# Green Battery to sell Graphite online with Volt Carbon

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/green-battery-to-sell-graphite-online-with-volt-carbon--ff910b20-4d7e-4c69-8449-ae6e8b3f254a

Original source: https://money.tmx.com/en/quote/GEM/news/6214372239255919/green-battery-to-sell-graphite-online-with-volt-carbon

Publisher: tmx

Original announcement: 2024-07-18T12:35:00.000Z

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: Graphene

- Document categories: Resource update, Agreement transaction

- Extracted: 2026-09-12 05:59:50 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Green Battery Minerals is launching an online retail portal in partnership with Volt Carbon to sell specialty graphite and graphene. The company also announced the mutual termination of a previous option agreement with Volt Carbon and restated its historical mineral resource for the Lac Gueret South Project.

Reasoning: The announcement details a new commercial strategy for online graphite sales while simultaneously noting the termination of a prior option agreement and restating a 2019 resource estimate.

- Positive factor: New revenue stream via online retail sales

- Positive factor: Strategic partnership with Volt Carbon for dry separation

- Positive factor: High-grade graphite resource mentioned

- Negative factor: Termination of previous option agreement

- Negative factor: Resource estimate is historical \(2019\)

Facts used in scoring: 3

## Classification and evidence

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource estimate includes an inferred category component.

Evidence · table

> Inferred

Context: 1.53

**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 part of an NI 43-101 Technical Report.

Evidence · text

> NI 43-101 Technical Report Mineral Resource Estimate

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The resource estimate effective date is June 30, 2019, which is more than 2 years old.

Evidence · text

> With an Effective date of June 30th, 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-to-sell-graphite-online-with-volt-carbon--ff910b20-4d7e-4c69-8449-ae6e8b3f254a#fact-resource-facts-1)

Lac Gueret South Project · graphite

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lac Gueret South 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:ff757465a5051e9cbb5c
- Deposit or zone: Lac Gueret South Project

#### Resource Data

- Category: indicated
- Tonnes: 1760000
- Grade: 17
- Grade Unit: % Cgr

#### Prior Estimate

- Resource Date: 2019-06-30

#### Lab

- Laboratory: SGS

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2019-06-30T00:00:00.000Z

#### Dates

- Event date: 2024-07-18T00:00:00.000Z

Reasoning: Indicated resource grade for graphite at the Lac Gueret South Project.

- Positive factor: High grade graphite

- Negative factor: Historical 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was 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 &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.1 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/green-battery-to-sell-graphite-online-with-volt-carbon--ff910b20-4d7e-4c69-8449-ae6e8b3f254a#fact-resource-facts-2)

Lac Gueret South Project · graphite

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lac Gueret South 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:ef78f40b7a15300c2d70
- Deposit or zone: Lac Gueret South Project

#### Resource Data

- Category: inferred
- Tonnes: 1530000
- Grade: 16.4
- Grade Unit: % Cgr

#### Prior Estimate

- Resource Date: 2019-06-30

#### Lab

- Laboratory: SGS

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2019-06-30T00:00:00.000Z

#### Dates

- Event date: 2024-07-18T00:00:00.000Z

Reasoning: Inferred resource grade for graphite at the Lac Gueret South Project.

- Positive factor: High grade graphite

- Negative factor: Historical 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was 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 &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.1 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.
