- Oops!Something went wrong.Please try again later.
Vancouver, British Columbia--(Newsfile Corp. - July 26, 2022) - Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) ("Quantum" or the "Company") has finalized their 2022 geologist reviewed Lithium exploration program and has set the date for their groundcrew to be deployed within the first week of August. The groundcrew will initially reach the Alba and Kelso lithium property, as the properties have shown to have the most potential within the Company's portfolio. The properties were acquired in 2021 and a majority of Quantum's focus has been to develop the Alba and Kelso property to its highest capacity.
The program is heavily supplemented through the satellite survey conducted in 2021, in which the airborne survey navigated across the two vast properties and identified several anomalies worth looking into. A crew of four will be implemented to the two properties with the prospecting and mapping program. The program will serve to ground-truth potential lithium targets identified during a 2021 satellite survey analysis on the Property. The crew aims to efficiently sample and map visible outcrop, identifying and delineating potential pegmatite exposure(s) and lithium mineralization with intent to demonstrate any continuity of these features and guide future exploration efforts.
The company plans consist of:
Prospecting the geological territory;
Advanced mapping for future development and marking;
Rock channel sampling
"The satellite survey was the foundation that Quantum has set for the future of its lithium project. With a strong foundation established that outlined several anomalies in the properties, we have pinpointed the areas that we want to focus on for 2022. We have high expectations as several adjacent regions have shown positive results for battery metals. As an active battery metals company, Quantum has created the resources necessary to pave a very anticipated future in the industry," states David Greenway, Director.
About the Properties
The combined Alba and Kelso property consists of 71 mineral claims covering approximately 3,756.51 ha. The Alba-Kelso property has observed intermittent exploration since 1974, consisting of prospecting, geochemical sampling (lake sediment, glaciofluvial, regional till), mapping, and geophysical and satellite surveys, having most recently undergone a satellite survey and sampling in 2021.
QUANTUM BATTERY METALS CORP.
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/131958