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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 1StockInformeron Feb 05, 2024 7:34pm
106 Views
Post# 35864280

On-Site Inspection Completed & Strategic Partnerships Formed

On-Site Inspection Completed & Strategic Partnerships Formed

Last week, Grid Battery Metals Inc. (Ticker: CELL.v or EVKRF for US investors) shared that its exploration team has completed an on-site inspection of its Clayton Valley Lithium Property in Esmeralda County, Nevada.


CELL's lithium claims in Clayton Valley are strategically located adjacent to Albemarle Corporation's (ALB) Silver Peak Lithium Project, the sole producer of lithium in North America. Furthermore, Century Lithium Corp. (LCE.v or CYDVF), a neighboring entity to the east,recently issued a pre-feasibility study outlining promising financial returns.

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In collaboration with Rangefront Geological, CELL is strategically advancing its comprehension of lithium potential in the Clayton Valley region. Rangefront Geological has been engaged to undertake an updated and revised NI #43-101 Technical Report, preceding the imminent 2024 mineral exploration season.


This comprehensive report will analyze data from previous soil samples, geophysical surveys, and drilling activities on the property. 


The primary objective is to identify structural intricacies and pinpoint areas conducive to lithium accumulation. These findings will serve as the foundation for a comprehensive exploration plan, which may include upcoming drilling programs to further unlock the lithium potential in the region.


Grid President & CEO, Tim Fernback, expressed optimism about the project, noting, "Clayton Valley holds the only producing lithium brine system in the United States and also holds amazing potential for lithium clay-hosted deposits."


Full News Here: https://gridbatterymetals.com/grid-battery-metals-exploration-team-on-site-at-the-clayton-valley-nevada-lithium-project/


Posted on behalf of Grid Battery Metals Inc.

 
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