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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 Mar 13, 2024 7:36pm
79 Views
Post# 35931642

CELL Initiates 2024 Exploration Program @ Clayton Valley

CELL Initiates 2024 Exploration Program @ Clayton Valley

Today, Grid Battery Metals (Ticker: CELL.v or EVKRF for US investors), announced today that it has started its 2024 Exploration Program at its Clayton Valley Lithium Project. With a primary focus on exploring high-value battery metals crucial for the electric vehicle (EV) market, Grid Battery Metals Inc. aims to leverage its expertise and strategic acquisitions to tap into promising lithium deposits.

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The cornerstone of Grid's lithium exploration portfolio lies in its Texas Spring Property, situated in Elko County, Nevada. Recent Phase 1 exploration results revealed promising lithium grades averaging at 2010 ppm, with peak concentrations reaching 5610 ppm. Adjacent to the Nevada North Lithium Project owned by Surge Battery Metals Inc. which has returned lithium values up to 8070 ppm. 


Looking back at Grid's Clayton Valley Project, it lies in a region characterized by geological activity and lithium-rich volcanic ash deposits, presenting a compelling opportunity for lithium extraction. 


To accelerate exploration efforts, Grid Battery Metals Inc. has enlisted Rangefront Geological, renowned for its expertise in mining consulting and exploration services. Rangefront will conduct detailed soil sampling and oversee a CSAMT geophysical survey, crucial for identifying potential lithium brine reservoirs and structural formations conducive to lithium concentration.


Grid's CEO Tim Fernback, expressed optimism about the collaboration with Rangefront and the initiation of the 2024 Exploration Program which will reach depths of 1000 feet across four selected locations. 


Looking ahead, Grid aims to leverage the data obtained from the exploration program to create a comprehensive 3D model and provide insightful interpretations of the underground lithium reserves. 


As Grid embarks on its exploration journey in Clayton Valley, the company remains steadfast in its mission to emerge as a leading player in the global battery metals market, driving innovation and progress towards a greener future.


Full news here: https://gridbatterymetals.com/grid-battery-to-begin-the-2024-exploration-program-on-its-clayton-valley-lithium-project/


Posted on behalf of Grid Battery Metals Inc.

 
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