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Grid Battery Metals Inc. V.CELL

Alternate Symbol(s):  EVKRF

Grid Battery Metals Inc. is a Canada-based exploration company. The Company focuses on exploration for high-value battery metals required for the electric vehicle (EV) market. The Company owns a 100% interest in the Texas Spring Property which consists of mineral lode claims located in Elko County, Nevada. The Property is in the Granite Range southeast of Jackpot, Nevada, about 73 km north-northeast of Wells, Nevada. The target is a lithium clay deposit in volcanic tuff and tuffaceous sediments of the Humbolt Formation. The property neighbours Surge Battery Metals’ Nevada North project, which has reported results of up to 5,120 ppm. Grid Battery’s other Nevada lithium projects are Clayton Valley Lithium Project and Volt Canyon Lithium Property. Respectively, the Company owns a 100% interest in 113 lithium claims covering 640 hectares in Clayton Valley and 80 lithium claims covering 635 hectares in Monitor Valley.


TSXV:CELL - Post by User

Post by 1StockInformeron Nov 01, 2023 7:27pm
94 Views
Post# 35712415

CELL.v's Volt Canyon Lithium Project Progress Report

CELL.v's Volt Canyon Lithium Project Progress Report

As highlighted in the article below, the United States may become a significant player in the global lithium market due to the discovery of a massive lithium deposit in Nevada. 


https://www.ibtimes.com/us-could-next-lithium-superpower-3717127


Grid Battery Metals Inc. (Trading under tickers CELL.v and EVKRF) holds control over three lithium projects within the premier mining state. Their primary focus centers on advancing projects that leverage the potential of battery metals, and recent developments underscore their promising prospects within this sector.


One of CELL's key assets is the Texas Springs Property, located in Elko County, Nevada. This property houses a lithium clay deposit embedded within volcanic tuff and tuffaceous sediments of the Humboldt Formation. 


Positioned adjacent to the Nevada North Lithium Project, owned by Surge Battery Metals Inc. (Trading as NILI.v), the Texas Spring Property has demonstrated encouraging results. Recent drilling conducted by NILI revealed lithium content reaching up to 8070 parts per million (ppm), representing a significant milestone in the pursuit of high-grade lithium resources.


CELL is also making notable progress with its Clayton Valley Lithium Project, where they hold a 100% interest in 113 lithium lode and placer claims. This area boasts a rich history of lithium-bearing volcanic ash deposits.


Moreover, CELL's exploration team recently visited its Volt Canyon Lithium Property, situated in Lander County, Nevada. 
User image


As part of their exploration plan, CELL has enlisted the services of Rangefront Geological to perform comprehensive soil sampling on a 100m x 100m grid, constituting the initial phase of their exploration efforts. 


The data derived from these soil samples, combined with future geophysical surveys, will be instrumental in predicting the geological structure and identifying potential lithium accumulation points.


More on the visit here: https://gridbatterymetals.com/grid-battery-metals-exploration-team-on-site-at-the-volt-canyon-nevada-lithium-project/


Posted on behalf of Grid Battery Metals Inc.

 
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