Tag: lithium

Grid Metals Expands Leadership Team With Appointment of Chief Development Officer

MotherlodeTV
Nickel, Manitoba, Grid Metals, GRDM.V

Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) (the “Company”) is pleased to announce the appointment of Brandon Smith, CFA, MFE as Chief Development Officer effective immediately. Brandon Smith is a seasoned capital markets professional with over a decade of experience, and most recently, he was the lead equity research analyst covering battery metals developers for one of Canada’s leading independent investment banks. read more

Grid Metals Corp. Completes Resource Drilling at Donner Lake Lithium Property

MotherlodeTV
Nickel, Manitoba, Grid Metals, GRDM.V
Grid Metals Corp., Wednesday, April 5, 2023, Press release picture

 Grid Metals Corp (TSXV:GRDM)(OTCQB:MSMGF) (the “Company”) is pleased to announce drill results from the completion of the resource drill program at the Donner Lake Lithium Property located in southeast Manitoba which totalled 17,643 metres. The pending resource calculation for Donner Lake will include results from both the Main Dyke and Northwest Dyke. The current program of resource drilling started in October 2022. read more

Grid Metals Announces Near Surface High-Grade Lithium, Cesium and Tantalum Drill Core Assays at Falcon West

MotherlodeTV
Nickel, Manitoba, Grid Metals, GRDM.V
Grid Metals Corp., Tuesday, March 28, 2023, Press release picture

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. read more

Grid Metals Corp Announces Strong Second Wave of Results From the Main Dyke Lithium Drilling

MotherlodeTV
Nickel, Manitoba, Grid Metals, GRDM.V
Grid Metals Corp., Wednesday, February 1, 2023, Press release picture

Grid Metals Corp (TSXV:GRDM)(OTCQB:MSMGF) (the “Company”) today reported results from an additional five (5) holes at its Donner Lake Lithium Property (the “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 proximal sub-parallel dykes that were not previously known. Donner Lake is currently a 75% / 25% joint venture with Lithium Royalty Corp. Grid has an MOU in place with Tantalum Mining Corporation of Canada Limited focused on creating a toll milling operation to process spodumene-bearing pegmatites from Grid’s Donner Lake Property. read more

Grid Metals Board of Directors Appointment

MotherlodeTV
Nickel, Manitoba, Grid Metals, GRDM.V

Grid Metals Corp (TSXV:GRDM)(OTCQB:MSMGF) (the “Company”) 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 expertise, inclusive of substantial bulk materials and battery minerals investments. read more

Grid Metals Corp Completes 15 Drill Holes at Donner Lake Lithium Project; Drilling Ongoing

MotherlodeTV
Nickel, Manitoba, Grid Metals, GRDM.V
Grid Metals Corp., Tuesday, November 29, 2022, Press release picture

Grid Metals Corp (TSXV:GRDM)(OTCQB:MSMGF) (the “Company”) today provided a progress update on its drill program at its Donner Lake Lithium Property (the “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 from the Main and Northwest dykes via the current drilling program. The property is a 75%/25% joint venture between Grid Metals Corp. and Lithium Royalty Corp. read more

Grid Metals Corp Commences Drilling at Donner Lake Lithium Property

MotherlodeTV
Nickel, Manitoba, Grid Metals, GRDM.V
Grid Metals Corp., Tuesday, November 8, 2022, Press release picture

Grid Metals Corp (TSXV:GRDM)(OTCQB:MSMGF) (the “Company”) today provided an overview of its drilling plans for its Donner Lake Lithium Property (the “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 (Main and Northwest dykes) and initial exploration of several additional pegmatite targets. The property is a 75%/25% joint venture between Grid Metals Corp. and Lithium Royalty Corp. read more

Grid Metals Completes Fully Subscribed $8.52 Million Financing

MotherlodeTV
Nickel, Manitoba, Grid Metals, GRDM.V

Grid Metals Corp. (the “ Company “) (TSXV:GRDM)(OTCQB:MSMGF ) is pleased to announce completion of a private placement of securities (the “Offering”) 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 issuance of 36,000,000 common shares of the Company issued at $0.12 per share. All shares issued under the Offering are subject to a voluntary one year hold period. Churchill Strategic Investments Group Pty Ltd of Perth Australia was an investor and also acted as the lead manager for the Offering. read more

Grid Metals Corp. Announces Strategic Financing

MotherlodeTV
Grid Metals, GRDM.V

Grid Metals Corp. (the “Company“) (TSXV:GRDM) 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”). 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 company. Churchill Strategic Investments Group Pty Ltd of Perth Australia will be an investor and will act as a finder in the private placement. read more

Grid Metals Donner Lake Lithium Property Drill Results and Project Development Update

PEA Underway at Makwa Mayville Ni-Cu-PGM-Co Property
MotherlodeTV
Grid Metals, GRDM.V
Grid Metals Corp., Thursday, July 28, 2022, Press release picture

Grid Metals Corp. (the “Company“) (TSXV:GRDM)(OTCQB:MSMGF) is pleased to report the results from the final three holes completed in the Phase 1 drill program at its Donner Lake lithium property (the “Property“) in southeastern Manitoba. In addition, the Company has initiated certain project development activities including baseline environmental work and metallurgical testwork on both the Northwest and Main dykes. The property is located in the Winnipeg River pegmatite field, which hosts the world-class Tanco pegmatite and the associated Tanco lithium-cesium-tantalum mine and concentrator. The property is a 75%/25% joint venture between Grid Metals Corp and Lithium Royalty Corp., a leading player in global lithium finance. read more