Grid Metals Corp V.GRDM

Alternate Symbol(s): MSMGF

Metals & Mining Industrial Metals & Minerals

Grid Metals Corp. is focused on both lithium and copper/nickel projects in the Bird River area, about 150 kilometers (km) northeast of Winnipeg, Manitoba. The Donner lithium project is a 75% owned property subject to a joint venture agreement. The MM copper/nickel project is a resource-stage project that is undergoing exploration and development work. All the Company’s southeastern Manitoba projects are located on the traditional lands of the Sagkeeng First Nation, with whom the Company maintains an exploration agreement. The Donner project is located about 145 km northeast of Winnipeg, Manitoba. Its Falcon West Lithium Property is located within the West Hawk Lake Greenstone Belt of southeastern Manitoba. The MM Project includes a copper-rich (Mayville) and a nickel-rich (Makwa) disseminated magmatic sulfide deposit along with three additional near-surface deposits (Page, Ore Fault, and New Manitoba). Its other projects include East Bull Lake palladium project, and Mayville PGE Zone.

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Grid Metals Corp

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Post by Betteryear2on May 06, 2024 2:05pm

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Post# 36025402

Grid Metals Indicated Open-Pit Mineral Resource of 46.2 M. T

TORONTO, ON / ACCESSWIRE / May 6, 2024 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") is pleased to announce an updated Mineral Resource Estimate ("MRE") for its copper/nickel MM (previously "Makwa Mayville") Project in southeastern Manitoba, prepared in accordance with CIM (2019) Best Practice Guidelines. The resource estimate contains two separate deposits located 35 km apart and approximately 145 kilometres from Winnipeg the capital of Manitoba. Grid has consolidated the majority of the prospective copper-nickel mineral tenure of the highly prospective Bird River Greenstone Belt including several other deposits near the Makwa and Mayville resources. Concurrently with the new resource estimate the Company has completed a Project wide geophysical review which has identified a number of new high potential targets for drilling. An initial drill program is in planning and expected to commence later in 2024. The Company is seeking financing and/or strategic partnerships to actively develop the Project.

Grid Metals Announces Indicated Open-Pit Mineral Resource of 46.2 Million Tonnes at MM Copper/Nickel Project in Southeastern Manitoba (accesswire.com)

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