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TSX-V:GEM

Green Battery Minerals Inc.

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Market:
TSX-V
Price
0.04 CAD
Day Change
-
Market Cap:
$3.1 m
52 weeks high
0.09
52 weeks low
0.03

In brief

Green Battery Minerals Inc holds an advanced graphite project in northern Quebec, in which it has invested over $6 million proving out a resource, and has contracted ProGraphite of Germany to build test batteries to prove that its graphite can be used in making batteries.

The Berkwood Graphite East Block consists of 38 claims covering 2,052 hectares prospective for graphite. Green Battery Minerals holds a 100% interest in the property, as well as an option to earn a 100%-interest in the Berkwood Graphite South Block, which consists of 106 claims totaling 5,714 hectares. The project boasts an NI 43 101 resource of 550,000 tonnes of graphite, which is growing.

The project directly borders Mason Graphite’s significant Lac Guéret Project to the east and south. Mason Graphite’s advanced Lac Guéret Project has an NI 43-101 compliant mineral resource estimate with measured & indicated mineral resources of 67.5 million tonnes grading 17.2% Cgr (Carbon as Graphite), including 9.7 million tonnes grading 31.2% Cgr.

The Berkwood project also shares a similar prospective geological environment as Mason Graphite’s Lac Guéret property, including along strike stratigraphic units and structures. Graphite in the vicinity ranges from 3% to 40% Cg (averaging 20.4% at Mason Graphite’s Lac Guéret Deposit) and exhibits flakes of up to 5 mm in diameter. Large flake graphite is 0.2 mm and above.

Other properties in Green Battery's portfolio are the Cobalt ford property, the Delbreuil lithium property, and the Roscoe vanadium site.

Snapshot

  • Green Battery Minerals increases size of its previously announced financing for a second time due to increased demand
  • Full interview: Berkwood Resources agrees in principal to offtake agreement with Carbon 6