• Green Battery Minerals: The Jupiter Lithium Project  

October 19th, 2023 – TheNewswire - VANCOUVER, B.C. - Green Battery Minerals Inc. (" Green" or the "Company") (TSXV:GEM), (FSE:BK2P), (WKN:A2QENP), (OTC:GBMIF) is pleased to announce that it has completed a preliminary reconnaissance and rock chip sampling program at its highly prospective Jupiter Lithium Property in James Bay. The Boots on the Ground work program was completed mid-September, during which period field crews successfully identified and sampled numerous previously undocumented Pegmatite outcrops. In total, the Company collected 48 samples, which were delivered to SGS Laboratories for geochemical assay and analysis. 

Tom Yingling, President and CEO of GEM Commented: “Having found a large number of previously unidentified pegmatites at our James Bay Jupiter lithium property we have added significant potential value to this exciting project,” stated CEO Tom Yingling. “We are eagerly anticipating the outcome of our sampling work, especially considering the major lithium resources identified proximal to the Jupiter property. This field program was an enormous success and has not only expanded our understanding of the geological landscape but has also opened up exciting possibilities for further exploration. The remaining unexplored pegmatites hold further potential for additional resource discovery.” 

Helicopter-Assisted Rock Sampling Program: Preliminary Results. 

During the Company’s inaugural exploration program, the team found a number of previously undocumented pegmatites on the property and were successfully able to visit approximately half the historically recorded pegmatites. These impressive coarse-grained pegmatites were found to be up to 30 m wide and extended along strike for 100’s of meters. These large dyke-like structures presented logistical advantages providing direct helicopter access to the most intriguing outcrops on the property, emphasizing their importance. 

Figure 1: Dyke-like Pegmatitic outcrop at the North end of the Jupiter Property.

Figure 2: Geological field crews on an expansive Pegmatitic outcrop at the North end of the Jupiter Property.

A total of 48 samples were collected from pegmatitic outcrops across the property, including samples from at least 10 discrete pegmatite intrusives in the northern part of the property. Multiple distinct pegmatitic generations were observed on the property, all displaying encouraging indications of mineral zonation and evolved fractionation across the multitude of pegmatites observed.Figure 3: Figure 3: Overview of northern sampling areas with large outcropping dyke like pegmatites.

The 51 samples (including three QAQC samples) collected have been submitted to SGS Laboratories in Val-d'Or Quebec to be analyzed by four acid 54 element analysis – sodium peroxide fusion, ICP-AES / ICP-MS analysis including Li, Cs & Ta. The results are anticipated to be delivered in 6 – 8 weeks. This analysis will allow us to utilize invaluable geochemical pathfinder proxy indicator methods in vectoring for lithium mineralized pegmatite dykes on the Property. 

This field program was an enormous success and has not only expanded our understanding of the geological landscape but has also opened up exciting possibilities for further exploration and research. The remaining unexplored pegmatites hold the potential for additional revelations, which could significantly contribute to our knowledge of pegmatite geology and potential mineral resources in the region.  

Figure 4: 2023 Rock sample Locations, Jupiter Property Claims Disposition and Pegmatite Description across the local district.

About the Jupiter Property

The Jupiter Property was optioned to explore for Lithium bearing Lithium-Cesium-Tantalum (“LCT”) Pegmatites and for potential Rare Earth Elements (“REE”) deposits. The property is an early-stage exploration opportunity which comprises a total of 122 Quebec mineral exploration claims which amount to a total of 6,406 hectares. Up to 33 pegmatite occurrences were identified by historical government mapping, rock samples collected adjacent to the property returned up to 315ppm lithium. These claims are strategically located within the James Bay lithium prospectivity area within which are the Nemaska Lithium, James Bay Lithium and Rose Critical Elements deposits. The Jupiter Property meets Company’s goal of discovering deposits that host the elements critical to Lithium-Ion batteries.

Property Highlights

• The Jupiter property is located within the La Grande geological sub-province in an area known to comprise porphyritic and magnetic tonalites characterised by later injections of pink pegmatite. 

• Up to 33 pegmatite occurrences have been identified by government mapping completed over the property. Rock samples collected adjacent to the property returned up to 315ppm lithium. 

• The Jupiter claims are located over regionally elevated lake bottom sediment geochemical anomalism for Lithium, with values up to 100ppm along the down ice trend of the property. 

• Float Plane and Helicopter accessible, approximately 175 km south of Radisson, and 25 km southwest of the Eleonore Mine and Airstrip. The northern infrastructure corridor comprising ‘Rte de la Baie-James’ provincial highway and three Power transmission lines are located approximately 35 – 50km east of the property. 

Green Battery Metal Critical Minerals Property Portfolio:

• Berkwood Graphite Project – Quebec. Graphite Project 

• Jupiter – Quebec. Lithium Pegmatite (LCT) prospect 

• Stallion – British Columbia. Copper Porphyry, Epithermal Au+Ag prospect 

• Boudrias – Quebec. Nickel Copper (PGE) prospect   

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’s deposit which has a $3.5 billion NPV on it.  The Companies Zone 1 deposit, and that of Nouveau Monde, share many similar geological characteristics, with the Zone 1 deposit being of exceptionally high grade and coarse flake size by global standards.

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

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

Current Resources (as of June 17th, 2019)

The mineral resource estimates above are described in the technical report entitled, NI 43-101Technical 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.

QAQC Comments: All samples were collected by typical field methods according to CIM best practices, selected samples were collected by representative rock chips into numbered samples bags, a CRM sample was inserted at a ratio of 1 sample in 20 to the sample batch, field duplicates were additionally collected to confirm the outcrop geochemistry. All samples were submitted to SGS laboratories, results are currently pending.

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 collectively with a proven track record of not just finding numerous mines but building and operating them too. The Green Battery Mineral management team’s most recent success is discovering the Berkwood graphite resource in Northern Quebec. Green Battery Mineral owns this asset 100 percent, and the Company’s shareholders will benefit from this asset as the demand for Graphite for electric vehicles 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, H3B 4W8
Phone: (438) 469-0705

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

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations: 
or 1-604-343-7740

This email address is being protected from spambots. You need JavaScript enabled to view it.     www.greenbatteryminerals.com 

Disclaimer for Forward-Looking Information:

Certain statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this news release include that the Company will carry out the drill program described in this news release, conduct the Offering and expend funds on Berkwood Graphite Project exploration. It is important to note that the Company's actual business outcomes and exploration results could differ materially from those in such forward-looking statements. Risks and uncertainties include that further permits may not be granted timely or at all; the mineral claims may prove to be unworthy of further expenditure; there may not be an economic mineral resource; methods we thought would be effective may not prove to be in practice or on our claims; economic, competitive, governmental, environmental and 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 be able to develop any minerals because of cost factors, type of terrain, or availability of equipment and technology; and we may also not raise sufficient funds to carry out our plans. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion 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 of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect. Except as required by law, we will not update these forward-looking statement risk factors.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this