Global Battery Metals Ltd. provided a near-term business update, as the Company prepares for an extensive exploration program in 2023 focused on advancing core lithium assets. GBML now confirms that the NW Leinster Lithium Project assay results are expected to arrive by the end of January. The Company also reports discovering pegmatite dykes at its La Poile Lithium Project in Newfoundland, and while initial samples were not Li-bearing, the team plans to conduct a more comprehensive Phase II sampling program this spring believing that recent results may help provide vectors to lithologies hosting Li mineralization in other licensed areas.

Finally, the Utah Lithium King Project is targeting First Quarter 2023 to begin its maiden drill program.