Latest news with #Grid
The Market Online
3 days ago
- Business
- The Market Online
Strategic property acquisition in prolific copper-gold region in BC
Canadian-based Grid Battery Metals focuses on exploration for high-value battery metals required for the electric vehicle (EV) market. The company has just made a big move in copper and Tim Fernback, President and CEO of Grid Battery Metals joined Coreena Robertson in studio to discuss the details. The following is a transcription of the above video, and The Market Online has edited it for clarity . Coreena: Let's start with the big news. Grid just closed on the acquisition of a copper property. Can you walk us through what this asset is and what kind of potential you see there? Tim: It's a 275 square kilometer mining tenure, five distinct claim blocks in a very prolific Omineca region of central BC. So it is a prolific copper gold region in British Columbia. And there are three deposits adjacent to ours, which are being worked by Northwest Copper. And of course, we're in the region where Centerra Gold's Mount Milligan mine has already produced 1.8 million ounces of gold and 750 million pounds of copper. Coreena: Now, you've already got a strong focus on lithium. How does adding copper to the mix strengthen the portfolio for shareholders? Tim: You know, it's all about diversification. We are a battery metals focused company, so we're looking for good projects with good metal potential. And copper and lithium are both in high demand and also they are projected to have a supply crunch going forward. So it's a good place to be for a Grid shareholder to have both of these metals in your portfolio. Coreena: Alright. Now copper's obviously a big deal, but from a defense angle, what exactly makes it so critical? Tim: So, it's the best conductor of electricity. So, if you have equipment that's powered by a diesel engine or nuclear power or even a battery, a rechargeable battery, it's going to need copper to get to where it's got to go to make it function. So copper, titanium, stainless steel. These are really critical metals within the defense industry because all their equipment uses quite a larger quantity of it. Coreena: Alright. And we're going to need more of it. Tim: Yes, of course. Coreena: We've seen this shift in political momentum from Trump invoking the Defense Production Act to Mark Carney's push for resource security here in Canada. What steps is the government taking to make sure metals like lithium and copper are sourced more domestically? Tim: So, the big trend with these critical minerals is reshoring or onshoring them back to North America. So North America over the last 40, 50 years has given away its refining capacity and its production capacity. So now that's being brought back onto North American shores and we're focused on developing our own internal resources. So good quality copper and lithium projects in North America will go forward and will be supported by the governments. Coreena: And with Carney's recent push to ramp up Canada's defense spending, how does Grid fit into that picture? Tim: So, what's happening in Canada is that there's a renewed focus on spending on military equipment and as mentioned before, copper's a big part of that, so is lithium. So Canada in particular has committed to going from about 1.4 per cent of GDP to 2 per cent of GDP in terms of defense spending. So that is $18 billion annually in addition to what we already spend for a total of about $60 billion. Most of that is going into equipment and metals like copper and lithium are a big part of what's being bought. Coreena: And finally, do you see your asset base aligning with those evolving national priorities? Tim: Definitely, having great lithium and copper assets as North America is onshoring those metals and developing those projects, they're going to be supported by the governments and it's really important for our shareholders to have those in their portfolio. Thank you so much, Tim for taking the time to stop by here in studio. You can find Grid Battery Metals trading on the venture under the ticker symbol FLT, and on the OTCQB under the ticker symbol TAKOF. Check them out at for more information. Join the discussion: Find out what everybody's saying about this stock on the Grid Battery Metals investor discussion forum, and 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.
