Grid Battery Metals Inc. V.CELL

Alternate Symbol(s): EVKRF

Metals & Mining Industrial Metals & Minerals

Grid Battery Metals Inc. is a Canada-based exploration company. The Company focuses on exploration for high-value battery metals required for the electric vehicle (EV) market. The Company owns a 100% interest in the Texas Spring Property which consists of mineral lode claims located in Elko County, Nevada. The Property is in the Granite Range southeast of Jackpot, Nevada, about 73 km north-northeast of Wells, Nevada. The target is a lithium clay deposit in volcanic tuff and tuffaceous sediments of the Humbolt Formation. The property neighbours Surge Battery Metals’ Nevada North project, which has reported results of up to 5,120 ppm. Grid Battery’s other Nevada lithium projects are Clayton Valley Lithium Project and Volt Canyon Lithium Property. Respectively, the Company owns a 100% interest in 113 lithium claims covering 640 hectares in Clayton Valley and 80 lithium claims covering 635 hectares in Monitor Valley.

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Grid Battery Metals Inc.

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Post by StockHawk1on Jul 24, 2023 6:24pm

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Post# 35555015

New Properties, New Funding, New Exploration

As detailed in the company's latest update, Grid Battery Metals Inc. (CELL.v EVKRF) has secured $4.5 million in working capital through two successful financings, providing the necessary funds for its 2023 and 2024 exploration programs.

With these funds in place, the company is now poised to explore its newly acquired Texas Spring and Volt Canyon Lithium Properties.

Aside from its $4.5M in cash, CELL also owns 6M shares of Surge Battery Metals (NILI.v).

CELL's Texas Spring Project is directly adjacent to NILI's Nevada North Project, which returned samples averaging 3254 ppm lithium in an exploration program last year.

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