Grid Battery completes phase 2 exploration at Grid B.C.

Mr. Tim Fernback reports GRID BATTERY ANNOUNCES THE COMPLETION OF THE SECOND PHASE OF ITS 2025 FALL EXPLORATION PROGRAM ON ITS GOLD-COPPER PROPERTY The second phase of the fall exploration program on Grid Battery Metals Inc.'s 275-square-kilometre gold-copper mineral project in central British Columbia, Canada, has been completed by its Canadian contract geological team, Hardline Exploration. The second exploration phase concentrated additional exploration work in the Jupiter and Starlight claim blocks located to the farthest west (Jupiter) and farthest north (Starlight) of the Grid B.C. gold-copper project. Please refer to the technical report for Grid B.C. copper-gold project, dated Jan. 24, 2025, prepared by Jeremy Hanson, PGeo (filed on SEDAR+ and its website). Jupiter claim block Additional work performed on the Jupiter claim block included three east-west-oriented soil lines south of the cirque basin and 25 B-horizon soil samples, together with silt and rock samples. The area traversed in phase 2, referred to as work area 15, contains outcrops of phyllite, which host numerous quartz veins. Program objective The 2025 exploration program was designed to conduct a focused evaluation of the work area 15 target, a high-priority geochemical anomaly identified by previous operators. The work involved two complementary activities: Detailed prospecting and rock sampling directly on the ridge-top anomaly; First-pass soil and rock sampling in the cirque basin situated directly below work area 15. Geological context and rationale The program's target was derived from a 2021 exploration program completed by Equity Exploration on behalf of South 32 Ltd. (B.C. assessment report 39911). That work identified work area 15 as a high-priority target due to its high geochemical rank and anomalous values in multiple pathfinder elements, including silver, copper, manganese and lead. A Worldview-3 satellite alteration survey, also part of the 2021 program, identified iron oxide signatures on the ridge at work area 15. The current program represents the first follow-up work by Grid Battery Metals on this specific target. Starlight claim block Additional work conducted at the Starlight claim block included reconnaissance prospecting, rock and soil sampling. A total of 72 rock samples and 24 conventional soil samples were collected during traverses along prominent ridgelines in the western and central portions of the property, east of the Pinchi fault. Prospecting in these areas confirmed the presence of a suite of intermediate to felsic intrusive rocks, including quartz diorite, granodiorite, monzodiorite and monzonite. Various styles of alteration were noted, most commonly potassic (K-feldspar) alteration, which was observed both pervasively and as veins. Localized epidote and chlorite alteration was also recorded. Observations of copper mineralization included malachite, chalcocite, bornite and chalcopyrite, often associated with altered intrusive rocks. Following up on the additional prospecting and sampling, a targeted MMI geochemical survey was designed to test two distinct target areas: Northern target: a discrete magnetic anomaly located along the main northwest-trending magnetic lineament that corresponds with the mapped trace of the Pinchi fault; Southern target: an area adjacent to a historical copper-gold-molybdenum MMI anomaly, focusing on the trend of a strong molybdenum response identified by previous operators. Tim Fernback, president and chief executive officer, commented: "The exploration program follows up on previous work conducted and includes geochemistry across various untested magnetic features on Starlight and Jupiter claims. This area of British Columbia has already generated several promising projects, and our land package is strategically situated to exploit the high gold-copper values of the region. Nearby the Mount Milligan open-pit gold-copper mine operated by Centerra Gold recently announced its prefeasibility study that extended the life of its open-pit mine by about 10 years. The area has proven itself to be a great place to look for both gold and copper. We have said this many times: British Columbia is well known to be a safe and mining-friendly jurisdiction with reasonable government permitting processes and great mining infrastructure." Mr. Fernback continued, "We expect to have these assay results by the end of the fall, and, shortly thereafter, our team plans to devise next exploration steps identified on the various claim blocks we hold in the area." About the B.C. gold-copper property The company acquired a 100-per-cent interest in 17 mineral claims comprising 27,525 hectares (approximately 275 square kilometres) located in north-central British Columbia. The region is host to numerous operating mines and good infrastructure, including experienced exploration and supporting services. Prominent among early discoveries in the Omineca region include the nearby Lustdust/Stardust copper-gold deposit; the Kwanika copper-gold deposit and the Lorraine copper deposit (all of which are owned by Northwest Copper Corp.). The company's claims are also located between Centerra Gold Inc.'s prominent copper/gold assets, the Kemess North project and the operating Mount Milligan mine, which has produced over 1.8 million ounces of gold and 742 million pounds of copper (technical report on the Mount Milligan mine, Nov. 7, 2022, B. Borntrager et al.). B.C. Minfile assessment report data indicate that most of the area covered by the copper property was at one time or another covered by staking during surges of exploration in British Columbia dating from the 1940s to present-day. Largely, the claims appear to have been minimally explored with little follow-up. However, some work was recorded on several claims with results for stream sediment sampling showing anomalous to highly anomalous results for gold in a few areas. These areas were recommended for detailed follow-up; however, due to a downturn, no further work was recorded. The Omineca group claim areas are within the northern Quesnel trough underlain by the Cache Creek terrane and lies close to the Pinchi fault. The Quesnel trough hosts numerous porphyry copper-gold deposits. The Pinchi fault can be traced for 600 kilometres through north-central B.C. and separates Cache Creek rocks from the Jurassic Hogem batholith and Triassic-Jurassic Takla rocks to the west. Rocks have a north-northwest strike trend typical of the entire Intermontane belt in which the Cache Creek terrane lies (Gabrielse and Yorath, 1992). A wide range of Jurassic to Tertiary intrusions cuts the Cache Creek assemblage, and many of these are emplaced along the prominent northwest-trending structures and stratigraphic breaks. Numerous mercury occurrences are present along the length of the Pinchi fault (Albino, 1987), and a few gold and base metal occurrences are present near the Pinchi fault, including the Lustdust, Lorraine, Indata and Axelgold properties. There are at least two alkalic gold-copper porphyry systems in the immediate Lustdust (now known as Stardust) area: J49 and Axel properties (Schiarrizza, 2000). The qualified person has been unable to verify the information, and the information is not necessarily indicative to the mineralization on the property that is the subject of the disclosure. Qualified person Jeremy Hanson, PGeo, an independent qualified person as defined under National Instrument 43-101, has reviewed and approved the technical content in this news release. About Grid Battery Metals Inc. Grid Battery is a Canadian-based exploration company whose primary listing is on the TSX Venture Exchange. The company maintains a focus on exploration for high-value battery metals required for the electric vehicle market. We seek Safe Harbor.