The Market Online
12-06-2025
- Business
- The Market Online
A Canadian mineral company at the crossroads of electrification and defense
As geopolitical tensions between Canada and the United States escalate, the critical minerals sector finds itself in the crosshairs of a growing trade war. This friction casts a long shadow over the electrification revolution, where battery metals are the lifeblood of progress. With tariffs rising and global supply chains under strain, the urgency to localize resource extraction within North America has never been greater. This shift is not just about economic resilience—it's about national security. Amid this backdrop, Grid Battery Metals (TSXV:CELL) emerges as a compelling player. The company, based in Canada, has pivoted to focus on high-value battery metals, particularly lithium and copper, which are essential to both clean energy and defense industries . With exploration assets in both the USA and Canada, Grid is well-positioned to benefit from the reshoring of critical mineral supply chains. Canada's recent announcement to increase military spending to meet and exceed NATO's 2 per cent GDP target immediately underscores this shift. Defense systems—from drones to satellites—are increasingly reliant on lithium and copper-based technologies. The global copper market is facing a severe supply-demand imbalance. As the world races toward electrification—driven by defense industry spending, electric vehicles (EVs), renewable energy infrastructure, and smart grids—copper demand is surging. Yet, supply remains constrained, exacerbated by geopolitical instability and underinvestment in new mining projects. Lithium, meanwhile, is no longer just a battery metal—it's a top asset. Its role in energy storage, EVs, and now advanced defense applications is expanding rapidly. Grid's portfolio includes three lithium properties in Nevada, USA—Texas Spring, Clayton Valley, and Volt Canyon—and a newly acquired copper-gold property in Central British Columbia. These assets are not only prospective but located near existing infrastructure and major players like Albemarle's (NYSE: ALB) Silver Peak lithium mine and Centerra Gold's (NYSE: CGAU) Mt. Milligan copper gold mine Texas Spring: Adjacent to Surge Battery Metals' high-grade lithium discovery, Grid's soil sampling has already revealed lithium concentrations exceeding 5,600 ppm. Clayton Valley: Located near North America's only producing lithium brine operation, this property offers potential for both brine and clay-hosted lithium deposits. Copper-Gold Property (B.C.): Grid recently awarded a 2025 exploration contract to Hardline Exploration, signalling its commitment to advancing this asset. 'For 2025, we propose to carry out a preliminary exploration program on two of the five claim blocks recently acquired as part of our Exploration Phase 1,' Grid's CEO and president, Tim Fernback, explained in a news release. 'Here a large assaying, trenching, sampling and geophysics program is planned for the Jupiter and Starlight claim blocks. We are planning this work during the summer exploration season and expect to have assay results by the fall with next exploration steps identified on the various claim blocks shortly thereafter.' Defense, decarbonization, and the rare earth race The global race for rare earth elements and battery metals is intensifying. Neodymium-iron-boron magnets—critical for precision-guided weapons, stealth aircraft, and unmanned systems—are almost entirely sourced from China. Western nations are now scrambling to diversify supply chains, and Canada is poised to play a pivotal role. Grid's focus on lithium and copper aligns with this strategic imperative. These metals are not only essential for EVs and renewable energy but are increasingly vital to defense technologies. The recent development of a new copper-lithium-tantalum alloy in the U.S.—capable of withstanding extreme heat while maintaining strength—highlights the evolving role of these materials in next-generation defense systems. Though still years from commercialization, such innovations point to the growing value of Grid's core commodities. Why investors should pay attention Grid Battery Metals is more than a junior explorer—it's a potential cornerstone in North America's critical minerals strategy. With assets in politically stable jurisdictions, proximity to major players, and a focus on metals that are both economically and militarily essential, Grid offers a unique value proposition. The company's stock has shown strong momentum in 2025, with a 225% year-to-date return as of June. As governments double down on clean energy and defense spending, companies like Grid stand to benefit from both policy tailwinds and market fundamentals. A solid bet on the future In a world where energy security and national defense are increasingly intertwined, Grid Battery Metals is aligned with the most pressing global trends. Investors looking to gain exposure to the electrification and defense revolutions should consider Grid as a high-upside opportunity. As always, deeper due diligence is essential—but the fundamentals, timing, and geopolitical context suggest that Grid Battery Metals could be a name to watch closely in the years ahead. Grid Battery Metals is a Canadian exploration company with a focus on exploration for high-value battery metals for the electric vehicle market. Join the discussion: Find out what everybody's saying about this stock on the Grid Battery Metals Inc. Bullboard investor discussion forum, and check out the rest of Stockhouse's stock forums and message boards. This is sponsored content issued on behalf of Grid Battery Metals Inc., please see full disclaimer here.
