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Grid Metals Corp
Symbol GRDM
Shares Issued 168,272,856
Close 2023-09-06 C$ 0.135
Market Cap C$ 22,716,836
Recent Sedar Documents

Grid Metals files NI 43-101 report on Donner Lake MRE

2023-09-06 13:32 ET - News Release

Mr. Robin Dunbar reports

GRID METALS FILES NI 43-101 TECHNICAL REPORT FOR MINERAL RESOURCE ESTIMATE

Grid Metals Corp. has filed a technical report, in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects, with respect to an NI 43-101 mineral resource estimate (MRE) for the Donner Lake lithium property. The title of the report is mineral resource estimate for the Donner Lake lithium property, Manitoba, Canada. The report was written by Rohan Millar, BSc, PGeo, SGS Geological Consulting, Faisal Saheed, BSc, PGeo, SGS Geological Consulting, and Ian Ward, PEng, Ian Ward Consulting Services.

Grid announced the results of the mineral resource estimate on July 18, 2023. Complete details of the mineral resource estimate (6.81 million tonnes grading 1.29 per cent Li2O inferred) were contained in the Grid news release dated July 18, 2023. The technical report is filed on SEDAR+ and can be viewed or downloaded there.

Primero engineering scope

The company also today announced that the scope of work with Primero Engineering on the reconfiguring of the True North gold mill in Bissett, Man., for the processing of spodumene from Donner Lake is well under way, with the results of the engagement expected to be provided to Grid in October, 2023. In conjunction with the Primero engagement, a new metallurgical test program has commenced with XPS Expert Process Solutions laboratory in Falconbridge, Ont. The results of the metallurgical test program will provide critical information to be incorporated in the design of a spodumene mill circuit at True North.

Dave Peck, PGeo, has reviewed and approved the contents of this news release for purposes of National Instrument 43-101.

About Grid Metals Corp.

Grid is an exploration and development company focused on its lithium projects located in southeastern Manitoba. The company currently holds a 75-per-cent joint venture project interest in the Donner Lake Lithium Property and a 100-per-cent project interest in the Falcon West lithium project. Grid also has a portfolio of early-to-advanced-stage base metal deposits in southeastern Manitoba.

We seek Safe Harbor.

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