Mr. Richard Penn reports
Q BATTERY METALS RECEIVES GOVERNMENT ROCK SAMPLE RESULTS RETURNING 0.13% NI AND 0.1 GPT RH LORRAIN PROJECT, LORRAINVILLE, QUEBEC
Q Battery Metals Corp. has recently downloaded and plotted government rock sampling data from Quebec's Sigeom database. The results of the sampling support significant nickel mineralization on the Lorrain project that is 100 per cent owned by Q Battery Metals. As well, the government sampling returned significant rhodium results, which are a good indication for platinum group element (PGE) potential. Only rhodium from the PGE group was analyzed. Other significant elevated element results were obtained for cobalt and chromium. Six samples were taken from the property, four of which were obtained along the western margin of the mapped peridotite intrusion.
The Sigeom database indicates that the government samples were analyzed by one of either total acid dissolution or tetraborate fusion, followed by inductively coupled mass spectrometry. The samples were obtained along the margin of the ultramafic peridotite that extends through the Lorrain property. The Guimond-Church mineral showing is also documented in the Sigeom database as containing 0.27 per cent nickel.
Q Battery Metals is pleased to find that the government regional rock sampling has confirmed that the ultramafic rock unit that extends for over six kilometres through the Lorrain claims has great potential for nickel and PGE mineralization. Rhodium content in the rocks in particular is highly interesting with a current spot price of $259 per gram. These rock sampling results add to the previously disclosed historic diamond drilling results reported from a previous operator. Hole LA-01-06 is reported to have returned significant values of platinum and palladium, along with copper, silver and nickel (from Watts, Griffis and McOuat report of 2002, GM60923).
The Lorrain claims cover 2,208.4 hectares in 38 contiguous claims located in western Quebec, overlying favourable geologic and geophysical features for hosting nickel. This region of Quebec contains PGE and nickel properties located within 15 kilometres of the Black Tusk Lorrain project, including the Lac Croche and Delhi deposits to the north and Pyke, Lac Kelly and Mine Lorrain to the east.
The Lorrain property was originally staked by Q Battery Metals to cover the Guimond-Church mineral showing. This documented showing is reported as disseminated pyrite, magnetite and chromite in altered ultramafic rocks. Sampling returned up to 0.48 per cent Cr and 0.27 per cent Ni (GM 02994).
A regionally mapped elongate north-south-trending peridotite-gabbro body passes through the Lorrain property. This ultramafic rock has been historically explored for asbestos, but has seen little to no exploration targeting the nickel-PGE potential.
Q Battery Metals is preparing to map and sample outcrops where elevated nickel has been reported, including at the Guimond-Church showing, to verify and expand upon the historically document results. As well, a detailed magnetic survey is recommended to better define the magnetically high ridge that traces the host ultramafic through the property. This work is planned for June, 2023.
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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