Grid Metals Corp Acquires Falcon West Lithium Project in Southeastern Manitoba
Project area includes high grade lithium values in historical drilling results
Grid Metals Corp (TSXV:GRDM)(OTCQB:MSMGF) (the “Company”) today announced the acquisition of mineral rights comprising the Falcon West Lithium Property (the “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 contact zone that features several drill intersected spodumene-rich pegmatites featuring highly anomalous lithium grades. The initial focus of exploration will be the “ADL” ( the ArtDon and Lucy pegmatites) TargetArea, which comprises an ~1.25 km trend of outcropping lithium bearing pegmatites. The Company believes the Falcon West acquisition is highly complementary to the Companys’ Donner Lake Lithium project as both are located in an infrastructure-rich exploration jurisdiction in proximity to Canada’s only current spodumene mining operation (the Tanco Mine).