Global Battery Metals Reports Knockeen Lithium Pegmatite Trenching Results, Including 2.55% Li2O Sample at Just Two Metres Depth Assays Confirm Near-Surface Lithium Find Along Spodumene Pegmatite Dike System at Leinster Lithium Project, Ireland
Global Battery Metals Reports Knockeen Lithium Pegmatite Trenching
Results, Including 2.55% Li2O Sample at Just Two Metres Depth
Assays Confirm Near-Surface Lithium Find Along Spodumene Pegmatite Dike System
at Leinster Lithium Project, Ireland
Vancouver, British Columbia – December 12, 2023 – Global Battery Metals Ltd. (the “Company” or
“GBML” or “ Global Battery Metals ”) (TSXV: GBML; OTCQB: REZZF; Frankfurt: REZ), an
international critical mineral exploration company focused on growth -oriented lithium and battery metal
projects, is pleased to announce assay results from the initial Knockeen shallow trench sampling program
of 1-2m depth completed in December 2023 at GBML’s Leinster Lithium Project in Ireland.
Highlights:
• Assay results (see Table 1) show lithium mineralization in all five trench samples collected at 1m
intervals along the exposed spodumene pegmatite dike , grading as high as 2.55% Li2O (source:
ALS Laboratories, Loughrea, Ireland).
• Several grab samples taken from large pegmatite boulders unearthed in the trench at depths
between 1-2m returned grades as high as 3.00% Li2O.
• This trench pegmatite is interpreted to be the same pegmatite intersected at 30m depth in drill hole
23-1597-02 and at 60m depth in drill hole 23-1597-03.
• Rock and trench profile soil assay results will be used for 2024 exploration planning on the prospect
and at several other target areas on licence property.
• This dike is just one of the spodumene bearing dikes intersected in the drilling which form a broadly
NE-SW trending dike swarm of up to seven dikes in 24 separate intercepts in nine diamond cored
drill holes.
Michael Murphy, CEO of Global Battery Metals, said: “We’re thrilled to see 2.55% Li2O at just two metres
depth. Successful exploration is about resource discovery paired with strong economics, and the
implication of hitting high grades at near -surface levels can lead to lower drilling costs and increased
efficiencies in exploration . In general, we know that samples from this area grade up to 3.5%, but the
consistency that we continue to see is key to securing serious commercial partners. Still, just knowing that
a pick and shovel can get us to 2.55% has me thinking about the district-scale opportunities ahead.”
Sample ID Trenched Dike Samples - 1m Intervals Li ppm Li2O%
AES62943 Metre 1- Dec 2023 3,090 0.67
AES62844 Metre 2 - Dec 2023 2,830 0.61
AES62945 Metre 3 - Dec 2023 11,850 2.55
AES62946 Metre 4 - Dec 2023 1,500 0.32
AES62947 Metre 5 - Dec 2023 4,270 0.92
Sample ID Grab Samples - Trenched Boulders Li ppm Li2O%
AES62948 Grab 1 - Dec 2023 13,950 3.00
AES62949 Grab 2 - Dec 2023 10,100 2.17
AES62950 Grab 3 - Dec 2023 9,200 1.98
Table 1: Highlight results from Knockeen Lithium Pegmatite Trenching Program (December 2023)
* Li2O % = Li ppm % (x 2.153)
Trench Results
The current trench was designed to confirm a historical trenched spodumene occurrence intersected by a
previous operator in the mid-1970s. The new trench lies 25m along trend and to the east of the old trench
and forms a “T” shape by first cross cutting the pegmatite dike with a 25m N-S trench (23-1597-TR01) and
then exposing the dike along five metres of its length to the west (23-1597-TR02) towards the historical
trench occurrence (see Images 1 & 5).
