TSXV:CELL - Post Discussion
Post by
MarketMakerss on Nov 06, 2023 5:28pm
"A Junior Company Rising to Meet Demand"
Having tripled in the last three years, the electric vehicle market continues to dominate vehicle sales, leading to a dire need for lithium-ion batteries. With this, a global lithium supply deficit hangs in the balance, thus, creating a need for additional sources to come online.
Nevada has become the epicentre of lithium production, with both Clayton Valley and Monitor Valley standing out as high-potential lithium areas.
Currently, CELL has exploration at its Volt Canyon Nevada Lithium Project underway 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 a number of 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.
Posted on Behalf of Grid Battery Metals Inc.
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