Global Battery Metals is a Lithium exploration company with sites based in Ireland. The project area covers 477.39 km2. This area of land is very geopolitically stable and does not suffer the same turmoil and problems as similar land located in Africa and South America.
On January 21, 2021, the company was given permission by its board of directors to start drilling.
The Leinster Lithium project is a hard rock spodumene bearing pegmatite project in which the company has an option to earn up to a 90% interest.
The project area is covered by fifteen Government issued prospecting licenses termed the North-west Leinster Block which covers a total area of 477 km2.
The project is adjacent to Ganfeng’s Avalonia asset which has reported intercepting economic grade lithium spodumene bearing pegmatites. Ganfeng produces and sells lithium metals, lithium fluoride, lithium chloride, and other chemical products of lithium and is currently one of the largest lithium companies in the world.
Initial surveys of the site concluded lithium stream sediment recorded mostly in the 125-1000ppm range vs the 60-120ppm range for other nearby mines.
Additionally, the company is looking to sell a mining plot. Through Minas Dixon, $REZZF 55% owned Peruvian subsidiary has granted Minsur the option to acquire a 1800 hectare property (Lara), A copper mine in Peru.
Read more about the project here: https://www.gbml.ca/leinster-property
CEO Michael Murphy is a founder of Torex Gold (TXG-T) a 1.46Bn market cap company. Mr. Murphy was responsible for identifying the Morelos Gold asset from Teck, negotiating the sale from Teck in a very competitive environment, arranging the $240million+ financing, and was very involved in recruiting the board and management.
Read the full company presentation here: https://static1.squarespace.com/static/5c6f00087eb88c6ba88f1639/t/601b54c94666534b7cc098e9/1612403945153/GBML-Presentation.pdf