Quantum Battery Metals Completes First Phase of Exploration Program
Vancouver, August 15, 2022 - Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) ("Quantum" or the "Company") announces that it has completed its first phase of the 2022 geologist reviewed Lithium exploration program in the Alba and Kelso properties. The Company indicates that the groundcrew was able to retrieve 24 samples over the two properties to be assessed in the labs and is now currently awaiting the final results of the samples. The groundcrew followed along the satellite survey conducted in 2021 to the pinpointed high exposure areas that showed the greatest potential. The satellite survey helped facilitate a swift and intensive navigation through the 3,756 ha claims.
The crew has efficiently sampled and mapped visible outcrop, prospected the geological territory, implemented advanced mapping for future development and obtained important samples throughout the exploration program. The Company indicates that the program has been successfully completed and it will begin to start planning its 2nd phase of its 2022 program with incorporating the exploration and assessment of its Lac Mistumis property once acquired.
"We are very excited for the potential of the samples our groundcrew has obtained. The program was set and finished without any difficulty and Quantum realizes that it has the potential to conduct several successful programs within a year with ease. The outlay of the program was geologist reviewed which kept cost to a minimum and accelerated our potential gains and development of the properties. The Alba and Kelso properties have shown great interest and we plan to continue this effort by working towards the 2nd phase of our 2022 exploration program," 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 and sampling in 2022.
"Andrew Sostad"
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Andrew Sostad, CEO and Director
Contact Information:
400 - 837 West Hastings Street
Vancouver, British Columbia
V6C 3N6
Phone: 604.629.2936
Email: Info@quantumbatterymetals.com
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.
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