NIKLF - Resource World Magazine Profiles Grid Battery Metals
(TheNewswire)
Coquitlam, BC – TheNewswire - October 18, 2023- Grid Battery MetalsInc. (the “Company” or “Grid Battery”)(TSXV:CELL ) ( OTC:EVKRF ) ( FRA:NMK2) announces that Resource World Magazine Inc., a respectedindustry news writer and editorial author, has profiled Grid BatteryMetals Inc. in its latest issue.
The article and corporate profile can be found byaccessing the following weblink, Resource World Article .
The article includes commentary by Grid’s CEO Mr. TimFernback, a discussion of Grid’s current lithium explorationprograms in Nevada and the Company’s proposal to spin out its BCNickel property subsidiary to the Canadian Securities Exchange(“CSE”) as a future publicly traded company, offering a futureshare dividend to Grid’s shareholders at no addition cost.
About Research World MagazineInc.
For over twenty years, Resource World Magazine has beenreporting on the business of mining, oil & gas, green technologiesand the events that affect these sectors. Resource World has become astaple periodical within the natural resource community, providingtimely editorial relevant to resource stock investors, brokers,analysts and the people with boots on the ground. Formerly a monthlyprint publication for eighteen years, Resource World successfullytransitioned over to the digital world and is now at the forefront ofproducing daily relevant editorial for thousands of readers.
Founded in 2002 by mining technologist and HaileyburySchool of Mines graduate Ellsworth Dickson whose editorial objectivewas to inform readers of timely investment opportunities, educatereaders and offer rich, interesting fact-based content. Early in hiscareer he worked in the geology departments of a silver-cobalt andcopper mine as well as in structural geology for an engineeringcompany. Mr. Dickson became a mining journalist in 1983 and was editorof World Investment News in the late 1980s and the George CrossNewsletter in the 1990s.
The Resource World editorial team consists of seasonedwriters specializing in mining, oil & gas, economics, foreignaffairs and come from a variety of occupations and positions includinggeologists, engineers, professors, economists and investment advisorsfrom leading brokerage firms. Our writers cover junior miningcompanies, oil & gas, area plays, precious metals, rare earth,battery metals and critical minerals almost on a daily basis withnearly two hundred editorial pieces published per month. It is ourcommitment to deliver a source for resource-based editorial withintegrity.
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-northeast of Wells, Nevada. Thetarget is a lithium clay deposit in volcanic tuff and tuffaceoussediments of the Humbolt Formation.
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 303 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 ).
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, comments that address resource potential, upcomingwork programs, geological interpretations, receipt and security ofmineral property titles, availability of funds, and others areforward-looking. Forward-looking statements are not guarantees offuture performance and actual results may vary materially from thosestatements. General business conditions are factors that could causeactual results to vary materially from forward-lookingstatements.
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