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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 11, 2024 8:27pm
84 Views
Post# 35984592

CELL's Lithium Exploration in Nevada, a Premier Jurisdiction

CELL's Lithium Exploration in Nevada, a Premier Jurisdiction

Grid Battery Metals Inc. (Ticker: CELL.v or EVKRF for US investors) has control over multiple lithium exploration projects across the United States, including the Texas Spring Lithium and Clayton Valley Projects located in Nevada.


Nevada is consistently recognized as a top mining jurisdiction globally, as highlighted in the Fraser Institute's May 2023 ranking, further underscoring  the strategic importance of Grid Battery Metals' project.


CELL's Texas Spring Lithium Property shares borders with the Nevada North Lithium Project, where Surge Battery Metals has reported drill intercepts reaching lithium concentrations up to 8070 ppm.

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This winter, CELL achieved a noteworthy milestone in its exploration journey by filing the NI 43-101 Technical Report for Texas Spring. The Phase 1 exploration conducted in 2023 at the Texas Springs Property yielded promising results, echoing the success observed at the neighboring Nevada North Lithium Property.


CELL's exploration efforts encompassed a CSAMT geophysical survey and comprehensive soil sampling, unveiling average lithium grades of 2010 ppm (with a 1,000 ppm cut-off) and peaking at 5,610 ppm lithium.


The filing of the NI 43-101 report signifies a significant moment for CELL, laying the groundwork for further advancements in the dynamic realm of battery metals exploration.


Full report: https://gridbatterymetals.com/grid-battery-metals-files-ni-43-101-report-on-texas-spring-lithium-project-in-nevada/


Currently, CELL is undertaking a Magnetotelluric (MT) geophysical survey at its Clayton Valley Lithium Project, situated adjacent to Albemarle Corporation's Silver Peak Mine, the sole lithium brine producer in North America. 


The survey aims to identify potential lithium brine reservoirs, analyze structural formations conducive to brine accumulation, and delineate basin floor morphology and will be followed by extensive soil sampling. 


More here: 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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