Yahoo
30-05-2025
- Business
- Yahoo
EA Looking to Shut Down Long-Running Studio
It seems isn't done closing down some of its studios. A new report suggests the long-running racing developer may be next on the chopping block. Video game insider eXtas1s recently claimed the developer of games like Grid, Colin McRae Rally, Dirt, and most recently F1 25, will shut its doors. Those impacted will be put on the next F1 game or a new Need for Speed game currently in development. Additionally, the insider learned that there are about 400 'more' layoffs at EA. 'The cancellation of Black Panther will NOT be the only thing,' said eXtas1s. 'I have been able to learn that there are about 400 more layoffs coming up at EA, a total CLOSURE of the main headquarters of Codemasters and that these developers will be integrated into EA Sp (F1) and a new Need For Speed that is already in development.' EA recently closed Cliffhanger Games and cancelled its Black Panther game. According to an email from EA Entertainment president Laura Miele, this decision was to 'sharpen our focus and put our creative energy behind the most significant growth opportunities.' 'These decisions are hard,' Miele wrote. 'They affect people we've worked with, learned from, and shared real moments with. We're doing everything we can to support them — including finding opportunities within EA, where we've had success helping people land in new roles.' The status of Codemasters has been up in the air since EA paused development on future World Rally Championship titles. Around that announcement, the official Codemasters X account was pulled. While all signs are pointing to Codemasters getting shut down, EA has yet to officially confirm the closure. (Source: eXtas1s via Nintendo Life) The post EA Looking to Shut Down Long-Running Studio – Report appeared first on PlayStation LifeStyle.
The Verge
22-05-2025
- Entertainment
- The Verge
Grid's framed retro gadgets are up to 40 percent off for Father's Day
Whether you're hunting for a last-minute graduation gift or an early Father's Day present, Grid Studio's deconstructed gadgets are worth a look. The company transforms old-school electronics into collages in shadowbox-style frames, which make for truly memorable gifts. And now through May 27th, many are currently steeply discounted in honor of Father's Day. From vintage smartphones to classic gaming consoles, there are plenty of nostalgic gadgets on sale. Apple fans can snag classics like the iPhone 4 for $99 ($70 off), matching its all-time low, or go even further back with the first-generation iPhone 2G for $299 ($400 off). For gamers, the Game Boy Color is on sale for $149 ($100 off) and the PlayStation Portable 1000 (PSP) for $99, down from $229. Even better, in some instances, you can also get an extra 15 percent on other pieces when you use the promo code FA15 like the original NES controller, which is available for $143.65 (around $55 off). That also includes other kinds of tech, like the i Pod Photo for $169.15 ($80 off), the Xbox One Controller for $143.65 ($55 off), and even the iconic Nokia 3310 from the year 2000 for $118.15 ($51 off). Grid Game Boy Color $24936% off $159 Grid's framed Game Boy Color puts Nintendo's famed handheld from 1998 on full display, including the casing, buttons, and even the internal gadgetry. $159 at Grid
Yahoo
21-05-2025
- Business
- Yahoo
Grid Metals Corp. Provides Update on Eagle Copper Exploration Program and Upcoming Copper, Nickel and Cesium Exploration Initiatives
