sur Grid Battery Metals Inc. (isin : CA3980841033)
Grid Battery Metals Completes Drilling at Clayton Valley Lithium Project
Grid Battery Metals Inc. has concluded its reverse circulation drilling program on its Clayton Valley property in Nevada. The 2,300-acre land package neighbors Albemarle's lithium operations and Century Lithium Corp.'s planned mine. The program aimed to assess lithium brine and claystone depths, anticipating a resource calculation and economic assessment. Results are expected by November.
Tim Fernback, CEO, expressed excitement about the potential in Nevada, while Steven McMillin, Qualified Person, highlighted variable drilling conditions and promising sediment findings across five holes totaling 4,730 feet. The final hole was halted by impenetrable clay. Samples are under analysis.
Clayton Valley's geothermal features hint at robust lithium reserves, with evidence of hot springs potentially contributing to lithium enrichment. This aligns with known lithium-rich ash layers in the area. Grid Battery Metals remains focused on exploring high-value battery metals vital for the electric vehicle market.
R. E.
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