Grid Metals Corp. is pleased to provide an update at its Makwa nickel project in southeastern Manitoba where an Option and Joint Venture Agreement with Teck Resources Ltd. was announced in December 2024. Teck can earn up to a 70% interest in Makwa by incurring a total of $17.3 million, comprising project expenditures and cash payments or equity participation with Grid. Highlights Aerial geophysical surveying has been [...]
Grid Metals Corp. is pleased to provide a corporate update including the appointment of a new Chief Financial Officer and completion of an updated transaction with revised terms resulting in an improved working capital position. The Company remains focused on its high potential critical metals projects in southeastern Manitoba including recently announced transactions with Tantalum Mining Corporation of Canada Limited and [...]
Grid Metals is pleased to announce the start of the cesium drill program at the High-Grade Dyke at the Donner lithium/cesium property in southeastern Manitoba. Grid has also received the initial prepayment advance of CAD$300,000 from Tanco as a part of the cesium supply agreement to fund the ongoing drill program. In addition, Grid would like to cordially invite its shareholders and other stakeholders to visit us at Booth [...]
Grid Metals is pleased to announce it has signed a cesium supply agreement with the Tantalum Mining Corporation of Canada Limited. The Agreement provides funding for Grid to drill for cesium at its Donner Property. If sufficient resources are delineated by drilling, the Agreement provides access for 10,000 tonnes of Grid's cesium material to be processed at the Tanco Cesium Plant which is the only cesium processing plant [...]
Grid Metals is pleased to announce TSX-V approval of its definitive option and joint venture agreement with Teck Resources. Grid has also received the CAD$400,000 minimum cash payment that was due from Teck by Jan 31, 2025 as required under the Agreement. In addition, Grid would like to cordially invite you to visit us at Booth #622 at the Vancouver Resource Investment Conference to be held at the Vancouver Convention [...]
Grid Metals Corp. is pleased to announce it has executed a definitive option and joint venture agreement with Teck Resources Ltd. , a leading Canadian resource company, to explore and develop the Mawka nickel project in southeastern Manitoba, Canada. The Makwa nickel project sits on the southern arm of the Bird River Greenstone Belt approximately 145 km from Winnipeg, the provincial capital. The focus of the Agreement [...]
Grid Metals Corp. is pleased to announce positive drill results from the first six drill holes of its maiden drill program at the Eagle gabbro, located within the MM copper/nickel project in southeastern Manitoba. The goal of the current drill program is to test for the existence, grade, and potential for lateral continuity of near-surface, copper-rich magmatic mineralization within the 4 km target trend. The initial [...]
Grid Metals Corp. today announced the results of the voting at the Annual and Special Meeting of the Company held on October 28, 2024 . The Company is pleased to report on the following matters and resolutions proposed in the meeting circular. Election of Directors The number of directors of the Company was set at five and the following directors were elected at the Meeting - Robin E Dunbar , Thomas W Meredith [...]
Grid Metals Corp. is pleased to report the receipt of exploration permits and the commencement of its maiden drill program at the Eagle gabbro, located within the MM copper/nickel project in southeastern Manitoba. The Eagle gabbro is located at the eastern end of the >20 km long Mayville-Eagle complex - host to the Company's 32.0 Mt Mayville Cu-Ni deposit1. Highlights Drilling will begin at the historical New Manitoba [...]
Grid Metals Corp. is pleased to provide results from its ongoing exploration program at its MM copper/nickel project located in southeastern Manitoba. The program has recently been focused on the Eagle Gabbro - host to the historical New Manitoba Cu-Ni sulfide deposit that was acquired by Grid last year. The Company is preparing to commence its inaugural exploration drilling program at Eagle as well as a new round of [...]
Grid Metals Corp. is pleased to provide an update at both its Donner Lithium and MM Copper/Nickel Projects which are located in southeastern Manitoba. The Company has made significant progress with its permitting initiatives at Donner and is preparing to resume drilling at its MM Copper Nickel Project this fall. The new drill campaign will focus on a largely untested ~4 km long outcropping trend of Cu-rich magmatic [...]
Grid Metals Corp. today announced that it has filed on SEDAR the technical report for the updated Mineral Resource Estimate for its copper/nickel MM Project in Project in southeastern Manitoba, prepared in accordance with CIM Best Practice Guidelines. The MM Project resource comprises two separate deposits, located approximately 35 km apart, and approximately 145 kilometres from Winnipeg, the capital of Manitoba. Makwa is [...]