Initial Knockeen Dike Swarm Assay Results Received from Leinster Lithium Project, Ireland

TM1 is pleased to announce that Global Battery Metals Ltd has completed the inaugural first phase of drilling on its Knockeen Lithium Pegmatite Project in SE County Carlow, Ireland.

Focussing on a Lithium-Caesium-Tantalum (LCT) pegmatite dike swarm, the first nine holes were completed in late October for a total of 2,022m. All nine holes successfully intersected lithium bearing Lithium LCT Pegmatites. Samples were submitted to ALS Laboratories in County Galway and analysed using the specific ME-MS89L Lithium Pegmatite analytical suite which are now reported.

The project is progressing under an ongoing and successful option agreement between GBML and Technology Minerals which is being operated by GBML.

Key Highlights:

• Drilling has confirmed and further defined a swarm of pegmatite dikes within host granites to reveal a new, structurally controlled LCT pegmatite system of significance;
• 24 intervals of lithium bearing spodumene pegmatites were intersected across the nine holes drilled and show that the pegmatites are all broadly parallel with a strike of NE-SW;
• The spodumene pegmatites range in width between 0.10m up to 0.63m (true width) with the highest values grading up to 2.57% Li 2 O in Intercept 15 in Hole 23-1597-06;
• Values grading over 1% Li 2 O were recorded in five of the nine holes drilled (Hole 23-1597-01, Hole 23-1597-02, Hole 23-1597-06, Hole 23-1597-07 and Hole 23-1597-09) with a sixth hole (Hole 23- 1597-03) just shy of the 1% mark reporting a 0.96% Li 2 O intersect; and
• The project area is situated within the same tectonic zone and along strike to Blackstairs Lithium (Ganfeng / ILC joint venture) Avalonia Project.

Alex Stanbury, CEO of Technology Minerals said:

We are pleased to announce the successful confirmation of lithium mineralisation at Knockeen following the inaugural phase of exploration drilling. This milestone underscores our commitment, from the initial stages of surface mapping and sampling, towards realising the full potential of Leinster. Moving forward, we eagerly anticipate advancing the project in collaboration with our partners GBML.

Michael Murphy, CEO of Global Battery Metals, underscored the importance of these initial assays, stating:

Until now, Knockeen has been defined by surface mapping and sampling, along with its strategic location within the East Carlow Deformation Zone and close proximity to Ganfeng and ILC’s exploration activity. Our expressed goal to confirm lithium mineralization in our first round of exploration drilling has been achieved, and hitting consistent, near-surface lithium intersects in a brand-new area has the entire team very excited. We’ve done our homework, including years of geological data collection and hands-on exploration to assess Leinster’s lithium potential, and we’re taking additional cues and clues from our first round drilling to further evolve our exploration strategy. In this case, we plan to make calculated, district scale moves. We’ve drilled into fingertips and intend to follow these fingers to a wider body.