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Global Battery (TSXV:GBML) reports high grades from its North-West Leinster Lithium Project

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TSXV:GBML
18 January 2023 12:30 (EDT)

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Global Battery Metals (GBML) released field exploration assay results from its North-West Leinster Lithium Property in Ireland.

Of the 66 total surface samples analyzed, assay results show that 47 returned grades above 1 per cent Li2O – with grades as high as 3.75 per cent and 3.63 per cent.

Source: Global Battery Metals Ltd.

The work focused on Prospecting Licence Area 1597, part of the company’s property exploration block where a 40-year-old report described a trench excavated at Knockeen Townlands exposed a 1.8-metre wide spodumene-bearing pegmatite vein.

The current exploration program included an initial reconnaissance visit in July 2022, followed by a more detailed prospecting and lithogeochemical survey on two areas at Knockeen and Carriglead Townlands in December 2022.

Source: Global Battery Metals Ltd.

Sampling program highlights:

Sample ID Program Li ppm Li2O per cent
AES63003 Follow Up Sampling Dec 2022 17,410 3.75
AES63033 Follow Up Sampling Dec 2022 16,860 3.63
AES63519 Follow Up Sampling Dec 2022 13,160 2.83
AES63015 Follow Up Sampling Dec 2022 13,050 2.81
AES63029 Follow Up Sampling Dec 2022 12,920 2.78
AES63042 Follow Up Sampling Dec 2022 12,580 2.71
AES63014 Follow Up Sampling Dec 2022 12,200 2.63
AES63021 Follow Up Sampling Dec 2022 12,040 2.59
AES63018 Follow Up Sampling Dec 2022 11,980 2.58
AES63011 Follow Up Sampling Dec 2022 11,820 2.54

Preliminary reconnaissance highlights:

Sample ID Program Li ppm Li2O per cent Prospect
210724CL05 Recon Sampling July 2022 13,700 2.95 Knockeen
210724CL03 Recon Sampling July 2022 11,200 2.41 Knockeen
210724CL04 Recon Sampling July 2022 11,000 2.37 Knockeen
210724CL02 Recon Sampling July 2022 3,240 0.70 Knockeen
AES61138 Recon Sampling July 2022 7,470 1.61 Carriglead
AES61137 Recon Sampling July 2022 3,550 0.76 Carriglead

Global Battery Metals’ President and CEO, Michael Murphy, sat down with Sabrina Cuthbert to discuss these results.

“The strong concentration of confirmed lithium-bearing pegmatites is helping the team target the source and plan a strong drilling campaign to test the limits of the Property. We look forward to receiving our overburden assay results.”

The company chose this property because of its significantly higher grades than nearby projects in stream sediments, with similar grades in soil samples.

Global Battery Metals Ltd. (GMBL) is a mineral exploration company with a focus on metals that make up and support the rapid evolution of battery power.

Global Battery Metals (GBML) was down 3.70 per cent, trading at C$0.13 per share.


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