Green Battery Minerals Announces Appointment Of Norda Stelo To Carry Out The Environmental Gap Analysis For The Berkwood Graphite Project.

Green, Clean, Reduce, Reuse, Recharge!

May 4th, 2021, VANCOUVER, B.C. Green Battery Minerals Inc. (TSX-V: GEM, FSE: BK2P, WKN: A2QENP, OTCQB: GBMIF) (“Green Battery” or the “Company”) is pleased to announce that it has appointed Norda Stelo Collective Ingenuity (“Norda Stelo”) of  Quebec to conduct an Environmental Gap Analysis report (“EGA”) for Green Battery’s  road accessible Berkwood Graphite project,  located in NorthernQuebec.

Michel Robert Technical Advisory states: “The Gap Analysis is a key report linking what is already known environmentally in the area and learning what new items may be unique to our property.  This report helps with the planning of building of a mine and will bring us one step closer to production.”

Norda Stelo is an independent engineering consulting firm that was founded in Quebec in 1963. Specializing in integrated projects from planning and design, to construction.   Social, economic and environmental considerations are built into their daily operations as well as the projects in which they are involved in. For their clients, this commitment means sustainable, cost-effective and socially acceptable projects. These concerns are also reflected in Norda Stelo’s support for various social causes.

Vanessa Viera, Ph D Biologist of Norda Stelo states:

For this assignment, a team of experienced specialists was specifically assembled to cover all the technical disciplines required for the mandate. Furthermore, our work program was developed with the objective of efficiently carrying out a gap analysis according to the applicable environmental assessment process and regulatory framework.

We believe this proposal provides an added value to Green Battery because of the prior knowledge of the local environment our team acquired during the completion of an Environmental Baseline Study for the Lac Gueret property (Mason Graphite). (Which is 8 km away)

Below is a list of some of the work that is being completed in order to prepare the final Environmental Gap Analysis (”EGA”) report.

This EGA report will be required for producing an ENVIRONMENTAL IMPACT ASSESSMENT STUDY conformed to the Directive of the Ministère de l’Environnement et de la Lutte contre les changements climatiques (MELCC)1.

The purpose of the mandate is to realize an Environmental Gap Analysis based on information readily available for the region of the Berkwood Graphite Project as well as Norda Stelo’s prior experience in developing mining projects and carrying out environmental studies in the Nord-du-Quebec and Côte-Nord regions. For example, Mason Graphite’s environmental impact assessment of the Lac Gueret Project will be consulted, as well as related documents, in order to determine if environmental characteristics of Lake Gueret Project study area could be applicable to Berkwood Graphite Project area. Other sources of information that will be consulted include : scientific literature, environmental impact assessment reports, Ministère de l’Environnement et de la Lutte contre les changements climatiques (MELCC), Ministère de l’Énergie et des Ressources naturelles (MERN), Ministère de la Forêt, de la Faune et des Parcs (MFFP), Environment and Climate Change Canada (ECCC), Breeding Bird Atlas, etc.

Norda Stelo’s team

The team has a very good knowledge of the project area. Indeed, three of the team members contributed to the Environmental Baseline Study of Mason Graphite’s Lac Gueret Project. Mrs. Vanessa Viera and Catherine Vallières have also completed many environmental field surveys in Lac Gueret Project study area in 2013.

This report will bring us one step closer in the process of a PEA report and adds value to the overall project and also brings us closer to the final decision to mine.

Tom Yingling, President and CEO states, “We are very pleased to commence our Environmental Gap Analysis report.   This is a key step in working towards our PEA as well the getting  closer to the decision to mine.  I am pleased to be working with Norda Stelo’s team as they did extensive work with our neighbour, Mason Graphiteso they are very familiar with the project areaalready.This should help save time and money and also reconfirms our mission to repeat what Mason has done, just on our side of the claim boundary line that we share with Mason.  It also reconfirms Green Battery’s commitment to adhere to strict ESG policies.”

Qualified Person: Mr. Dave Kelsch, P.Geo. is a Qualified Person (“QP”) as defined by National Instrument 43-101 guidelines, and he has reviewed and approved the technical content of this news release.

About the Company: Green Battery Minerals is managed by a team with over 150 years collectively with a proven track record of not just finding numerous mines but building and operating them too. The Green Battery Mineral management team’s most recent success is the discovery of the Berkwood Graphite resource in Northern Quebec. Green Battery Mineral owns this asset 100 percent and the Company’s shareholders should benefit from this asset as the demand for Graphite for electric vehicles increases significantly.  

On Behalf of the Board of Directors

Green Battery Minerals lnc.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations: 
or 1-604-343-7740     

info@greenbatteryminerals.com     www.greenbatteryminerals.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management.  Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Test Battery Update

April 29, 2021, VANCOUVER, B.C. Green Battery Minerals Inc. (TSX-V: GEM, FSE: BK2P, WKN: A2QENP, OTCQB: GBMIF) (“Green Battery” or the “Company”) is pleased to provide an update on the building of their test battery, which is being made from graphite from their road accessible Berkwood Graphite Project, northern Quebec.

GREEN BATTERY MINERALS’ mission and strategy is to become one of North America’s largest producers of clean, environmentally friendly high-quality anode materials to be used in batteries for electric vehicles and renewable energy storage.

The process of building a test battery from our graphite is underway.

Tom Yingling President and CEO states, “We are pleased to announce the large-scale purification process so far is going as planned. Approximately two years ago we tested small samples and I am pleased to confirm that we have recently reconfirmed success in large scale tonnage testing initially.  So far, the results have repeated themselves and we are very pleased to see such high-grade graphite that is easily separated and purified. Proving back up and repeatability of these processes is essential in attracting Lithium Ion battery manufacturers. One of the next steps will be purifying the Graphite to 99.95% purity, also previously done, and creating the anode to be tested in Lithium Ion batteries.”

