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Battery Minerals Ltd.

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Summary

Project:

Montepuez

Deposit:Montepuez
Location:Mozambique
Commodities:Vanadium
Date:4/29/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:29-4-2019: Battery Minerals Ltd. announces a Resource Estimation report for its Montepuez deposit at the Montepuez project. Initial vanadium resource estimate at the project. The Montepuez Graphite Project is located within the Xixano Complex and traverse
Resources:(Resource, Inf.): 34.6Mt @ 0.25% V2O5
CP/QP:[Resources]: Shaun Searle (Ashmore Advisory Pty Ltd.)
ABSTRACT:The Montepuez Graphite Project is located within the Xixano Complex and traverses the tectonic contacts between the Nairoto, Xixano and Montepuez Complexes. The Xixano Complex includes a variety of metasupracrustal rocks enveloping predominantly mafic igneous rocks and granulites that form the core of a regional north-northeast to south-southwest trending synform. Graphite-bearing mica schist and gneiss are found in the Xixano Complex. Locally, graphitic schists occur with dolerites, meta-sediments, amphibolites and minor intrusions of cross-cutting pegmatite veins. Graphite forms as a result of high-grade metamorphism of organic carbonaceous matter and vanadium bearing minerals such as roscoelite occur as secondary minerals. Sampling and Sub-sampling Techniques All mineralised samples were obtained from ¼ HQ3 core and sampled at 1m or 2m intervals or to geological contacts. Standard industry electric core saw was used to cut core with quarter core submitted for analysis. The entire RC hole was sampled and assayed at 1m intervals. Samples were submitted to the ALS Minerals facility in Johannesburg, South Africa for sample preparation. Samples were weighed, assigned a unique bar code and logged into the ALS system. The entire sample was oven dried at 105˚ and crushed to -2mm. A 300g sub-sample of the crushed material was then pulverised to better than 85% passing -75µm using a LM5 pulveriser. The pulverised sample was split with multiple feed in a Jones riffle splitter until a 100-200g sub-sample was obtained.

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