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home / news releases / GEM:CC - Boots-on-the-Ground Work Program commences at the Jupiter Lithium Project in James Bay Quebec


GEM:CC - Boots-on-the-Ground Work Program commences at the Jupiter Lithium Project in James Bay Quebec

(TheNewswire)


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Vancouver, BC - TheNewswire - September 12, 2023 - Green Battery Minerals Inc. (" Green" or the"Company") (TSX-V:GEM ) ( FSE:BK2P ) ( WKN:A2QENP ) ( OTC:GBMIF) is pleased to announce it has commenced a work program at thehighly prospective Jupiter Lithium Property in James Bay, followingthe successful acquisition of the project in early 2023 (see May4 th ,2023 news release) where numerous pegmatite observations have beenreported.

TomYingling , President and CEO of GEM Commented : “We are commencing aggressive 2023exploration on our Jupiter Lithium property with a ground-truthing,“Boots-on-the-ground” program. Our project, located in theresource prolific James Bay area, benefits from up to 33 pegmatitedescriptions that have been documented. We are now advancing thishistorical information and are targeting the identification ofpotential lithium -bearing minerals. Jupiter Lithium property issurrounded by some of the biggest lithium projects in North America,including the James Bay and Rose deposits, as well as Patriot BatteryMetals Inc’s (TSX-PMET) project. The findings at these projects havecreated significant shareholder value for many companies working inthe area. Based on these nearby discoveries and the presence of alarge number of documented pegmatite on the property, we believe weare well positioned to drive additional value for our shareholderstoo, contingent on the results of this program.”

Helicopter-Assisted Rock SamplingProgram

The Green Battery team is currently evaluating the 33 pegmatitelocations at the property; with a view to reviewing each during thework program that is to commence this week at the primary targetareas.

The experienced team at Axiom Group have been secured to manage thehelicopter assisted rock sampling program at the Jupiter Property. Twoteams are currently mobilizing to the KM381 base near the property tocommence the field program.

Teams will be aggressively covering the ground where the clusters ofpegmatites have been identified already, in the field, by governmentgeologists. Where favorable outcrops are encountered, Axiom Group willsystematically map and sample the outcrops and will submit the samplescollected to SRC Laboratories for comprehensive analysis following thefield program.


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Figure 1: Jupiter Property ClaimsDisposition and Pegmatite Description across the localdistrict.

About the Jupiter Property

The Jupiter Property was optioned to explore for Lithium (LCT)Pegmatites, and Rare Earth Elements (“REE”). The property is anearly-stage exploration opportunity which comprises a total of 122Quebec mineral exploration claims which amount to a total of 6406hectares. Up to 33 pegmatite occurrences have been identified bygovernment mapping completed over the property. Rock samples collectedadjacent to the property returned up to 315ppm lithium. These claimsare strategically located within the James Bay lithium prospectivityarea within which are the Nemaska Lithium, James Bay Lithium and RoseCritical Elements deposits. The Jupiter Property fulfills theCompanies goal of providing additional battery elements that go intoLithium-Ion batteries.

Property Highlights

  • The Jupiter property is located within the La Grandegeological sub-province, near the boundary with the Opinaca Subprovince within a favorable host rock comprising “typicallyporphyritic and magnetic tonalite; with minor injections of pinkpegmatite”.

  • Up to 33 pegmatite occurrences have been identified bygovernment mapping completed over the property. Rock samples collectedadjacent to the property returned up to 315ppm lithium.

  • The acquired claims are located over regionallyelevated lake bottom sediment geochemical anomalism for Lithium, withvalues up to 100ppm along the down ice trend of the property.

  • Float Plane and Helicopter accessible, approximately175 km south of Radisson, and 25 km southwest of the Eleonore Mine andAirstrip. The northern infrastructure corridor comprising ‘Rte de laBaie-James’ provincial highway and three Power transmission lines islocated approximately 35 – 50km east of the property .

Green Battery Metal Critical MineralsProperty Portfolio:

  • Berkwood Graphite Project – Quebec. Graphite Project

  • Jupiter – Quebec. Lithium Pegmatite (LCT) prospect

  • Stallion – British Columbia. Copper Prophyry, Epithermal Au+Agprospect

  • Boudrias – Quebec. Nickel Copper (PGE) prospect

About the Berkwood GraphiteProject

The Berkwood Graphite Project is located withinthe jurisdiction of Quebec, in the Manicouagan Regional CountyMunicipality, three hours driving time from the city of Baie-Comeau.Easy access is provided via a major secondary road and numeroustertiary and forest roads that traverse the property.

