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) 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.
Grid Metals (OTCQB:MSMGF) reported additional high‑grade cesium assays from the Lucy South zone at its 100%‑owned Falcon West cesium property dated December 4, 2025. Highlights include 4.04 m @ 10.4% Cs2O (incl. 1.24 m @ 27.1% Cs2O) in LU25‑08 and 3.45 m @ 16.8% Cs2O in LU25‑09. The initial phase completed 67 holes (3,035 m); assays for the remaining 56 holes are pending.
The pollucite‑hosted cesium zone is near surface, defined over ~100 m strike and remains open; phase 2 drilling is expected to start in mid‑January 2026. Report notes cesium carbonate pricing at US$218,000/t.
Grid Metals (OTCQB:MSMGF) released first assays from its 2025 drill program at the 100% owned Falcon West Lucy South LCT pegmatite near Winnipeg, Manitoba.
Initial results from five holes include high-grade cesium intercepts such as 14.0% Cs2O over 3.01 m (LU25-03) and a 0.42 m sub-interval grading 27.4% Cs2O. Mineralization is reported as pollucite-hosted cesium with associated lithium and rubidium. The program targets a near-surface ~150x40 m area within ~35 m of surface and plans ~70 drill holes to define strike and cesium distribution.
Grid Metals (OTCQB:MSMGF / TSXV:GRDM) announced a completed financing for C$4,027,158, led mainly by a single strategic investor. The company has started a cesium-focused drill program at Falcon West, targeting the historical Lucy cesium zone with a planned minimum of 40 drill holes on a near-surface pegmatite system. Cesium was designated a critical metal in the recent Canadian federal budget.
At the Makwa Ni-Cu-PGE project, an Option and Joint Venture with Teck funds drilling and downhole geophysics at the newly identified Pavo Anomaly; surface grab samples returned up to 1.1% nickel and a drill rig has been mobilized. The board approved 7,200,000 stock options at $0.15 per share under the equity incentive plan for directors, management, employees and consultants.
Grid Metals (OTCQB:MSMGF / TSXV:GRDM) closed the second tranche of a non-brokered private placement on October 30, 2025, raising aggregate gross proceeds of C$4,027,158 across both tranches.
The Second Tranche raised C$2,347,158 via issuance of 7,060,903 common shares at C$0.12 and 7,575,000 charity flow-through shares at C$0.198. Proceeds target exploration at the Falcon West cesium project and Bird River Belt nickel/copper/PGM targets, plus general corporate purposes.
An insider subscribed for 5,565,233 common shares (~$667,828), treated as a related‑party transaction; the company relied on MI 61‑101 exemptions. TSX Venture Exchange final approval is pending.