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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 Apr 09, 2024 8:21pm
78 Views
Post# 35980276

CELL.v Starts New Exploratory Phase at its Clayton Valley

CELL.v Starts New Exploratory Phase at its Clayton Valley

Grid Battery Metals Inc. (Trading as CELL.v or EVKRF for US markets) recently initiated its 2024 Exploration Program at the Clayton Valley Lithium Project. 

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The exploration kicked off with a Magnetotelluric (MT) geophysical survey carried out by KLM Geoscience, a prominent player in Nevada's geophysical exploration sector.


The MT survey, employing cutting-edge equipment and methodologies, is aimed at pinpointing potential lithium brine reservoirs, discerning structural formations conducive to brine accumulation, and delineating basin floor morphology. With plans for 85 station sites, the survey employs 100m inline and crossline electric field dipoles spaced 250m apart, with line spacings of 500m.


This  MT survey will be succeeded by an extensive soil sampling initiative overseen by Rangefront Exploration. The amalgamated findings will guide the identification of drilling targets for forthcoming exploration phases later in the year.


Grid anticipates harnessing these survey outcomes to deepen its comprehension of Clayton Valley's lithium potential, positioning the company for further exploration and development prospects within the region.


Notably, the project is adjacent to Albemarle Corporation's Silver Peak Mine, the only lithium brine producer in North America, further enhancing its appeal as a lithium asset.


Full Press Release: https://gridbatterymetals.com/grid-battery-exploration-team-begins-work-on-its-clayton-valley-lithium-project/


Posted on behalf of Grid Battery Metals Inc.

 
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