- Grid Battery Metals (TSXV:CELL) released complete geophysics results from phase one of its Texas Springs property fall exploration program in Elko County, Nevada
- The Texas Spring property holds great promise for Grid Battery Metals and is in the Granite Range southeast of Jackpot, about 73 kilometres north-northeast of Wells
- The company contracted the services of Rangefront Geological to perform a detailed soil sampling on a 50-metre-by-100-metre spacing and to oversee a low-impact Controlled Source Audio-frequency Magnetotellurics (CSAMT) geophysical survey
- Grid Battery Metals Inc. opened trading at $0.06 per share
Grid Battery Metals (TSXV:CELL) has completed geophysics results from the first phase of its Texas Springs property fall exploration program.
The company owns a 100 per cent interest in the Texas Spring Property that consists of mineral lode claims in Elko County, Nevada. The Texas Spring property holds great promise for Grid Battery Metals and is in the Granite Range southeast of Jackpot, about 73 kilometres north-northeast of Wells. The target is a lithium clay deposit in volcanic tuff and tuffaceous sediments of the Humbolt Formation.
The company contracted the services of Rangefront Geological to perform a detailed soil sampling on a 50-metre-by-100-metre spacing and to oversee a low-impact Controlled Source Audio-frequency Magnetotellurics (CSAMT) geophysical survey performed by KLM Geoscience.
“The CSAMT survey shows several near horizontal to gently dipping subsurface horizons, which may have served as paleo accumulation basins, collecting lithium-bearing clays,” Seth Cude, P.G., Grid’s qualified person said in a news release. “Tying these subsurface structures to the surface soil analysis will provide excellent drilling targets.”
Results from the associated soil sampling program are expected next week.
The Texas Spring property adjoins the southern border of the Nevada North Lithium Project – owned by Surge Battery Metals Inc. (TSXV:NILI) and is composed of 303 mineral claims.
Grid Battery Metals focuses on exploration for high-value battery metals required for the electric vehicle (EV) market.
Grid Battery Metals Inc. opened trading at $0.06 per share.
Join the discussion: Find out what everybody’s saying about this stock on the Grid Battery Metals Stock Forum. Check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.