Technical Report For The Texas Spring Lithium Project

Technical Report For The Texas Spring Lithium Project

COQUITLAM – Grid Battery Metals Inc. reported that the Technical Report for the Texas Spring Lithium Project has been filed. The Company recently completed the Phase 1 exploration of the Texas Springs Property in fall 2023 which included both a CSAMT geophysical survey and a detailed soil sampling on a 50 m X 100 m spacing.  The Phase 1 Exploration results included average Lithium Grades of 2010 ppm, applying a 1,000 ppm cut-off, and up to an impressive 5,610 ppm Lithium.

Tim Fernback, Grid President & CEO, said, “We are happy to report the filing of the NI 43-101 Technical Report on our Texas Spring Lithium Project.  The recommendation for future exploration includes a multi-phase drilling program as a logical next step here on the property.  The timing is good for the Company, and with approximately CAD$7.2 million in our treasury, we are well-positioned and fully funded for our 2024 exploration season.”