Resource World Magazine Profiles Grid Battery Metals
NEWS RELEASE
Resource World Magazine Profiles Grid Battery Metals
Coquitlam, BC – October 18, 2023- Grid Battery Metals Inc. (the “Company” or “Grid Battery”)
(TSXV: CELL, OTCQB: EVKRF, FRA: NMK2) announces that Resource World Magazine Inc., a respected
industry news writer and editorial author, has profiled Grid Battery Metals Inc. in its latest issue.
The article and corporate profile can be found by accessing the following weblink, Resource World
Article.
The article includes commentary by Grid’s CEO Mr. Tim Fernback, a discussion of Grid’s current
lithium exploration programs in Nevada and the Company’s proposal to spin out its BC Nickel
property subsidiary to the Canadian Securities Exchange (“CSE”) as a future publicly traded company,
offering a future share dividend to Grid’s shareholders at no addition cost.
About Research World Magazine Inc.
For over twenty years, Resource World Magazine has been reporting on the business of mining, oil &
gas, green technologies and the events that affect these sectors. Resource World has become a staple
periodical within the natural resource community, providing timely editorial relevant to resource
stock investors, brokers, analysts and the people with boots on the ground. Formerly a monthly print
publication for eighteen years, Resource World successfully transitioned over to the digital world
and is now at the forefront of producing daily relevant editorial for thousands of readers.
Founded in 2002 by mining technologist and Haileybury School of Mines graduate Ellsworth Dickson
whose editorial objective was to inform readers of timely investment opportunities, educate readers
and offer rich, interesting fact-based content. Early in his career he worked in the geology
departments of a silver-cobalt and copper mine as well as in structural geology for an engineering
company. Mr. Dickson became a mining journalist in 1983 and was editor of World Investment News
in the late 1980s and the George Cross Newsletter in the 1990s.
The Resource World editorial team consists of seasoned writers specializing in mining, oil & gas,
economics, foreign affairs and come from a variety of occupations and positions including geologists,
engineers, professors, economists and investment advisors from leading brokerage firms. Our
writers cover junior mining companies, oil & gas, area plays, precious metals, rare earth, battery
metals and critical minerals almost on a daily basis with nearly two hundred editorial pieces
published per month. It is our commitment to deliver a source for resource-based editorial with
integrity.
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.
Grid Battery Metals Inc..
3028 Quadra Court
Coquitlam, BC, V3B 5X6
604- 428-5690
www.gridbatterymetals.com
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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.
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 303 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).
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
“Tim Fernback”
Tim Fernback, President & CEO
Contact Information:
Email: [email protected]
Phone: 604-428-5690
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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.