Development of our anode material for a Test Battery – This is under way. The process starts by taking material from the ground, which contains graphite and host rock, and then purifying it with the intentions on testing our graphite as the anode in a finished battery. Several of these steps have already been confirmed two years ago and Green Battery has contracted another independent laboratory to process several thousand tons of our Graphitic material on a much larger scale than the precious laboratory. This will provide a much larger purified sample that we will send for further purification to 99.95% which will allow us to send samples to battery manufactures. This second independent laboratory will also produce a second back up of test results. This back up results should assist in reaching out to Lithium Ion battery manufactures.  The previous test results and current repeat test results are as follows:

  1. Extracting representative rock samples from the site: (Completed though our drill programs, channel sampling and rock sampling)
  2. Crushing the rock samples: Small sample completed two years ago and recently reconfirmed successfully in large scale tonnage.
  3. Floating the graphite in a high-grade concentrate from the host rock: Small sample completed two years ago and recently reconfirmed successfully in large scale tonnage.
  4. Purifying to 99.95% using the clean alkaline process: Small sample completed two years ago and preparing large scale tonnage to be tested.
  5. Spherization for battery use: (Still to be performed)
  6. Coating of the spheres: (Still to be performed
  7. Making an anode: (Still to be performed)
  8. Testing our anode against other standard anodes: (Still to be performed)

The process of purifying graphite starts with the crushing of the host rock that contains the graphite. The graphite flakes are then separated using flotation.

Base Metallurgical Laboratories Ltd., States:

To accomplish the concentrate generation, the process will be simulated in large batch or pilot equipment. Flotation processing can include Hydrofloat or conventional flotation. Gravity concentration will be performed on a Diester table.

Below is a visual of the process:

CORE FROM SAMPLING AND DRILL PROGRAMS:

The graphite bearing rock sample from our drill core and surface sampling were shipped to Base Metallurgical Laboratories Ltd.  These were then crushed, and the samples homogenized in four main composites.

CRUSHING PROCESS:

Samples were ground in a rod mill to the various grind sizes and tested in conventional rougher flotation tests. Cleaning and polishing tests are to follow.

Graphite before and after crushing

FLOTATION SEPARATION:

Graphite floats, it is put into flotation baths and a number of different process are used to have the graphite float to the top where it can then be removed. 

Qualified Person: Mr. Dave Kelsch, P.Geo. is a Qualified Person (“QP”) as defined by National Instrument 43-101 guidelines, and he has reviewed and approved the technical content of this news release.

About the Company: Green Battery Minerals is managed by a team with over 150 years collectively with a proven track record of not just finding numerous mines but building and operating them too. The Green Battery Mineral management team’s most recent success is the discovery of the Berkwood Graphite resource in Northern Quebec. Green Battery Mineral owns this asset 100 percent and the Company’s shareholders will benefit from this asset as the demand for Graphite for electric vehicles increases significantly.

On Behalf of the Board of Directors
Green Battery Minerals lnc.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations:

or 1-604-343-7740

info@greenbatteryminerals.com    www.greenbatteryminerals.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Green Battery Minerals Commences Trading on the OTCQB

Green, Clean, Recharge, Reduce, Environment first.

April 27, 2021, VANCOUVER, B.C. Green Battery Minerals Inc. (TSX-V: GEM, FSE: BK2P, WKN: A2QENP, OTCQB: GBMIF) (“Green Battery” or the “Company”) is pleased to announce that on April 27, 2021, the Company’s common shares began trading on the OTCQB Venture Market under the symbol “GBMIF”. The Company shares continue to trade on the Toronto Venture Stock Exchange (TSXV) under the symbol GEM and the Frankfurt Stock Exchange under the symbols FSE: BK2P, WKN: A2QENP.

Listing on the OTCQB is an extension of our capital markets strategy and an important step to increase investor awareness and interest in Green Battery Minerals as the world moves towards electrification.

The OTCQB is a leading market for early stage and developing companies and is operated by the OTC Markets Group Inc. To be eligible for approval to trade on the OTCQB, companies must be current on disclosure obligations, provide an annual company verification and management certification process, and to pass a minimum bid price test. The OTCQB quality standards create a solid baseline of transparency, as well as the technology to improve the information and trading experience for investors. It also provides access for investors who cannot access trading on the TSX Venture.

Green Battery Minerals next 6-month goals.

  1. Building an anode from our graphite to be tested in a Lithium Ion Battery.
  2. Increasing our resources with a drill program to be announced.
  3. Determine through lab work the best way to process our graphite.

About the Company: Green Battery Minerals is managed by a team with over 150 years collectively with a proven track record of not just finding numerous mines but building and operating them too. The Green Battery Mineral management team’s most recent success is the discovery of the Berkwood Graphite resource in Northern Quebec. Green Battery Mineral owns this asset 100 percent and the Company’s shareholders should benefit from this asset as the demand for Graphite for electric vehicles increases significantly.

On Behalf of the Board of Directors
Green Battery Minerals lnc.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations:

or 1-604-343-7740

info@greenbatteryminerals.com     www.greenbatteryminerals.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Company Update & Tom Yingling, President & CEO of Green Battery Minerals Inc will be Present at the Planet MicroCap Showcase

Video Link: https://youtu.be/N0eKXshRBQ0?t=4 

April 19,  2021, VANCOUVER, B.C. Green Battery Minerals Inc. (TSX-V: GEM, FSE: BK2P, WKN: A2QENP, OTCQB: GBMIF) (“Green Battery” or the “Company”) is pleased to provide a Company update and invitation to which Tom Yingling, President and CEO present at the Planet MicroCap Showcase, VIRTUAL conference. (See below for Invitation)

HIGHLIGHTS:

GREEN BATTERY MINERALS’ mission and strategy is to become one of North America’s largest producers of clean, environmentally friendly high-quality anode materials to be used in batteries for electric vehicles and renewable energy storage.

The Company is planning the next two year path to look like this.

  1. Field work – designed to expand the proven resource and prove environmentally the best way to advance. Preparation for drill program permits is underway.
  2. Environmental Assessment – Impact Assessment report
  3. Mineral Processing – Bulk samples, battery testing, final plant design.
  4. Other Reports Needed – PEA (Preliminary Economic Assessment), FS (Feasibility Study), and BAPE (Bureau d’audiences publique sur l’environnement)
  5. Sphericalizing our graphite -This would add $1000 per ton to any potential sales price.*
  6. Coating our graphite – This would add $4000 to any potential sales price.*
  7. Development of our anode material for a Test Battery  -This is under way.  We are starting from rock in the ground and will finish with a battery.  The process is.
    1. Extracting the rock from the site: Done  (Completed)
    2. Crushing the rock: Done  (Completed)
    3. Floating the rock (Graphite floats and is used to separate from the rock): This process is under way.
    4. Purifying to 99.95% using the clean alkaline process: Still to be done
    5. Sphericalzing: Still to be done
    6. Coating of the graphite: Still to be done
    7. Making an anode: Still to be done.
    8. Testing our anode against standard other anodes: Still to be done.
  8. ESG Commitment – Green Battery Minerals is committed to “Best in Class Standards”, by reducing the supply chain carbon footprint and targeting carbon neutrality for its entire production value chain.
  9. Offtake Agreements – Green Battery Minerals continues to progress qualification activities and commercial discussions with potential customers using graphite material extracted and purified to 99.95% taken from its Berkwood project.

