Grid Metals Corp. and Canada Nickel Announce Sale of Bannockburn Nickel Property

Grid Metals, GRDM.V

Grid Metals Corp. (“Grid” or “the Company” ) (TSXV:GRDM)(OTCQB:MSMGF) is pleased to announce that it has entered into an agreement with Canada Nickel Company Inc. (“Canada Nickel“) (CNC)(CNIKF) to sell a 100% interest in the Bannockburn Nickel Property located near Matachewan, Ontario. Under the terms of the Transaction Canada Nickel will acquire 100% of the Bannockburn Property in return for issuance to Grid of 2.0 million of Canada Nickel’s common shares. read more

Grid Metals Provides Exploration and Corporate Update for Nickel and Lithium Properties

Grid Metals, GRDM.V

Grid Metals Corp. (the “Company“) (TSXV:GRDM)(OTCQB:MSMGF) today provided an update on its nickel-copper-PGM sulfide and lithium pegmatite exploration properties. The exploration properties are located in highly active mining and exploration districts in Manitoba and Ontario. The Company in January completed a financing transaction comprising a sale of 25% of its lithium properties, a royalty and a private placement with Lithium Royalty Corp. for net proceeds of C$ 6.3 million. read more

Drilling Underway At Grid Metals Manitoba Nickel Targets

Grid Metals, GRDM.V

Grid Metals Corp. (the “Company“) (TSXV:GRDM)(OTCQB:MSMGF) today provided a shareholder update with respect to its nickel-copper-cobalt-PGM and lithium exploration and development projects in Manitoba and Ontario. The Company has commenced drilling at its advanced exploration stage Makwa Nickel property in southeastern Manitoba and expects to complete ~3,000 metres focusing on several large and untested geophysical anomalies in an effort to expand and improve on the existing pit-constrained nickel resources at the property. The Makwa drilling will be completed by early February. The Company will then commence with a 8,000 to 10,000 meter exploration and resource delineation drilling program on the nearby Mayville lithium property, targeting multiple lithium-rich pegmatite dyes (the “Donner Lake pegmatites”) that have been identified to date. read more

Grid Metals Options Newly Discovered Lithium Pegmatite Property In NW Ontario

Grid Metals, GRDM.V
SampleEasting (m)Northing (m)Elevation read more

Grid Metals Announces Positive Metallurgical Test Results and Initial Rhodium Assays for East Bull Lake

Grid Metals, GRDM.V
Sample#Hole IDFrom (m)To (m)Length (m)Rh (ppb)Pt (ppb)Pd (ppb)
360073EBL21-0166.0067.001.001098663290
360089EBL21-0181.0082.001.00678942420
361174EBL21-0651.0052.001.001588243100
361179EBL21-0656.0057.001.00817553130
361181EBL21-0657.0058.001.0012512503720
361228EBL21-06100.00101.001.00488042000
361375EBL21-077.008.001.0018913509400
361447EBL21-0772.0073.001.00957482910
361468EBL21-0791.0092.001.00858032850
361469EBL21-0792.0093.001.00877032480
361471EBL21-0793.0093.800.801068453080
287966EBL20-134.005.001.001579062380
287975EBL20-1312.0013.001.00603921370
287982EBL20-1318.0019.001.00406811810
288001EBL20-1335.0036.001.00584801910
288018EBL20-1351.0052.001.00351941130
288047EBL20-1377.0078.001.00584191930
288053EBL20-1382.0083.001.00554061840
288056EBL20-1385.0086.041.041209113580
288065EBL20-1392.0093.001.001566403010
288066EBL20-1393.0094.001.00686133190
288071EBL20-1397.0098.001.00805622420
288079EBL20-13105.00106.001.001108823340
288045EBL20-1375.0076.001.00584811770
361735EBL21-08199.25200.000.75779254210
365553EBL21-0949.0050.001.0014820005810
365676EBL21-09158.76159.300.5445649038500
365793EBL21-1067.0068.001.0021620106280
361889EBL21-1197.0098.001.00909602840
366061EBL21-1298.0099.001.0012810004350
366186EBL21-1544.0045.001.00451240841
366187EBL21-1545.0046.001.004513701160

 Grid Metals Corp. (“Grid” or the “Company“) (TSXV:GRDM)(OTCQB:MSMGF) is pleased to announce the favourable results of initial metallurgical testwork showing high metal recoveries on core samples from the Central Parisien Lake palladium zone at its 100% owned East Bull Lake property near Sudbury, Ontario. The Company is also pleased to report that rhodium – the most valuable of the platinum group metals, is present in sufficiently high concentrations to be considered as a potential, additional pay metal in future metallurgical and economic assessments. read more

Grid Metals Corp. Provides Update on Exploration Activities at Bannockburn Nickel and East Bull Lake Palldium Properties

Grid Metals, GRDM.V

Grid Metals Corp. (the “Company“) (TSXV:GRDM)(OTCQB:MSMGF) is pleased to provide a shareholder update for its projects located in Ontario Canada. The drill program at Bannockburn Nickel is completed and the Company is awaiting assay results from the remaining seven drill holes submitted for assay. At the East Bull Lake Palladium Property first results from a sampling program over new prospective drill target areas are now pending with select samples expected in early AugustAt East Bull seven target areas are being field investigated in the summer field program which will assist in targeting for the upcoming phase of drilling. read more

Grid Metals Reports Initial Drilling Results at Bannockburn Nickel

Grid Metals, GRDM.V
Drill HoleFrom (m)To (m)Length (m)Ni (%)Co (%)Cr (%)Cu (%)Mg (%)
GBN21-0240.50337.00296.500.280.0100.17<0.0126.00
inc.98.00210.00112.000.320.0090.11<0.0127.08
with147.00195.0048.000.340.0100.11<0.0126.92

Grid Metals Corp. (the “ Company “) (TSXV:GRDM)(OTCQB:MSMGF) is pleased to announce initial results from its recently completed spring 2021 drilling program on its 100% owned Bannockburn Nickel Sulphide Property (the “ Property “) located in the Matachewan area of northeastern Ontario and approximately 100 km south of Timmins. The new drill program is pursuing bulk tonnage disseminated nickel sulfide mineralization hosted by a three-kilometre-long serpentinized ultramafic body. The style of mineralization targeted is similar to that hosted in the Crawford Deposit owned by Canada Nickel Company. read more

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