# Green Battery and ESG-friendly Battery Developer Volt Carbon Technologies to co-develop the Berkwood Graphite Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/green-battery-and-esg-friendly-battery-developer-volt-carbon-technologies-to-co--63a6aa41-8997-4d30-8705-0df0d6eaf6a0 Original source: https://money.tmx.com/en/quote/GEM/news/4733208236070200/green-battery-and-esg-friendly-battery-developer-volt-carbon-technologies-to-co- Publisher: tmx Original announcement: 2024-06-11T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Green Battery Minerals Inc. - Ticker: GEM - Exchange: TSX - Region: Quebec - Primary commodity: Graphite - Secondary commodities: None reported - Document categories: Resource update, Agreement transaction - Extracted: 2026-09-12 07:32:48 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Green Battery Minerals has entered into an option agreement with Volt Carbon Technologies to co-develop the Berkwood Graphite Project, with Volt providing $150,000 in exploration funding and a $1.5M cash payment. The announcement also restates the project's historical in-pit graphite resource from 2019. Reasoning: The company entered a JV/option agreement to co-develop the project, while restating a high-grade historical graphite resource. - Positive factor: strategic partnership with Volt Carbon - Positive factor: funding for exploration - Positive factor: high-grade graphite resource - Negative factor: resource is historical \(2019\) Facts used in scoring: 3 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document restates the mineral resource for the Berkwood project. Evidence · text > The current mineral resource at Green Batteries Berkwood Graphite Project includes... **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource is described as being from an NI 43-101 Technical Report. Evidence · text > described in the technical report entitled, NI 43-101 Technical Report **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: The resource estimate is dated June 2019, which is more than 2 years old. Evidence · text > Current Resources \(as of June 17, 2019\) ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/green-battery-and-esg-friendly-battery-developer-volt-carbon-technologies-to-co--63a6aa41-8997-4d30-8705-0df0d6eaf6a0#fact-resource-facts-1) Berkwood Graphite Project · graphite Historical result Needs review: historical\_restatement #### Identity - Project: Berkwood Graphite Project - Commodity: graphite - Region: canada\_qc - Reported Region: Quebec - Ticker: GEM #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Edward Lyons, Florent Baril, Claude Duplessis - Resource group id: resource:11efe0956b7fc9947c68 - Deposit or zone: Lac Gueret South Project - Material type: in-pit - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 1760000 - Grade: 17 - Grade Unit: % Cgr - Cutoff Grade: 6.81 - Cutoff Unit: % #### Prior Estimate - Resource Date: 2019-06-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2019-06-17T00:00:00.000Z #### Dates - Event date: 2024-06-11T00:00:00.000Z Reasoning: High-grade indicated graphite resource, but data is from 2019. - Positive factor: high grade - Negative factor: stale data Evidence · table > 17.0 Context: 1.76 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 5.0 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/green-battery-and-esg-friendly-battery-developer-volt-carbon-technologies-to-co--63a6aa41-8997-4d30-8705-0df0d6eaf6a0#fact-resource-facts-2) Berkwood Graphite Project · graphite Historical result Needs review: historical\_restatement #### Identity - Project: Berkwood Graphite Project - Commodity: graphite - Region: canada\_qc - Reported Region: Quebec - Ticker: GEM #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Edward Lyons, Florent Baril, Claude Duplessis - Resource group id: resource:8e95e1827d399d230eac - Deposit or zone: Lac Gueret South Project - Material type: in-pit - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 1530000 - Grade: 16.4 - Grade Unit: % Cgr - Cutoff Grade: 6.81 - Cutoff Unit: % #### Prior Estimate - Resource Date: 2019-06-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2019-06-17T00:00:00.000Z #### Dates - Event date: 2024-06-11T00:00:00.000Z Reasoning: High-grade inferred graphite resource, but data is from 2019. - Positive factor: high grade - Negative factor: stale data Evidence · table > 16.4 Context: 1.53 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 5.0 years before this release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.