Grid Metals Corp. is pleased to report the final results from the Q1 2021 Parisien Lake area drill program at its East Bull Lake palladium property located near Sudbury, Ontario. Drilling continued to intersect palladium-dominant mineralization in the Central Parisien Lake Zone, including large step outs to the east of the main area of drilling. Similar palladium-rich mineralization was also intersected in two drill holes [...]
Not for distribution to United States Newswire Services or for dissemination in the United States Grid Metals Corp. is pleased to announce that its has closed the second and final tranche of its previously announced private placement and that the total funds raised by the first and second tranche were $3,500,000 which included an over allotment of $500,000. The second tranche consisted of: 2,054,545 units of the Company [...]
Grid Metals Corp. is pleased to announce that its has closed the initial tranche of its previously announced private placement for gross proceeds of C$ 2,952,440. A second tranche of the Offering is anticipated to close within approximately one week. Under the Offering, the Company sold the following securities: 7,533,818 units of the Company at a price of C$0.22 per Unit; 5,180,000 flow-through units of the Company to [...]
Grid Metals Corp. is pleased to announce a non-brokered private placement to raise gross proceeds of up to C$3,000,000 from the sale of a combination of the following: non-flow-through units of the Company to be sold at a price of C$0.22 per Unit; and flow-through units of the Company to be sold at a price of C$0.25 per FT Unit. Each Unit will be comprised of one common share of the Company and one half of one common [...]
Grid Metals Corp. is pleased to report new results from three additional drill holes from the Central Parisien Lake Zone at its East Bull Lake palladium property located near Sudbury, Ontario. Drilling hit multiple zones of palladium-dominant mineralization including a footwall copper sulfide vein containing 1.2 ounces per tonne palladium. Drilling results received over the last ten months combined with geophysical data [...]
Grid Metals Corp. is pleased to announce that it has entered into a mineral exploration agreement with Sagkeeng First Nation to promote a cooperative and mutually respectful relationship and ensure that Sagkeeng has been properly consulted and accommodated regarding mineral exploration activities undertaken by Grid Metals in Sagkeeng's traditional territory located in southeastern Manitoba, Canada. Through the agreement [...]
Grid Metals Corp. is pleased to announce that it has commenced drilling at its 100% owned Bannockburn Nickel Sulphide Property located in the Matachewan area of northeastern Ontario, approximately 100 km south of Timmins. The focus of the drill program will be bulk tonnage disseminated nickel sulfide mineralization hosted by a three-kilometre-long serpentinized ultramafic body. The style of mineralization targeted is [...]
Commences Metallurgical Study Grid Metals Corp. is pleased to provide new drilling results for an additional three holes from the Central Parisien Lake target area on its East Bull Lake palladium project, located near Sudbury, Ontario. A metallurgical study has been initiated to confirm the potential for generating a palladium-rich sulfide concentrate from representative core samples from the Parisien Lake area [...]
Grid Metals Corp. is pleased to provide an update on exploration activities at its East Bull Lake palladium property near Sudbury, Ontario and its Bannockburn Township nickel property south of Timmins, Ontario. East Bull Lake Palladium The Company has completed thirteen drill holes on the Central Parisien Lake Zone and two drill holes in a new target area located approximately 400 metres to the south. Results for the [...]
Grid Metals Corp. is pleased to announce new drilling results for its first three holes from the Q1 2021 program at its 100% owned East Bull Lake palladium property in Ontario. The Company resumed drilling in January, following up on encouraging drilling results from its fall 2020 campaign. Grid is also pleased to announce Dr. Reid Keays, an internationally renowned expert on PGE and nickel sulfide deposits, has joined [...]
Grid Metals Corp. is pleased to announce that the common shares of the Company have been listed for trading on the OTCQB Venture Market under the symbol MSMGF. Grid common shares also trade on the TSX Venture Exchange in Canada and on the Frankfurt Exchange under the symbol NJF1. Grid is a Canadian based company with exploration and development stage projects focused on nickel palladium and copper. Grid is focused on [...]
Grid Metals Corp. is pleased to announce it has received the Independent National Instrument 43-101 Technical Report on the Bannockburn Nickel Sulphide Property located in the Matachewan area, approximately 100 km south of Timmins, Ontario. The author was Caracle Creek International Consulting Inc. of Sudbury, Ontario. The Technical Report was commissioned in order to summarize all relevant geological and historical [...]