Grid Battery Metals Inc. V.CELL

The Role of Critical Minerals in Clean Energy Transitions

[MarketMakerss]

As critical minerals such as copper, lithium, nickel, cobalt and rare earth elements are essential components in a large majority of clean energy technologies, their demand has been quickly growing as the world turns to clean energy.

 

However, the level of investment required for a meaningful change means the demand for these minerals requires a 400% increase. With more companies starting to invest in the extracting and refining of critical minerals, the sector is continuing to build a robust base. (Source: https://www.iea.org/topics/critical-minerals)

 

Helping to ensure a safe, secure and sustainable supply of critical minerals, Grid Battery Metals (CELL.v EVKRF) is focused on developing its high-potential portfolio of projects in Nevada.

 

Recently, CELL filed the NI 43-101 Report on its Texas Spring Lithium Project which saw average lithium grades of 2010ppm and up to an impressive 5,610ppm lithium from its phase 1 exploration program: https://gridbatterymetals.com/texas-spring/

 

CELL's Phase 1 exploration program provided impressive and on-trend results compared to those found at Surge Battery Metals' Nevada North Lithium Property which is located directly adjacent to Texas Springs.

 

Texas Springs' adjoining Surge's Nevada North is significant as Surge's first round of drilling identified strongly mineralized lithium bearing clays with the average lithium content being 3254ppm and the highest grade to date being 8070ppm lithium.

 

CELL President & CEO, Tim Fernback, commented:

"We are happy to report the filing of the NI 43-101 Technical Report on our Texas Spring Lithium Project. The recommendation for future exploration includes a multi-phase drilling program as a logical next step here on the property. The timing is good for the Company, and with approximately CAD$7.2 million in our treasury, we are well-positioned and fully funded for our 2024 exploration season.”

 

Full News Release: https://gridbatterymetals.com/grid-battery-metals-files-ni-43-101-report-on-texas-spring-lithium-project-in-nevada/

 

Posted on Behalf of Grid Battery Metals Inc.