Grid Battery Metals Inc. V.CELL

Alternate Symbol(s): EVKRF

Metals & Mining Industrial Metals & Minerals

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.

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Grid Battery Metals Inc.

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Post by MarketMakersson Nov 07, 2023 2:04pm

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Post# 35721965

Lithium Supply Shortage Fears

Amidst a surge in electric vehicle market growth, which has seen a triple in size over the past 3 years, the demand for lithium-ion batteries has reached a critical juncture. This soaring demand has created a global deficit in lithium supply, necessitating the emergence of new sources to bridge the gap.

Detailed in the article "With fears of lithium supply shortages looming, a junior company is rising to meet demand", Grid Battery Metals (CELL.v EVKRF) has emerged as a high-potential lithium company strongly positioned to benefit from this demand with three lithium projects in Nevada: https://stockhouse.com/news/the-market-herald-news/2023/11/06/with-fears-lithium-supply-shortages-looming-junior-company-rising-to-meet-demand.

Nevada has become the epicentre of lithium production, with both Clayton Valley and Monitor Valley emerging as promising lithium-rich regions.

Currently, CELL has exploration underway at its Volt Canyon Nevada Lithium Project and is on track to further delineate its resources with this first phase of exploration.

Located in Monitor Valley, Volt Canyon provides a unique exploration target covering alluvial sediments believed to have been sourced from claystone deposits. Limited exploration has been conducted so far, however, surface samples from the region's NURE data have revealed up to 108ppm Li near the claim block.

Further attesting to its potential is CELL's Texas Spring Project, located directly adjacent to Surge Battery Metals (NILI.v NILIF) Nevada North Lithium Project which recently received its highest grade lithium assays to date with up to 8070 ppm lithium.

With several successful exits from companies they have created including NILI, CELL's management team is leveraging its knowledge of the battery metals sector to create their next big lithium winner.

Latest News Release: 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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