*https://roskill.com/news/graphite-haida-new-energy-material-to-begin-coated-spherical-graphite-production/

The bar chart below outlines what the Company hopes to achieve over a  two year plan to head towards a decision to mine.

Accomplishments and Achievements.

Presentation outline this:

(https://greenbatteryminerals.com/wp-content/uploads/2021/04/2021-03-31-greenbattery-cp.pdf)

  • High-Grade Graphite – 17% average grade.
  • 70% -80% of our resource is Large to Jumbo flake size.
  • Metallurgical Tests Yield 97.8% Graphite.
  • Easily Purified to 99.95% using Standard Alkaline process. (Environmentally friendlier).
  • Quebec Location – One of the best jurisdictions to mine in the world.
  • Infrastructure – Dams, Road Access, Ports, Railway, and Workforce close by.
  • 4 very successful drill programs.
  • Year-round access.
  • On surface resource – open pit.
  • Reclamation cost low.
  • 11 other outcrop locations on the property.
  • Large to Jumbo flake size, will make spherical graphite – which is used in the anode of batteries. •Easily expandable for industrial uses.
  • Short fuse to production using a simple mining process.
  • De-risked compared to other graphite projects.
  • Low cost; both cap and operating.
  • 550,000 Tonnes of graphite and growing. (43-101 Resource Estimate)
  • Carbon6 off-take agreement.

Tom Yingling President and CEO states, “We are pleased to announce our path forward.  This next phase will continue to comply with Green Battery’s high ESG standards.  The Company benefits from access to some of the cheapest, greenest power in North America.  Quebec benefits from an abundance of inexpensive and clean hydroelectric power which will both save the Company money, as well as support the Companies ESG policy.   North America needs to create strong reliable local supply chains of high-quality battery materials that are produced with the lowest carbon footprint, with strict traceability compliance as well as ensuring that the cost of the graphite is always competitive.    

Tom Yingling, President & CEO of Green Battery Minerals Inc will be Present at the Planet MicroCap Showcase VIRTUAL 2021 show case.  Please join us.

To access the live presentation, please use the following information:

Thursday, April 22, 2021

Time: 2:30 PM Eastern Time (11:30  AM Pacific Time)

Webcast URL Link:: https://www.webcaster4.com/Webcast/Page/2059/40906

If you would like to book 1on1 investor meetings with Green Battery Minerals Inc, and to watch Tom Yingling  presentation, please make sure you are registered for the virtual event here: https://planetmicrocapshowcase.com/signup

1on1 meetings will be scheduled and conducted via private, secure video conference through the conference event platform.

The Planet MicroCap Showcase: VIRTUAL website is available here: https://planetmicrocapshowcase.com/

If you can’t make the live presentation, all company presentations “webcasts” will be available directly on the conference event platform on this link under the tab “Agenda”: https://planetmicrocapshowcase.com/agenda

Qualified Person: Mr. Dave Kelsch, P.Geo. is a Qualified Person (“QP”) as defined by National Instrument 43-101 guidelines, and he has reviewed and approved the technical content of this news release.

About the Company: Green Battery Minerals is managed by a team with over 150 years collectively with a proven track record of not just finding numerous mines but building and operating them too. The Green Battery Mineral management team’s most recent success is the discovery of the Berkwood Graphite resource in Northern Quebec. Green Battery Mineral owns this asset 100 percent and the Company’s shareholders will benefit from this asset as the demand for Graphite for electric vehicles increases significantly.  

On Behalf of the Board of Directors
Green Battery Minerals lnc.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations: 
or 1-604-343-7740
info@greenbatteryminerals.com     www.greenbatteryminerals.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management.  Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Green Battery Minerals Inc. – Private Placement Raises $2,113,000

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

PRIVATE PLACEMENT

Green Battery Minerals Inc. (“the Company”) (TSX-V: GEM) announces that it has received conditional approval and will now apply to the TSX-V for approval to close a private placement for proceeds of $2,113,000.  A total of 10,565,000 units (the “Units”) have been subscribed for at a price of $0.20 per Unit, each Unit consisting of one (1) common share and one warrant exerciseable for two years at $0.50.   The term of the warrants issued may be accelerated by the Company in the event that the Company’s shares trade at or above $1.00 for a period of 10 consecutive days. In such case of accelerated warrants, the Company may give notice, in writing or by way of news release, to the holders that the warrants will expire 30 days from the date of providing such notice.  

The Company has agreed to pay commissions of 8% cash and 8% warrants.

Proceeds of the private placement will be used for working capital and continued exploration on the Company’s properties including:

  1.  Potential Major drill program intended to expand mine life from 15 years to 25 years.
  2. Impact Assessment Report.
  3. Pursuing commercial arrangements with major graphite consumers. 

Green Battery Minerals is an ESG Committed Company.  The GREEN in our name and logo represents a choice in the way we do business. The overall well-being and respect for the environment and people come first.

 ENVIRONMENT
Climate Stability
Waste Management
Innovation
Natural Resources

SOCIAL
Human Capital
Value Chain – Ethical Supply Chain
Community
Diversity

GOVERNANCE
Risk Management
Anti-Bribery & Corruption
Corp. Governance
Transparency

Our graphite is unique as it can be easily Purified to 99.95% by using the clean and green standard alkaline process instead of hydrofluoric acid which is how the majority of all Lithium Ion battery graphite is currently purified.   

The issuance of the securities and finder’s fee payable are all subject to the approval of the TSX-V.  Securities to be issued will have the required hold period of one day and four months from issuance.

