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 Dec 18, 2023 5:54pm

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Post# 35790751

Avg lithium grades of 2010ppm @ Texas Spring

Last week, Grid Battery Metals (CELL.v EVKRF) announced the completed soil sample results from the first phase of its fall exploration program at the Texas Spring Nevada Lithium Project which showed average lithium grades of 2010ppm!

Adjoining the southern border of the Surge Battery's (NILI.v NILIF) Nevada North Lithium Project with up to 8070ppm Li (which closed up 17.5% on 2x avg volume today), Texas Spring spans 2,500 hectares in Elko County.

CELL CEO & President, Tim Fernback, commented:

"Now that the first phase of the exploration program is complete, we plan to gather as a group to interpret the geological data and plan our next steps at Texas Springs for the upcoming 2024 exploration season. We have some encouraging results to discuss, which is great news for our shareholders."

Notably, the soil sampling shows zones of strong lithium concentrations in the northwestern region of the property which is on trend with the strong soil results from Nevada North. Furthermore, Texas Spring exhibits several near horizontal to gently dipping subsurface horizons which may have served as paleo accumulation basins, collection lithium bearing clays.

With this information, combined with the soil assay results, CELL can select high-potential drill targets for subsequent exploration programs in the future.

Full News Release: https://gridbatterymetals.com/grid-battery-metals-announces-soil-sample-results-at-the-texas-springs-nevada-lithium-project-showing-average-lithium-grades-of-2010-ppm/

Posted on Behalf of Grid Battery Metals Inc.

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