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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 May 29, 2024 6:56pm
107 Views
Post# 36063308

CELL Shares Results of MT Geophysics Survey from CV Project

CELL Shares Results of MT Geophysics Survey from CV Project

Grid Battery Metals Inc. (Ticker: CELL.v or EVKRF for US investors) a Canadian exploration company focused on high-value battery metals essential for the electric vehicle (EV) market, recently shared the results of an initial Magnetotelluric (MT) geophysics survey on its Clayton Valley Lithium Project. 


The Clayton Valley Lithium Project is strategically positioned in a region renowned for lithium production which is home to North America’s only lithium brine producer. CELL's project is immediately to the west of this lithium production facility. 


The MT geophysics survey is an advanced technique used to identify geological strata that may contain lithium brine. The survey was completed over eleven profiles, with results plotted in horizontal slices at depths of 250m, 500m, and 750m.

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Survey results show that the bedrock depths within CELL’s claims range from 216 to 406 meters. A significant northeast fault, interpreted from gravity data, bisects the claim block and is most apparent in the 500m depth slice. This fault may serve as a fluid conduit at depth, with evidence of fluid spread within the basin sediments in the 250m slice. The 750m depth slice, likely below the basin floor, shows conductivity focused near the basin bounding faults.

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With this, CELL plans to complete an infill sample program on the southern half of the property claims on 125m centers. 


The results will be incorporated with precious drilling, geophysics, and surface information into a 3D Leapfrog model which will provide a framework to assist in locating future exploration and drilling.


The recent MT survey, coupled with a planned detailed soil sampling program in the southern area of CELL's Clayton Valley claim block, will guide the next steps for the company’s exploration programs. 


CELL remains committed to advancing its exploration efforts to support the growing demand for battery metals in the EV market.


Full press release: https://gridbatterymetals.com/grid-battery-exploration-team-reports-its-mt-geophysics-survey-results-on-the-clayton-valley-lithium-project/

 

Posted on behalf of Grid Battery Metals Inc.

 
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