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home / news releases / GEM:CC - Green Battery Minerals Receives Assays From Drilling Into Graphite Outcrop On Zone 6. Intersecting 28.48 Meters Of 28.37% Grade Graphite. Proving Our Concept That Our Graphite Is Open To Depth.


GEM:CC - Green Battery Minerals Receives Assays From Drilling Into Graphite Outcrop On Zone 6. Intersecting 28.48 Meters Of 28.37% Grade Graphite. Proving Our Concept That Our Graphite Is Open To Depth.

(TheNewswire)



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VANCOUVER, BRITISH COLUMBIA TheNewswire - May 6th. 2022 Green Battery Minerals Inc. (“GreenBattery” or the “Company”) (TSXV:GEM, FSE:BK2P, WKN:A2QENPOTC:GBMIF) – is pleased to provide initial assay resultsfrom twelve diamond drill holes that were completed as part of theCompany’s successful first phase of drilling on the newly discoveredZone 6 area at the Berkwood Graphite Project, situated 280 km north ofBaie-Comeau, Quebec .   The program drilled into theoutcrops and proved up our concept that our graphite is open todepth.

A total of 12 exploratory drill holes were completed for a total of970 metres.  Six of the twelve drill locations were drilled intooutcrops and intersected significant graphite enrichment.   The other6 holes where exploratory holes meant to explore various areas on ourairborne geophysical anomaly.

Tom Yingling, President and CEO states, “ We are very pleased to announce that ourmaiden drill program on Zone 6 has not only confirmed the presence ofGraphite in numerous holes but that we have some significantintersects of graphite testing as high as 28 percent.  Maiden drillprograms on a new geophysical target are always risky so having suchgreat results right out of the gate is very encouraging.  Zone 6 is awhole new graphitic body located only a short distance away from ourexisting resource located at Zone 1.  Now that we have compiled thedata from the 12 holes drilled on Zone 6, we can pinpoint future drilllocations planned for the Summer drill program.”

Highlights intersections from initialZone 6 assay results:

BK6-21-01 intersected 39.3 m of graphite enrichment from 28.0 m to67.3 m  and 8 m of graphite enrichment from 15.0 m to 23.0 m, for atotal of 46 samples submitted.

BK6-21-04 intersected 13.2m graphite enrichment from 26.0 m to 40.0 mfor a total of 11 samples submitted.

BK6-21-07 with 9.3m graphite enrichment from 32.0 m to 41.3 m for atotal of 12 samples submitted.

Table 1: Summary of Zone 6 graphite mineralisation intercepts.


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Click Image To View Full Size

We were only able to drill intooutcrops 1 and 2 as the terrain was too steep to get the drill intoposition on the other outcrops.   Summer drilling will be much betterto set the drill up on these other outcrops.  The Company is excitedto drill into these remaining outcrops as all of them have been testedand assays have shown that they contain graphite as high as 40percent.

Below are pictures of the graphite outcrop on the side of the hill.

Table 2: Summary of Zone 6 graphite mineralisation intercepts.

HOLE-ID

FROM (m)

TO (m)

LENGTH

LITHOLOGY

(m)

BK6-21-01

15.0

23.0

8.0

Graphite Zone

BK6-21-01

28.0

67.3

39.3

Graphite Zone

BK6-21-04

26.0

40.0

14.0

Graphite Zone

BK6-21-07

32.0

41.3

9.3

Graphite Zone

BK6-21-08

41.5

49.9

8.2

Graphite Zone

BK6-21-10

16.5

19.0

2.5

Graphite Zone

BK6-21-11

44.6

47.0

2.4

Graphite Zone

The above intervals are drilling lengths, not true widths, because thetrue orientation of the enrichment horizons has not yet beenestablished.


Click Image To View Full Size

Figure 1: Zone 6 Drill holelocations and down-hole traces.

The programs first drill hole (BK6-21-01) encountered a cumulativetotal of 43.3 m of graphite enrichment contained within two distinctenriched horizons, the drilling intersected the enriched horizons atan oblique angle thus true thicknesses are not known. While the fourthdrillhole (BK6-21-04), located to scissor the successful intersectionfrom the first hole to confirm grade thickness of the graphiteenrichment, the precise orientation of the intersected enrichedhorizons is not known therefore true thicknesses cannot be inferred.

Drillhole BK6-21-07 and BK6-21-08 targeted enriched horizons betweenBK6-21-04 and BK6-21-05 to further confirm further continuation of thegraphite horizon along strike. These two drillholes were successfuland intersected enrichment from 32.0 m to 41.3 m (9.3 m graphiteenrichment) and 41.7 m to 49.9 m (8.2 m graphite enrichment)respectively.

BK6-21-10, and BK6-21-11 similarly targeted along strike extensionsfrom BK6-21-01 toward the west and intersected 2.5 m of graphiteenrichment from 16.5 m to 19.0 m , and 2.4 m of graphite enrichment,from 44.6 m to 47.0 m in BK6-21-11

The 2021 drilling focused on the southern limb of the interpreted foldstructure, the successful intersections suggest a structurallycontrolled antiform hosts the graphite enriched horizons, anddistribution is broadly coincident with the magnetic anomaly, thecompany intends to complete additional structural mapping followed byfurther confirmation drilling in Q2/Q3 of 2022.

Table 3: Summary of Phase 1 drill hole locations and down holespecifications.

HOLE-ID

EASTING

NORTHING

ELEVATION

LENGTH

AZIMUTH

DIP

(UTM NAD 83)

(UTM NAD 83)

(m AMSL)

(m)

(degree)

(degree)

BK6-21-01

487536

5651586

471

102

190

-50

BK6-21-02

487200.7

5651750.6

433

33

225

-50

BK6-21-03

487202

5651760

435

102

45

-50

BK6-21-04

493085

5655730

455

79

77

-50

BK6-21-05

487553

5651475

491

87

45

-50

BK6-21-06

487553

5651475

491

24

45

-88

BK6-21-07

487537

5651536

495

102

51

-50

BK6-21-08

487537

5651536

495

102

0

-50

BK6-21-09

487455

5651601.2

452

102

10

-50

BK6-21-10

487368

5651714.6

452

102

20

-50

BK6-21-11

487280

5651930

441

102

320

-50

BK6-21-12

487420

5652102

429

33

210

-50

QA /QC Comments

Eighty-six diamond drill core samples of sawncore have been collected from core lengths usually varying from 0.3 to1.50 m depending upon geological and mineralogical constraints. Every tenth sample, a QAQC measure was entered in the samplesubmission in the order of standard-blank-standard-duplicate. Thestandard selected is OREAS 723; a certified reference materialcontaining 5.87% TGC (Total Graphitic Carbon). For the eighty-six coresamples submitted, there were ten QAQC samples – 11.5%.

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 washed, 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%.

Qualified Perso n: AlexanderBeloborodov (P.Geo) is a Qualified Person (“QP”) as defined byNational Instrument 43-101 guidelines, and he has reviewed andapproved the technical 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.

Copyright (c) 2022 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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