GEM:CC - Green Battery Minerals Receives Assays from Drilling into Graphite Outcrops on Zone 1. Intersecting 19.5 metres of 35.52% Grade Graphite and 51.20 meters of 22.61% Grade Graphite.

August, 11 2022 04:00 AM Green Battery Minerals Inc.

(TheNewswire)

VANCOUVER, BRITISH COLUMBIA – TheNewswire - Aug. 11 , 2022 – Green Battery Minerals inc. (the"Company") (TSXV:GEM) (OTC:CZSVF) is pleased to provideassay results from 11 diamond drill holes that were completed as partof the Company’s successful Zone 1, resource infill and expansiondrilling at the Berkwood Graphite Project, situated 280 km north ofBaie-Comeau, Quebec.

Tom Yingling, President and CEO of Green Battery states “ these further drill results on Zone 1 willhelp expand our current resource estimate of indicated (1.76 Mt @ 17%Cgr) and inferred (1.53 Mt @ 16.4 Cgr) graphite. The results areconsistent with existing grades.”

The program which was commenced on 1st April 2022 was completed for atotal of 11 holes and 1,152 meters. Highlights of these holesinclude.

BK1-46-22 - 51.2m (from 42.2m)at 22.61%, including 21m (from 43.7m) at 30.09%, and including 12.1m(from 75.3m) at 28.52%
BK1-47-22 - 45.95m (from66.05m) at 17.58%, including 9.05m (from 67.55m) at 26.26%, andincluding 10.5m (from 100.7m) at 29.96%
BK1-50-22 - 36.1m (from 72.9m)at 18.46%, including 10.5m (from 75.9m) at 31.73%
BK1-51-22 - 62m (from 47m) at16.37%, including 9m (from 48.5m) at 29.71%, and including 12m (from69.5m) at 27.68%
BK1-52-22 - 58m (from 50m) at11.44%, including 9m (from 51.5m) at 28.85%
BK1-54-22 - 42.5m (from 43m)at 14.74% including 13m (from 44.5m) at 24.07%
BK1-55-22 - 46.5m (from 56m)at 21.97% including 19.5m (from 80m) at 35.52%

Table 1 : Summary of Zone 1graphite enrichment intersections

Hole ID
From (m)
To (m)
Interval (m)
Grade (% TCG)
Cut Off
BK1-46-22
9
9.74
0.74
21.91

and
10.19
11.05
0.86
16.86

and
11.28
12.24
0.96
16.56

and
17.7
18.95
1.25
5.14

and
30.67
32.32
1.65
20.00

and
37.1
39.5
2.40
20.80

and
42.2
93.4
51.20
22.61

including
42.2
63.2
21.00
30.09
20%
and including
75.3
87.4
12.10
28.52
20%
BK1-47-22
8.6
14.6
6.00
27.77

and
36.55
39.84
3.29
7.21

and
42.84
44.85
2.01
9.68

and
66.05
112
45.95
17.58

including
66.05
75.1
9.05
26.26
20%
and including
100.7
111.2
10.50
29.96
20%
BK1-48-22
84.2
85.56
1.36
6.12

and
98.3
100.2
1.90
29.64
20%
and
109.5
112.5
3.00
4.27

BK1-49-22
4.7
7
2.30
12.73

and
13.7
14.15
0.45
1.16

and
22.6
24.65
2.05
1.45

and
33.2
33.8
0.60
6.22

and
48.38
48.9
0.52
9.01

BK1-50-22
7.32
7.58
0.26
16.90

and
72.9
109
36.10
18.46

and including
75.9
86.4
10.50
31.73
20%
BK1-51-22
9.7
11.4
1.70
32.68
20%
and
47
109
62.00
16.37

including
47
56
9.00
29.71

and including
69.5
81.5
12.00
27.68

BK1-52-22
14.5
45
30.50
8.02

and
50
108
58.00
11.44

including
51.5
60.5
9.00
28.85
20%
BK1-53-22
21.5
26
4.50
1.76

and
35.5
37.5
2.00
2.69

and
43
89
46.00
8.72

and
99.5
102.5
3.00
14.19

BK1-54-22
19.5
25.5
6.00
1.80

and
43
85.5
42.50
14.74

including
43
56
13.00
24.07
20%
and
95
96
1.00
3.75

and
108
109
1.00
10.40

BK1-55-22
8.25
10.75
2.50
4.98

and
28.75
29.3
0.55
31.60
20%
and
56
102.5
46.50
21.97

including
80
99.5
19.50
35.52
20%
BK1-56-22
18
21
3.00
7.28

and
77
81
4.00
4.80

and
92
96
4.00
10.78

The above intervals are drilling lengths, not true widths, because thetrue orientation of the enrichment horizons is highly deformed andfolded and has not yet accurately been established.

The infill drilling focused on the core of the syncline at the west ofthe deposit area, infilling at the ‘nose’ of the synclinecontinued to produce wide intersection in, and adjacent to areas ofknown graphite enrichment. Step out drilling along the southern limbof the of the interpreted fold structure was completed and graphiteenrichment encountered suggest additional structural controls disruptthe continuity of the enrichment horizon to the east. Thisdistribution is broadly coincident with the magnetic anomaly.

QA /QC Comments

A total of 347 diamond drill core samples of ½cut core were collected, individual sample lengths vary from 0.3 to1.50 m depending upon geological and mineralogical constraints. Every tenth sample was submitted as a standard, blank, or duplicate.The standard used was OREAS 723; a certified reference materialcontaining 5.87% TGC (Total Graphitic Carbon).