The Zone 1 deposit lies 8 km southwest ofNouveau Monde’s deposit which has a $3.5 billion NPV on it.  TheCompanies Zone 1 deposit, and that of Nouveau Monde, share manysimilar geological characteristics, with the Zone 1 deposit being ofexceptionally hight grade and coarse flake size by global standards.

The current mineral resource at the Berkwood GraphiteProject includes in-pit constrained resource totalling 1,755,300tonnes of indicated resources at 17.00 % Cgr and 1,526,400 tonnes ininferred resources at 16.39 % Cgr.

Table 2: In -pit Resource atLac Gueret South Project (rounded numbers)

Current Resources (as of June17 th , 2019)

Minerals Resources Category

Tonnage (Mt)

Grade (% Cgr)

Cgr (t)

Cut off

Indicated

1.76

17.0

299,200

6.81%

Inferred

1.53

16.4

250,200

6.81%

The mineral resource estimates above are described inthe technical report entitled, NI 43-101TechnicalReport Mineral Resource Estimate onthe Lac Gueret South Graphite Property, Quebec, Canada. With anEffective date of  June 30th, 2019, by Edward Lyons, PGeo., FlorentBaril, ing., and Claude Duplessis, ing.

Link to Report:

https://greenbatteryminerals.com/wp-content/uploads/ReportFINAL_compressed.pdf

Qualified Person: Mr. Luke van der Meer, P.Geo. is a Qualified Person( “QP” ) as defined by National Instrument 43-101 guidelines, and hehas reviewed and approved the technical content of this newsrelease.

Or

Qualified Person: Maxime Bouchard, Geo., M.Sc., (OGQ #1752) of LaurentiaExploration Inc. (3415, rue de l'Énergie Jonquière, Québec G7X0J6), an independent Qualified Person as defined by Canadian NI 43-101standards, has reviewed, and approved the geological informationreported in this news release.

About the Company: Green Battery Minerals is managed by a team with over 150years collectively with a proven track record of not just findingnumerous mines but building and operating them too. The Green BatteryMineral management team’s most recent success is discovering theBerkwood graphite resource in Northern Quebec. Green Battery Mineralowns this asset 100 percent, and the Company’s shareholders willbenefit from this asset as the demand for Graphite for electricvehicles increases significantly.

On Behalf of the Board of Directors

Green Battery Minerals lnc.

‘Thomas Yingling’

President, CEO & Director

2200 – 1250 Rene Levesque Blvd. Montreal, QC, H3B4W8
Phone: (438) 469-0705

#1100 - 1111 Melville Street, Vancouver , BC, V6E 3V6
Phone: (604) 343-7740

FOR MOREINFORMATION, PLEASECONTACT:

Investor Relations:
info@greenbatteryminerals.com or1-604-343-7740
www.greenbatteryminerals.com

Disclaimer for Forward-LookingInformation:
Certain statements in thisdocument which are not purely historical are forward-lookingstatements, including any statements regarding beliefs, plans,expectations or intentions regarding the future. Forward lookingstatements in this news release include that the Company will carryout the drill program described in this news release, conduct theOffering and expend funds on Berkwood Graphite Project exploration. Itis important to note that the Company's actual business outcomes andexploration results could differ materially from those in suchforward-looking statements. Risks and uncertainties include thatfurther permits may not be granted timely or at all; the mineralclaims may prove to be unworthy of further expenditure; there may notbe an economic mineral resource; methods we thought would be effectivemay not prove to be in practice or on our claims; economic,competitive, governmental, environmental and technological factors mayaffect the Company's operations, markets, products and prices; ourspecific plans and timing drilling, field work and other plans maychange; we may not have access to or be able to develop any mineralsbecause of cost factors, type of terrain, or availability of equipmentand technology; and we may also not raise sufficient funds to carryout our plans. Additional risk factors are discussed in the sectionentitled "Risk Factors" in the Company's ManagementDiscussion and Analysis for its recently completed fiscal period,which is available under Company's SEDAR profile at www.sedar.com .  No assurance can be given that any ofthe events anticipated by the forward-looking statements will occuror, if they do occur, what benefits the Company will obtain fromthem.  These forward-looking statements reflect management's currentviews and are based on certain expectations, estimates andassumptions, which may prove to be incorrect. Except as required bylaw, we will not update these forward-looking statement riskfactors.
Neither TSX Venture Exchangenor its Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this

Copyright (c) 2023 TheNewswire - All rights reserved.

Stock Information

Company Name: Green Battery Minerals Inc.
Stock Symbol: GEM:CC
Market: TSXVC
Website: greenbatteryminerals.com

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