Quantum Battery Metals Looks to Expand Anomoly Zones in Albanel After Fieldwork Identifies Multiple Anomalies
Vancouver, July 27, 2021 - Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) ("Quantum" or the "Company") has just recently completed the first phase of its sampling program at the Albanel project. The grab samples indicate that the property has preliminarily visual anomalies which may extend its mineralization zone. The grab samples are currently in the process of being submitted for assay.
Based on the location of some of these anomalies, the Company has been recently active in the area with an onsite crew looking to strategically expand the footprint of the land package. The area in which the grab samples were taken have shown to have good access to the camp, supplies, and roads and infrastructure. The Company is exploring the idea of expansion near the project and exploring the idea of adding zones to make them contiguous tenements.
"We are very pleased that our ground crew was able to make it down to the property so quickly and efficiently. Being located in the James Bay area known for mining allows us to move quickly and efficiently when doing work on our properties. We eagerly await the result of these samples and based on ground crews, we are optimistic about the sampling results," states Andrew Solstad - CEO and Director.
About the Albanel property
The Albanel property is a lithium prospect with an approximate area of 2,751 hectares in a mining-friendly jurisdiction of Quebec. The property has immediate road and quad access from a nearby network of well-maintained heavy-haul roads.
Highlights of the project:
10 kilometres north of the Rose lithium-tantalum mine;
Three pegmatite occurrences mapped by government geologists;
Centrally located in a lithium-rich geologic subprovince.
Martin Ethier, P.Geo.is the qualified person as defined in NI 43-101, that has reviewed and approved the contents of this press release.
Andrew Sostad, CEO and Director
400 - 837 West Hastings Street
Vancouver, British Columbia
Forward-Looking Information This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Quantum Battery Metals Corp. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/91355