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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 Mar 15, 2024 8:23pm
57 Views
Post# 35936055

Grid Battery Metals Initiates Exploration @ Clayton Valley

Grid Battery Metals Initiates Exploration @ Clayton Valley

Grid Battery Metals (tickers: CELL.v or EVKRF for US investors), has commenced its 2024 Exploration Program at the Clayton Valley Lithium Project, marking a significant milestone in its pursuit of high-value battery metals essential for the electric vehicle (EV) market.


Clayton Valley Project: A Lucrative Opportunity

At its Clayton Valley Project Grid expects to capitalize on the region's geological dynamism and the presence of lithium-rich volcanic ash deposits, promising substantial opportunities for lithium extraction.

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Strategic Partnership with Rangefront Geological

To expedite exploration initiatives, Grid Battery Metals Inc. has partnered with Rangefront Geological, a reputable name renowned for its proficiency in mining consulting and exploration services. Rangefront will spearhead detailed soil sampling and oversee a CSAMT geophysical survey, pivotal for identifying potential lithium brine reservoirs and favorable structural formations conducive to lithium concentration.


Optimism and Future Prospects

CEO Tim Fernback is optimistic about the collaboration with Rangefront and the initiation of the 2024 Exploration Program, slated to penetrate depths of 1000 feet across four designated locations. Grid aims to leverage the data garnered from this program to construct a comprehensive 3D model, offering insightful interpretations of underground lithium reserves.


Texas Spring Property: A Prime Lithium Exploration Site

Another major focal point of Grid's lithium exploration endeavor is its Texas Spring Property, nestled within Elko County, Nevada. Recent Phase 1 exploration endeavors have unveiled encouraging lithium grades, averaging at 2010 ppm, with peak concentrations soaring up to 5610 ppm. This property is adjacent to the Nevada North Lithium Project owned by Surge Battery Metals Inc., which has showcased lithium values surging up to 8070 ppm.


Pioneering Sustainability in Clayton Valley and Anticipating Exploration in Texas Spring

As Grid embarks on its exploration endeavor in Clayton Valley and anticipates future ventures at Texas Spring, the company remains dedicated to leading the way in sustainable resource development. By fostering innovation and driving progress towards a greener future, Grid is positioned to contribute to the global battery metals market worth US $14.8B. 


Full news here: https://gridbatterymetals.com/grid-battery-to-begin-the-2024-exploration-program-on-its-clayton-valley-lithium-project/


Posted on behalf of Grid Battery Metals Inc.

 
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