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Grid Metals Corp V.GRDM

Alternate Symbol(s):  MSMGF

Grid Metals Corp. is focused on both lithium and copper/nickel projects in the Bird River area, about 150 kilometers (km) northeast of Winnipeg, Manitoba. The Donner lithium project is a 75% owned property subject to a joint venture agreement. The MM copper/nickel project is a resource-stage project that is undergoing exploration and development work. All the Company’s southeastern Manitoba projects are located on the traditional lands of the Sagkeeng First Nation, with whom the Company maintains an exploration agreement. The Donner project is located about 145 km northeast of Winnipeg, Manitoba. Its Falcon West Lithium Property is located within the West Hawk Lake Greenstone Belt of southeastern Manitoba. The MM Project includes a copper-rich (Mayville) and a nickel-rich (Makwa) disseminated magmatic sulfide deposit along with three additional near-surface deposits (Page, Ore Fault, and New Manitoba). Its other projects include East Bull Lake palladium project, and Mayville PGE Zone.


TSXV:GRDM - Post by User

Post by JasleenDhakaon Oct 28, 2022 2:57pm
264 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!

 

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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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*Past performance is not indicative of future results.

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