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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 plimbo23on Feb 17, 2024 10:41pm
119 Views
Post# 35886335

GRID

GRID``We came away from our site visit feeling
reassured that Grid is committed to building its Li business in Manitoba
and that it is well on its way to assembling the pieces to do so. We were
encouraged to observe a very collaborative working relationship with
Tanco for a potential toll milling agreement and we were impressed with
the scale and quality of infrastructure at Bissett......``


``We maintain our BUY rating and increase our target price to C$0.75/sh
(was C$0.60/sh).``


https://redcloudresearch.com/grid-metals-corp-tsxvgrdm-site-visit-on-the-fast-track-to-li-production-updating-our-estimates/

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