TORONTO, ON / / May 21, 2025 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") announced drill results from the remaining 19 drill holes at the Eagle gabbro and the completion of new geophysical surveys at the Mayville copper/nickel project in southeastern Manitoba. The drilling confirmed a 2 km mineralized trend at the eastern part of the Mayville Complex. Newly completed airborne geophysics has provided multiple targets for new discoveries and resource expansion. The next planned Grid drill program in the Bird River area is at the Makwa nickel/copper property. Permitting for exploration drilling is well advanced and an ongoing field program at Makwa is focused on the highest priority geophysical targets from the recently completed Geotech Ltd. VTEM™ MAX electromagnetic survey. The Makwa property is subject to an option and joint venture agreement currently funded by Teck Resources Limited. The Company is also in the process of permitting exploration drilling at the Falcon West property for cesium. The most recent drilling at the Lucy pegmatite (Q1 2024) by Grid intersected 3.20m of 4.6% Cs2O in a >100-metre-long cesium-enrichment trend. The drill target at Lucy is a near-surface, flat-lying cesium and lithium-enriched portion of the larger Lucy Pegmatite in which most of the cesium is believed to be associated with the primary cesium ore mineral, pollucite. Pollucite is the preferred feedstock to the cesium chemicals industry, including the nearby Tantalum Mining Corporation of Canada Ltd.'s cesium chemical plant. The next phase of drilling at the Lucy Pegmatite will be designed to test the distribution of pollucite within this specific target area. Eagle Gabbro Exploration Highlights The Eagle gabbro drill program intersected disseminated copper/nickel sulfide mineralization at three locations along 2 km of strike length at the Eagle gabbro on the eastern end of the Mayville copper/nickel project. Highlights from the remaining holes include: 70.8m at 0.85% CuEq1 from 105.2m in hole EAG24-07, including 13.8m at 1.50% CuEq from 110.0m (New Manitoba deposit3 area) 8.9m at 0.90% CuEq from 149.6m in hole EAG24-09 19.7m at 0.82% CuEq from 145.0m in hole EAG24-16 22.3m at 0.75% CuEq from 172.0m in hole EAG24-17 6.5m at 1.07% CuEq from 84.4m in hole EAG24-22 New airborne EM surveys completed in Q4 2024 have defined numerous, strong EM anomalies at the Mayville project that could reflect massive magmatic sulfide accumulations. Dr. Dave Peck, Grid's Vice President of Exploration, stated "The new drill results confirm the mineralized nature at the Eagle gabbro, which is located ~10 km from Grid's existing 32 Mt indicated open-pit, copper-rich Mayville deposit2. We are now looking at a ~20 km long mineralized mafic-ultramafic complex having demonstrated potential to expand on the Mayville resource. Moreover, the results from the recent, deep penetrating EM surveys have highlighted the potential for high-grade massive sulfide deposits on the Property. In the future, adding new high-grade resources to the known near-surface disseminated sulfide deposits is seen as the best path forward for this project." Figure 1. Location of the 1) Mayville Deposit (yellow); 2) the top-ranked and untested conductor anomalies potentially associated with massive Cu-Ni sulfide mineralization at the Mayville project; and 3) the Eagle gabbro area. The map shows the interpreted limits of the Mayville-Eagle Complex (black outline) on a tilt derivative total magnetic intensity background image. 1 The Mayville deposit is located ~10 km to the west of the Eagle gabbro and is estimated to contain 32.0 million tonnes of indicated resources averaging 0.40% Cu and 0.16% Ni (see the Company's May 6, 2024 news release for details) 2 Cu Eq is the copper equivalent grade, calculated as follows: CuEq (%) = Cu% + ((Ni% x NiR x NiP) + (Co% x CoR x CoP) + (Pt g/t x PtR x PtP) + (Pd g/t x PdR x PdP) + (Au g/t x AuR x AuP))/(CuR x CuP) where R = metal recovery and P = metal price. The following fixed metallurgical recoveries were assumed, guided by metallurgical test results reported by Micon International in the current Technical Report for the property (June 2024 - see Company website for details): Cu - 85%; Ni and Co - 60%; Pd, Pt and Au - 70%. The following long-term metal prices in US dollar amounts were assumed: Cu - $4.00/lb; Ni - $9.00/lb; Co - $22.50/lb; Pd - $1,100/oz; Pt - $1,100/oz; Au - $2,200/oz. 3 The New Manitoba deposit has a historical resource estimate of 2.0 million short tons averaging 0.75% Cu and 0.33% Ni (Manitoba Mineral Inventory Card #217). The Company has not been able to verify the historical estimate as relevant and the historical estimate should not be relied on. Figure 2. Hole locations for the Q4 2024 Eagle gabbro drilling program. The map shows the interpreted position of the 4 km-long Eagle gabbro (black dotted outline), which is the host to the New Manitoba deposit, on a tilt derivative total magnetic intensity background image. Magnetic high anomalies are indicated by warmer colours. Drill Program and Detailed ResultsA total of 4,132 metres were drilled in 25 holes during the Q4 2024 drill program at the Eagle gabbro (Figure 1). Three discrete targets were tested along a ~2 km segment of the Eagle gabbro. These included 11 holes targeting the historical New Manitoba deposit in the south (holes EAG24-01 to 11); 4 holes at a linear magnetic anomaly located ~500m north of the New Manitoba deposit ('E15' target; holes EAG24-13, 14, 16 and 17); and 6 holes at a previously untested disseminated sulfide occurrence at the Acme target area, located 1.2 km north of E15 (holes EAG24-20-25). Two holes were drilled on a conductor (EAG24-016) and a flanking magnetic anomaly (EAG24-17) located ~1 km east of the Eagle gabbro. One hole tested an unmapped magnetic anomaly located along the east side of the Eagle gabbro (EAG24-12). One hole was abandoned (EAG24-15). All but one of the holes that intersected the Eagle gabbro encountered a steeply-dipping, several metre- to ~40-metre-thick interval of Cu-rich disseminated sulfide mineralization (the 'Eagle Cu Zone'). The average grades and metal tenors for the Eagle Cu Zone closely resemble those characterizing the Mayville deposit. Most of these new drill intersections are shallow (<100 metres vertical depth) and the disseminated sulfide mineralization remains open at depth and along strike across the 4 km extent of the Eagle gabbro. As previously reported, 3 holes at the New Manitoba target also encountered a narrow (<1 metre thick) nickel-rich semi-massive sulfide interval in the approximate middle portion of the Eagle Cu Zone, with nickel grades of up to 2.37%. Table 1 provides highlights for all of the 2024 drill holes that intersected the Eagle gabbro. Table 1. Highlights for the Q4 2024 Eagle drilling program. The true thickness of the drill intersections reported here are estimated to represent 40 - 90% of the interval lengths. Results for drill holes EAG24-01 to 06 were previously reported (see the Company's Dec. 2, 2024 news release). From (m) To (m) Interval (m) Cu (%) Ni (%) Co(%) Pd (g/t) Pt(g/t) Au (g/t) S (%) Cu Eq (%) TargetArea EAG24-01 45.50 87.15 41.65 0.35 0.10 0.01 0.05 0.01 0.03 1.44 0.58 E15 inc. 63.75 79.00 15.25 0.65 0.11 0.01 0.07 0.02 0.05 1.87 0.92 with 75.90 77.00 1.10 3.43 0.11 0.01 0.01 0.00 0.09 4.53 3.70 and inc. 86.50 87.15 0.65 0.30 1.40 0.07 0.43 0.06 0.01 17.9 2.95 EAG24-02 53.00 90.00 37.00 0.41 0.12 0.01 0.06 0.02 0.04 1.69 0.69 E15 inc. 69.00 89.00 20.00 0.61 0.16 0.01 0.08 0.03 0.06 2.46 0.99 EAG24-03 56.00 93.90 37.90 0.38 0.17 0.01 0.07 0.02 0.03 2.46 0.74 New Manitoba inc. 82.00 88.00 6.00 0.49 0.45 0.03 0.11 0.04 0.04 7.03 1.41 with 86.35 87.05 0.70 0.28 1.28 0.09 0.21 0.12 0.07 18.77 2.81 EAG24-04 62.00 82.00 20.00 0.45 0.21 0.02 0.05 0.02 0.03 3.36 0.90 New Manitoba inc. 69.00 73.00 4.00 0.87 0.58 0.04 0.06 0.03 0.05 9.20 2.03 EAG24-05 55.00 101.0 46.00 0.58 0.15 0.01 0.09 0.03 0.05 2.79 0.95 New Manitoba inc. 71.55 98.00 26.45 0.78 0.16 0.01 