Grid Metals Corp. is pleased to announce that it has entered into a Memorandum of Understanding with Tantalum Mining Corporation of Canada Limited for the forthcoming metallurgical tests on lithium spodumene ore from Grid's Donner Lake Lithium Property at the Tanco Mine which is located at Bernic Lake in southeastern Manitoba, which will serve as basis for further collaboration. The Tanco Mine is currently the only North [...]
Grid Metals Corp. is pleased to announce completion of a private placement of securities 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 [...]
Grid Metals Corp. today announced it has closed a $4,920,000 first tranche of its previously announced non-brokered private placement of 56 million shares for gross proceeds of $8,520,000. Churchill Strategic Investments Pty Ltd is acting as Lead Manager of the Offering. The First Tranche of the Offering consisted of the following: 20,000,000 charitable flow-through common shares of the Company sold at a price of $0.21 [...]
Grid Metals Corp. is pleased to announce a non-brokered private placement of securities of the Company to issue up to 56 million shares of the company and raise gross proceeds of up to C$ 8,520,000. The Offering 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 [...]
Grid Metals Corp. is pleased to report the results from the final three holes completed in the Phase 1 drill program at its Donner Lake lithium 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 [...]
Grid Metals Corp. is pleased to report additional drilling results from the Phase 1 drill program at its Donner Lake lithium property in southeastern Manitoba. In addition, the Company has started field work at the Property that will initially focus on sampling of several previously mapped pegmatite dykes. The project is located in the Winnipeg River pegmatite field, which hosts the world-class Tanco pegmatite and the [...]
Grid Metals Corp. is pleased to announce that it has entered into an agreement with Canada Nickel Company Inc. to sell a 100% interest in the Bannockburn Nickel Property located near Matachewan, Ontario. Under the terms of the Transaction Canada Nickel will acquire 100% of the Bannockburn Property in return for issuance to Grid of 2.0 million of Canada Nickel's common shares. Robin Dunbar President and CEO of Grid [...]
Grid Metals Corp. is pleased to report results for three additional holes from the recently completed Phase 1 drill program at its Donner Lake Lithium property in southeastern Manitoba. The property is located in the Winnipeg River pegmatite field, which hosts the world-class Tanco pegmatite. The Donner Lake Lithium Property is a 75%/25% joint venture between Grid Metals Corp. and Lithium Royalty Corp., a leading player [...]
Property Acquisitions Announced Grid Metals Corp. is pleased to report additional diamond drill results from the 2022 lithium exploration program at its Donner Lake lithium property in southeastern Manitoba. The project 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 Donner Lake Lithium project is a [...]
Intersects Nickel Bearing Massive Sulphides Underneath The Past-Producing Dumbarton Nickel Deposit Grid Metals Corp. 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 all located close to [...]
Grid Metals Corp. is pleased to report initial results from its 2022 lithium exploration program at its Donner Lake lithium property in southeastern Manitoba. The Company completed 11 drill holes targeting the Northwest Dyke - one of several known lithium-cesium-tantalum -type pegmatite dykes on the property. All holes at the Northwest Dyke intersected spodumene-bearing pegmatites over a strike length of 600m. Two drill [...]
Grid Metals Corp. today released the final results from the Bannockburn Nickel Property near Matachewan, Ontario and ~100 km south of the mining city of Timmins. Drilling from the 2021 program was focused on the bulk tonnage nickel sulfide potential of the B Zone at the property. HIGHLIGHTS - BANNOCKBURN PROPERTY 2021 DRILL PROGRAM Results from the final three of the eight holes completed in 2021 are reported together [...]
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