InvestmentPitch Media Video Discusses Q Battery Metals’ Exploration Plans for 2023, which will Focus on their Lithium Projects in Quebec

Rhea-AI Summary

Q Battery Metals (OTCPink:BTKRF) announced its exploration plans for 2023, focusing on lithium projects in Quebec, specifically the La Corne South project. This area hosts 16 documented lithium showings and two deposits within the Abitibi Greenstone belt. The company will conduct geophysical surveys and rock sampling to identify potential pegmatite bodies for future drilling. Nearby, Sayona Mining's North American Lithium mine is set to restart spodumene production, enhancing regional lithium supply. As of the latest update, shares are trading at $0.145.

Positive

• Focus on lithium projects in Quebec with significant exploration potential.
• La Corne South project targets an area with 16 documented lithium showings.
• Potential partnerships and synergies with nearby lithium production activities.

Negative

• None.

VANCOUVER, British Columbia, March 17, 2023 (GLOBE NEWSWIRE) -- Q Battery Metals (CSE:QMET) (OTCPink:BTKRF) (FSE:0NB) announced their exploration plans for 2023, which will focus on their lithium projects in Quebec. The initial program will target the company’s La Corne South Lithium project, north of Val d’Or, in an area of the Abitibi Greenstone belt of rocks that host numerous deposits and mines, in particular, the area around the La Corne Batholith which hosts 16 documented lithium showings and two deposits.

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company. The video is available for viewing on “InvestmentPitch” and on “YouTube”. If these links are not enabled, please visit www.InvestmentPitch.com and enter “Q Battery” in the search box.

Nine lithium projects are located within 20 kilometres of the La Corne South project, including Sayona Mining’s North American Lithium mine, a joint venture with Piedmont Lithium, which is just 11 km NW of Q Battery’s La Corne South project.

In June 2022, a formal agreement was announced by Sayona to restart spodumene production at their North American Lithium Mine, which will ultimately include the development of a spodumene conversion facility to produce lithium hydroxide or lithium carbonate, as per Sayona’s agreement with the Québec Government to develop a local downstream processing capability in proximity to the North American battery market.

Nine km to the north of the La Corne South project, Sayona Mining and Jourdan Resources are planning an extensive diamond drilling program for 2023 to expand the Vallee Lithium deposit.

Management cautions viewers that lithium resources that exist on properties outside of the Q Battery Metals claims are not direct indicators of lithium mineralization on the claims.

The Q Battery claims cover 10 kilometres of the La Corne Batholith and contacting volcanic rocks. Preliminary review of the rock sampling results from the 2021 Q Battery Metals work program indicated elevated lithium in the area of the Boily-Berubé mineral showing, which was documented as being associated with granitic pegmatites.

One kilometer north of the Boily-Berubé showing, in 2004, Falconbridge (Noranda Inc.) completed diamond drill hole FIE 15-04-01 where core sampling returned up to 333 ppm lithium over 1.5 m at a depth of 186 m. Lithium was not the targeted element during these previous exploration programs, and most historic drill holes did not analyze core for lithium.

The Boily-Berubé showing has been prospected primarily for molybdenum with discovery of elevated molybdenum and bismuth in quartz-feldspar "veins". In 1989, trenching and prospecting uncovered vein material at five locations in proximity to the Boily-Berubé showing. The veins were tested for molybdenum and copper.

Q Battery Metals is currently contacting geophysical consulting companies to undertake a resistivity survey, which is demonstrated as capable of mapping pegmatite within the host volcanic rocks, over the target area on the La Corne South project.

Prior surveying undertaken by Q Battery Metals included magnetics and conductivity surveys, which will be remodeled for features that might indicate pegmatite bodies. Follow-up to the geophysical surveying will include rock sampling of any available outcrops, along with soil sampling. The company plans to trench and drill the most prospective targets delineated from the 2023 exploration program. Drilling could be undertaken this summer.

The shares are trading at $0.145. For more information, please visit the company’s website, www.QMetalsCorp.com, or contact Richard Penn, CEO, at 778-384-8923.

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The information in this InvestmentPitch Media Ltd video is for the viewers information only. Q Battery Metals has paid a fee not exceeding $2,000 in cash to have its current news release produced in video format. The corporate information is based on information that is publicly available. Any information provided by InvestmentPitch Media Ltd., through its media services is not to be construed as a recommendation or suggestion or offer to buy or sell securities but is provided solely as an informational media service. InvestmentPitch Media Ltd makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the viewer or their financial advisor. Investing in securities is speculative and carries risk.

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FAQ

What are Q Battery Metals' exploration plans for 2023?

Q Battery Metals plans to focus on their lithium projects in Quebec, particularly the La Corne South site.

What is the significance of the La Corne South project for Q Battery Metals?

The La Corne South project is located in a promising area with 16 documented lithium showings, indicating strong exploration potential.

What is the current stock price of Q Battery Metals (BTKRF)?

As of the latest report, shares of Q Battery Metals are trading at $0.145.

How does the proximity to Sayona Mining affect Q Battery Metals?

Sayona Mining's North American Lithium mine nearby may provide strategic advantages and influence regional lithium supply.

What types of surveys is Q Battery Metals undertaking at La Corne South?

Q Battery Metals is conducting geophysical surveys, including resistivity, magnetics, and conductivity surveys to map pegmatite bodies.