Global Battery Metals Launches Exploration Program at Sawyer Camp Nickel-Copper Project with Geophysical Survey

VancouverGlobal Battery Metals Ltd. (TSXV: GBML) (OTCQB: REZZF) (FSE: REZ) (the “Company” or “GBML”), an international critical mining exploration and development company focused on battery metal-driven growth projects supporting the global transition to clean energy, announces today that it has contracted Crone Geophysics & Exploration Ltd. conduct a surface time-domain electromagnetic (TDEM) survey of targets identified at its Camp Sawyer Nickel-Copper Project in the upper peninsula of Michigan.

TDEM surveys have been used extensively to help locate the accumulation of nickel, copper and other base metals, with survey data being used to inform future drilling program targets. GBML expects to be in the field by mid-June.

“GBML is delighted to begin exploration field work at our Camp Sawyer Projectas it shares similar characteristics to other nearby properties that produce, including Eagle mine,’ declared Michael Murphy, President and Chief Executive Officer of GBML. “Our plan is to mobilize quickly with Crone. The Company is testing for the presence of Eagle-type nickel sulphide deposits under Paleozoic cover, allowing us to focus on exploration targets and drill hole locations during the current field season.

Additionally, the company is also pleased to provide a progress report on each of its other potential battery metal projects – all expected to progress over the coming month.

Major updates include: Lithium King (Lithium), Utah – the Company expects to obtain the BLM drilling permit in the near future to assess the stratigraphy and depth of the basement and will update the market accordingly. The jurisdiction and size of the project remain attractive as shallow sampling suggests favorable grade potential.

NW Leinster (Lithium), Ireland – a new exploration permit is expected shortly with the immediate priority of identifying a drill target on the Aghavannagh prospect where large angular blocks of spodumene pegmatite (float) have returned promising economic grades of Li2O. A work plan for this program and others across the block will be shared shortly thereafter.

Lapoile (Lithium), Newfoundland – GBML will enter the field this summer for the first exploration and geological mapping work. Government till samples are higher here than neighboring properties already experiencing exploration success.

Laura (copper), Peru – 55% owned by GGML; an option was granted to minsur (a large private Peruvian mining company operating a nearby copper mine) with staged acquisition payments, of which the first two payments have already been made. minsur continues to work on the property, with GBML retaining a 0.75 pbt royalty.

‘For years, Global Battery Metals has actively established a group of grassroots projects to support clean energy driven demand for the critical minerals we are experiencing today,” continued Mr. Murphy. “All of these properties are now on the verge of coming into place and we intend to be much more engaged by investors throughout 2022 given what we have in our pipeline of opportunities.”

An updated version of the company’s investor presentation is now available for download from GBML’s website.

On Global Battery Metals Ltd.

GBML is an international mining exploration and development company focused on metals that understands and supports the rapid evolution towards battery power. GBML currently holds economic interests in five battery metal projects: (1) a lease option to facilitate exploration by Sawyer Camp Ni/Cu property in the upper peninsula region of the state of michigan(2) an option to acquire up to 90% of the North-West Leinster lithium property from Ireland(3) a 100% interest in the Lithium King property at Utah(4) an option to acquire up to 100% of the Lapoile lithium project in Newfoundlandand (5) a 55% interest in PeruThe Lara copper property, which has over 10,000 meters of drilling. As stated earlier, Minsur SAa Peruvian mining company, entered into an option agreement with GBML and Lara Exploration Ltd. to acquire the Lara copper property in return for installment payments of US$5.75 million. GBML will retain a net smelter royalty of 0.75%. The ordinary shares of GBML are listed on the TSX Venture Exchange (TSXV: GBML); Frankfurt Stock Exchange (FSE: REZ) and are listed on the OTC (OTCQB: REZZF).


Michael Murphy

Tel: 604-649-2350

Email: [email protected]

Caution regarding “forward-looking” information

This press release contains certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of Canadian securities laws. All statements, other than statements of historical facts, included herein, without limitation, statements relating to GBML’s future operations and activities, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible” and similar expressions or statements. that events, conditions or results ‘will’, ‘could’, ‘could’ or ‘should’ occur or be achieved. The forward-looking statements contained in this press release relate to, among other things, the Company’s exploration plans, the receipt of necessary permits and the commencement of field exploration work. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect beliefs, opinions and projections as of the date the statements are made and are based on a number of assumptions and estimates which, while considered reasonable by GBML, are inherently subject to change. important commercial, economic, competitive, political and social uncertainties. and contingencies. Many factors, known and unknown, could cause actual results, performance or achievements to differ materially from the results, performance or achievements that are or may be expressed or implied by these forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. These factors include, but are not limited to, the ability to complete the proposed exploration work, the possibility of accidents, and other risks associated with mining exploration operations, such as encountering unforeseen geological factors or the inability to obtain permits and other government approvals necessary to carry out the Company’s exploration activities. plans, exploration results, continued availability of capital and changes in general economic, market and business conditions. Readers should not place undue reliance on the forward-looking statements and information contained in this press release regarding these items. Readers are referred to the Company’s reports, which are publicly available through the Canadian Securities Administrators’ Electronic Document Retrieval System (SEDAR) at for a more comprehensive analysis of these risk factors and their potential effects. GBML undertakes no obligation to update any forward-looking statements of beliefs, opinions, projections or other factors should they change, except as required by applicable securities laws.

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