Grid Metals Corp. today reported results from an additional 12 holes at its Donner Lake Lithium Property , located 150 km northeast of Winnipeg Manitoba. The drilling is part of the maiden 43-101 compliant resource delineation program at Donner Lake. The current phase of drilling at the Main Dyke has now been completed. Results continue to outline a steeply-dipping LCT-type pegmatite dyke with visible spodumene [...]
Grid Metals Corp. today reported results from an additional five holes at its Donner Lake Lithium Property , located in the Bird River Greenstone Belt of southeastern Manitoba. The holes are part of an ongoing resource delineation drilling program at the Main Dyke. All delineation holes from the current campaign have intercepted significant, high grade lithium values in the Main Dyke and, locally, in at least three [...]
Grid Metals Corp. is pleased to announce the results for the initial six holes of an ongoing exploration and resource delineation drilling program at its Donner Lake Lithium Property , located in the Bird River Greenstone Belt of southeastern Manitoba, 150 kilometers from Winnipeg. The holes targeted the Main Dyke pegmatite and included intersections of 9.5 metres of 1.4% Li2O, 4.3 metres of 1.6% Li2O and 3.4 metres of [...]
Project area includes high grade lithium values in historical drilling results Grid Metals Corp. today announced the acquisition of mineral rights comprising the Falcon West Lithium Property which is located approximately 110 km east of Winnipeg, Manitoba and 100 km south of the Company's Donner Lake lithium property. The property covers 61,268 hectares and ~70 km of strike length of a highly prospective geological [...]
Grid Metals Corp. announced that Patrick Murphy, a resident of Sydney Australia, has been appointed to the board of directors of Grid Metals by the vote of shareholders. Mr. Murphy is a Managing Director at the specialist natural resources group AMCI. AMCI is a highly successful fully integrated global private natural resources business with exploration, development, production, processing, logistics and marketing [...]
Grid Metals Corp. today provided a progress update on its drill program at its Donner Lake Lithium Property , located in the Bird River Greenstone Belt of southeastern Manitoba. The program will include resource delineation drilling at the Main and Northwest dykes and a series of exploration holes targeting untested spodumene bearing pegmatites. The Company maintains the near-term goal of establishing a maiden resource [...]
Grid Metals Corp. today provided an overview of its drilling plans for its Donner Lake Lithium Property , located in the in the Bird River Greenstone Belt of southeastern Manitoba. The first of two rigs to be utilized during the program has commenced drilling at the Property. The drill program will focus on resource delineation on two spodumene-bearing pegmatite dykes and initial exploration of several additional [...]
Grid Metals Corp. today issued a clarification regarding the announcement of its recent financing . The Company inadvertently omitted language relating to Insider participation in its September 22, 2022 financing from its prior press release dated September 26, 2022 which announced the closing of its fully subscribed $8.52 million private placement . Two entities participated in the Offering by acquiring an aggregate of [...]
Grid Metals Corp. is pleased to announce that it has entered into a Memorandum of Understanding with Tantalum Mining Corporation of Canada Limited for the forthcoming metallurgical tests on lithium spodumene ore from Grid's Donner Lake Lithium Property at the Tanco Mine which is located at Bernic Lake in southeastern Manitoba, which will serve as basis for further collaboration. The Tanco Mine is currently the only North [...]
Grid Metals Corp. is pleased to announce completion of a private placement of securities originally announced on August 22, 2022. The Company issued a total of 56 million common shares of the company including 20 million shares by way of a charitable flow through offering which were priced at $0.21 per share. The total gross proceeds of the Offering were $8,520,000. The second tranche of the financing consisted of the [...]
Grid Metals Corp. today announced it has closed a $4,920,000 first tranche of its previously announced non-brokered private placement of 56 million shares for gross proceeds of $8,520,000. Churchill Strategic Investments Pty Ltd is acting as Lead Manager of the Offering. The First Tranche of the Offering consisted of the following: 20,000,000 charitable flow-through common shares of the Company sold at a price of $0.21 [...]
Grid Metals Corp. is pleased to announce a non-brokered private placement of securities of the Company to issue up to 56 million shares of the company and raise gross proceeds of up to C$ 8,520,000. The Offering will include cornerstone investments by AMCI - a globally diversified mining and investment group specializing in the natural resource industry and Primero Group - a highly specialized engineering and operations [...]