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. (OTCQB: MSMGF) generates frequent exploration and corporate news related to its nickel, copper, platinum group metal, lithium and cesium projects in southeastern Manitoba. This news feed aggregates company press releases and market updates so readers can follow how Grid’s Makwa, Mayville, Falcon West and Donner properties are advancing.
Recent announcements have focused on high-grade cesium drill results at the Falcon West Property, where Grid is targeting pollucite-hosted cesium within the Lucy South lithium-cesium-tantalum pegmatite. The company has reported some of its best cesium intercepts to date from near-surface drilling, along with details of drill programs, assay results and interpretations of pegmatite zonation.
News items also cover nickel and copper exploration at the Makwa and Mayville properties, including grassroots nickel sulfide discoveries at the Pavo Anomaly and disseminated Cu-Ni sulfide mineralization at the Eagle gabbro. Grid’s releases describe geophysical surveys, drill permitting, and planned drill campaigns funded in part through an Option and Joint Venture Agreement with Teck Resources Limited on the Makwa Property.
Investors can also find coverage of strategic private placements, charity flow-through financings and corporate developments that fund exploration at Falcon West and within the Bird River Belt. Updates often include information on Grid’s Exploration Agreement with Sagkeeng First Nation and technical commentary from the company’s Qualified Person.
By monitoring this page, readers can review historical and ongoing news about MSMGF, from drilling and assay results to financing transactions and project-level milestones across Grid Metals’ Manitoba exploration portfolio.
Grid Metals Corp. (TSXV:GRDM) has announced a non-brokered private placement to issue up to 56 million shares, raising gross proceeds of up to C$8,520,000. Key investors include AMCI and Primero Group. The offering consists of ordinary common shares priced at C$0.12 and charitable flow-through shares at C$0.21. Funds will be allocated to advancing lithium and nickel-copper projects in Manitoba, including a planned airborne EM survey for high-potential mineral leases. Closing is expected around September 15, 2022, pending regulatory approvals.
Grid Metals Corp. has announced the successful completion of its Phase 1 drill program at the Donner Lake lithium property. The final three drilled holes revealed significant lithium grades, with GDL22-16 reporting 1.17% Li2O over 7.3 meters. The Northwest Dyke, traced for 600 meters, shows notable continuity and opens for further exploration. The company is moving forward with project development, including environmental assessments and metallurgical tests, while keeping investors updated on future drill plans for resource calculation.
Grid Metals Corp (OTCQB:MSMGF) announced promising results from its Phase 1 drill program at the Donner Lake lithium property in Manitoba. Highlights include:
- Drill hole GDL22-07: 8.2m at 1.53% Li2O
- Drill hole GDL22-11: 14.6m at 1.25% Li2O
- Drill hole GDL22-14: 3.26m at 1.88% Li2O
Additional valuable cesium and tantalum readings were also reported. The company has mobilized crews for further sampling of pegmatite dykes, indicating strong potential for further lithium discoveries.
Grid Metals Corp (OTCQB:MSMGF) has announced the sale of its 100% interest in the Bannockburn Nickel Property to Canada Nickel Company Inc. for 2 million common shares. This strategic move aims to streamline Grid's portfolio, allowing focus on core battery metals projects in Manitoba, including the Makwa Mayville and Donner Lake properties. The Bannockburn property has demonstrated potential with historical drilling indicating significant nickel mineralization. The transaction also positions Grid as a key shareholder in Canada Nickel, providing exposure to its exploration projects.
Grid Metals Corp. (OTCQB:MSMGF) has reported significant results from three additional drill holes in its Phase 1 program at the Donner Lake Lithium property in Manitoba. Highlights include:
- 10.3 meters at 1.0% Li2O in hole GDL22-04, with a section of 5.1 meters at 1.8% Li2O.
- 12.9 meters at 1.0% Li2O in hole GDL22-08, with sections of 1.8 meters at 1.8% Li2O and 3.0 meters at 1.6% Li2O.
- 9.6 meters at 0.8% Li2O in hole GDL22-09, including 2.9 meters at 1.5% Li2O.
The drill program has now traced the Northwest Dyke for ~600 meters, with results for eight holes pending.
Grid Metals Corp has announced promising results from its 2022 lithium exploration program at the Donner Lake property in Manitoba, a joint venture with Lithium Royalty Corp. Drill results reveal high-grade lithium intersections, including 4.1 meters averaging 1.62% Li2O and 5.9 meters averaging 1.48% Li2O across a 500-meter strike length. The company has completed five drill holes, with assays indicating a consistent lithium profile akin to neighboring pegmatite sources. Ongoing drilling aims to further define this valuable resource near Canada's only lithium-producing operation.
Grid Metals Corp. announced a successful drilling update on their Makwa Nickel Property, highlighting the discovery of nickel, copper, and cobalt sulfide mineralization beneath the historic Dumbarton Mine. The initial results from drill hole MK22-02 show substantial nickel grades, with intervals exceeding 1.5% nickel within a broader mineralized package. The ongoing drilling program targets significant geophysical anomalies with a strike length of 400 meters, indicating further resource potential. The exploration aligns with rising nickel prices and increased interest in nickel sulfide projects.
Grid Metals Corp. has released initial findings from its 2022 lithium exploration at the Donner Lake property in Manitoba, reporting positive results from 11 drill holes targeting the Northwest Dyke. All holes intersected spodumene-bearing pegmatites along a 600-meter strike length. Key results include drill hole GDL22-01 with 13.75 meters averaging 1.53% Li2O and GDL22-02 with 9.4 meters averaging 1.47% Li2O. The Northwest Dyke remains open for further exploration.
Grid Metals Corp. (OTCQB: MSMGF) announced final results from its 2021 drilling program at the Bannockburn Nickel Property in Ontario. The drilling focused on the B Zone, revealing widths and grades comparable to Canada Nickel's Crawford Deposit. Key results include hole GBN21-03, which intercepted 341.7 meters averaging 0.28% Ni. A mineralogical study is underway to assess recoverable nickel from the B Zone. The mineralization remains open in multiple directions, indicating potential for further exploration.
Grid Metals Corp. (OTCQB: MSMGF) has reported progress on its nickel-copper-PGM and lithium exploration projects. In January, the company raised C$6.3 million through a financing transaction. Key updates include the completion of ten drill holes at the Makwa nickel project, drilling at the Donner Lake lithium project, and final results expected from the Bannockburn nickel project. The Company has received final mineral title for exploration licenses in Manitoba, enhancing its exploration capabilities. Initial drilling results are anticipated by the end of February 2022.
FAQ
What is the current stock price of Grid Metals (MSMGF)?
What is the market cap of Grid Metals (MSMGF)?
