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Vital Battery Metals Completes Inaugural Drill Program and Intersects Copper Mineralization at Flagship Sting Copper Project

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Vital Battery Metals has completed its fall 2024 drilling campaign at the Sting Copper Project in western Newfoundland, Canada. The program encompassed 912 meters across 5 drill holes, all successfully intersecting zones with chalcopyrite and pyrite mineralization. Initial drilling targeted the Jumbo showing, with drill holes VB24-001 and VB24-002 revealing semi-massive sulphide intervals. Additional drilling to the east in VB24-003 and VB24-004 discovered vein-hosted and semi-massive chalcopyrite bearing intervals. The final hole, VB24-005, tested the basalt-gabbro contact, revealing a 10+ meter interval containing pyrite-chalcopyrite mineralization. Assay results are expected in approximately 6 weeks.

Vital Battery Metals ha completato la sua campagna di perforazione autunnale 2024 presso il Sting Copper Project nel western Newfoundland, Canada. Il programma ha coperto 912 metri attraverso 5 fori di perforazione, tutti intersecando con successo zone di mineralizzazione con calcopirite e pirite. La perforazione iniziale ha mirato al campione Jumbo, con i fori VB24-001 e VB24-002 che hanno rivelato intervalli di solfuri semi-massicci. Ulteriori perforazioni a est in VB24-003 e VB24-004 hanno scoperto intervalli contenenti calcopirite ospitata in vene e semi-massicci. L'ultimo foro, VB24-005, ha testato il contatto basalto-gabbro, rivelando un intervallo di oltre 10 metri contenente mineralizzazione di pirite-calcopirite. I risultati delle analisi sono attesi in circa 6 settimane.

Vital Battery Metals ha completado su campaña de perforación de otoño 2024 en el Sting Copper Project en el oeste de Newfoundland, Canadá. El programa abarcó 912 metros a través de 5 pozos de perforación, todos intersectando con éxito zonas con mineralización de calcopirita y pirita. La perforación inicial se centró en la muestra Jumbo, con los pozos VB24-001 y VB24-002 revelando intervalos de sulfuros semi-masivos. La perforación adicional al este en VB24-003 y VB24-004 descubrió intervalos con calcopirita en vetas y semi-masivos. El último pozo, VB24-005, probó el contacto basalto-gabro, revelando un intervalo de más de 10 metros que contiene mineralización de pirita-calcopirita. Se esperan resultados de análisis en aproximadamente 6 semanas.

Vital Battery Metals는 캐나다 뉴펀들랜드 주 서부에 위치한 Sting Copper Project에서 2024년 가을 드릴링 캠페인을 완료했습니다. 이 프로그램은 5개의 드릴 홀을 통해 912미터에 걸쳐 진행되었으며, 모두 칼코파이트와 피라이트 광물화 영역을 성공적으로 교차했습니다. 초기 드릴링은 점프 노출부를 목표로 하였으며, 드릴 홀 VB24-001과 VB24-002는 반고체 황화물 간격을 드러냈습니다. 추가 드릴링이 동쪽의 VB24-003과 VB24-004에서 수행되어 광맥이 호스트된 반고체 칼코파이트 간격을 발견했습니다. 마지막 홀인 VB24-005는 현무암-가브로 접촉을 시험하였으며, 피라이트-칼코파이트 광물화가 포함된 10미터 이상의 간격을 드러냈습니다. 분석 결과는 약 6주 후에 발표될 예정입니다.

Vital Battery Metals a complété sa campagne de forage d'automne 2024 au Sting Copper Project dans l'ouest de Terre-Neuve, Canada. Le programme a couvert 912 mètres à travers 5 trous de forage, tous intersectant avec succès des zones avec des minéralisations de chalcopyrite et de pyrite. Le forage initial a ciblé l'affleurement Jumbo, avec les trous VB24-001 et VB24-002 révélant des intervalles de sulfures semi-massifs. Un forage supplémentaire à l'est dans VB24-003 et VB24-004 a découvert des intervalles contenant de la chalcopyrite en veines et semi-massifs. Le dernier trou, VB24-005, a testé le contact basalte-gabbro, révélant un intervalle de plus de 10 mètres contenant une minéralisation de pyrite-chalcopyrite. Les résultats d'analyse sont attendus dans environ 6 semaines.

Vital Battery Metals hat seine Bohrkampagne im Herbst 2024 im Sting Copper Project im Westen von Neufundland, Kanada, abgeschlossen. Das Programm umfasste 912 Meter über 5 Bohrlöcher, die alle erfolgreich Zonen mit Chalcopyrit- und Pyrit-Mineralisierung durchdrangen. Die ursprüngliche Bohrung zielte auf die Jumbo-Anzeige ab, wobei die Bohrlöcher VB24-001 und VB24-002 semi-massive Sulfideinlagen aufzeigten. Weitere Bohrungen im Osten in VB24-003 und VB24-004 entdeckten von Adern beherbergte und semi-massive Chalcopyrit haltige Intervalle. Das letzte Loch, VB24-005, prüfte den Basalt-Gabbro-Kontakt und zeigte ein über 10 Meter langes Intervall mit Pyrit-Chalcopyrit-Mineralisierung. Die Analyseergebnisse werden voraussichtlich in etwa 6 Wochen erwartet.

