NIKLF - Global Business Reports Magazine Profiles Grid Battery Metals in the Western USA Mining 2024 Issue
(TheNewswire)
Coquitlam, BC – TheNewswire - February 29, 202 4 -Grid Battery Metals Inc. (the “Company” or“Grid Battery”) (TSXV: CELL, OTCQB: EVKRF, FRA: NMK2) announces that Global Business Reports, a respected industrynews writer and editorial author, has profiled Grid Battery MetalsInc. in its latest issue of the Western USA Mining 2024 , profiling active andsuccessful mineral exploration companies in this region.
The interview and corporate profile can be found byaccessing the following weblink, Global Business Reports, Western USAMining 2024 .
The article includes commentary by Grid’s CEO Mr. TimFernback, a discussion of Grid’s current lithium explorationprograms in Nevada, its impressive corporate balance sheet and cashbalance, and the company’s overall focus for 2024.
About Global Business Reports
Headquartered in Singapore and with offices inIstanbul, Global Business Reports (“GBR”) was established in 2001in order to provide first-hand information for global businessdecision makers. In an age where cross boundary trade and investmentare driving factors for businesses, information is crucial. Precisesectorial reports help companies understand and expand their markets,improve their sourcing chain, target their investments and discoverthe trends affecting their industry around the world.
GBR provides in-depth analyses and up-to-date insightsinto all aspects of the mining, energy, chemicals and life sciencesindustries globally. Our research includes face-to-face meetings withthe main protagonists in the field to form an accurate picture of theactual situation on the ground.
The Western USA Mining 2024 Report looks at copper, lithium, uranium, rare earth, and otherminerals are in-demand commodities and prevalent in Western USA. From northern Alaska to southern Arizona, theWestern USA boasts rich reserves of these minerals. The world is in a race towards a more green and electrifiedfuture, and these metals have become a focal point in globaldiscussion, being designated by many nations as "critical,"resembling oil in terms of their geopolitical significance. Nationsworldwide are after self-sufficiency and reducing reliance on foreignsources; the US is no exception.
With approximately 110 interviews conducted withgovernment authorities, associations, and key C-level executivesacross the mining value chain, GBR's Western USA Mining 2024 reportoffers a comprehensive overview of the current state of the miningindustry. This report aims to provide readers with on-the-groundinsights, allowing them to understand how the past has shaped today'sUS mining industry and what industry leaders hope for thefuture.
Grid Battery Metals Inc. is a Canadian basedexploration company whose primary listing is on the TSX VentureExchange. The Company’s maintains a focus on exploration for highvalue battery metals required for the electric vehicle (EV) market. www.gridbatterymetals.com .
About Texas Springs Property
The Company owns a 100% interest in the TexasSpring Property which consists of mineral lode claims located inElko County, Nevada. The Property is in the Granite Range southeastof Jackpot, Nevada, about 73 km north-northeastof Wells, Nevada. The target is a lithium clay deposit in volcanictuff and tuffaceous sediments of the Humbolt Formation. A Phase 1exploration program at the Texas Springs Property (Fall 2023) yieldedr esults with average lithium grades of 2010 ppm, applying a1,000 ppm cut-off, and up to 5,610 ppmLithium .
The Texas Spring property adjoins the southern borderof the Nevada North Lithium Project - owned by Surge Battery MetalsInc. (“Surge”) ( TSXV:NILI, OTC: NILIF ) and comprised of 725 mineralclaims. Surge's first round of drilling identified stronglymineralized lithium bearing clays. The average lithium content withinall near surface clay zones intersected in the 2022 drilling program,applying a 1000 ppm cut-off, was 3254 ppm. (Press release March 29, 2023 ). More recent results have shown higher grade lithium upto 8070 ppm on this property after initial drilling (Press release September 12, 2023 ). Our exploration results are on-trendwith these results.
About Clayton Valley LithiumProject
The Company owns a 100% interest in 113 lithium lodeand placer claims covering over 640 hectares in Clayton Valley.Clayton Valley is a down-dropped closed basin formed by the Mioceneage Great Basin extension and is still active due to movement alongthe Walker Lane structural zone. As a result, the basin haspreserved multiple layers of lithium bearing volcanic ash, resultingfrom multiple eruptive events over the past 6 million years includingeruptions from the 700,000-year-old Long Valley Caldera system andrelated events. These ash layers are thought to contribute to thelithium brines extracted by Albemarle and are also likely involved inthe formation of the exposed lithium rich clay deposits on the eastside of Clayton Valley.
Volt Canyon Lithium Property
The Company owns a 100% interest in 80 placer claimscovering approximately 635 hectares of alluvial sediments and clayslocated 122 km northeast of Tonopah, Nevada.
About the British Columbia, NickelProjects
The Mount Sidney Williams Group consists of three claimblocks with a total area of 10,569 hectares in the area surroundingMount Sidney Williams, both adjoining and near the Decar project ofFPX Nickel Corp., located 100 kilometres northwest of Fort St. James,B.C., in the Omineca mining division. Metallic mineralization includesnickel, cobalt, and chromium. At least some of the nickelmineralization occurs as awaruite. The Mitchell Range Group areaclaim consists of one claim block covering 8,659 hectares withdemonstrated metallic mineralization including nickel, cobalt, andchromium. Nickel cobalt mineralization has not been well explored, butthe presence of awaruite has been documented.
On Behalf of the Board of Directors
“Tim Fernback”
Tim Fernback, President & CEO
Contact Information:
Email: info@gridbatterymetals.com
Phone: 604- 4 28-5690
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release. This news release may containforward-looking statements which include, but are not limited to,comments that involve future events and conditions, which are subjectto various risks and uncertainties. Except for statements ofhistorical facts, commentsthat address resource potential, upcoming work programs, geologicalinterpretations, receipt and security of mineral property titles,availability of funds, and others are forward-looking. Forward-lookingstatements are not guarantees of future performance and actual resultsmay vary materially from those statements. General business conditionsare factors that could cause actual results to vary materially fromforward-looking statements. It should be noted that results from any adjacent property(s) arenot an indication of what may be found on the Company’sproperty(s).
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