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

PEA Underway at Makwa Mayville Ni-Cu-PGM-Co Property
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

Grid Metals Corp. Closes Cad $6.3 Million Funding Agreements With Lithium Royalty Corp.

Grid Metals, GRDM.V

 GRID METALS CORP. (TSXV:GRDM)(OTCQB:MSMGF) ( “Grid ” or the “Company”) today announced it has closed its previously announced financing ( the “Transaction”) with Lithium Royalty Corp. (“LRC”) (a leading pure play battery royalty and streaming company). The Transaction consists of a private placement financing, royalty sales on two properties pertaining to lithium minerals and asset sales of 25% interests in lithium rights on the two properties ( Mayville Lithium and Campus Creek) Total funding to Grid in connection to the proposed Transaction is approximately CAD$6.3 million. The working capital of Grid has increased to approximately $ 8.8 million. read more

Grid Metals Corp. Provides Update on CAD $6.3 Million Funding Agreement with Lithium Royalty Corp

Grid Metals, GRDM.V

GRID METALS CORP. (TSXV:GRDM)(OTCQB:MSMGF) ( “Grid ” or the “Company”) today announced it has received conditional approval from the TSX Venture Exchange (“TSXV”) for the private placement financing, royalty sales and asset sales ( the “Transaction”) entered into with Lithium Royalty Corp. ( “LRC”) ( a leading pure play battery royalty and streaming company ). The Transaction was announced on November 17, 2021. Total funding to Grid in connection to the proposed Transaction is approximately CAD$6.3 million. 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 Provides Manitoba Project Update: Releases High Grade Lithium Drill Intercepts from the Main Dyke Pegmatite; Announces Drilling Plans for Ni-Cu-Co-PGM, Lithium and PGE Projects

Grid Metals, GRDM.V
MLI-18-0114.6818.483.801.70.050.42133.60.13Previously released
MLI-18-0236.7539.632.881.60.030.32120.30.28Previously released
MLI-18-0378.6784.085.411.50.050.42142.30.70Previously released
MLI-18-04148.04151.833.791.40.030.33108.40.16Initial disclosure
MLI-18-0585.285.770.571.60.020.19152.00.36Initial disclosure
and99.7102.983. disclosure
MLI-18-0681.2483.92.661.80.030.30143.10.17Initial disclosure
MLI-18-0775.5078.883.381.80.030.42174.20.10Initial disclosure
MLI-18-0866.9869.882.901.50.030.45179.90.12Initial disclosure
and70.4571.30.851.80.030.34187.00.32Initial disclosure
MLI-18-0950.4753.032.561.30.040.30196.80.21Initial disclosure
MLI-18-10106.35107.000.650.40.020.20118.00.15Initial disclosure

Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) (the “Company”) is pleased to announce previously unreported drilling results for its Main Dyke lithium pegmatite target located immediately south of the Company’s Mayville Cu-Ni-Co-PGM deposit in the Bird River greenstone belt of southeastern Manitoba. Results of the drilling identified high grade lithium, cesium and tantalum values (including 1.8% Li 2 O over 3.38m) in a continuous spodumene bearing pegmatite dyke with a minimum strike length of 775 meters. Highlights of the drilling and project are: read more

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