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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 MarketMakersson Nov 06, 2023 5:28pm
128 Views
Post# 35720304

"A Junior Company Rising to Meet Demand"

"A Junior Company Rising to Meet Demand"
Having tripled in the last three years, the electric vehicle market continues to dominate vehicle sales, leading to a dire need for lithium-ion batteries. With this, a global lithium supply deficit hangs in the balance, thus, creating a need for additional sources to come online.

As detailed in the article "With fears of lithium supply shortages looming, a junior company is rising to meet demand", Grid Battery Metals (CELL.v EVKRF) is a lithium company strongly positioned to benefit from this demand with three lithium projects in Nevada: https://stockhouse.com/news/the-market-herald-news/2023/11/06/with-fears-lithium-supply-shortages-looming-junior-company-rising-to-meet-demand.

Nevada has become the epicentre of lithium production, with both Clayton Valley and Monitor Valley standing out as high-potential lithium areas.

Currently, CELL has exploration at its Volt Canyon Nevada Lithium Project underway and is on track to further delineate its resources with this first phase of exploration.

Located in Monitor Valley, Volt Canyon provides a unique exploration target covering alluvial sediments believed to have been sourced from claystone deposits. Limited exploration has been conducted so far, however, surface samples from the region's NURE data have revealed up to 108ppm Li near the claim block.

Further attesting to its potential is CELL's Texas Spring Project, located directly adjacent to Surge Battery Metals (NILI.v NILIF) Nevada North Lithium Project which recently received its highest grade lithium assays to date with up to 8070 ppm lithium.

With a number of successful exits from companies they have created including NILI, CELL's management team is leveraging its knowledge of the battery metals sector to create their next big lithium winner.

Posted on Behalf of Grid Battery Metals Inc. 

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