Dave Peck Appointed VP Exploration and Business Development for Grid Metals Corp. The Board of Directors of Grid Metals Corp. (TSXV :GRDM ) ( the “Company”) is pleased to announce that Dr. Dave Peck , Ph.D., P.Geo., has been appointed to the position of Vice President of Exploration
Toronto January 13, 2020
Dave Peck Appointed VP Exploration and Business Development for
Grid Metals Corp.
The Board of Directors of Grid Metals Corp. (TSXV :GRDM ) ( the “Company”) is pleased to announce
that Dr. Dave Peck , Ph.D., P.Geo., has been appointed to the position of Vice President of Exploration
and Business Development for Grid Metals Corp. Dr. Peck is a practicing Professional Geoscientist with
over 30 years of experience with majors, mid-tier mining and junior exploration companies. His career
focus has been on discovering, evaluating and developing magmatic platinum group metal (“PGM”) and
nickel-copper sulphide deposits. Dave has amassed a wealth of knowledge of glob al PGM and nickel -
copper sulfide projects, mining districts and markets.
From March 2012 to August 2014 he served as the Head of Exploration for North American Palladium
Ltd. ( “NAP”) until recently the owner of the Lac des Isle deposit, Canada’s only producing palladium
mine. He was subsequently promoted to the position of Vice President, Exploration – a post he held
until the end of 2019 . Dave was one of the three officers on the s enior management team that led the
turnaround of NAP, culminating in its recent acquisition by Impala Platinum of South Africa for CAD $1.0
billion. From 2003 to 2009 , he served as Global Nickel Commodity Leader for Angl o American plc ‘s
Exploration Divisi on. Dave has extensive experience in designing and implementing exploration
programs for PG M and nickel -copper deposits, business strategy, corporate financing , technical report
writing and property valuations. The Company is confident that Dr. Peck’s skills and experience will be
invaluable in advancing the potential of the Company’s portfolio of palladium , nickel and copper
projects and in identifying and delivering valuable new opportunities. (Please refer to Dr. Peck’s
biography included in this release for more information.)
Dr. Peck commented “I am pleased to be joining Grid and have the opportunity to advance and augment
its portfolio of high potential properties, all of which I have very strong familiarity with. I am specifically
encouraged by the strong geological similarities between the East Bull Lake (“EBL”) property and the Lac
des Iles (“LDI”) palladium deposit and look forward to applying the exploration approaches that have
worked so well at LDI to EBL. The limited amou nt of drilling at EBL represents a clear and present
opportunity for Grid given the widespread near-surface palladium mineralization on the property. The
fact that new palladium zones are still being discovered at the smaller LDI mine property, despite over
30 years of intensive exploration drilling, bodes well for a significant palladium discovery at EBL.” Dr.
Peck will complete a review of Grid’s extensive technical database for the EBL property and wi ll
determine the optimal technical program for the next phase of exploration.
Robin Dunbar President and CEO of Grid said “we are pleased to have a successful explorer and strategic
thinker of Dave’s magnitude join our team. Dave is a pragmatic and highly skilled professional and his
engagement with Grid is a very positive development for the Company. “ The Company is also pleased
to note that Carey Galeschuk, P.Geo. and Paul C. Davis, P.Geo. will continue as consulting geologists with
Grid on their respective projects and report to Dr. Peck.
Dr. Dave Peck, P.Geo. - Biography
Dave Peck holds a Ph.D. in Geology from Melbourne University and a M.Sc. in Geology from the
University of Windsor. He is a practicing Professional Geoscientist registered in On tario, Manitoba and
British Columbia. Dave’s geological experience spans over 30 years and more than a dozen countries on
five continents. He has a diverse professional background reflecting hi s employment with major, mid-
tier and junior mining and ex ploration firms, private geological consulting businesses , government
geological surveys and academe. His industry experience has been focused on magmatic PGM and Ni-Cu
sulfide mines and exploration projects.
At the end of 2019 he left the senior management team at North American Palladium (“NAP”) after
playing a key role in the transformation of the company into a profitable mining business with a CAD $1
billion market capitalization value, a rejuvenated mineral resource b ase, and a world-class exploration
portfolio. In his last year at NAP he was an important contributor to the sale of the company to Impala
Platinum. Under his leadership , NAP’s exploration department made several significant PGM-copper-
nickel sulfide discoveries including multiple new palladium zones at Lac des Iles and a major expansion
of the Sunday Lake PGM-copper-nickel deposit. Prior to this Dave established and managed two
successful geological consulting businesses and was a director of a private Manitoba exploration
company. From 2002-2009 Dave was employed by Anglo American plc’s Exploration Division and for six
of those years was the Global Commodity Leader for nickel. In that role he was responsible for all
technical and strategic aspects of the company’s global nickel exploration programs including allocations
of annual budgets of up to U.S. $50 million. In the 1990’s he worked as a Senior Mineral Deposits
geologist at the Manitoba Geological Survey a nd as a project geologist at Laurentian U niversity in
association with the Ontario Geological Survey. Dave previously held appointments as adjunct professor
at Laurentian University and the University of Manitoba.
Dave has authored or co-authored numerous academic, government publications and corporate
technical reports, most of which deal with the geology, geochemistry, genesis and economics of PGM
and magmatic sulfide deposits. In 2016, Dave published a synthesis paper that shared his unique
insights into developing successful exploration strategies for these deposits. Dave is a recognized expert
on the geology and mineral deposits of the Lac des Iles region in Ontario; the Raglan District in Quebec,
the Thompson Belt, Fox River Belt and Bird River Belt in Manitoba; the East Bull Lake Suite of Intrusions
in Ontario; the Duluth Complex in Minnesota; the Cheyenne Belt of southeastern Wyoming; and the
Cambrian ultramafic complexes of Western Tasmania. He has developed and participated in projects in
many other key mineral belts including the northern limb of the Bushveld Complex in South Africa; the
Coppermine River (Muskox Intrusion) district in the Northwest Territories, Canada; the Panxi Rift in
Sichuan Province, China; and the Kola-Karelia terrane in northern Sweden and Finland. He has worked
on or visited most of the world’s major nickel sulfide and PGM mining districts. He also maintains a solid
background in exploring for and evaluating magmatic titanium-vanadium-iron oxide deposits and lode
gold deposits.
About Grid Metals Corp.
Grid Metals Corp. is an exploration and development Company that has a diversified portfolio of
projects in the nickel-copper-platinum group metal sectors. These commodities are vital to the emerging
battery metals, energy storage and automotive sectors. All of Grid's projects are located in secure North
American mining jurisdictions. The Company is focused on timely advancement of its property portfolio
through prudent exploration and development activities.
In addition to the East Bull Lake PGM Property Grid has ongoing development work at its Makwa
Mayville Nickel -Copper-PGM project located in Manitoba. The Company has ongoing work being
completed towards completion of an updated NI 43-101 Preliminary Economic Assessment (PEA) of that
project. The existing PEA was completed in April 2014.
To find out more about Grid Metals, please visit www.gridmetalscorp.com.
On Behalf of the Board of Grid Metals Corp.
Robin Dunbar - President, CEO & Director
Telephone: 416-955-4773
David Black - Investor Relations
Email: [email protected]
Email: [email protected]
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 may include the Company's plans for its properties, the overall economic
potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and ot her
factors wh ich 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 poli tical
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
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