Business
Green Battery Expands Further into Critical Battery Minerals Through Acquisition of Jupiter Lithium Property
(TheNewswire) VANCOUVER, BRITISH COLUMBIA – TheNewswire - May 4th, 2023 ...
About this update from First Canadian Graphite Inc.
[{"type":"text","content":"Green Battery Expands Further into Critical Battery Minerals Through Acquisition of Jupiter Lithium Property\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n VANCOUVER, BRITISH\nCOLUMBIA\n \n \n –\n \n \n TheNewswire\n \n \n - May 4th, 2023 – Green\nBattery Minerals Inc. (\"GEM\" or the \"Company\")\n \n \n (TSXV:GEM\n \n \n )\n \n \n ,\n \n \n (\n \n \n FSE:BK2P\n \n \n )\n \n \n ,\n \n \n (\n \n \n WKN:A2QENP\n \n \n )\n \n \n (\n \n \n OTC:GBMIF)\n \n \n is pleased to announce it has optioned the “Jupiter Lithium\nProperty” located (175 km) southeast of Radisson, Quebec, and\napproximately 25km from the Eleonore Mine Airstrip.\n \n \n \n \n Tom Yingling, President and CEO of\nGreen Battery,\n \n \n states,\n \n \n “This is an exciting move aimed at reducing supply shortages within\nthe North American EV battery space. Expanding our exploration\nactivities to include lithium, one of the most critical elements in a\nLithium-ion battery (“LiB”), is a natural extension of our current\nactivities in graphite. This move is also made to secure our own\nsupply of lithium as we progress towards developing the next\ngeneration of graphene-based LiBs. These LiBs show great promise\ncompared to regular LiBs, including higher capacity, shorter charging\ncycles, greater longevity, as well as reduced size and lower\nweight.”\n \n \n \n \n Mr. Yingling continued, “The Jupiter property is\nliterally surrounded by some of the biggest lithium deposits in North\nAmerica.  The fact that we have up to 33 outcropping pegmatites, with\nup to 315 ppm lithium sampled on the adjacent property to these\npegmatites,  gives us a valid reason to be excited. These pegmatites\nhave never been sampled for lithium or REE’s and we look forward to\nproceeding with an aggressive summer exploration program. Together\nwith the work already done at our graphite projects, GEM is positioned\nexceptionally well to capitalize on the enormous opportunity created\nby the EV revolution”\n \n \n \n \n The Jupiter Property\n \n \n \n \n The Jupiter Property was optioned to explore for\nLithium (LCT) Pegmatites, and Rare Earth Elements (“REE”).  The\n \n \n property ...