Grid Metals Corp (TSXV:GRDM)(OTCQB:MSMGF) (the “Company”) today announced assay results for drill core samples obtained from a 2012 exploration program on the Lucy claim, part of the Company’s 100% owned Falcon West Lithium Property (the “Property”). The Property is located approximately 120 km east of Winnipeg, Manitoba, and 110 km south of the Company’s Donner Lake Lithium property. The 2012 drill core had not been previously assayed, and the new samples were obtained by Grid staff from Mr. William C. Hood, P. Geo., who was the vendor of the property. The new assays outline an outcropping and relatively flat-lying, highly fractionated spodumene-bearing pegmatite system featuring high grade lithium, cesium, and tantalum values. The area is only a few hundred metres from the Trans-Canada Highway.
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).