Megawatt Wraps Up Field Program at Route 381 Lithium Project, Quebec, Canada, Assays Pending
Megawatt Wraps Up Field Program at Route 381 Lithium Project, Quebec,
Canada, Assays Pending
Vancouver, British Columbia--(August 18, 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 concluded the previously announced sampling and prospecting field work at
the Route 381 Lithium Project in the James Bay hard rock lithium district. A total of 56 surface
samples, 51 of which were channel samples, were taken from multiple pegmatite dykes on the
property. Prospecting was further carried out on southern extremity outcrops and the “West Dyke”
before it dipped under cover. In total this dyke was traceable for over 350m, and at its most
southern extremity had widened out to 2.5m. Surface samples from multiple pegmatite dykes on the
property including the “West”, “East” “North/South” and PR dykes show visible spodumene in many
samples. The PR Dyke was well exposed for over 250m. This dyke was spodumene bearing and
averaged 1m wide. The channel samples which will provide information on the continuity of lithium
mineralization as well as 5 grab samples. The samples were delivered to ALS Laboratories facility in
Val d’Or, Quebec where they will be prepared for analysis before shipping to the main Vancouver
facility.
David Thornley-Hall, CEO of Megawatt, comments: “We look forward to reviewing the results of our
sampling survey at Route 381. The results will bring us one step closer to defining and prioritizing a
drill program on the property.”
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.
About MegaWatt Lithium and Battery Metals Corp.
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 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.