The pegmatite intersected in the trench contained spodumene crystals along its exposed length and five
chip samples across the width of the dike were collected at 1m intervals (see Images 1 & 2). Assays from
these samples, AES62943 to AES62947, are shown in Table 1 and the detailed sample location data from
the trench is shown in Image 2. The spodumene pegmatite dike comprises of the coarsely bladed white
lithium mineral spodumene (see Image 3) along with variable amounts of quartz and feldspar. Three grab
samples, AES62948 to AES62950, were also collected from large blocks of spodumene pegmatite lying
immediately above the actual bedrock in the trench (see Image 4). A series of soil profile samples were
also collected from along the length of the trench and over the exposed spodumene pegmatite. The results
from these samples are pending and will provide valuable information on lithium dispersion within
different parts of the overburden profile going forward.
All samples were analyzed and reported by ALS Laboratories in Ireland. Work on this small footprint of
field area was undertaken in close association with the landowner and the Company will rehabilitate the
trenched area back to the original field condition on completion.
The trenching has assisted greatly in the interpretation of the spodumene bearing pegmatite dikes
encountered in the 2023 summer drilling program. The dikes both in the trench and the drilling dip north
westwards at approximately 40 degrees. This trench pe gmatite is interpreted to be the same pegmatite
intersected at 30m depth in drill hole 23 -1597-02 and at 60m depth in drill hole 23 -1597-03. This gives a
total down dip extension of at least 100m from surface. This dike is just one of the spodumene bearing
dikes intersected in the drilling which form a broadly NE-SW trending dike swarm of up to seven dikes in
24 separate intercepts in nine diamond cored drill holes.
Image 1: Knockeen Lithium Pegmatite Shallow Trench
Pictured is a cross cut intersection (facing north) of the lithium pegmatite dike
Image 2: Knockeen Lithium Pegmatite Shallow Trench
Chip sampling and assay results
Image 3: Knockeen Lithium Pegmatite Shallow Trench
High grade spodumene pegmatite crystals within sample AES62945 (2.55% Li2O)
Image 4: Knockeen Lithium Pegmatite Shallow Trench
The spodumene pegmatite boulder unearthed from the shallow trench at Knockeen
that yielded a 3.00% Li2O sample AES62949
Image 5: Knockeen Lithium Pegmatite Shallow Trench (Detail)
Location of historical trench and recent drilling
Geology & Structure
The property lies along part of a 135km long regional structural trend of known lithium-bearing pegmatite
bedrock occurrences, situated along the south -eastern margin of the Leinster Granite Massif and centred
on the Aclare and Moylisha occurrences which were discovered during 1960s and 1970s and are currently
being explored by Blackstairs Lithium (under the Ganfeng – International Lithium joint venture).
This trend is focused along and within a broad regional NE -SW trending structural zone termed the East
Carlow Deformation Zone (“ECDZ”) which runs for over 135km along the SE flank of the Leinster Granite
Massif between Dublin in the NE and north of New Ross to the SW. A recent detailed regional structural
review and interpretation by the Company using remote sensing data and regional geophysical data sets
confirmed that PLA 1597 lies within the key ECDZ structural zone.
The Knockeen target area lies directly within this zone as it passes through the northern margin of the
Backstairs Granite Pluton whilst the southern part of the license is cross cut by a splay of the ECDZ which
passes south westwards along the southern ma rgin of the Backstairs Granite Pluton. This southerly splay
has been termed the North Wexford Deformation Zone ( “NWDZ”) and provides a second highly
prospective trend for the focus for ground exploration activities Several target areas have already been
identified for detailed prospecting and mapping which will commence over the coming months.
About the Leinster Lithium Project
Located south of Dublin in the counties of Wicklow and South Carlow, the Leinster Lithium Project
consists of 16 prospecting license areas covering approximately 525km² situated along strike to nearby
Blackstairs Lithium’s Avalonia Project (297 km² joint venture between Ganfeng Lithium Co. Ltd. and
International Lithium Corp.). All of GBML’s license holdings are located within or along the important
East Carlow Deformation Zone, which is interpreted to control the emplacement of an existing LCT
pegmatite field at the Blackstairs Mountains.