ON BEHALF OF THE BOARD

Thomas Yingling,
President and Director

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements which reflect the expectations of management.  Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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TSX Approves Green Battery Minerals Inc. name change

March 17th, 2021, VANCOUVER, B.C. Goldcore Resources Ltd (TSX-V: GEM, FSE: BK2P, WKN: A2QENP) (“Goldcore” or the “Company”) is pleased to announce that the TSX has approved the name change to GREEN BATTERY MINERALS LTD. (“Green Battery” or the “Company”) as outline in the NR March 2nd, 2021. The new name has been chosen to better reflect the Company’s strategic focus of working towards supplying green, clean (environmentally safe) elements for the Lithium Ion battery market.  This new chapter in the Company’s growth and development will be reflected in the company’s ESG (Environmental, Social, and Corporate Governance) focus.

  • The Company will keep its existing trading symbols and share structure.
  • Green Battery’s graphite project is an advanced project in which the Company has already invested over $6 million proving out a resource (NR Aug. 19th, 2019).
  • The existing resource material has demonstrated is readily purified to 99.95% using a clean alkaline process, and is expandable for industrial uses (NR Aug 27th 2019). 
  • Green Battery has contracted ProGraphite of Germany to  build test batteries to prove that its graphite can be used in making batteries.
  • Green Battery is working on verifying that spheronization and coating of the Company’s graphite is achievable and will allow for a value-added end product.
  • The project is located in Quebec, Canadian province determined to provide global leadership in the development of global strategic and sustainable mineral supply chain. The Company is headquartered in Quebec, and will engage with the Quebec government to pursue development of the Berkwood graphite project.

Green Battery Minerals Inc. has a proven road accessible graphite resource located in Northern Quebec. The high grade resource outcrops at surface and the exceptional graphite quality is distinctive among the world’s known graphite deposits. Over the past five years the Company has discovered and developed its Berkwood Graphite Project which is characterised by a tendency for an unuasual abundance of extremely large flake size sizes when compared with other world graphite sources.  These characteristics will permit the use of cleaner and greener purification process that reduces the use of hazardous materials. (NR Feb 7th 2019 and Aug 27th 2019).  The Berkwood resource is outcropping on surface, which means there will be less waste rock removal and lower environmental impact, and ready reclamation of the project post mining.  These qualities increase the economics of the project significantly as well as allow us to maintain our environmentally friendly business model.   Green Battery is also pleased to state that the Company will benefit from existing extensive infrastructure including hydroelectric power, year-round maintained highways and local skilled workforce. 

CEO Tom Yingling states: “The electrification of the world is occurring, and the Quebec government is behind the process and wants to ensure Quebec is a global leader in the development of the strategic commodity supply chain.  Quebec is blessed with the minerals needed for Lithium Ion Batteries and the Province is located proximal to the North American car manufacturing industry. In addition the St Lawrence seaway provides direct access to global seaborne trade.”

At the opening of the markets on Monday, March 22, 2021, the Company’s common shares will commence trading under the new name Green Battery Minerals Inc. There is no change in symbol. The Company’s new CUSIP number is 39261L105 and its new ISIN is CA39261L1058. There is no consolidation of the Company’s share capital in connection with the name change. As a result, shareholders are not required to exchange their existing share certificates for new certificates bearing the Company’s new name. The name change does not affect the Company’s share structure or the rights of the Company’s shareholders, and no further action is required by existing shareholders.

Qualified Person: Mr. Dave Kelsch, P.Geo. is a Qualified Person (“QP”) as defined by National Instrument 43-101 guidelines, and he has reviewed and approved the technical content of this news release.

About the Company: Green Battery Minerals is managed by a team with over 150 years collectively with a proven track record of not just finding numerous mines but building and operating them too. The Green Battery Mineral management team’s most recent success is the discovery of the Berkwood Graphite resource in Northern Quebec. Green Battery Mineral owns this asset 100 percent and the Company’s shareholders will benefit from this asset as the demand for Graphite for electric vehicles increases significantly.

On Behalf of the Board of Directors
Green Battery Minerals lnc.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations: 
or 1-604-343-7740
info@greenbatteryminerals.com     www.greenbatteryminerals.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management.  Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Announcing “Green Battery Minerals Inc.” a sustainable commodities Company

March 2nd, 2021, VANCOUVER, B.C. Goldcore Resources Ltd. (TSX-V: GEM, FSE: BK2P, WKN: A2QENP) (“Goldcore” or the “Company”) announces that the board of directors have approved a change of the Company’s name to “Green Battery Minerals Inc.”    The new name has been chosen to better reflect the Company’s strategic focus on working towards the exploration for, and development of green commodities required by the burgeoning Lithium Ion battery market.  The Company’s sustainability focus will reflect in its enhanced attention to ESG (Environmental, Social, and Corporate Governance) matters, which will underpin the Company’s aggressive growth plans.   The change of name is subject to the acceptance of the TSX Venture Exchange.  This change of name will be done without any share consolidation or change in trading symbol.  Shareholders will be informed once approved and will be advised of the new CUSIP number when issued.

  • the Company’s high grade, large flake Berkwood graphite project comprises an  advanced stage property in which the Company has already invested over $6 million and has published a maiden resource (NR Aug. 19th, 2019) and where the product has demonstrated it can be easily purified to 99.95% using a clean green alkaline process, and where the graphite product has demonstrated excellent expandability characteristics for certain industrial applications (NR Aug 27th 2019). 
  • the Company is building test batteries to prove their graphite can be used in making batteries.
  • the Company is working on verifying that the project graphite is amenable to efficient spheronization and coating and thus to add value to the end product.

  The Berkwood project is characterised by outcropping graphite that is expected to offer shallow development and ready remediation potential, in line with the Company’s values. A development project at Berkwood would benefit from existing extensive infrastructure, including hydroelectric power infrastructure, year-round maintained highways and local skilled workforce. 

Simon Moores, London, U.K.-based managing director of Benchmark Mineral Intelligence, states: A quarter of the cost of an EV is the lithium-ion battery, while four-fifths of the cost of the battery itself is the minerals, metals, and chemicals that go into it.   While the world’s governments and automakers focus on building EVs and battery plants, a true leader is yet to emerge in building the supply chains to feed them,” Moores said.”  “However, with surging demand for battery metals to serve the expanding EV supply chain, the market opportunity for Canada is growing.”

