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Grid Battery Metals Inc. V.CELL

Alternate Symbol(s):  EVKRF

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.


TSXV:CELL - Post by User

Post by StockHawk1on Aug 02, 2023 6:21pm
87 Views
Post# 35570045

Capitalizing on EV and Clean Energy Demand: CELL's Ventures

Capitalizing on EV and Clean Energy Demand: CELL's Ventures

As described in the article below, Grid Battery Metals' (CELL.v EVKRF) strategic mining operations, including the recently expanded Texas Spring Project in Nevada, offer exposure to high lithium potential deposits as the demand for electric vehicles and clean energy increases.


Notably, Texas Spring is next to Surge's Nevada North Lithium Project which returned an average concentration of 3254 ppm lithium (with a 1000 ppm cut-off) in its last drill program. 


With CA$3 million secured through a private placement, alongside existing funds, Grid Battery Metals is well-funded for continued exploration efforts on current mineral properties and for acquiring additional strategic lithium exploration properties in the near future.


Full article: https://www.theglobeandmail.com/investing/markets/markets-news/AccessWire/18975159/as-esg-requirements-promote-onshoring-of-critical-mineral-mining-this-company-with-multiple-projects-in-worlds-most-mining-friendly-jurisdiction-could-be-one-to-watch/

 
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