0.13 0.05 0.07 3.03 1.19 EAG24-06 50.00 94.30 44.30 0.46 0.21 0.02 0.09 0.03 0.04 3.03 0.93 New Manitoba inc. 63.00 88.00 25.00 0.72 0.35 0.03 0.13 0.05 0.05 5.05 1.47 with 71.25 86.00 14.75 0.87 0.47 0.03 0.16 0.06 0.06 6.43 1.86 and inc. 71.25 72.00 0.75 0.20 2.37 0.16 0.58 0.38 0.01 9.44 4.92 EAG24-07 105.2 176.0 70.8 0.49 0.15 0.01 0.08 0.03 0.05 2.36 0.85 New Manitoba inc. 106.0 139.6 33.6 0.69 0.21 0.02 0.13 0.05 0.08 3.47 1.20 with 111.0 124.8 13.8 0.90 0.25 0.02 0.16 0.06 0.10 4.27 1.50 EAG24-09 149.6 158.5 8.90 0.63 0.11 0.01 0.07 0.02 0.03 2.05 0.90 New Manitoba EAG24-10 86.00 102.2 16.25 0.57 0.21 0.02 0.09 0.03 0.05 3.60 1.04 New Manitoba EAG24-16 145.0 181.0 36.00 0.37 0.12 0.01 0.06 0.02 0.03 1.51 0.66 E15 inc. 160.2 180.0 19.75 0.48 0.15 0.01 0.08 0.02 0.04 1.85 0.82 EAG24-17 172.0 194.3 22.30 0.41 0.15 0.01 0.03 0.07 0.02 1.90 0.75 E15 inc. 173.0 182.0 9.00 0.53 0.17 0.01 0.05 0.08 0.03 2.18 0.91 EAG24-21 74.00 77.00 3.00 0.56 0.15 0.01 0.10 0.03 0.05 1.40 0.92 Acme inc. 91.00 97.75 6.75 0.43 0.10 0.01 0.07 0.03 0.09 0.93 0.70 EAG24-22 84.45 105.0 20.55 0.27 0.08 0.01 0.04 0.02 0.11 1.16 0.52 Acme inc. 84.45 91.00 6.55 0.56 0.15 0.01 0.09 0.03 0.30 1.66 1.07 EAG24-23 114.0 118.2 4.20 0.42 0.13 0.01 0.06 0.02 0.05 1.23 0.72 Acme Geophysical SurveysTwo new airborne EM surveys were completed during the fall and winter of 2024 at the Mayville project area. Geotech Ltd. completed a 143 line km time domain VTEM™ MAX survey over a 3.3 by 4.5 km area at a nominal line spacing of 100 metres and covering the Eagle gabbro in the eastern part of the project area. Geotech also completed a 258 line km deep-penetrating frequency domain EM survey over an 6.8 by 10.4 km area at a nominal 300 metre line spacing covering the central and eastern part of the Mayville-Eagle project area using their proprietary heli-borne ZTEM™ system. Preliminary modeling of the new survey results has identified several strongly conductive anomalies coincident with mapped or interpreted (from magnetics) parts of the 20 km long Mayville-Eagle Complex and with interpreted northeast-striking feeder structures to the complex. A 5-line pole-dipole IP survey was also completed during the past winter over an area of ~800 metres x 900 metres that covers the historical New Manitoba deposit. The results of the survey highlight a large chargeability anomaly associated with the deposit but extending east and north beyond the known limits of the deposit. The new results highlight an opportunity to expand the historical resources estimated at New Manitoba. Quality Assurance and Quality ControlGrid Metals applies best practice quality assurance and quality control ("QAQC") protocols in all of its exploration programs. For the current Eagle drilling program, core was logged and sampled at the Company's core facility located on the Makwa property. Standard 1.0 metre sample lengths were used. Samples were bagged and tagged and then transported by secure carrier to the Actlabs (Thunder Bay) laboratory for sample preparation and analysis for nickel, copper, cobalt and selected major and trace element abundances using a multi-acid digestion method followed by ICP-OES analysis. Samples were also analyzed for Pd, Pt and Au using a lead collection 30 g fire assay method followed by ICP-OES analysis. The Company is using several different certified reference materials ("CRMs") and one analytical blank for the Makwa program to monitor analytical accuracy and check for cross contamination between samples. The analytical results for the CRMs and the blank for the new analytical results reported here did not show any significant bias compared to the certified values and the fell within the acceptable limits of variability. For more information about the Company, please see the Company website at or contact: Robin Dunbar - President, CEO & Director Telephone: 416-955-4773 Email: rd@ Smith - Chief Development Officer - bsmith@ Black - Investor Relations Email - info@ Qualified Persons StatementsDr. Dave Peck, the VP Exploration of Grid, is the Qualified Person for purposes of National Instrument 43-101 and has reviewed and approved the technical content of this release. About Grid Metals Metals is focused on exploration and development in southeastern Manitoba with four key projects in the Bird River area. The Makwa Property (Ni-Cu-PGM-Co), which is subject to an Option and Joint Venture Agreement with Teck Resources Limited ("Teck"). Teck can earn up to a 70% interest in Makwa by incurring a total of CAD$17.3 million, comprising project expenditures (CAD$15.7 million) and cash payments or equity participation (CAD$1.6 million) with Grid. Makwa is located on the south arm of the Bird River Greenstone Belt. The Mayville Property (Cu-Ni) is located on the north arm of the Bird River Greenstone Belt. The property is owned subject to a minority interest. The Donner Property (Li-Cs) is adjacent to the Mayville Property, and Grid owns 75% of the project. Grid announced a cesium purchase agreement with Tanco on February 18, 2025. The Falcon West Property (Li-Cs) is located 110 km east of Winnipeg along the Trans-Canada highway and contains highly anomalous cesium values in a number of historical drill holes including 2.2 m at 15.0% Cs2O and 3.2 m at 4.6% Cs2O. All of the Company's southeastern Manitoba projects are located on the ancestral lands of the Sagkeeng First Nation with whom the Company maintains an Exploration Agreement. We seek safe harbour. This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements include the Company's closing of the proposed financial transactions, sale of royalty and property interests. the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risk, uncertainty of production and capital costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, metallurgical risk, currency fluctuations, fluctuations in the price of nickel, cobalt, copper and other metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Management Discussion and Analysis for the most recent financial period and Material Change Reports filed with the Canadian Securities Administrators and available at Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. Appendix: Drill hole specifications for all holes completed during the Q4 2024 Eagle gabbro drilling program. Collar coordinates are based on a NAD83 UTM Zone 15N projection. Hole ID Target Easting Northing Azimuth Dip Elevation (m) Length (m) EAG24-01 E15 324019 5609052 45 -45 310 159 EAG24-02 E15 324019 5609052 90 -45 310 174 EAG24-03 New Manitoba 324361 5608676 45 -45 315 150 EAG24-04 New Manitoba 324361 5608676 45 -60 315 150 EAG24-05 New Manitoba 324383 5608658 45 -60 316 153 EAG24-06 New Manitoba 324383 5608658 45 -45 316 150 EAG24-07 New Manitoba 324450 5608753 190 -45 316 186 EAG24-08 New Manitoba 324489 5608583 7 -60 314 150 EAG24-09 New Manitoba 324400 5608614 80 -45 314 174 EAG24-10 New Manitoba 324338 5608698 45 -45 314 120 EAG24-11 New Manitoba 324338 5608698 15 -45 314 150 EAG24-12 E15 324265 5608908 40 -45 314 150 EAG24-13 E15 324060 5609010 45 -45 314 151 EAG24-14 E15 323926 5609134 45 -45 314 150 EAG24-15 E15 (abandoned) 323926 5609134 45 -60 314 9 EAG24-16 E15 323926 5609134 90 -45 314 205 EAG24-17 E15 323926 5609134 90 -60 314 213 EAG24-18 EM Anomaly 324854 5609767 210 -50 326 180 EAG24-19 Mag Anomaly 324854 5609767 45 -45 326 120 EAG24-20 Acme 323595 5610143 45 -45 216 216 EAG24-21 Acme 323668 5610351 225 -45 318 213 EAG24-22 Acme 323589 5610269 45 -45 318 174 EAG24-23 Acme 323553 5610327 0 -45 318 201 EAG24-24 Acme 323433 5610397 45 -45 318 180 EAG24-25 Acme 323564 5610248 225 -45 318 249 SOURCE: Grid Metals Corp. View the original press release on ACCESS Newswire
