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Figure 1: Sting Copper Project Location Map
Drill Program
It is anticipated that the company will complete a fall 2024 drill program, pending receipt of drill permits at the Jumbo-Lode Claim Block and after data from the 2024 surface exploration program has been received.
- Drilling at the Jumbo-Lode Claim Block will test the subsurface extent of multiple targets, including historic showings, soil anomalies, and mineralized outcrops.
- Previous drilling results obtained outside of the Sting Property include (a) 2.12% Cu across 7.2m (DDH GR-91-2), immediately adjacent to the Lode 9 mineral occurrence (Assessment file 012G/08/0098) and (b) 1.19g/t Au, 10.2g/t Ag, 1.05% Zn, and 0.78% Cu over 8.29 m (DDH GGR-06-04) near the boundary of Sting Group Claims) to the northeast of Red Lode in 2006 (Assessment file 012G/08/0127, readers are cautioned that mineralization hosted on adjacent properties is not necessarily indicative of mineralization hosted on Vital’s claim block). The Drilling Program will test for extensions of these mineralized zones within the Sting Property.
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Figure 2: Sting Copper Project Areas of Planned Work
Figure 3: Jumbo-Lode Claim Block Planned Work and Historical Soil Sample Results
Figure 4: North Sting Planned Soil Sampling
Adrian Lamoureux, Vital’s Chief Executive Officer and President, comments, “The upcoming exploration programs represent the next step in advancing the Sting Project and to build upon the favorable results obtained in 2023. The Work Programs present us with an opportunity to define the scope of mineralization at the project and continue unlocking its full potential.”
Historical and recently acquired field data both support mineralized zones in the Jumbo-Lode Claim Block having northerly trends and moderate to steep westerly dips. Field teams will work within the Project to confirm these observations. Future Drill Programs will target the approximate true widths of this mineralization.
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 Glen Prior, Ph.D., P.Geo. of Dahrouge Geological Consulting, who is a “Qualified Person” as defined in NI 43-101.
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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.
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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
[email protected]
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.
Photos accompanying this announcement are available at:
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https://www.globenewswire.com/NewsRoom/AttachmentNg/e7aef49b-4547-4c24-8b73-7deca43b2031
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