Global Battery Metals Provides Update on NW Leinster Lithium Project and has Applied for Additional Claims
1
Global Battery Metals Provides Update on NW Leinster Lithium Project
and has Applied for Additional Claims
September 10, 2021 Vancouver, BC, Canada – Global Battery Metals Ltd. (the “Company” or “GBML”)
(TSXV: GBML; OTCQB: REZZF; FSE: REZ) announces that assay results from recent drilling have
been received, and provides an exploration update on its NW Leinster Lithium Project (the “NW Leinster
Project”) in the Republic of Ireland.
Aughavanagh Drilling, NW Leinster Block
The Company has completed three drill holes of a six -hole drilling program on the Aughavanagh target
area of the NW Leinster property for a total of 625.5 metres. The target area occurs at the mapped contact
between multi -phase sheeted Devonian granites and the c ontact metamorphosed metasediments of the
Ordovician-aged Ribband Group. This area therefore presents an analogous target to the Aclare and
Moylisha prospects 40km to the south -west on the Avalonia project being drilled by the Ganfeng -
International Lithium Corp. JV.
All three initial drill holes intersected several different phases of well -developed pegmatite veins with
Lithium-Cesium-Tantalum ( LCT) geochemical signatures, though lithium assays received from these
pegmatites were not significant. Lithium was , however, shown by LIBS (Laser-Induced Breakdown
Spectroscopy) analysis to be elevated Individual biotites within granites in sections of hole 3 (the most
northerly) returned Li values of between 1500ppm Li and 2638ppm, indicating passage of mineral rich
fluids with potential proximity to an LCT pegmatites, or to an albitised pegmatite which liberated the
lithium from a lithium-bearing pegmatite.
The drilling of the remaining three holes of programme will resume after target refinement and vectoring
studies utilising geochemical and petrological information from the drilling and planned compl ementary
mapping, prospecting and deep overburden sampling at Aughavanagh.
Additional Regional NW Leinster Block Claims Applied For
An application for a prospecting license for an area which adjoins and is immediately south of Ganfeng-
ILC’s Avalonia project has been made.
A recent historical data review and literature search undertaken by LRH Resources , our partner on the
project, resulted in the identification of six new prospects outside the current NW Leinster block with
spodumene-bearing (lithium) pegmatite boulder concentrations. One of these was ground-truthed and float
samples taken returned a maximum value of 2.95% Li 2O (Table 1) verifying historical prospecting. A
previous operator’s trench log records reported a 1.8m spodumene -pegmatite vein under the area of this
highest sample, however, no other information, including assays, are available in the Geological Survey
Open File archive.
2
Table 1 – Float Samples from Prospect Outside NW Leinster Block
Sample Li (ppm) Li2O eq (%)*
210724CL02 3240 0.70
210724CL03 11200 2.41
210724CL04 11000 2.37
210724CL05 13700 2.95
* Li2O % = Li ppm % (x 2.153)
An application for the relevant prospecting licence covering this area, PLA1597, which adjoins and is
immediately south of the Ganfeng-ILC’s Avalonia Project, has been made by LRH Resources and will be
operated under the current Agreement between GBML and LRH Resources.
Whilst target refinement work at Aughavanagh is completed, this new area, as well as five other regional
targets on the NW Leinster Lithium block identified in 2018 by LRH Resources, will be further investigated.
The five regional targets were initially identified by analysis of legacy, low -density soil/stream sediment
sampling data and perspectivity was confirmed by LRH Resources reconnaissance prospecting at:
1. Sorrell (1.65% Li2O in spodumene-bearing pegmatite float),
2. Scurlocks (0.65% Li2O in aplite float),
3. Knocknaboley (820ppm Li in aplite float),
4. Tonygarrow (0.99% Li2O % in spodumene-bearing pegmatite float) and,
5. Glencullen.
None of these areas have been explored by LRH-GBML to date and detailed prospecting and mapping is
planned for each area.
Qualified Person
The technical information in this news release has been prepared in accordance with Canadian regulatory
requirements and has been reviewed and approved by Vau ghan Williams, P. Geo., principal geologist at
Aurum Exploration Services Limited and Director of LRH Resources Ltd., and a “qualified person” within
the meaning of National Instrument 43-101.
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 three 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, and (3) 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 option 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.
Global Battery Metals Ltd.
Michael Murphy BA, MBA, MSc., ICD
3
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.
Cautionary Statement Regarding "Forward-Looking" Information
This press release contains certain "forward-looking statements" within the meaning of Canadian securities
legislation, relating to a drill program to be conducted on the Company’s North -West Leinster lithium
property in Ireland . Although the Company believes that such statements are reasonable, it can give no
assurance that such expectations will prove to be correct. Forward-looking statements are statements that
are not historical facts; they are generally, but not always, identified by the words "expects," "plans,"
"anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective,"
"prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could"
or "should" o ccur, or are those statements, which, by their nature, refer to future events. The Company
cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made, and they i nvolve a number of risks and uncertainties.
Consequently, there can be no assurances that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in such statements. Except to the extent
required by applicable securities laws and the policies of the TSX Venture Exchange, the Company
undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or
opinions, or other factors, should change. Factors that could cause future results to differ materially from
those anticipated in these forward-looking statements include risks associated possible accidents and other
risks associated with mineral exploration operations, the risk that the Company will encoun ter
unanticipated geological factors, the possibility that the Company may not be able to secure permitting and
other governmental clearances necessary to carry out the Company's exploration plans, the risk that the
Company will not be able to raise suffic ient funds to carry out its business plans, and the risk of political
uncertainties and regulatory or legal changes that might interfere with the Company's business and
prospects. The reader is 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.