Grid Battery Metals Inc. (Ticker: CELL.v or EVKRF for US investors) has control over multiple lithium exploration projects across the United States, including the Texas Spring Lithium and Clayton Valley Projects located in Nevada.
Nevada is consistently recognized as a top mining jurisdiction globally, as highlighted in the Fraser Institute's May 2023 ranking, further underscoring the strategic importance of Grid Battery Metals' project.
CELL's Texas Spring Lithium Property shares borders with the Nevada North Lithium Project, where Surge Battery Metals has reported drill intercepts reaching lithium concentrations up to 8070 ppm.
This winter, CELL achieved a noteworthy milestone in its exploration journey by filing the NI 43-101 Technical Report for Texas Spring. The Phase 1 exploration conducted in 2023 at the Texas Springs Property yielded promising results, echoing the success observed at the neighboring Nevada North Lithium Property.
CELL's exploration efforts encompassed a CSAMT geophysical survey and comprehensive soil sampling, unveiling average lithium grades of 2010 ppm (with a 1,000 ppm cut-off) and peaking at 5,610 ppm lithium.
The filing of the NI 43-101 report signifies a significant moment for CELL, laying the groundwork for further advancements in the dynamic realm of battery metals exploration.
Full report: https://gridbatterymetals.com/grid-battery-metals-files-ni-43-101-report-on-texas-spring-lithium-project-in-nevada/
Currently, CELL is undertaking a Magnetotelluric (MT) geophysical survey at its Clayton Valley Lithium Project, situated adjacent to Albemarle Corporation's Silver Peak Mine, the sole lithium brine producer in North America.
The survey aims to identify potential lithium brine reservoirs, analyze structural formations conducive to brine accumulation, and delineate basin floor morphology and will be followed by extensive soil sampling.
More here: https://gridbatterymetals.com/grid-battery-exploration-team-begins-work-on-its-clayton-valley-lithium-project/
Posted on behalf of Grid Battery Metals Inc.