Mr. Richard Penn reports
Q BATTERY METALS CORPORATION LA CORNE SOUTH LITHIUM PROJECT, QUEBEC
Q Battery Metals Corp. has provided an update on the exploration targeting on its mineral claims located north of Val d'Or, Que. In particular, the potential for lithium mineralization has recently become a new focus for the claims.
Preliminary review of the rock sampling results from the 2021 Q Battery Metals work program indicates elevated lithium in the area of the Boily-Berube mineral showing. The samples were obtained to test for VMS (volcanogenic massive sulphide) potential and were not targeted on rocks that might better return lithium results.
The Boily-Berube mineral showing is documented as being associated with granitic pegmatites. Stripping carried out in 1989 exposed a pegmatitic vein containing molybdenite with some grains of pyrite and traces of chalcopyrite and malachite (GM49151). Several coarse quartz veins were exposed in the area of the showing, with some returning elevated molybdenum and bismuth values (GM16255).
The Lac Fiedmont South mineral showing, on the eastern margin of the Q Battery Metals claims, has similar geology to the Boily-Berube, including molybdenite hosted in pegmatite.
Initial review of historic drilling on the La Corne South indicates that pegmatitic rocks were intersected in drilling undertaken by Noranda Inc. in 2004, while it was exploring base metal targets. Not all of the core was sampled for lithium, but one hole (FIE-15-04-01, report GM62134) where sampling for lithium was undertaken returned up to 333 parts per million lithium (186.1 to 187.6 metres depth). This drill hole was collared one kilometre northwest of the Boily-Berube showing. The drill hole was oriented at a minus-45-degree angle toward azimuth 054, intersecting komatiite with interstitial coarse grained granite. The drill hole also returned elevated copper and molybdenum values.
Q Battery Metal's La Corne South project contacts the La Corne batholith within the northern section of the claim block. The La Corne batholith and the volcanic rocks on the margin of the batholith host several well-documented lithium deposits. Of particular significance, approximately 10 kilometres to the north, Sayona Mining Ltd. is in the process of restarting the North American Lithium (NAL) mine. The NAL mine has a reported proven ore reserve of 1.2 million tonnes of 0.92 per cent Li2O (lithium oxide) and probable reserve of 28 million tonnes of 0.96 per cent Li2O. The reader is cautioned that potential lithium resources that exist on properties outside of the Q Battery Metals claims are not direct indicators of lithium mineralization on the claims.
The La Corne lithium mineralization is hosted in a series of pegmatitic bodies that cut the hornblende granodiorite of the La Corne batholith and the mafic volcanic group rocks. The NAL mineralization consists of spodumene, beryl, tantalite, molybdenite, bismithinite and lepidolite contained in granitic pegmatites (Sigeom).
Q Battery Metals is currently planning 2023 exploration programs on its lithium projects as well as continuing to test the best VMS targets outlined on the Mogold and PG Highway claims. The company is pleased with the indications of lithium mineralization documented in the historic work, with exploration designed to test the best targets. Lithium exploration will also be undertaken on the newly acquired Pegalith project located north of Gatineau (see news release dated Feb. 6, 2023).
Q Battery Metals exploration programs undertaken in Quebec are supervised by Dr. Mathieu Piche, OGQ, with office located north of Val d'Or. He is also a Q Battery Metals company director. The company has 100-per-cent interest in mineral claims within Quebec and British Columbia, with exploration targeting strategic metals and precious metals.
Perry Grunenberg, PGeo, a qualified person as that term 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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