CEO Tom Yingling states: “I am very excited to move the Company forward under the new brand.  Management has been developing the Berkwood Graphite discovery over 5 years moving the project into a proven resource stage. We have stated numerous times that the demand for electric vehicle battery minerals will come strong, and it has just started. Although we are under a new name, the historical work of numerous drill programs, testing of our Graphite and millions of dollars being spent does not change.  Investors need to be aware that Graphite is not a homogeneous commodity like gold or silver.  When choosing to invest in a Graphite Company do your homework as not all graphite is created equal.” 

Qualified Person: Mr. Dave Kelsch, P.Geo. is a Qualified Person (“QP”) as defined by National Instrument 43-101 guidelines, and he has reviewed and approved the technical content of this news release.

About the Company:   Goldcore Resources Ltd. is managed by a team with over 150 years collectively with a proven track record of not just finding numerous mines but building and operating them too. The Company management team’s most recent success is the discovery of the Berkwood Graphite resource in Northern Quebec.   The Company owns this asset 100 percent and the shareholders will benefit from this asset as the demand for Graphite for electric vehicles increases significantly.  

On Behalf of the Board of Directors

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations: 
or 1-604-343-7740     

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management.  Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Goldcore commences shipping Graphite for preparation to build a test battery

February 19th, 2021, VANCOUVER, B.C. Goldcore Resources Ltd (TSX-V: GEM, FSE: BK2P, WKN: A2QENP) (“Goldcore” or the “Company”) is pleased to announce that several tonnes of graphitic rock sample collected over the past four years from the Company’s drill programs, as well as surface trenching programs are presently in transit to Base Metallurgical Laboratories Ltd. (“Base Metallurgical” www.basemetlabs.com) to be processed to produce approximately 1,000 kg of graphite concentrate.  This material will be used to produce battery anode material for the making of test batteries.

Base Metallurgical will crush, float and clean the graphitic rock sample material from Goldcore’s Berkwood Graphite project located in Northern Quebec.  Base Metallurgical are considered one of the leading industry experts in their field and have extensive experience in the flotation concentration process. 

Michel Robert states, Base Metallurgical is well known for it’s mineral processing expertise, based on many years of industrial experience.” 

The concentrate produced by Base Metallurgical will be sent to ProGraphite to purify to 99.95% (See News Release dated August 27th, 2019), and to make spherical graphite and further to coat the graphite for application in the anode components of test batteries. 

Spheroidization of natural graphite is important in a battery as it increases the availability of conductive surface area that improves battery efficiency owing to increased graphite packing density in the anode, whilst coating the spherical graphite, slows oxidation of the graphite to extend the number of recharging cycles and the life of the battery.    

CEO Tom Yingling states: “I am very pleased to have commenced shipping of our Graphite to Base Metallurgical as it is a key step towards getting our Graphite prepared for testing in Lithium Ion Batteries.  It will also move us closer towards getting the 1,000 kgs we need in order to commence shipping 15 kg parcels of the Company’s High Grade Graphite to Lithium Ion Battery manufacturers and or other consumers of Graphite, which is one of the key steps to potentially securing an offtake agreement.” 

Qualified Person: Mr. Dave Kelsch, P.Geo. is a Qualified Person (“QP”) as defined by National Instrument 43-101 guidelines, and he has reviewed and approved the technical content of this news release.

About the Company: Goldcore Resources is managed by a team with over 150 years collectively with a proven track record of not just finding numerous mines but building and operating them too. The Goldcore management team’s most recent success is the discovery of the Berkwood Graphite resource in Northern Quebec. Goldcore owns this asset 100 percent and the Company’s shareholders will benefit from this asset as the demand for Graphite for electric vehicles increases significantly.  

On Behalf of the Board of Directors

Goldcore Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations: 
or 1-604-343-7740     

info@goldcoreresources.com     www.goldcoreresources.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management.  Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Goldcore to produce 1000 kg of Graphite concentrate for Lithium Ion Battery Testing

February 11th , 2021, VANCOUVER, B.C. Goldcore Resources Ltd (TSX-V: GEM, FSE: BK2P, WKN: A2QENP) (“Goldcore” or the “Company”) is pleased to announce that it has engaged Base Metallurgical laboratories Ltd. (“Base Metallurgical”) to produce 1000 kg of graphite concentrate from Berkwood Project channel and drill core sample material for use in applied technical tests, and to more fully characterise the Berkwood Project graphite product. Test work will in particular focus on Lithium Ion Battery anode components. Over the past four years Goldcore has collected and stored raw graphite mineralised rock sample material from its Berkwood Graphite Project located in Northern Quebec for use in future metallurgical and application tests, and as a reference material for the Company’s stated project resource (refer NR of Aug 19th, 2019). A subsample of reference raw material will be shipped to Base Metallurgical and processed, concentrated and purified to produce up to 1,000 kg of high-grade Graphite.

Goldcore continues to receive abundant interest in further study of the Berkwood Project product from graphite users and trade experts to further demonstrate the applications to which the Company’s product will be most suited. In particular, the compelling jumbo- and large-flake size distribution that occurs naturally in the Zone 1 resource, and the ready upgrading of a concentrate of 97.8% graphite by crushing and flotation (please refer to the NR of Feb 7th, 2019, and the video at https://youtu.be/DXWCpr3G1-c ) is regarded by industry participants as being highly encouraging.

Michel Robert states, “Even when compared against a global suite of Graphite prospects, projects and mines, it is extremely rare to see graphite concentrates that are readily processed to yield both an abundance of large flakes AND high graphitic carbon grade. Berkwood’s initial Graphite process samples have, to date, delivered on both these highly desirable and therefore potentially valuable characteristics.”

The Company previously sent Berkwood Project 97.8% graphite concentrate to ProGraphite where the concentrate was readily purified to 99.95% (NR Aug 27, 2019). The near term plan is to have Base Met repeat the process with more core and channel sample material, and then to send the concerntrate to ProGraphite to purify to 99.95, make spherical graphite and coat the graphite for application in the anode components of test batteries. The Company will also use the purified product to supply a number of Battery Manufactures, and other consumers and purchasers of Graphite with test samples (commonly in 15 kg parcels) for those users to test the product for their own application-specific purpose.

