Mr. Richard Penn reports
Q BATTERY METALS GEOPHYSICAL SURVEYS - LA CORNE SOUTH PROJECT, QUEBEC
Q Battery Metals Corp. is currently in the process of refining targets on its La Corne South lithium project located north of Val d'Or, Que. In particular, the geological team will remodel the company's 2021 drone-supported magnetics survey results and its 2022 deep penetrating electromagnetics survey results to better determine the presence of pegmatites on the property. Previous data interpretation has outlined high magnetic and conductive zones in search of massive sulphide deposits that have distinctly different geophysical characteristics from pegmatite bodies. The data will be remodelled for geophysical attributes that better reflect pegmatites.
Q Battery Metals is also preparing to complete ground resistivity surveying over the highly interesting target area of the Boily Berube mineral showing which has been described as white feldspar and quartz veins with molybdenite and bismuth. The documented lithium showings on the margins of the La Corne batholith often have associated molybdenum indicated in the mineralization summary. As well, the North American lithium deposit is described as containing molybdenite and bismuthinite. The presence of these elements at the Boily Berube mineral showing is now considered good indicators for lithium. Q Battery's geological team is preparing to prospect, map and sample the Boily Berube showing and the La Corne batholith margins to analyze for lithium content. The current geophysical survey remodelling and proposed resistivity survey will assist in determining the location of lithium-bearing pegmatites in that region of the property.
Nine lithium projects are located within 20 kilometres of the La Corne South project, including North American lithium (NAL) mine (Sayona Mining-Piedmont Lithium joint venture). The projects are located on the periphery of the La Corne granitic batholith, an area that is highly prospective for pegmatite lithium mineralization. Sayona has successfully produced its first saleable spodumene concentrate of 1,200 tonnes with 6 per cent lithium grade (see Sayona March 8, 2023, news release). Sayona has announced plans for continued drilling at both its NAL project and the adjoining Vallee lithium property. More than 50,000 metres of drilling are planned (see Sayona release dated March 7, 2023).
Chief executive officer Richard Penn states that: "After attending the PDAC and Swiss Mining Institute conferences, we now have an even greater appreciation of the potential for lithium on the La Corne South project. Many other lithium projects were summarized at these conferences. We feel that we are in the right location at the right time with the La Corne South and Pegalith lithium projects, and are looking forward to exploring and advancing both projects in 2023."
The reader is cautioned that resources that exist on properties outside of the Q Battery Metals claims are not direct indicators of mineralization on the claims.
The reader is cautioned that historic results reported by previous operators have not been verified by Q Battery Metals.
Q Battery Metals also owns a 100-per-cent interest in the Pegalith lithium project, the Lorrain nickel-copper-platinum-group-element project and the McKenzie East gold project.
About Q Battery Metals Corp.
Q Battery Metals is a mineral exploration focused on exploration and development of battery, base and precious metals.
The La Corne South lithium project is located over the southern portion of the La Corne batholith. At least 14 lithium projects are associated with the margins of the La Corne batholith within 20 kilometres of the Q Battery claims. Sections of the batholith are pegmatitic which host the lithium. The North American lithium project is a historic lithium mine that now lists proven and probable mineral reserves estimated at 29.2 million tonnes, grading 0.96 per cent lithium oxide, with contained Li2O of 280,300 t. As well, the potential for volcanogenic massive sulphide deposition containing copper-zinc-silver is evident on the claims.
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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