Grid Metals Completes 14 Drill Holes at Makwa Nickel Deposit, Manitoba Canada

Intersects Nickel Bearing Massive Sulphides Underneath The Past-Producing Dumbarton Nickel Deposit
Grid Metals, GRDM.V
Hole IDFrom (m)To (m)Length (m)Ni (%)Cu (%)Co (%)Pd (g/t)Pt (g/t)Au (g/t)NiEq* (%)
MAK22-02174.76190.0215.260.390.290.040.010.010.020.64
inc.181.00189.008.000.500.360.040.010.010.020.81
and inc.183.00186.553.550.790.280.070.020.010.011.14
and inc.184.53186.552.020.970.240.080.020.020.011.34
with184.53185.110.581.630.120.120.020.010.012.07
and with186.19186.550.361.530.120.120.030.030.011.97

Grid Metals Corp. (the “Company“) (TSXV:GRDM)(OTCQB:MSMGF) today provided a drill update on its Makwa Nickel Property. Makwa which is part of the Makwa Mayville Ni-Cu-PGM Project located in southeastern Manitoba – where the Company has just completed 14 exploration drill holes. The current Makwa drill program focused on four geophysical targets (MK02-MK05) all located close to the 2014 pit-constrained Makwa Ni-Cu-PGM resource. Results from the first drill hole at the MK02 target intersected two separate intervals of <1 metre of massive sulfide mineralization with nickel grades greater than 1.5% within a broader mineralized package including 15 metres of 0.64% and 3.5 metres of 1.14% nickel equivalent grade. Drilling at Makwa is ongoing. Drilling is also continuing at the Company’s Donner Lake Lithium Project located 35 km north. read more

CLEAN AIR METALS ANNOUNCES UPSIZING OF PREVIOUSLY ANNOUNCED BEST EFFORTS PRIVATE PLACEMENT TO $12.5 MILLION

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to report that in connection with its previously announced “best efforts” private placement offering, the Company and a syndicate of agents led by Paradigm Capital Inc. (the “Lead Agent“), and including Beacon Securities Inc., Echelon Wealth Partners Inc., and Hannam & Partners (collectively, the “Agents“), have agreed to increase the size of the offering to total gross proceeds of $12.5 million (“The Offering“).  The Company will now issue (i) 23,150,400 flow-through units (“FT Units“), of which 10,869,600 will be issued at a price of $0.23 per FT Unit (the “FT Issue Price”) and 12,280,800 of which will be issued at a price of $0.285 (the “Premium FT Issue Price”), and (ii) 32,250,000 non-flow-through units (“Units“) at a price of $0.20 per Unit (the “Unit Issue Price“). read more

CLEAN AIR METALS ANNOUNCES $9 MILLION BEST EFFORTS PRIVATE PLACEMENT

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. on behalf of a syndicate of agents (collectively, the “Agents“), in connection with a “best efforts” private placement financing (the “Offering“) for gross proceeds of up to $9 million, consisting of up to  (i) 17,887,200  flow-through units (“FT Units“) of the Clean Air Metals Inc. (the “Company“), of which 10,869,600 will be issued at a price of $0.23 per FT Unit (the “FT Issue Price”) and  7,017,600 of which will be issued at a price of $0.285 (the “Premium FT Issue Price”), and (ii) 22,500,000 non-flow-through units (“Units“) at a price of $0.20 per Unit (the “Unit Issue Price“). read more

Clean Air Metals Files Preliminary Economic Assessment Technical Report for the Thunder Bay North Property on SEDAR

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to announce that, further to its news release dated December 1, 2021, the Company has filed a technical report detailing the Preliminary Economic Assessment of the Thunder Bay North Project near Thunder Bay, Ontario (the “PEA“). read more

Clean Air Metals Drill Results from the Thunder Bay North Project includes 31.0m averaging 3.9 g/t Pt, 5.1 g/t Pd, 1.7% Cu, 0.63% Ni. 2022 drilling set to restart

Figure 1: 2021 Drill Hole Intercepts in the Escape Lake Deposit Area (CNW Group/Clean Air Metals Inc.)

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (FRA: CKU) (OTCQB: CLRMF) is pleased to announce new assay results from the 2021 drill campaign from the Escape and Current PGE-Cu-Ni Deposits at the Company’s Thunder Bay North Project near Thunder Bay, Ontario, Canada (the “Project“). Drilling operations are set to resume on January 6, 2022. read more

Clean Air Metals Files Third Quarter 2021 Interim Financial Statements

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (FRA: CKU) (OTCQB: CLRMF) announces that it has filed its condensed consolidated interim financial statements and management’s discussion and analysis for the nine-month period ended October 31, 2021, available for viewing on www.sedar.com. read more

Renforth Raises $1,376,260 To Fund Continued 2022 Exploration Of Battery Metals At Victoria West Within The Surimeau District Property And On The Parbec Gold Deposit

Renforth Resources

Renforth Resources Inc. (CSE:RFR) (CNSX:RFR.CN) (OTC:RFHRF) (FSE-9RR) (“Renforth” or the “Company”) is pleased to announce that it has completed a private placement financing (the “Offering”) raising $1,376,260 through the issuance of 13,750,0000 of flow-through common units (“Flow-Through Units”), and 14,000 common units (“Units). read more

Clean Air Metals Announces a PEA of the Current and Escape PGE-Cu-Ni Deposits of the Thunder Bay North Project, with post-tax NPV5 of C$378m, IRR 29.8%

Figure 1: Proposed Site Plan with Mineable Current and Escape Deposits (CNW Group/Clean Air Metals Inc.)

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (FRA: CKU) (OTCQB: CLRMF) is pleased to announce results from an independent Preliminary Economic Assessment (PEA) that was completed for its Thunder Bay North Platinum Group Element (PGE) – Copper (Cu) – Nickel (Ni) Project (“Thunder Bay North” or the “Project”) near Thunder Bay, Ontario, Canada. The PEA was prepared by Nordmin Engineering Ltd. (“Nordmin”) of Thunder Bay, Ontario, and includes a new stand-alone milling complex and waste storage facility (WSF) with mill feed from both the Current deposit and the Escape deposit, part of the Thunder Bay North Project Mineral Resource Estimate as amended, that was completed by Nordmin (see press release dated January 20, 2021). All amounts are in CAD dollars, unless otherwise stated. Summary results of the PEA are shown below in Table 1. read more

Clean Air Metals reports new Assays from Escape Deposit and commences additional 15,000m drill program to target Norilsk-style Massive Sulfides

Figure 1: 2021 Drill Hole Intercepts in the Escape Lake Deposit Area (CNW Group/Clean Air Metals Inc.)

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to announce new assay results (Table 1) from the drilling campaign at the Escape Lake Deposit currently underway with two drills at the Company’s Thunder Bay North Project (the “Project“). A total of 30,000m of systematic delineation drilling connecting the Escape South and Steepledge South resource areas is planned for the Escape Lake Deposit in 2021. read more