Vital Battery Metals Commences Drilling at the Company’s Sting Copper Project
Vital Battery Metals Inc. (CSE: VBAM | OTC: VBAMF | FRA: C0O) has commenced drilling at its Sting Copper Project in western Newfoundland, Canada. The fully permitted program will consist of 5-7 drill holes totalling 1000+ meters, targeting recently identified chargeability anomalies, anomalous soil samples, and prospective rock samples.
Key highlights include:
- Drilling near the Jumbo showing (9.0% Cu across 9.1m) and further east
- Drilling west of the Friar Tuck showing (3.7 g/t Au over 0.9 m)
- First-ever drill holes targeting these showings and areas covered by recent IP survey
The company anticipates financial support of $95,691.86 from the 2024 Newfoundland and Labrador Junior Exploration Assistance (JEA) program for its exploration activities.
Vital Battery Metals Inc. (CSE: VBAM | OTC: VBAMF | FRA: C0O) ha iniziato le perforazioni presso il suo Sting Copper Project nella parte occidentale di Newfoundland, Canada. Il programma completamente autorizzato consisterà in 5-7 fori di perforazione per un totale di oltre 1000 metri, mirati a sfruttare anomalie di carica recentemente identificate, campioni di suolo anomali e campioni di roccia promettenti.
Le principali novità includono:
- Perforazioni vicino al Jumbo showing (9,0% Cu su 9,1 m) e più a est
- Perforazioni a ovest del Friar Tuck showing (3,7 g/t Au su 0,9 m)
- Primi fori di perforazione mai realizzati per mirare a queste esposizioni e aree coperte da un recente sondaggio IP
L'azienda prevede un sostegno finanziario di $95.691,86 dal programma di Assistenza all'Esplorazione Giovanile di Newfoundland e Labrador (JEA) 2024 per le sue attività esplorative.
Vital Battery Metals Inc. (CSE: VBAM | OTC: VBAMF | FRA: C0O) ha comenzado la perforación en su Sting Copper Project en la parte occidental de Newfoundland, Canadá. El programa completamente autorizado consistirá en 5-7 agujeros de perforación que suman más de 1000 metros, apuntando a anomalías de carga recientemente identificadas, muestras de suelo anómalas y muestras de roca prospectivas.
Los puntos destacados incluyen:
- Perforación cerca de la Jumbo showing (9,0% Cu a lo largo de 9,1 m) y más hacia el este
- Perforación al oeste de la Friar Tuck showing (3,7 g/t Au sobre 0,9 m)
- Primeros agujeros de perforación dirigidos a estas exhibiciones y áreas cubiertas por una reciente encuesta IP
La empresa anticipa un apoyo financiero de $95,691.86 del programa de Asistencia para la Exploración Juvenil de Newfoundland y Labrador (JEA) 2024 para sus actividades de exploración.
Vital Battery Metals Inc. (CSE: VBAM | OTC: VBAMF | FRA: C0O)는 캐나다 뉴펀들랜드 서부에 위치한 Sting Copper Project에서 시추 작업을 시작했습니다. 완전히 허가된 이 프로그램은 최근 식별된 전하비정상, 이상 토양 샘플 및 유망한 암석 샘플을 목표로 1000미터 이상의 총 연장으로 5-7 개의 시추홀로 구성됩니다.
주요 하이라이트는 다음과 같습니다:
- Jumbo 광구(9.0% Cu, 9.1m) 근처와 동쪽으로 시추
- Friar Tuck 광구(0.9m당 3.7g/t Au) 서쪽에서 시추
- 이 광구와 최근 IP 조사가 시행된 지역을 목표로 한 최초의 시추 홀
회사는 2024년 뉴펀들랜드 및 래브라도 주니어 탐사 지원(JEA) 프로그램으로부터 $95,691.86의 재정 지원을 예상합니다.
Vital Battery Metals Inc. (CSE: VBAM | OTC: VBAMF | FRA: C0O) a commencé les forages sur son projet Sting Copper dans l'ouest de Newfoundland, Canada. Le programme entièrement autorisé comprendra 5-7 trous de forage totalisant plus de 1000 mètres, visant des anomalies de charge récemment identifiées, des échantillons de sol anormaux et des échantillons de roche prometteurs.
Les points clés incluent :
- Forages près de la Jumbo showing (9,0% Cu sur 9,1 m) et plus à l'est
- Forages à l'ouest de la Friar Tuck showing (3,7 g/t Au sur 0,9 m)
- Premiers trous de forage visant ces sites et des zones couvertes par une récente enquête IP
L'entreprise prévoit un soutien financier de 95 691,86 $ du programme d'Assistance à l'Exploration Junior de Newfoundland et Labrador (JEA) 2024 pour ses activités d'exploration.
Vital Battery Metals Inc. (CSE: VBAM | OTC: VBAMF | FRA: C0O) hat mit der Bohrung in seinem Sting Copper Project im Westen von Newfoundland, Kanada, begonnen. Das vollständig genehmigte Programm wird aus 5-7 Bohrlöchern mit insgesamt über 1000 Metern bestehen, die auf kürzlich identifizierte Ladeanomalien, anomale Bodenproben und vielversprechende Gesteinsproben abzielen.