CEO Tom Yingling states: “I am very pleased to have engaged Base Metallurgical Labs to process the Graphite that we have collected over the past four years to concentrate 1000kg of high-grade Graphite. Tests undertaken to date have shown excellent expandability characteristics, ready amenability for purification to 99.95% using a standard alkaline process, and that a high proportion of large flake graphite that is amenable to spheroidization is present. Being able to send 15 kg parcels of the Company’s High Grade Graphite is one of the key steps to potentially securing an offtake agreement with a Lithium Ion Battery manufacturer and or other consumers of Graphite.”

Qualified Person: Mr. Dave Kelsch, P.Geo. is a Qualified Person (“QP”) as defined by National Instrument 43-101 guidelines, and he has reviewed and approved the technical content of this news release.

About the Company: Goldcore Resources is managed by a team with over 150 years collectively with a proven track record of not just finding numerous mines but building and operating them too. The Goldcore management team’s most recent success is the discovery of the Berkwood Graphite resource in Northern Quebec. Goldcore owns this asset 100 percent and the Company’s shareholders will benefit from this asset as the demand for Graphite for electric vehicles increases significantly.

On Behalf of the Board of Directors
Goldcore Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations:
or 1-604-343-7740

info@goldcoreresources.com    www.goldcoreresources.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Goldcore to build Lithium Ion Batteries

February 4th, 2021, VANCOUVER, B.C. Goldcore Resources Ltd (TSX-V: GEM, FSE: BK2P, WKN: A2QENP) (“Goldcore” or the “Company”) is pleased to announce that ProGraphite GmbH (“ProGraphite”), one of the world’s leading graphite R&D Laboratories located in Germany, is under contract by Goldcore Resources Ltd. to build several sample Lithium Ion Batteries using graphite from the Company’s Berkwood Graphite deposit. 

In August 2019 Berkwood Graphite samples were shipped to ProGraphite and numerous tests were conducted.  ProGraphite has confirmed that Berkwood graphite is unique in that it is very high grade and course compared to generally available graphite from present world producers. Test results demonstrated its excellent qualities for various commercial uses including, expandability, and that it is easily purified to 99.95% using a standard alkaline process instead of using environmentally dangerous Hydrofluoric Acid, which is currently how the majority of the worlds battery grade graphite is purified. 

This environmentally friendly process will allow Goldcore to produce battery grade graphite using a clean energy process and reduce the carbon footprint of the purchasers of Berkwood Graphite.   Clean energy and reducing carbon footprint are first and foremost for electric vehicle battery producers.  Not only is Berkwood graphite providing a clean energy alternative to the manufacture of electric vehicles but it is being done so within North America.

Tom Yingling, President and CEO states, “I am very pleased to be one of the first North American graphite companies to actually build sample lithium Ion Batteries from its own Graphite.   As a leading specialist in Graphite, ProGraphite is one of only a few laboratories in the world that have the technology and expertise to create Goldcore’s first Lithium Ion Battery.  The world is demanding clean energy and reducing carbon footprints.  Goldcore’s graphite is unique as it has shown that it can be easily purified without using Hydrofluoric acid, which is how the majority of the worlds Graphite is purified now.  Not only is the Berkwood Graphite “Greener” it is also higher grade and courser compared to generally available graphite from present world producers.  In addition to world class Graphite Goldcore shareholders also benefit from an excellent share structure with only approximately 33 million shares outstanding.”

About the Company: Goldcore Resources is managed by a team with over 150 years collectively with a proven track record of not just finding numerous mines but building and operating them too. The Goldcore management team’s most recent success is the discovery of the Berkwood Graphite resource in Northern Quebec. Goldcore owns this asset 100 percent and the Company’s shareholders will benefit from this asset as the demand for Graphite for electric vehicles increases significantly.

On Behalf of the Board of Directors
Goldcore Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations:
or 1-604-343-7740

info@goldcoreresources.com     www.goldcoreresources.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Elon Musk stated “Our batteries should be called Nickel-Graphite, because its mostly Nickel and Graphite.”

January 12th, 2021, VANCOUVER, B.C. Goldcore Resources Ltd (TSX-V: GEM, FSE: BK2P, WKN: A2QENP) (“Goldcore” or the “Company”) looks forward to an estimated 500 percent forecasted increase in demand for Graphite as the worlds Auto manufacturing turns towards Electric Vehicles (EVs).  One of the main minerals used in Lithium Ion batteries is graphite.  In an interview with Elon Musk he confirms this point. https://www.youtube.com/watch?v=HmygPqI0-rw

Our batteries should be called Nickel-Graphite, because its mostly Nickel and Graphite.”

Elon Musk –  Tesla CEO

This projected increase in demand for graphite will bode well for graphite explorers and producers that have the correct type of graphite that makes up the anode, the negative side, in batteries. Electric vehicle batteries require very specific unique types of graphite. Goldcore has some of the highest grade and largest flake graphite in the world. Over the past five years Goldcore has completed numerous drill programs on its Berkwood graphite project, located in Northern Quebec, that has intersected graphite in every hole. Metallurgy tests have been completed and the company has some of the highest grade and largest flake graphite in the world, making the company’s graphite unique. As per the company’s news release dated Aug. 19, 2019, it has proven up a robust mineral resource of high-grade and large flake graphite.

  • 3.29 million tonnes of indicated and inferred graphite;
  • Average grade of 17 per cent indicated, 16.5 per cent inferred;
  • The company’s medium graphite averages 80 per cent large to jumbo flake;
  • Graphite easily purified to 99.95 per cent.

The majority of natural spherical graphite is produced in China, with their production levels increasing significantly over the past few years, most of which stays in China. Volkswagen, Mercedes Benz, BMW and the large American Auto manufacturers have all pledged that they will move toward replacing the traditional fossil fuel burning cars with clean energy, with electric vehicles leading the way. Many governments have mandated all new cars be electric by 2030 to 2040. Goldcore’s graphite is ideal for making spherical purified graphite, the type needed for the anode in batteries.

Not only will the demand for graphite be brought on by the large auto manufacturers for electric vehicle batteries but solar, wind farm, geothermal and other clean energies will also cause an exponential demand for graphite.

