TSXV:CELL - Post Discussion
Post by
MarketMakerss on Nov 15, 2023 6:17pm
Targeting EV-Driven Demand at the Source
Targeting EV-driven demand at the source, Grid Battery Metals (CELL.v EVKRF) is focused on supplying lithium and nickel, two minerals crucial to battery performance, longevity and energy density.
Emerging as a high-potential lithium company, CELL has two lithium projects in Nevada, which has quickly become the epicentre of lithium production due to both Clayton Valley and Monitor Valley emerging as lithium-rich regions.
Fully funded through 2024, CELL is currently exploring its Volt Canyon Lithium Project and is on track to further delineate its resource with this first phase of exploration.
Located in Monitor Valley, Volt Canyon provides a unique exploration target covering alluvial sediments believed to have been sourced from claystone deposits. Limited exploration has been conducted so far, however, surface samples from the region's NURE data have revealed up to 108ppm Li near the claim block.
Further attesting to its potential is CELL's Texas Spring Project, located directly adjacent to Surge Battery Metals (NILI.v NILIF) Nevada North Lithium Project which recently received its highest grade lithium assays to date with up to 8070 ppm lithium.
With a number of successful exits from companies they have created including NILI, CELL's management team is leveraging its knowledge of the battery metals sector to create their next big lithium winner.
Regarding its nickel project in British Columbia, CELL is planning to transfer its ownership to a wholly-owned subsidiary that is anticipated to be listed on a Canadian stock exchange in 2024.
Posted on Behalf of Grid Battery Metals Inc.
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