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Coniagas Battery Metals Doubles Graal Copper-Nickel-Cobalt Property Following HTDEM Survey
Recent staking more than doubles the Graal property to 148 km², with new claims targeting electromagnetic anomalies that align with known magmatic
About this update from Coniagas Battery Metals Inc.
[{"type":"text","content":"Recent staking more than doubles the Graal property to 148 km², with new claims targeting electromagnetic anomalies that align with known magmatic mineralization Vancouver, BC – May 5, 2026 - TheNewswire – Coniagas Battery Metals Inc. (TSXV: COS) (“Coniagas” or the “Company”) is pleased to announce that, following the recent completion of a helicopter-borne time-domain electromagnetic (HTDEM) survey over its wholly-owned Graal property, the Company has staked an additional 8,724 hectares of contiguous ground. The acquisition more than doubles the Graal property to a total of 14,837 hectares (148.4 km²) and consolidates Coniagas’s position over a magmatic copper-nickel-cobalt sulphide system in the Saguenay-Lac-Saint-Jean region of Quebec. The expanded property lies within an emerging critical-minerals district supported by established hydroelectric power, road and rail access, and the deep-water Port of Saguenay. Mineralization at Graal occurs as magmatic copper-nickel-cobalt sulphides with platinum and palladium credits, distributed along a known 6-kilometre strike length on Gravi and MHY zone, over which earlier shallow drilling consistently encountered mineralization. Additionally, the EM inversion made with this survey confirms the interpretation that the massive sulfide mineralisation is forming a low-dipping bowl shape toward the center of the property at MHY-Gravi zones (dipping approximatively 200 to 400 ) with the mineralisation open at depth. The HTDEM survey covered the 6,113-hectare original claim block at 200-metre line spacing, tightening to 100-metre spacing over the immediate extensions of the known zones, for a total of 468 line-kilometres flown. The resulting electromagnetic responses coincide with the known mineralized trend (figures 1 and 2), refining drill targeting along that trend and identifying additional isolated targets within the existing property. Equally significantly, the survey identified several other untested isolated anomalies within the property and defined extensions at Lac Suzanne-NO located in the north part of the property as well as at Nourricier A and Nourricier B in the south. Comparable signatures in adjacent regional data, of the same character as those over known mineralization, led to the new staking which was selected to bring that ground under a single contiguous land position. “T...