Other significant advantages Goldcore’s graphite deposit offers:

  • Mining-friendly district in Northern Quebec, Canada;
  • Road accessible;
  • Multiple at surface Graphite Mountain tops all close together;
  • Multiple at surface graphite zones not yet drilled;
  • Existing proven graphite resource only explored about 20 per cent still open in three directions;
  • Experienced management with over 150 years of collective mining experience;
  • Management has been involved in over 15 different producing mines;
  • Neighbour has been fully permitted and green lighted by first nations, local communities, government and environmental aspects to build its graphite mine.

Tom Yingling, president and chief executive officer, states: “Electric vehicle demand will cause a significant increase in all of the battery minerals. Bloomberg has forecasted the demand for graphite to increase by 500 per cent over the next several years. Goldcore has a proven resource of some of the world’s best graphite. We look forward to being part of the clean energy solution by providing world-class graphite.”

About the Company: Goldcore Resources is managed by a team with over 200 years collectively with a proven track record of not just finding numerous mines but building and operating them too.  The Goldcore management team’s most recent success is the discovery of the Berkwood Graphite resource in Northern Quebec.  Goldcore owns this asset 100 percent and the Company’s shareholders will benefit from this asset as the demand for Graphite for electric vehicles increases significantly. 

On Behalf of the Board of Directors
Goldcore Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations:
or 1-604-343-7740

info@goldcoreresources.com     www.goldcoreresources.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Goldcore to build Lithium Ion Batteries

December 29, 2020 , VANCOUVER, B.C. Goldcore Resources Ltd (TSX-V: GEM, FSE: BK2P, WKN: A2QENP) (“Goldcore” or the “Company”)   Announces that it has granted stock options to its directors, officers and consultants in the aggregate amount of 2.1 million common shares, exercisable at 11 cents for five years. The option agreements are granted according to the company’s stock option plan.

About the Company: Goldcore Resources is managed by a team with over 150 years collectively with a proven track record of not just finding numerous mines but building and operating them too. The Goldcore management team’s most recent success is the discovery of the Berkwood Graphite resource in Northern Quebec. Goldcore owns this asset 100 percent and the Company’s shareholders will benefit from this asset as the demand for Graphite for electric vehicles increases significantly.

On Behalf of the Board of Directors
Goldcore Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations:
or 1-604-343-7740

info@goldcoreresources.com     www.goldcoreresources.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Goldcore Resources Ltd. – Private Placement 1st Tranche Closes ($1,108,300 Hard Dollars)

Goldcore Resources Ltd. – Private Placement 1st Tranche Closes
($1,108,300 Hard Dollars)

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

1st TRANCHE PRIVATE PLACEMENT CLOSES

Goldcore Resources Ltd. (“Goldcore” or “the Company”) (TSX-V: GEM) announces it has closed a 1st tranche of its private placement offering and has raised $1,108,300. 11,083,000 units (the “Units”) have been subscribed for at a price of $0.10 per Unit, each Unit consisting of one (1) common share and one warrant exerciseable for two years at $0.20. The term of the warrants issued may be accelerated by the Company in the event that the Company’s shares trade at or above $0.25 cents for a period of 10 consecutive days. In such case of accelerated warrants, the Company may give notice, in writing or by way of news release, to the holders that the warrants will expire 30 days from the date of providing such notice. . All securities will be subject to a four-month plus one day hold period expiring April 16, 2021.

Insiders have participated in the private placement as to 900,000 Units ($90,000). This participation constitutes a “related party transaction” within the meaning of Multilateral Instrument 61‐ 101 Protection of Minority Security Holders in Special Transactions (“MI 61‐101”), however it is exempt from the valuation and minority shareholder approval requirements of MI 61‐101 by virtue of the exemptions contained in Sections 5.5(a) and 5.7(a) of MI 61‐101, in that the fair market value of the shares purchased by the insiders does not exceed 25% of the Company’s market capitalization and the Company’s shares are listed on the TSX Venture Exchange.

The Company has agreed to pay cash commissions of $45,264, issue 136,000 compensation shares and 316,640 finder warrants.

Proceeds of the private placement will be used for working capital and continued exploration on the Company’s properties.

About the Company: Goldcore is engaged in exploration for the commodities that enable the modern revolution in essential technologies. These technologies are dependent upon the ethical mining and supply of naturally occurring elements and minerals that enhance the performance of energy storage systems and permit the development and miniaturization of new electronics and structural components for the new suite of innovative tools. The Company is led by a team with collectively over 200 years experience and whose members have been involved with the discovery of several producing mines.

On Behalf of the Board of Directors
Goldcore Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations:
or 1-604-343-7740

info@goldcoreresources.com     www.goldcoreresources.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Goldcore changes name of Graphite Resource

November 25th, 2020, VANCOUVER, B.C. Goldcore Resources Ltd. (TSX-V: GEM, FSE: BK2P, WKN: A2QENP) (“Goldcore” or the “Company”) is pleased to announce that it has renamed its Graphite project located in Northern Quebec from the “Lac Gueret South Project” to the “Berkwood Graphite Project.”  The Berkwood Graphite Project is located in Northern Quebec and has a proven resource on it.  As per Goldcore’s news release (previously named Berkwood Resources) dated August 19th, 2019 the Company is pleased to provide the following resource estimate on the Berkwood Graphite Project.

The maiden Mineral Resource Estimate for Lac Guéret South, Zone 1, (now called Berkwood, Zone 1)  is summarized in Table 1 (with annotation). The Mineral Resource Estimate is based on drilling campaigns in 2017 and 2018 totalling 6,232.49 meters.

Table 1:  Base Case Pit-Constrained Mineral Resource Estimate at the Lac Guéret South Project1

Mineral Resource Category

Current Resource (June 2019)8

Tonnage (Mt)5,7

Grade (% Cgr)4

Cgr (t)6

Indicated

1.76

17.00

299,200

Inferred3

1.53

16.4

250,200

Notes:

  1. The mineral resources provided in this table were estimated using current Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Standards on Mineral Resources and Reserves, Definition and Guidelines.
  2. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Additional trenching and/or drilling will be required to convert Inferred and Indicated Mineral Resources to Indicated and Measured Mineral Resources.
  3. Inferred Mineral Resources represent material that is considered too speculative to be included in economic evaluations. Additional trenching and/or drilling will be required to convert Inferred Mineral Resource to Indicated or Measured Mineral Resources/Reserves.
  4. All assays used for the Resource Estimates were performed by MS Analytical in Langley, BC with verification samples analysed at ALS-Laboratory at Burnaby, BC for graphitic carbon (“% Cg”), internal analytical code SPM-140 and GE_CSA05V respectively.
  5. Current Resource effective June 30, 2019.
  6. No recovery was applied in the calculation of tonnage of graphitic carbon (90% recovery was applied in pit optimization to define pit constrained mineral resources).
  7. The Current Mineral Resources are stated at a cut-off grade of 6.81% Cgr.