Samples were delivered to MSALABS in Langley, British Columbia, an ISOaccredited laboratory. There they were crushed to a nominal minus 2mm, split into representative sub-samples and then pulverized to atleast 85% minus 75 microns before collecting sub-sample pulps for eachof the core samples.

All sub-sample pulps were analysed for both Total Carbon + TotalSulphur (SPM-512) and Graphite Carbon (SPM-140). The Graphite Carbonanalysis process involves the sample to be ashed, leached, and theresidue measured by induction. The detection range for this analysisis between 0.02-50%, while the SPM-512 detection limit for both Carbonand Sulphur is 0.01-50%.

Click Image To View Full Size

Figure 1: Zone 1 Drill holelocations and down-hole traces.

Table 2 : Summary of drill holelocations and down hole specifications.

HOLE-ID
EASTING
NORTHING
ELEVATION
LENGTH
AZIMUTH
DIP

(UTM NAD 83)
(UTM NAD 83)
(m AMSL)
(m)
(degree)
(degree)
BK1-46-22
493189
5655689
626
100
0/360
-65
BK1-47-22
493117
5655668
665
112
0/360
-50
BK1-48-22
493285
5655688
656
121
0/360
-50
BK1-49-22
493384
5655742
637
109
0/360
-50
BK1-50-22
493074
5655677
662
109
0/360
-50
BK1-51-22
493074
5655677
662
109
0/360
-75
BK1-52-22
493019
5655699
651
109
45
-50
BK1-53-22
493025
5655694
631
110
60
-70
BK1-54-22
493063
5655711
641
55
0/360
-75
BK1-55-22
493153
5655671
642
109
0/360
50
BK1-56-22
493239
5655684
659
109
0/360
-50

Aboutthe Berkwood Graphite Project

The Berkwood Graphite Project is located within the jurisdiction ofQuebec, in the Manicouagan Regional County Municipality, three hoursdriving time from the city of Baie-Comeau. Easy access is provided viaa major secondary road and numerous tertiary and forest roads thattraverse the property.

The Zone 1 deposit lies 8 km southwest of Mason Graphite’s depositwhich is the subject of a current feasibility study. The Companybelieves its Zone 1 deposit and that of Mason share many similargeological characteristics with the Zone 1 deposit being one of thehighest-grade graphite deposits in the world.

The current mineral resource at the Berkwood Graphite Project includesin-pit constrained resource totalling 1,755,300 tonnes of indicatedresources at 17.00 % Cgr and 1,526,400 tonnes in inferred resources at16.39 % Cgr.

Table 3 : In-pit Resource at LacGueret South Project (rounded numbers)

Click Image To View Full Size

The mineral resource estimates above are described in the technicalreport entitled, NI 43-101 Technical Report Mineral Resource Estimateon the Lac Gueret South Graphite Property, Quebec, Canada. With anEffective date of June 19 th , 2019, dated June 30 th , 2019, by Edward Lyons, PGeo., Florent Baril, ing., andClaude Duplessis, ing. Link to Report:

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

Qualified Person : Luke van derMeer (P.Geo) is a Qualified Person (“QP”) as defined by NationalInstrument 43-101 guidelines, and he has reviewed and approved thetechnical content of this news release.

About the Company: GreenBattery Minerals is managed by a team with over 150 years ofcollective experience with a proven track record of not just findingnumerous mines but building and operating them as well. The GreenBattery Minerals management team’s most recent success isdiscovering the Berkwood graphite deposit in Northern Québec. GreenBattery Minerals owns 100% of this asset and the Company’sshareholders will benefit from this asset as the demand for graphitefor electric vehicles increases significantly.

On Behalf of the Board of Directors

Green Battery Minerals lnc.

‘Thomas Yingling‘

President, CEO & Director

FOR MORE INFORMATION, PLEASECONTACT:

Investor Relations:

or 1-604-343-7740

info@greenbatteryminerals.com www.greenbatteryminerals.com

Disclaimer for Forward-LookingInformation:

Certain statements in this documentwhich are not purely historical are forward-looking statements,including any statements regarding beliefs, plans, expectations orintentions regarding the future. Forward looking statements in thisnews release include that the Company will carry out the drill programdescribed in this news release, conduct the Offering and expend fundson Berkwood Graphite Project exploration. It is important to note thatthe Company’s actual business outcomes and exploration results coulddiffer materially from those in such forward-looking statements. Risksand uncertainties include that further permits may not be grantedtimely or at all; the mineral claims may prove to be unworthy offurther expenditure; there may not be an economic mineral resource;methods we thought would be effective may not prove to be in practiceor on our claims; economic, competitive, governmental, environmentaland technological factors may affect the Company’s operations,markets, products and prices; our specific plans and timing drilling,field work and other plans may change; we may not have access to or beable to develop any minerals because of cost factors, type of terrain,or availability of equipment and technology; and we may also not raisesufficient funds to carry out our plans. Additional risk factors arediscussed in the section entitled “Risk Factors” in theCompany’s Management Discussion and Analysis for its recentlycompleted fiscal period, which is available under Company’s SEDARprofile at www.sedar.com. No assurance can be given that any of theevents anticipated by the forward-looking statements will occur or, ifthey do occur, what benefits the Company will obtain from them. 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 Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.

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

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