Q Battery Samples Multi-Element Ultramfic At Lorrain Property Lorrainville, Quebec
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VANCOUVER, July 5, 2023 - Q Battery Metals Corp. ("Q Battery Metals" or the "Company) (CSE:QMET)(OTC:BTKRF)(FRA:0NB) is pleased to provide an update on their targeted sampling and mapping projects for June 2023. The geological team recently completed sampling at the La Corne South lithium project north of Val d'Or (see Q Battery news release dated June 20, 2023) and have now completed sampling for Ni-Cu-PGE at the Lorrain project located immediately south of Lorrainville, Quebec.
The Lorrain Property covers an extensive peridotite-gabbro body that has been targeted by other sampling programs in the past. This includes government sampling (1998-2017) that returned elevated nickel, cobalt, rhodium, and chromium (see Q Battery news release dated May 7, 2023). The current sampling at Lorrain targeted these areas of historic sampling in order to more thoroughly analyze for the full platinum group metals potential (Pt, Pd, Rh, Ru, Os, Ir) and to verify nickel and copper content. On June 21, a single rock sample was obtained from a stretch of outcrop that is accessible from the paved highway that passes through the property. The sample was taken directly to the laboratory in Vancouver for analysis.
The intention of 2023 exploration on the Lorrain is to more thoroughly test the potential of the peridotite-gabbro intrusive and to determine areas for follow-up targeting.
Q Battery Metals exploration programs undertaken in Quebec are supervised by Dr. Mathieu Piché, OGQ, with office located north of Val d'Or. He is also a Q Battery Metals company director. The company has 100% interest in mineral claims within Quebec and British Columbia, with exploration targeting critical and precious metals.
Perry Grunenberg, P.Geo, a "Qualified Person" as that term is defined under NI 43-101, has reviewed and approved the technical information in this news release.
Cautionary Statement
This press release contains forward-looking statements based on assumptions as of that date. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the Company's limited operating history; the need to comply with environmental and governmental regulations; fluctuations in the prices of commodities; operating hazards and risks; competition and other risks and uncertainties, including those described in the Company's Prospectus dated September 8, 2017 available on www.sedar.com. Accordingly, actual and future events, conditions, and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
On behalf of the Board of Directors
Richard Penn
CEO
(778) 384-8923
SOURCE: Q Battery Metals Corp.
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