Coniagas, university look into Graal metallogenic work

Executive Summary

• Coniagas Battery Metals Inc. has entered a research partnership with Université du Québec à Chicoutimi (UQAC) to study nickel‑copper sulphide mineralization at the Graal property.
• The collaboration will generate new geological models, petrogenetic insights and machine‑learning tools to improve targeting of Ni‑Cu‑Co‑PGM deposits.
• A 2025 exploration program is outlined, including an airborne EM‑magnetic survey, initiation of a diamond drilling campaign and integration of research findings into future work.

Key Details

• Partnership Scope: Master's project led by Prof. S. Dare and Prof. R.-L. Simard; team sampled drill core from Discovery, Gravi and MHY zones at Graal’s core shack in 2024.
• Research Focus: Petrogeochemical characterization and mapping of anorthositic facies on the northern margin of the Lac‑Saint‑Jean anorthositic suite to elucidate metallogenic processes for Ni‑Cu sulphides.
• Strategic Value: Enhances understanding of Proterozoic anorthositic mineralization in Quebec’s Grenville province, a region noted for critical metal deposits (e.g., Voisey’s Bay).
• 2025 Exploration Activities:
• Completion of detailed airborne electromagnetic‑magnetic survey over known prospective areas.
• Launch of a diamond drilling campaign targeting the Discovery, Gravi and MHY zones.
• Integration of UQAC research results into exploration target models.
• Ongoing permitting work and stakeholder engagement with First Nations and local governments.
• Quotes:
• Frank Basa (CEO): “This partnership exemplifies how academic research can accelerate mineral discovery…UQAC's work provides critical geological insights while we advance a project containing nickel, copper, cobalt and platinum group metals.”
• Dr. Renée‑Luce Simard (UQAC): “We hope that our findings will offer a clearer picture of the processes that formed copper and nickel deposits at Graal.”
• Qualified Person Review: Technical information reviewed by Maxime Bouchard, Geo, MSc (OGQ No. 1752); historical drill results not fully verified but deemed indicative of exploration potential.

Notable Quotes

• “This is a new era of mineral exploration where science, technology and community values are equally prioritized.” – Frank Basa, CEO
• “Our findings will guide exploration and ensure sustainable resource development.” – Dr. Renée‑Luce Simard, UQAC

Materiality Assessment: Non‑Material – Positive (the announcement provides a positive operational update but does not contain immediate financial or resource estimate impacts).