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Grid Metals Corp V.GRDM

Alternate Symbol(s):  MSMGF

Grid Metals Corp. is a Canada-based exploration and development company. The Company is focused on both lithium and nickel-copper-platinum group metals in the Bird River area, approximately 150 kilometers (km) northeast of Winnipeg, Manitoba. It controls two lithium properties: Donner Lake and Falcon West. The 75% owned Donner Lake Property is situated 35 kilometers (km) north of the producing Tanco mine, one of only two lithium-producing mines in Canada. The Falcon West project covers 61,200 ha with 70 km of strike length along a prospective contact zone. Its Makwa Mayville Project is located in the Bird River Greenstone Belt approximately 145 km from Winnipeg, Manitoba. The project consists of two open pit NI 43-101 resources containing nickel, copper, platinum group metals and cobalt mineralization. Its East Bull Lake (EBL) palladium property covers 80% of the prospective EBL intrusion. Its Mayville PGE Zone is located approximately one km southeast of the Mayville Deposit.


TSXV:GRDM - Post by User

Post by JasleenDhakaon Oct 28, 2022 2:57pm
238 Views
Post# 35056605

Grid has signed a pre-production MOU with Tanco Lithium Mine

Grid has signed a pre-production MOU with Tanco Lithium Mine

Analyst Update: Grid Metals Corp. has signed a pre-production MOU with Tanco Lithium Mine

 

• Our Analysts have a positive outlook for this development. Tanco is the only producer of lithium spodumene concentrates in North America.

 

• Grid will supply samples from its Donner Lake project to Tanco for metallurgical testing.

 

• If these tests return positive results, GRDM should be able to process its ore at Tanco's site, allowing it to advance its project to production quicker, and at a relatively low CAPEX.

 

Read our Analysts' Ideas of the week report to read more of these updates!

 

Our report includes Top Stock Picks, Weekly commentary on industries, and Metal price forecasts.

 

Report link: https://www.researchfrc.com/a-north-american-lithium-producer-is-eyeing-this-junior/?utm_source=stockhouse.com&utm_medium=Referral&utm_campaign=stockhouse.com&utm_id=Grid+Metals

 

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*FRC provides issuer-paid coverage.

*Past performance is not indicative of future results.

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