Megawatt Contracts Orix Geoscience for Follow Up Survey at Route 381 Lithium Project, Quebec
LEGAL_36058574.1
Megawatt Contracts Orix Geoscience for Follow Up Survey at Route 381
Lithium Project, Quebec
Vancouver, British Columbia—(October 1, 2021) - Megawatt Lithium and Battery Metals Corp.
(CSE:MEGA) (FSE: WR20) (OTC PINK: WALRF) (the "Company" or "Megawatt") is pleased to
announce that it has contracted Orix Geoscience of Toronto, Ontario (“Orix”) for an airborne drone
survey at the Route 381 Lithium project in the James Bay , Quebec. The project is comprised of 40
mineral claims covering 2,126 hectares located in James Bay Territory, north of Matagami. The
Route 381 Lithium Property is located directly west of and adjacent to Stria Lithium Inc.’s Pontax-
Lithium project.
Orix will fly over the entire property with the objective of identifying and mapping the wider
sections of dykes on the property which are prospective for lithium. In this way the airborne survey
is intended to identify additional prospective areas for follow up sampling. This large property is of a
size that the sampling program completed in August of this year investigated under 10% of the
ground earmarked for exploration. The results of the August program did not generate positive
results and do not warrant further geological investigation in the section of the property that the
August survey addressed.
David Thornley-Hall, CEO of Megawatt, comments: “We look forward to receiving a proper overview
of the potential of the property that an airborne survey can provide.”
Qualified Person
Mr. Geoffrey Reed (MAusMM (CP)) (MAIG), Consultant for the Company, is a qualified person as
defined by National Instrument 43-101 – Standards of Disclosure or Mineral Projects and has
reviewed the scientific and technical information in this press release.
Technical Information
All scientific and technical information in this news release has been prepared by, or approved by
Geoffrey Reed, (MAusMM (CP)) (MAIG), Consultant for the Company. Mr. Reed is a qualified person
for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
Mr. Reed has not verified any of the information regarding any of the properties or projects referred
to herein other than the Route 381 Lithium Project. Mineralization on any other properties referred
to herein is not necessarily indicative of mineralization on the Route 381 Lithium Project.
About MegaWatt Lithium and Battery Metals Corp.
LEGAL_36058574.1
MegaWatt is a British Columbia based company involved in the acquisition and exploration of
mineral properties in Canada. The Company holds a 100% undivided interest, subject to a 1.5% NSR
on all base, rare earth elements and precious metals, in the Cobalt Hill Property, consisting of eight
mineral claims covering an area of approximately 1,727.43 hectares located in the Trail Creek Mining
Division in the Province of British Columbia, Canada.
Additionally, the Company has acquired a 60% interest in a company that indirectly holds a 100%
interest (subject to a 2% NSR) in two prospective silver-zinc projects in Australia, being the Tyr Silver
Project and the Century South Silver-Zinc Project (see press release dated August 13, 2020) an
indirect 100% interest (subject to a 1% NSR) in mining tenements in Northern Territory and New
South Wales, Australia prospective for nickel-cobalt-scandium, uranium and rare earths and a 100%
interest (subject to a 2% NSR) in and to the Route 381 Lithium Property, comprised of 40 mineral
claims located in James Bay Territory, north of Matagami in the Province of Quebec, covering 2,126
hectares (see press release dated February 3, 2021).
Investors can learn more about the Company and team at https://megawattmetals.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
David Thornley-Hall Chief Executive Officer
The CSE does not accept responsibility for the adequacy or accuracy of this release.
This press release includes "forward-looking information" that is subject to a number of
assumptions, risks and uncertainties, many of which are beyond the control of the Company.
Forward-looking statements may include but are not limited to, statements relating to the trading of
the Company's common shares on the Exchange and the Company's use of proceeds and are subject
to all of the risks and uncertainties normally incident to such events. Investors are cautioned that
any such statements are not guarantees of future events and that actual events or developments
may differ materially from those projected in the forward- looking statements. Such forward-looking
statements represent management's best judgment based on information currently available. No
securities regulatory authority has either approved or disapproved of the contents of this news
release.