Wichtige Highlights umfassen:
- Bohrungen in der Nähe des Jumbo-Zeigens (9,0% Cu über 9,1 m) und weiter nach Osten
- Bohrungen westlich des Friar Tuck-Zeigens (3,7 g/t Au über 0,9 m)
- Erste Bohrlöcher, die auf diese Zeugen und von der jüngsten IP-Untersuchung abgedeckte Bereiche abzielen
Das Unternehmen erwartet finanzielle Unterstützung in Höhe von $95,691.86 vom Programm zur Unterstützung der Junior Exploration in Newfoundland und Labrador (JEA) 2024 für seine Erkundungsaktivitäten.
- Commencement of drilling program at Sting Copper Project
- Targeting of high-grade copper and gold showings (9.0% Cu across 9.1m and 3.7 g/t Au over 0.9 m)
- First-ever drill holes in these prospective areas
- Anticipated financial support of $95,691.86 from JEA program
- None.
VANCOUVER, British Columbia, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Vital Battery Metals Inc. (“Vital” or the “Company”) (CSE: VBAM | OTC: VBAMF | FRA: C0O), is pleased to announce the commencement of drilling at the Company’s Sting Copper Project (“Project” or “Sting”), located in western Newfoundland, Canada. This fully permitted program will consist of 5-7 drill holes totalling 1000+ meters that will target recently identified sizable chargeability anomalies in the Jumbo-Red Lode and Lode No 9 Grids (see company news release, September 4, 2024) as well as anomalous soil sample results (see company news release, January 22, 2024) and prospective rock samples (see company news release, July 11, 2024).
Highlights of the program include:
- Drilling will begin southeast of the Jumbo showing (
9.0% Cu across 9.1m) (Assessment File 012G/08/0002) and then proceed to ~200-400m further east of the showing to target additional prospective areas (Fig. 1). - Further drilling is planned to the west of the Friar Tuck showing (3.7 g/t Au over 0.9 m, Assessment File 012G/08/0078), which is coincident with multiple chargeability anomalies.
- These drill holes are the first ever to target these showings and the areas covered by the recently completed IP survey.
Adrian Lamoureux, Vital’s Chief Executive Officer and President, commented, “Over the course of summer 2024, we have executed a robust exploration program to allow us to delineate exciting drill targets and we now are now eagerly awaiting the results that will emerge from this drill program. We are also compiling the results obtained from this summer’s prospecting and soil sampling and are excited to update the market with these results.”
Figure 1: Sting Copper Project overview with areas targeted for the 2024 drilling campaign highlighted.
JEA Acknowledgement
Vital gratefully acknowledges the anticipated financial support of
References:
All assessment file data referenced above can be sourced at the following Newfoundland and Labrador web link: https://gis.geosurv.gov.nl.ca/.
Qualified Person
The technical information contained in this news release has been reviewed by Alexander Timofeev, Ph.D., P.Geo. of Dahrouge Geological Consulting, who is a registered P.Geo in Quebec and Newfoundland, Canada.
The results discussed in this document are historical. A Qualified Person has not performed sufficient work or data verification to validate these results in accordance with NI 43-101. Although the historical results may not be reliable, Vital Battery Metals Inc. nevertheless believes that they provide an indication of the property’s potential and are relevant for any future exploration program.
About Vital Battery Metals Inc.
Vital Battery Metals Inc. (CSE: VBAM |OTC: VBAMF | FRA: C0O) is a mineral exploration company dedicated to the development of strategic projects comprised of battery, base and precious metals in stable jurisdictions. The Company is working to advance its Schofield Lithium, Dickson Lake Lithium and Sting Copper Project.
The Sting Copper Project covers approximately 12,700 hectares and hosts multiple historic Newfoundland and Labrador Government documented mineral occurrences and is located within a 50 km corridor known for significant volcanogenic massive sulfide (VMS), copper quartz vein lode and low sulphation epithermal gold showings.
The Schofield Lithium Project covers 8,824 hectares and is adjacent to Brunswick Exploration’s Hearst Lithium Project. The Schofield Lithium Project is located ~60 km south of Hearst, Ontario. The Dickson Lake Lithium Project covers 464 single-cell mining claims and approximately 9,780 hectares and is near a Brunswick Exploration Lithium Project, Imagine Lithium’s Jackpot Deposit and Rock Tech’s Georgia Lake Deposit.
For more information, visit www.vitalbatterymetals.com.
On Behalf of the Board of Directors
Adrian Lamoureux
Chief Executive Officer, Director
+1 (604) 229-9772
info@vitalbatterymetals.com
Disclaimer for Forward-Looking Information
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the Project acquisition bringing a low-risk opportunity, the Company building a strong battery metals portfolio with low-risk opportunities that positively impact the Company and its shareholders and the Company providing an initial work plan are "forward-looking statements". Forward-looking statements in this news release include, but are not limited to, statements with respect to the Sting Project and its mineralization potential; the Company’s objectives, goals or future plans with respect to the Sting Project; the commencement of drilling or exploration programs in the future; the anticipated results of any drilling or exploration programs conducted in the future. These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.
An image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f31ed73d-f458-4f58-afb2-f314336e9444
FAQ
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