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Thursday, 03/30/2023 8:54:52 AM

Thursday, March 30, 2023 8:54:52 AM

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Global Battery Metals Files Drilling Permit Application for Leinster Lithium Project in Ireland
8:02 am ET March 30, 2023 (Newsfile) Print

Vancouver, British Columbia--(Newsfile Corp. - March 30, 2023) - Global Battery Metals Ltd. (TSXV: GBML) (OTCQB: REZZF) (FSE: REZ) (the "Company" or "GBML"), a critical mineral exploration company focused on growth-oriented lithium and other battery metal projects, announces that the drilling permit application for its Leinster Lithium Project (the "Property" or the "Project") has been submitted. Ten drill holes are planned to test to a depth of approximately 200m.

The submission outlines a staged diamond core drilling program and comes on the heels of the recently announced (see March 20, 2023 press release) potential discovery of up to six LCT (lithium-cesium-tantalum) pegmatite dikes extending across a prospective lithium trend at Prospecting Licence Area 1597 ("PLA 1597" or the "Knockeen Prospect").

Significant sampling and mapping across the Knockeen Prospect was conducted throughout the second half of 2022, with the most recent assay results of 66 rock samples released by ALS Laboratories returning Li2O% lithium contents ranging up to 3.75 % Li2O (see January 18, 2023 press release).

In conjunction with this work, a detailed deep overburden (base of till) program was recently completed for a total of 373 samples covering an area of 600m x 450m over the location of an extensive spodumene pegmatite float boulder train and an associated historically reported trenched bedrock occurrence. The interpreted geochemical results (see Figure 1) indicate the potential discovery of up to six LCT (lithium-cesium-tantalum) pegmatite dikes across the Knockeen Prospect shallow depths of between 1m - 7m below ground surface.

The area of the exploration is centred on a locality where a forty-year-old historical company report from Irish Base Metals described a trench excavated at Knockeen Townland which uncovered in bedrock, a 1.8m thick spodumene-bearing pegmatite vein.

Competent Person

All scientific and technical information in this announcement has been prepared under the supervision of and reviewed and approved by EuroGeol Vaughan Williams M.Sc. P.Geo. (Principal of Aurum Exploration Services currently provides exploration services to GBML and to LRH), a "qualified person" within the meaning of National Instrument 43-101.Vaughan Williams is also company secretary of LRH.

Please see the Company's Leinster Project Overview for additional program details, in addition to the latest version of the Company's Investor Presentation available for download from the GBML website (www.gbml.ca).