The Prospector News

STRONG GRAPHITE ASSAY RESULTS ANNOUNCED BY GREEN BATTERY MINERALS

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

STRONG GRAPHITE ASSAY RESULTS ANNOUNCED BY GREEN BATTERY MINERALS

 

 

 

 

 

Company measures 14.41% Graphite over 19.0m on Zone 6

 

Green Battery Minerals Inc. (TSX-V: GEM) (FSE: BK2P) (WKN: A2QENP) (OTC: GBMIF) is pleased to announce assay results from its drilling program conducted at Zone 6 on its Berkwood graphite property in Quebec. The program was designed to follow up on surface work conducted over the target area last summer (see February 16, 2023 news release) and was successful in intercepting graphite mineralization at depth over the previously defined 600m of strike length with a total of 20 holes and 2058m drilled.

Tom Yingling, President and CEO of GEM commented: “We continue to produce excellent drilling results, not just in terms of composition but also in terms of quality. With only about 10% of our property fully explored, we already have 550,000 tonnes (inferred + indicated) graphite resource and these new results will add to that. As we work towards delivering a PEA, we are more than encouraged by our exploration results. With billions being invested in battery plants throughout North Amercia, it is of crucial importance that the critical minerals needed to meet demand are available. That is what GEM is doing, ensuring LIB manufactuers will have a high quality, North American source of graphite. We are positioned well and with more results to come out over the coming months, we are confident of generating substantial additional value, especially considering the $3.5 billion NPV our neighbours (Nouveau Monde, TSXV:NOU) have produced on the back of their fully explored property.”

The headline intercept was drilled down dip out of an abundance of curiosity on the most impressive outcrop. Typical high grade intercepts were approximately 4.0m long at close to true thickness with other minor intervals present throughout. Intercepts and collars are presented in Tables 1 and 2 below:

 

Table 1: Significant intercepts from the Fall 2022 drill program.

 

Table 2: Collar coordinates from the Fall 2022 drill program.

 Figure 1: Drilling and surface work on Area 1.

 Figure 2: Drilling and surface work on Area 2.

 

 Figure 3: Drilling and surface work on Area 3.

 Figure 4: Drilling and surface work on Area 4.

 

The core of the fold nose and the north limb of the structure, representing 1000m of strike length, remain untested and will require more aggressive earthworks to properly evaluate.

 

About the Berkwood Graphite Project

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

The Zone 1 deposit lies 8 km southwest of Nouveau Monde’sdeposit which has a $3.5 billion NPV on it.  The Company believes its Zone 1 deposit, and that of Nouveau Monde, share many similar geological characteristics with the Zone 1 deposit being one of the highest-grade graphite deposits in the world.

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

 

In-pit Resource at Lac Gueret South Project (rounded numbers)

 

 

The mineral resource estimates above are described in the technical report entitled, NI 43-101 Technical Report Mineral Resource Estimate on the Lac Gueret South Graphite Property, Quebec, Canada. With an Effective date of June 30th, 2019, by Edward Lyons, PGeo., Florent Baril, 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 he has reviewed and approved the technical content of this news release.

About the Company:

 

Green Battery Minerals is managed by a team with over 150 years of collective experience with a proven track record of not just finding numerous mines but building and operating them as well. The Green Battery Minerals management team’s most recent success is discovering the Berkwood graphite deposit in Northern Québec. Green Battery Minerals owns 100% of this asset and the Company’s shareholders will benefit from this asset as the demand for graphite for electric vehicles increases significantly.

Posted September 8, 2023

Share this news article

MORE or "UNCATEGORIZED"


Great Pacific Gold Announces Closing of Upsized $16.9 Million Private Placement Financing Led by Canaccord Genuity Corp

Great Pacific Gold Corp. (TSX-V: GPAC) (OTCQX: FSXLF) (FSE: V3H)... READ MORE

July 3, 2025

Ridgeline Minerals Provides Assay Results and Drill Program Updates for the Big Blue and Atlas Projects

Big Blue highlights: 0.6 meters grading 0.7% Cu, 3,194 g/t Ag and... READ MORE

July 3, 2025

Goldshore Intersects 42.7m of 1.09 g/t Au at the Eastern QES Zone of the Moss Deposit

Goldshore Resources Inc. (TSX-V: GSHR) (OTCQB: GSHRF) (FSE: 8X00)... READ MORE

July 3, 2025

Dios Sells K2 to Azimut

Dios Exploration Inc. (TSX-V: DOS) is pleased to report it has e... READ MORE

July 3, 2025

Northisle Announces Near Surface Intercepts and Higher-Grade Intercepts at Depth at West Goodspeed on its North Island Project

Highlights: Recent drilling at West Goodspeed supports the presen... READ MORE

July 3, 2025

Copyright 2025 The Prospector News