Earlier this month, we published an article on Green Battery Minerals Inc. (TSX-V: GEM) (FSE: BK2P) (WKN: A2QENP) (OTC: GBMIF), a Canadian junior miner that is highly focused on mining high-value metals.
Our initial article received a great response from the market and we wanted to follow up by interviewing a member of the management team. Today, we are lucky to have Green Battery Minerals President and CEO Thomas Yingling with us so our readers can better understand the business.
- Can you please tell us about the focus and mission of the company?
Green Battery Mineral’s’ mission and strategy is to become one of North America’s largest producers of clean, environmentally friendly high-quality anode materials, and lithium, to be used in batteries for electric vehicles and renewable energy storage. Our team has built, sold and or ran 15 mines around the world, and we are hoping to make that 16 very soon.
2. What assets are owned by Green Battery?
Green Battery has two main projects we are developing. The most advanced is the Berkwood Graphite Property located in Northern Quebec. This a very advanced project that has a proven Graphite resource on it complete with a 43-101 report that shows 3.2 million tonnes of indicated and inferred. It is only 8 kms away from Nouveau Monde Graphite (TSX-NOU) property that is going into production. Ironically our team developed and sold this property many years ago and we are planning to do the same again on the Berkwood Project.
We also just acquired the Jupiter Lithium Project, located in the James Bay area of Northern Quebec. We are surrounded by some of the largest Lithium projects in the world, including Nemaska, Allkem, and the recent Patriot Battery Metals (TSX-PMET) discovery. Here is a list of the neighboring projects and market cap.
JAMES BAY LITHIUM COMPANIES IN QUEBEC
May 1st 2023
|COMPANY||SYMBOL||MarketCap||52 weekhi -lo||Stage||CurrentPrice||Dist. from GEM||PRO Nam|
|Nemaska LithiumMine partly built||Canadas largest lithium Hydroxide producer||60 kms||Whabouchi|
|Brunswick Explor||BRW.v||$160mill||$0.16-$1.17||Early explor||$0.92||3 kms||James Bay|
|AllKem||ASX:AKE||$7.8 bill||$9.32-$16.75||Full feas. 19 year mine life||$12.20 AUS||40kms||James Bay|
|Patriot Minerals||PMET||$1.29 Bill||$1.58-$17.69||Exploration||$13.90||175 kms||Corvette|
|Critical Elements||CRE||$530mill||$1.20-$3.03||Mine permited||$2.25||25kms||Rose Mine|
|Q2 Metals||QTWO||$44 mill||$0.08-$1.23||Early explor||$0.60||100 kms||Mia|
|Winsome resource||ASX:wr1||$213mill||$0.175-$2.52||Early explor||$1.37 AUS||120kms||Cancet|
|GREEN BATTERY||GEM||$5mill||$0.035-$0.155||Early Explor||$0.07||0||Jupiter|
3. Which property is the management team the most excited about?
We are most excited about the Berkwood Graphite Project. Many investors are not aware of the fact that there is way more graphite in a Battery than there is Lithium. After numerous drill programs over the past 6 years we have a proven resource, including a 43-101 showing 3.2 million tonnes of indicated and inferred Graphite. Benchmark Minerals reports that 97 new graphite mines will be required to keep up to the demand from the Electric Vehicle sector. Not only are the car manufactures looking for long term sources of graphite they are wanting an ESG friendly North American source. The Berkwood project ticks all these boxes as its located in Northern Quebec, it has great infrastructure, and access to not only cheap power but “Green Power” as well as it comes from hydro electric dams. The fact that you can literally drive a truck and park it on top of the outcropping graphite is also great for ESG as the roads are already built. In addition your first shovel in the ground should also make money as you are not having to remove any waste rock to get to your pay zone. This should have a significantly smaller impact on the environment.
4. What are some of the potential catalysts for the business?
We have only developed about ten percent of the Berkwood Project as we continue to drill out the rest of the project we plan on adding to the resource size to make it bigger. We are also developing a cleaner greener way of processing our graphite. This technology could be very disruptive in the battery sector. We have already created a small test Graphene battery with our Graphite. Graphene batteries are potentially the way of the future for EV’s as they can be charged in 8 minutes and run up to 1000 kms.
Also, this summer we will be exploring the Jupiter Lithium project that has huge blue-sky potential as we are beside some major lithium deposits. We have 33 unexplored pegmatites (the host rock for neighboring lithium mines) that we will sample and explore. Any one of these has the potential for a major lithium discovery.
5. Can you explain how the business will not compromise its Environmental, Social, and Governance (ESG) guidelines?
“Green’ is literally our Company name, and for a good reason. Not only do we plan on providing minerals to make Electric Vehicle batteries, and the world a greener place, we plan on doing so in an ESG friendly manner. Clean, green energy and infrastructure in place, as well as a North American source of minerals will allow us to do so. In our talks with electric vehicle manufactures it has become very obvious that they want to secure a North American stable and reliable source of Graphite to make the batteries. Equally as important is that these mines operate under a strict ESG compliant platform. Green Battery is committed to follow strict ESG compliance.
6. What should our readers be aware of when it comes to Green Battery?
If your readers are looking to invest in the critical Battery minerals space than they should consider Green Battery. One of the main reasons why is that we already have a proven resource of graphite that we are expanding. Graphite is the anode material used in electric vehicle batteries and 97 new mines will be needed in the near future to keep up with demand. A lot of the investment risk has been mitigated as we have a proven resource of Graphite.
The company also gives some major upside potential as we start to develop the new lithium project as well. This gives your readers the comfort of knowing we have a graphite resource and the potential for home run as well on the lithium project. All of this opportunity in a company that only has 74 million shares outstanding and the smallest market cap amongst all of its peers. These two projects mitigate a lot of the investment risk, as well as gives some major upside potential.
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Pursuant to an agreement between Spotlight Media and Green Battery Minerals we have been hired for a period of 90 days beginning April 30, 2023 and ending July 30, 2023 to publicly disseminate information about Green Battery Minerals including on the Website and other media including Facebook and Twitter. We are being paid $3,500 per month by Green Battery Minerals and were paid “ZERO” shares of unrestricted or restricted common shares. We plan to sell the “ZERO” shares of Green Battery Minerals that we hold during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Green Battery Minerals in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.
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