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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.


TSXV:CELL - Post by User

Grid Battery Metals Inc.
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Post by StockHawk1on Sep 15, 2023 4:19pm
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Post# 35639011

CELL CEO's Financial Update Reveals Strong Position

CELL CEO's Financial Update Reveals Strong Position

Grid Battery Metals (CELL.v EVKRF) closed up 5% today on the TSXV with over 6x its average volume, putting it up 95% over the last month. 

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The CEO of CELL recently provided a company update highlighting CELL's robust financial status with $5 million in cash and CAD$4.8 million in marketable securities.


CELL has broadened its lithium portfolio through the acquisition of the Texas Springs Property and Volt Canyon Property in Nevada.


Notably, the Texas Springs Property is adjacent to Surge Battery Metals Inc.'s (NILI.v) Nevada North Lithium Project, which recently yielded lithium grades of up to 8070 ppm.


Regarding the Clayton Valley Lithium Project, CELL is strategically planning a phased exploration program. The primary objectives are to develop infrastructure and pinpoint specific drilling targets.


https://gridbatterymetals.com/grid-battery-metals-provides-a-ceo-update/

 
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