With first phase drilling concluded at Knockeen, GBML has succeeded in identifying a new and structurally
controlled LCT pegmatite system of significance, importantly recording 24 intervals of lithium bearing
spodumene pegmatites intersected across nine holes drilled. The spodumene pegmatites range in width
between 0.10m up to 0.63m (true width) with the highest values grading up to 2.57% Li2O. No drilling has
ever been carried out at the Knockeen Prospect previously and intersecting lithium bearing pegmati tes in
all of the holes drilled so far is considered a major technical success for the Company. Prior surface
exploration activities identified and confirmed expansive surface boulder trains of lithium pegmatite
lithologies in a number of areas across the Company’s property, with recent assay results of 66 rock samples
analyzed by ALS Laboratories earlier this year returning Li2O% lithium contents ranging up to 3.75% Li2O
/ 17,410 ppm li.
Responsibility to the Environment
All mineral exploration activities in Ireland take place under the auspices of the GSRO, a division within
the Government Department of the Environment, Communications & Climate Change. Exploration is
governed under the framework of both Irish and EU legislation that has been implemented to ensure that
the environment is protected during exploratory work. Prospecting license holders must comply with all of
the relevant legislation. The Company is pleased to confirm that it adheres to the highest standards of good
practice in relation to its ongoing exploration activities h aving completed a detailed GSRO “Appropriate
Assessment” process prior to commencement which was reviewed, approved and signed off by the
appropriate oversight authorities. GBML’s Directors understand that social license is key to unlocking
positive exploration outcomes by following low impact / low sound / low disturbance exploration program
best practice for environmental sensitivity.
Competent Person
All scientific and technical information in this announcement has been prepared under the supervision of
and reviewed and approved by EurGeol Vaughan Williams, M.Sc., P.Geo., (Principal of Aurum
Exploration Services currently providing exploration services to GBML and to LRH Resources Limited),
a “qualified person” within the meaning of National Instrument 43-101.
Quality Assurance/Quality Control
Quality Assurance/Quality Control (“ QA/QC”) of drill core samples and associated assay results are
monitored by GBML through a QA/QC protocol which includes the insertion of blind standard reference
materials, blanks, and duplicates at regular intervals. Core is drilled in HQ core diameter and each 3 metres
of core recovered is orientated by the drilling contractor on completion of each run drilled. Drill core is laid
out in strong core boxes and tran sported by Company geologists from the drill rig to GBML's secure
logging facility. Drill core is then logged using an established logging procedure capturing detailed
lithological data as well as measuring all structural elements using a Reflex IQ Logger for accurate
orientation of all contacts and structures. The core is marked up for sampling and sawn on site using a
diamond core saw. Half core samples are then bagged and secured using plastic cable ties and the samples
are then securely transported to ALS Laboratory (“ALS”) facilities in County Galway, Republic of Ireland.
Samples are analyzed for lithium as well as multi - elemental trace elements using the specific LCT
pegmatite analytical suite ME -MS89L offered by ALS. ALS also performs its own interna l QA/QC
procedures to assure the accuracy and integrity of results. GBML is unaware of any drilling, sampling,
recovery, or other factors that could materially affect the accuracy or reliability of the data referred to
herein.
About Global Battery Metals Ltd.
GBML is an international mineral exploration and development company with a focus on lithium and other
metals that comprise and support the rapid evolution to battery power. GBML currently maintains
economic interests in three battery metal projects: (1) a n option to acquire up to a 90% interest in the
Leinster Lithium Property and drill program currently underway in Ireland; (2) a 100% interest in the drill-
ready 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. 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 Exchange) 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
to 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
Project. 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 exploration
work, the results of exploration, continued availability of capital, and changes in general economic, market
and business conditions, and the receipt of any required regulatory approvals. Readers should not place
undue reliance on the forward -looking state ments and information contained in this news release
concerning these items. Readers are urged to refer to the Company's reports for a more complete discussion
of such risk factors and their potential effects, publicly available at SEDAR+, the Canadian Sec urities
Administrators' national system that all market participants use for filings and disclosure, at
www.sedarplus.ca. 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.