The company ProGraphite GmbH offers professional expertise and a wide range of laboratory services in natural graphite. ProGraphite’s laboratory expertise is well recognized in the industry for the determination of flake graphite qualities specific to various end uses. For more information about ProGraphite, please visit: www.pro-graphite.com

The main findings of ProGraphite are:

  • The size distribution of the flake graphite in the concentrate shows a coarse flake size, above market standard (based on the two screened samples “Berkwood 20×50” and “Berkwood 50×100”).
  • Graphitic carbon grade of the tested graphite samples is above 98% Cgr.
  • The tested material is very suitable for the production of expandable graphite. Expansion rates of 380 ml/g (H2O2 method) and 390 ml/g (KMnO4 method) have been achieved easily.
  • The carbon content obtained after a standard alkaline purification process was 99.95%.

Edward Lyons, PGeo (BC,QC,NL) states: “The results of the initial resource estimate and metallurgical testwork demonstrate that the Zone 1 deposit as tested to date has substantial resources and robust recoveries, subject to further testing. The deposit has not been closed off in the lateral extents and the several geophysical surveys suggest that the shallower mineralisation continues around the western fold hinge. The strike length has the potential to significantly increase resources with future development drilling. The Zone 2 target now in an early exploration stage, may add mineralisation as well.”

The technical data included in this release was prepared by qualified independent experts, as defined by NI 43-101 Regulation, including Claude Duplessis Eng., of GoldMinds Geoservices Inc. (resource estimation), Edward Lyons PGeo (BC, QC,NL) of Tekhne Research Inc. (senior author and most of the report), and Florent Baril, Eng. of Bumigème Inc. (mineral processing and metallurgical testing).

Berkwood Resource Ltd has finalised the independently prepared Mineral Resource Estimate technical report, in accordance with the National Instrument (NI) 43-101, detailing this important work, and the report is now filed on SEDAR at www.sedar.com .

Tom Yingling, President and CEO states, “The market and timing over the last year was not optimal for graphite and it did not give our shareholders the value they deserved. However, this is changing as the demand for graphite is coming back with governments banning fossil fuels.  (UK – 2030 , Quebec -2035 and Cal.-2035).  These changes will add to the rapidly accelerating Electric Vehicle (EV) market and will have a major impact on mineral supply chains, including graphite. 

Manufactures are starting to feel the effects from the strains on the battery minerals supply chain.   In February Audi temporarily halted the production of its electric SUV, the e-tron, citing “battery supply bottlenecks.” It reduced its production to 4,100 EV, some 1,600 short of its 2020 target. This is not an isolated case.  Jaguar, Land Rover is pausing the production of its I-Pace electric SUV as is Mercedes of its EQC due to the unavailability of certain key ingredients for batteries.

We feel vertical integration is one answer to this.   A long-term approach will be required by all the supply chains, to ensure that the supply of batteries to EVs remains at a good pace.  

We are confident that Canada and Quebec will play a large role in the up and coming supply chain of battery minerals.   In addition, new owners of EV’s will want to make sure that their cars are not made from materials coming from countries where corruption, human rights and environmental abuses are happening.” 

About the Company:  Goldcore Resources is managed by a team with over 200 years collectively with a proven track record of not just finding numerous mines but building and operating them too.  The Company has a proven resource at its 100 percent owned Berkwood Graphite Project and has recently announced that it has entered into a definitive agreement, subject to exchange approval, to acquire the “Stallion Gold and Silver Project” located next door and contiguous to Benchmark Metals, in British Columbia’s famous Golden Horseshoe region, as per the news release dated October 27th, 2020.

On Behalf of the Board of Directors

Goldcore Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations: 
or 1-604-343-7740     

 info@goldcoreresources.com     www.goldcoreresources.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management.  Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Berkwood to roll back shares, change name effective Aug. 28

VANCOUVER, B.C. – Berkwood Resources Ltd. (TSX-V:BKR, FSE: BK2N (WKN: A2DNV4) (the “Company”) is pleased to announce that effective August 28, 2020 at market open, the Company will consolidate its common shares on the basis of one (1) new post-consolidation common share for every four (4) pre-consolidated common shares. Simultaneously with the consolidation, the Company will change its name to “Goldcore Resources Ltd.“. The Company’s common shares will begin trading on a post consolidated basis on the TSX Venture Exchange under the name “Goldcore Resources Ltd” and new symbol “GEM” on August 28, 2020.

As a result of the consolidation, the Company’s outstanding 69,781,341 common shares will be reduced to 17,445,335 common shares. No fractional shares will be issued. Any fractions of a share will be rounded to the nearest whole number of common shares. The consolidation and name change was approved by the directors and accepted by the TSX Venture Exchange.

Registered shareholders will be required to exchange their share certificates representing pre-consolidation common shares for new share certificates representing post-consolidation common shares. Registered shareholders will be sent a transmittal letter from the Company’s transfer agent, Computershare Investor Services Inc., as soon as practicable after the effective date of the consolidation. The letter of transmittal will contain instructions on how certificate(s) representing pre-consolidation shares may be surrendered to Computershare Investor Services Inc. The transfer agent will forward to each registered shareholder who has provided the required documents a new share certificate representing the number of post-consolidation common shares to which the shareholder is entitled. Until surrendered, each certificate representing pre-consolidation common shares of the Company will be deemed for all purposes to represent the number of whole post-consolidation common shares to which the holder is entitled as a result of the consolidation.

It is the opinion of the Board of Directors of the Company the consolidation will facilitate new equity investments in the Company.

For more information contact Thomas Yingling at 604-343-7740.

On Behalf of the Board of Directors

President, CEO & Director

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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