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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 Prabhjitkon Jun 12, 2024 3:41pm
106 Views
Post# 36085528

Positive Exploration Progress at Clayton Valley!

Positive Exploration Progress at Clayton Valley!

Positive Exploration Progress at Clayton Valley! Good news for Grid Battery! They've completed the first phase of their 2024 exploration program at the Clayton Valley lithium project in Nevada.

 

Analysts view this positively for a few reasons:

 

- Major Fault Identified: A geophysical survey discovered a significant fault structure, potentially ideal for lithium concentration.

 

- Drilling Target Identification: Management plans to use these findings and upcoming soil sample results to pinpoint drilling locations.

 

- Strategic Location: The Clayton Valley property sits next to established players: Albemarle's lithium mine and Century Lithium's advanced project.

 

Overall, a promising update for Grid Battery! The exploration identified a key geological feature and paves the way for future drilling to potentially define lithium resources.

 

For more details and analyst thoughts, check out the full weekly market insights report: [url=https://tinyurl.com/c98fy5bb ]https://tinyurl.com/c98fy5bb [/url]

 

*FRC provides issuer-paid coverage. *Past performance is not indicative of future results.

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