Global Business Reports Magazine Profiles Grid Battery Metals in the Western USA Mining 2024 Issue
NEWS RELEASE
Global Business Reports Magazine Profiles Grid Battery Metals in the
Western USA Mining 2024 Issue
Coquitlam, BC – February 29, 2024- Grid Battery Metals Inc. (the “Company” or “Grid Battery”)
(TSXV: CELL, OTCQB: EVKRF, FRA: NMK2) announces that Global Business Reports, a respected
industry news writer and editorial author, has profiled Grid Battery Metals Inc. in its latest issue of
the Western USA Mining 2024 , profiling active and successful mineral exploration companies in
this region.
The interview and corporate profile can be found by accessing the following weblink, Global Business
Reports, Western USA Mining 2024.
The article includes commentary by Grid’s CEO Mr. Tim Fernback, a discussion of Grid’s current
lithium exploration programs in Nevada, its impressive corporate balance sheet and cash balance,
and the company’s overall focus for 2024.
About Global Business Reports
Headquartered in Singapore and with offices in Istanbul, Global Business Reports (“GBR”) was
established in 2001 in order to provide first-hand information for global business decision makers.
In an age where cross boundary trade and investment are driving factors for businesses, information
is crucial. Precise sectorial reports help companies understand and expand their markets, improve
their sourcing chain, target their investments and discover the trends affecting their industry around
the world.
GBR provides in-depth analyses and up-to-date insights into all aspects of the mining, energy,
chemicals and life sciences industries globally. Our research includes face-to-face meetings with the
main protagonists in the field to form an accurate picture of the actual situation on the ground.
The Western USA Mining 2024 Report looks at copper, lithium, uranium, rare earth, and other
minerals are in-demand commodities and prevalent in Western USA. From northern Alaska to
southern Arizona, the Western USA boasts rich reserves of these minerals. The world is in a race
towards a more green and electrified future, and these metals have become a focal point in global
discussion, being designated by many nations as "critical," resembling oil in terms of their
geopolitical significance. Nations worldwide are after self-sufficiency and reducing reliance on
foreign sources; the US is no exception.
With approximately 110 interviews conducted with government authorities, associations, and key C-
level executives across the mining value chain, GBR's Western USA Mining 2024 report offers a
comprehensive overview of the current state of the mining industry. This report aims to provide
readers with on-the-ground insights, allowing them to understand how the past has shaped today's
US mining industry and what industry leaders hope for the future.
Grid Battery Metals Inc..
3028 Quadra Court
Coquitlam, BC, V3B 5X6
604- 428-5690
www.gridbatterymetals.com
2
About Grid Battery Metals Inc.
Grid Battery Metals Inc. is a Canadian based exploration company whose primary listing is on the TSX
Venture Exchange. The Company’s maintains a focus on exploration for high value battery metals
required for the electric vehicle (EV) market. www.gridbatterymetals.com.
About Texas Springs Property
The Company owns a 100% interest in the Texas Spring Property which consists of mineral lode
claims located in Elko County, Nevada. The Property is in the Granite Range southeast of Jackpot,
Nevada, about 73 km north-northeast of Wells, Nevada. The target is a lithium clay deposit in volcanic
tuff and tuffaceous sediments of the Humbolt Formation. A Phase 1 exploration program at the Texas
Springs Property (Fall 2023) yielded results with average lithium grades of 2010 ppm, applying a
1,000 ppm cut-off, and up to 5,610 ppm Lithium.
The Texas Spring property adjoins the southern border of the Nevada North Lithium Project - owned
by Surge Battery Metals Inc. (“Surge”) ( TSXV: NILI, OTC: NILIF ) and comprised of 725 mineral
claims. Surge's first round of drilling identified strongly mineralized lithium bearing clays. The
average lithium content within all near surface clay zones intersected in the 2022 drilling program,
applying a 1000 ppm cut-off, was 3254 ppm. (Press release March 29, 2023 ). More recent results
have shown higher grade lithium up to 8070 ppm on this property after initial drilling (Press release
September 12, 2023). Our exploration results are on-trend with these results.
About Clayton Valley Lithium Project
The Company owns a 100% interest in 113 lithium lode and placer claims covering over 640 hectares
in Clayton Valley. Clayton Valley is a down-dropped closed basin formed by the Miocene age Great
Basin extension and is still active due to movement along the Walker Lane structural zone. As a
result, the basin has preserved multiple layers of lithium bearing volcanic ash, resulting from
multiple eruptive events over the past 6 million years including eruptions from the 700,000-year-old
Long Valley Caldera system and related events. These ash layers are thought to contribute to the
lithium brines extracted by Albemarle and are also likely involved in the formation of the exposed
lithium rich clay deposits on the east side of Clayton Valley.
Volt Canyon Lithium Property
The Company owns a 100% interest in 80 placer claims covering approximately 635 hectares of
alluvial sediments and clays located 122 km northeast of Tonopah, Nevada.
About the British Columbia, Nickel Projects
The Mount Sidney Williams Group consists of three claim blocks with a total area of 10,569 hectares
in the area surrounding Mount Sidney Williams, both adjoining and near the Decar project of FPX
Nickel Corp., located 100 kilometres northwest of Fort St. James, B.C., in the Omineca mining division.
Metallic mineralization includes nickel, cobalt, and chromium. At least some of the nickel
mineralization occurs as awaruite. The Mitchell Range Group area claim consists of one claim block
covering 8,659 hectares with demonstrated metallic mineralization including nickel, cobalt, and
chromium. Nickel cobalt mineralization has not been well explored, but the presence of awaruite has
been documented.
On Behalf of the Board of Directors
3
“Tim Fernback”
Tim Fernback, President & CEO
Contact Information:
Email: [email protected]
Phone: 604- 428-5690
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release
may contain forward-looking statements which include, but are not limited to, comments that involve future
events and conditions, which are subject to various risks and uncertainties. Except for statements of historical
facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and
security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking
statements are not guarantees of future performance and actual results may vary materially from those
statements. General business conditions are factors that could cause actual results to vary materially from
forward-looking statements. It should be noted that results from any adjacent property(s) are not an indication
of what may be found on the Company’s property(s).