -year-old historical company report
from Irish Base Metals described a trench excavated at Knockeen Townland which un covered in
bedrock, a 1.8m thick spodumene-bearing pegmatite vein.
Competent Person
All scientific and technical information in this announcement has been prepared under the supervision
of and reviewed and approved by EuroGeol Vaughan Williams M.Sc. P.Geo . (Principal of Aurum
Exploration Services currently provides exploration services to GBML and to LRH), a “qualified
person” within the meaning of National Instrument 43 -101.Vaughan Williams is also company
secretary of LRH.
Please see the Company's Leinster 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).
Figure 1: Deep Overburden sampling grid showing anomalous lithium (ppm) in linear trends
across the Knockeen Prospect.
About Global Battery Metals Ltd.
GBML is an international mineral exploration and development company with a focus on metals that
comprise and support the rapid evolution to battery power. GBML currently maintains economic
interests in four battery metal 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 La Poile lithium project in Newfoundland; and (4) a 55% stake in
Peru-based Lara copper property, which has over 10,000 metres of drilling. As previously disclosed,
Minsur S.A., a Peruvian mining company, entered into an opt ion agreement with GBML and Lara
Exploration Ltd. to acquire the Lara copper property for staged payments of USD$5.75 million. GBML
will retain a 0.75% net smelter royalty. GBML's common shares are listed on the TSX Venture
Exchange (TSXV: GBML); Frankfurt Stock Exchange (FSE: REZ); and are quoted on the OTC Markets
(OTCQB: REZZF).
Global Battery Metals Ltd.
Michael Murphy BA, MBA, MSc., ICD
President & CEO
T: 604-649-2350
W: www.gbml.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Excha nge) accepts responsibility for the adequacy or accuracy of this
release.
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 at the
Leinster Lithium Property. 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 contingencies. 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, continued 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.