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Strong Graphite Assay Results Announced by Green Battery Minerals
(TheNewswire) ...
About this update from First Canadian Graphite Inc.
[{"type":"text","content":"Strong Graphite Assay Results Announced by Green Battery Minerals\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 \n \n \n \n \n \n \n \n \n \n \n Company measures 14.41%\nGraphite over 19.0m on Zone 6\n \n \n \n \n \n \n \n September 6th, 2023 –\n \n \n TheNewswire -\n \n \n VANCOUVER, B.C. Green Battery Minerals Inc.\n(\" Green\" or the \"Company\") (TSXV: GEM, FSE: BK2P,\nWKN: A2QENP OTC: GBMIF)\n \n \n is pleased to announce\nassay results from its drilling program conducted at Zone 6 on its\nBerkwood graphite property in Quebec. The program was designed to\nfollow up on surface work conducted over the target area\n \n \n \n \n last summer (see February\n16, 2023 news release) and was successful in intercepting graphite\nmineralization at depth over the previously defined 600m of strike\nlength with a total of 20 holes and 2058m drilled.\n \n \n \n \n \n \n Tom Yingling, President and CEO of GEM\ncommented:\n \n \n \"We continue\nto produce excellent drilling results, not just in terms of\ncomposition but also in terms of quality. With only about 10% of our\nproperty fully explored, we already have 550,000 tonnes (inferred +\nindicated) graphite resource and these new results will add to that.\nAs we work towards delivering a PEA, we are more than encouraged by\nour exploration results. With billions being invested in battery\nplants throughout North America, it is of crucial importance that the\ncritical minerals needed to meet demand are available. That is what\nGEM is doing, ensuring LIB manufacturers will have a high quality,\nNorth American source of graphite. We are positioned well and with\nmore results to come out over the coming months, we are confident of\ngenerating substantial additional value, especially considering the\n$3.5 billion NPV our neighbors (Nouveau Monde, TSXV:NOU) have produced\non the back of their fully explored property.\"\n \n \n \n \n The headline intercept was drilled down dip out of an abundance of\ncuriosity on the most impressive outcrop. Typical high-grade\nintercepts were approximately 4.0m long at close to true thickness\nwith other minor intervals present throughout. Intercepts and collars\nare presented in Tables 1 and 2 below:\n \n \n \n \n \n \n \n Table 1: Significant i...