Positive
  • All 5 drill holes successfully intersected copper mineralization zones
  • Program covered over 200 meters of strike length, demonstrating property potential
  • Discovery of additional vein hosted and semi-massive chalcopyrite bearing intervals
Negative
  • Assay results pending - actual copper grades unknown
  • Historical results referenced have not been verified according to NI 43-101 standards

VANCOUVER, British Columbia, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Vital Battery Metals Inc. (“Vital” or the “Company”) (CSE: VBAM | OTC: VBAMF | FRA: C0O), is pleased to announce the completion of its fall 2024 drilling campaign at the Company’s Sting Copper Project (“Project” or “Sting”), located in western Newfoundland, Canada. Over the course of the program, a total of 912 meters have been drilled in 5 drill holes (Figs. 1-2, Table 1), that all successfully intersected zones with chalcopyrite and pyrite mineralization* ranging in form from disseminations and stringers to semi-massive zones associated with veining or regional lithological contacts and faulting.

Sting Copper Project Location Map

Figure 1: Sting Copper Project Location Map

Sting Copper Project drilling overview. Soil samples shown include additional anomalous samples collected during the 2024 summer campaign.

Figure 2: Sting Copper Project drilling overview. Soil samples shown include additional anomalous samples collected during the 2024 summer campaign.

Highlights of the program include:

  • Initial drilling targeted the Jumbo showing (9.0% Cu across 9.1m) (Assessment File 012G/08/0002) in drill holes VB24-001 and VB24-002. Increasing amounts of chalcopyrite bearing mineralization with depth in VB24-001 culminated in semi-massive sulphide intervals (Fig. 3) immediately prior to a strongly faulted basalt-gabbro contact.

Semi-massive chalcopyrite and pyrite mineralization at 101-101.25m in VB24-001.

Figure 3: Semi-massive chalcopyrite and pyrite mineralization at 101-101.25m in VB24-001.

  • Further drilling to the east targeting IP chargeability and soil sample anomalies in VB24-003 and VB24-004 resulted in the discovery of additional vein hosted and semi-massive chalcopyrite bearing intervals (Fig. 4).

Semi-massive chalcopyrite and pyrite with trace sphalerite mineralization associated with quartz-carbonate veining from 28.75-29.05m in VB24-003.

Figure 4: Semi-massive chalcopyrite and pyrite with trace sphalerite mineralization associated with quartz-carbonate veining from 28.75-29.05m in VB24-003.

  • The final drill hole, VB24-005 aimed to further test the prospectivity of the basalt-gabbro contact intersected in the first two drill holes. This contact was successfully reached and a 10+ meter long interval rich in hyaloclastite (brecciated) basalt just prior to the contact was observed to contain further pyrite-chalcopyrite mineralization (Fig. 4).

Adrian Lamoureux, Vital’s Chief Executive Officer and President, commented, “We are excited to share our first observations from our drilling campaign targeting this previously untested area and are pleased to see sub-surface expressions of the anomalies and mineralization we have been observing on surface. The presence of chalcopyrite mineralization in multiple drill holes over a strike length of 200+ meters clearly demonstrates the potential of this property.

Drilling during this program focused on areas surrounding and to the immediate east of the Jumbo showing with areas surrounding the Red Lode (2.5% Cu across 1.8m) (Assessment File 012G/08/0002) and Lode 9 (6.1% Cu across 2.8m, Assessment File 012G/08/0078, readers are cautioned that mineralization hosted on adjacent properties is not necessarily indicative of mineralization hosted on Vital’s claim block) showings, both associated with anomalous soil and grab sample results, remaining to be drill tested.

Semi-massive pyrite and chalcopyrite within a hyaloclastite rich basalt from 204.1-204.4m in VB24-005.

Figure 5: Semi-massive pyrite and chalcopyrite within a hyaloclastite rich basalt from 204.1-204.4m in VB24-005.

Table 1: Detailed information for drill holes outlines in this news release

Hole ID
UTM Coordinates (NAD 83)Azimuth (°)
Dip (°)
Length (m)
EastingNorthing
VB24-0014179515464750347-55159
VB24-0024179485464747284-46162
VB24-0034181695464745324-56192
VB24-004418172546474654-47147
VB24-0054182885464833323-50252

*Cautionary Note: While sulphide mineralization including specific sulphide minerals noted above have been observed visually in drill core these observations cannot be used to predict ore grades or economic viability. Assay samples have been sent to SGS Canada Inc. with results expected in ~6 weeks.

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, Sting Copper Project, and Vent Copper-Gold Projects.

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 Vent Copper-Gold project covers 1,562 hectares in British Columbia. Vital continues to evaluate value-add assets to bolster its project portfolio.

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 results 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.

Images accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/02a17ca8-d01e-4929-8cc2-70065be4996a

https://www.globenewswire.com/NewsRoom/AttachmentNg/b0f93663-6ca1-46cf-bada-1068ce99c682

https://www.globenewswire.com/NewsRoom/AttachmentNg/eec0009c-7947-4250-aa9f-1fdd23e08b92

https://www.globenewswire.com/NewsRoom/AttachmentNg/4a2cba32-da5b-4509-a063-8d9d19c19df8

https://www.globenewswire.com/NewsRoom/AttachmentNg/63bf6a30-beb4-4a00-8267-ee1fadf277ba


FAQ

What were the results of Vital Battery Metals' (VBAMF) 2024 drilling program at Sting Copper Project?

The program completed 912 meters across 5 drill holes, all intersecting zones with chalcopyrite and pyrite mineralization. Specific grades await assay results expected in 6 weeks.

How many meters did VBAMF drill at the Sting Copper Project in 2024?

Vital Battery Metals drilled a total of 912 meters across 5 drill holes during their fall 2024 drilling campaign.

What is the location of VBAMF's Sting Copper Project?

The Sting Copper Project is located in western Newfoundland, Canada.

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