Welcome to our dedicated page for Grid Metals news (Ticker: MSMGF), a resource for investors and traders seeking the latest updates and insights on Grid Metals stock.
Grid Metals Corp. reports mineral exploration developments for critical-metal projects in Manitoba. Company news centers on drill assays and technical updates from the 100%-owned Falcon West property, where the Lucy South lithium-cesium-tantalum pegmatite hosts pollucite-bearing cesium mineralization, spodumene-associated lithium, and related tantalum and rubidium values.
Recurring updates also cover project-level activity across Grid's Manitoba portfolio, including the Donner lithium-cesium property and the Thompson East copper-nickel project. News items include exploration results, mineral-target definition, material agreements, joint venture or option arrangements, and governance matters tied to the company's public mineral exploration business.
Grid Metals (OTCQB:MSMGF, TSXV:GRDM) has commissioned SGS Canada to complete a maiden cesium and lithium mineral resource estimate for the Lucy South pegmatite at its Falcon West Property in Manitoba, with results expected in the fall of 2026. The estimate will follow NI 43-101 and CIM guidelines and will be supported by a technical report.
Grid also reports final assays from its 2025/26 Phase 2 resource delineation drilling, where 67 holes (3,075 m) at Lucy South intersected pollucite and spodumene mineralization, including intervals up to 14.42% Cs2O and 4.56% Li2O. On July 31, 2026, Grid received TSX Venture approval for a joint venture under which Avenir Minerals bought a 15% interest in Falcon West for C$3.75 million and obtained staged rights to increase its property interest to 30% and its equity stake in Grid to 19.99%.
Grid Metals (OTCQB:MSMGF, TSXV:GRDM) received conditional TSX Venture Exchange approval for its joint venture with Avenir Minerals, a wholly owned subsidiary of Agnico Eagle Mines, on the Falcon West Cesium Property in southeastern Manitoba.
Under the JV Agreement, Avenir acquired an initial 15% interest in the property and joint venture for C$3,750,000 in cash, and will fund its pro rata share of future costs. Grid retains an 85% interest and will operate the joint venture. Avenir holds about 9.9% of Grid’s common shares and has an option to subscribe for up to 19.99% of Grid’s issued and outstanding common shares after publication of a NI 43-101 compliant mineral resource estimate on the property.
Avenir also holds an option to acquire an additional 15% property interest, for a total of 30%, upon completion of a preliminary economic assessment or adoption of a mine plan for Falcon West Cesium.
Grid Metals (OTCQB:MSMGF, TSXV:GRDM) has entered a definitive joint venture agreement with Avenir Minerals, a wholly owned subsidiary of Agnico Eagle Mines, for the Falcon West Cesium Property in southeastern Manitoba. Avenir will acquire an initial 15% interest for C$3,750,000 in cash, with Grid retaining 85% and operatorship, subject to TSX Venture Exchange approval.
Avenir holds an option to increase its property interest to 30% after a PEA or mine plan, at 40% of the project NPV (8% discount rate) multiplied by 15%. It also has an option to raise its equity position in Grid to up to 19.99% at a 10% premium to the 30‑day VWAP following publication of an NI 43‑101 compliant mineral resource estimate. A joint venture management committee will include one representative from each party, with voting rights proportional to their interests. Grid expects the structure to provide non‑dilutive capital and a framework to advance the Falcon West cesium project toward resource estimation, metallurgical testwork and potential development.
Grid Metals (OTCQB:MSMGF) reported new exploration results and geophysics from the Makwa nickel-copper-PGE project in Manitoba, advanced under an option and joint venture with Teck Resources.
Teck may earn 70% by funding $15.7M in work and $1.6M in cash; >$2M has been spent to May 31, 2026. Q4 2025 drilling at the Pavo Anomaly intersected narrow magmatic sulphide intervals over ~250 m strike and ~150 m depth. Borehole and ground EM outlined an untested, highly conductive “Pavo Deep” target near the Ore Fault Corridor. Q1 2026 ground EM at the Ore Fault deposit defined two strong conductors (≈2,000–2,050 Siemens) with 300–400 m depth extent, supported by historical drill intercepts such as 15.0 m at 1.71% Ni and 1.76 g/t Pd, and 11.1 m at 1.98% Ni. Decisions on follow-up drilling at Pavo Deep and Ore Fault are pending.
Grid Metals (OTCQB:MSMGF) received conditional TSX Venture approval for its April 15, 2026 option and joint venture with Boliden Mineral Canada for the Thompson East copper/nickel project in Northern Manitoba. Boliden may acquire an 80% interest by funding cumulative expenditures of CAD$9,600,000 and making staged cash payments totaling CAD$500,000. Following TSXV approval, Grid is entitled to an immediate CAD$200,000 cash payment.
Grid Metals (OTCQB:MSMGF) reported second-batch Phase 2 assays from the 100% owned Falcon West property on May 5, 2026, confirming cesium and lithium mineralization at Lucy South and newly 75 m north at Lucy North. Highlight intercepts include 0.35 m @ 15.05% Cs2O (LU26-19) and 6.40 m @ 2.95% Li2O (LU26-21). Eight of 39 holes hit pollucite and 29 intercepted spodumene. Grid plans an initial cesium resource estimate and 43-101 technical report, with a maiden resource expected in Q3 2026.
Grid Metals (OTCQB:MSMGF) entered a definitive option and joint venture with Boliden to explore the Thompson East copper-nickel project in northern Manitoba.
Boliden may earn an 80% interest by funding cumulative expenditures of CAD$9.6M and paying CAD$500,000 in staged cash over four years (total commitment CAD$10.1M). TSXV approval is required.
Grid Metals (OTCQB:MSMGF) reported assays from the first 11 holes of its Phase 2 program at the 100% owned Falcon West Lucy South pegmatite, including 3.84m @ 12.9% Cs2O (inc. 1.56m @ 26.5% Cs2O) and 1.15m @ 6.16% Li2O. Phase 2 comprised 67 holes (3,075m); 56 hole assays remain pending. The company plans an initial cesium resource estimate after receiving all assays.
Grid Metals (OTCQB:MSMGF) reported final Phase 1 drill results at the 100% owned Falcon West Lucy South LCT pegmatite, including a best intercept of 3.35 m @ 20.45% Cs2O (including 2.35 m @ 28.39% Cs2O).
Drilling outlines a Cs- and Li-enriched core ~120 m strike, open in multiple directions; pollucite is the dominant Cs-bearing mineral. A Phase 2 ~3,000 m program (~60 holes) commenced January 2026, with an initial cesium resource estimate targeted near Q3 2026.
Grid Metals (OTCQB:MSMGF) reported additional assays from the Lucy South target at its 100% owned Falcon West cesium property on February 3, 2026. Highlights include multiple high-grade pollucite-hosted cesium intercepts (e.g., 12.45m @ 5.24% Cs2O and 7.35m @ 6.01% Cs2O) and significant spodumene-hosted lithium intervals (e.g., 5.5m @ 4.72% Li2O).
The cesium target is defined over an initial drill area of ~100m x 30m with average true thickness ~5m, remains open along strike and at depth, and Phase 2 infill and extension drilling has commenced.