Mr. Richard Penn reports
Q BATTERY UNDERTAKES DATABASE ANALYSIS FOR THE PONTAX PROJECT, QUEBEC
Q Battery Metals Corp. has provided an update for the Pontax project located in the James Bay area, Quebec.
Q Battery Metals recently acquired the Pontax property located within the Lithium Triangle of the James Bay region (see news release dated Aug. 1, 2023). The claims cover 5,376 hectares in 101 contiguous claims that are surrounded by other significant lithium projects, including: Patriot Battery Metals' Pontax project, Brunswick Exploration, Stria Lithium's properties and Li-FT Power Ltd., including the Moyenne project.
Q Battery Metals has now completed a first-pass data collection and analysis for the Pontax project. The property is located approximately three kilometres south of the Pontax Lithium mineral showing (Sigeom database). Stria Lithium Inc. has recently completed a maiden inferred resource estimate of 10.1 million tonnes (Mt) at 1.04 per cent Li2O (lithium oxide) based on the central area of the known mineralization on their Pontax project (see Stria news release dated Aug. 14, 2023). Stria concludes that this is a substantial maiden resource that establishes Pontax as a significant James Bay lithium project with scope for continuing growth. Q Battery Metals warns the reader that resources established on adjacent projects is not indicative of potential mineralization on their claims.
The Quebec Sigeom database indicates that 63 sediment samples have been obtained within or adjacent to the Q Battery Metals Pontax property (using an approximate seven km radius from the property centre). The samples were obtained during historic work programs undertaken from 1974 to 2016. The database provides the results for up to 91 parameters, including metal and pathfinder element analysis. The sample laboratory results were data-filtered for pegmatite indicator minerals, including lithium, cesium, tantalum, rubidium, niobium, tin and boron, which are considered pathfinder elements that can form halos related to the presence of LCT (lithium-cesium-tantalum) pegmatites. The results indicate several elevated results for pathfinder elements are located within or immediately adjacent to the Q Battery Metals claims. The company intends to complete an initial prospecting program targeting these geochemically highlighted areas.
Q Battery Metals' exploration programs undertaken in Quebec are supervised by Dr. Mathieu Piche, OGQ, with an office located north of Val d'Or. He is also a director of Q Battery Metals. The company has 100-per-cent interests in mineral claims within Quebec and British Columbia, with exploration targeting critical and precious metals.
Perry Grunenberg, PGeo, a qualified person as that term is defined under National Instrument 43-101, has reviewed and approved the technical information in this news release.
We seek Safe Harbor.
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