Grid Battery Awards Contract for 2025 Exploration Program on its Copper-Gold Property to Hardline Exploration
(TheNewswire)
Coquitlam, BC – TheNewswire - May 20, 2025- Grid Battery MetalsInc. (the “Company” or “Grid”) (TSXV:CELL, OTCQB: EVKRF FRA: NMK2) is pleased toannounce that an exploration program has beenawarded to Hardline Exploration www.hardlineexploration.com . Founded in 2014, Hardline, an experienced mining contractor based outof Smithers, BC, is a leading geological consulting firm operating inwestern Canada. Hardline works directly with local contractors andFirst Nations to ensure their projects receives the most efficient& dedicated exploration services available. They specialize inexecuting programs on complex exploration projects to generate newdiscoveries and have a proven track record of successful projectsincorporating highly skilled geologists and team members with vastexperience across Canada on a variety of deposit types.
Please refer to the Technical Report for Grid BCCopper-Gold Project, dated January 24, 2025 prepared by Jeremy Hanson,P.Geo. (filed on SEDAR+ and our website ).
The Company acquired a100% interest in 17 mineral claims comprising27,525 hectares (approximately 275 km 2 ) located inNorth Central British Columbia. The region ishost to numerous operating mines, good infrastructure includingexperienced exploration and supporting services. Prominent amongearly discoveries in the Omineca region include the nearby Lustdust/Stardust Copper – Gold deposit; the Kwanika Copper -Gold deposit and the Lorraine Copper deposit (all of which are owned by ( NorthWest Copper Corp. ( TSXV:NWST ) ).
The Company’s claimsare also located between Centerra Gold Inc.’s ( TSX: CG, NYSE: CGAU )prominent Copper/Gold assets, the Kemess North project and theoperating Mount Milligan mine, which has produced over 1.8 millionounces of gold and 742 million pounds of copper (Technical Report onthe Mount Milligan Mine, November 7, 2022, Borntrager. B, etal.).
B.C. Minfile assessment report data indicates that mostof the area covered by the Copper Property was at one time or anothercovered by staking during surges of exploration in B.C. dating fromthe 1940’s to present day. Largely the claims appear to have beenminimally explored with little follow-up. However, some work wasrecorded on several claims with results for stream sediment samplingshowing anomalous to highly anomalous results for gold in a few areas. These areas were recommended for detailed follow-up, however due toa downturn no further work was recorded
The Omineca Group claim areas are within the northernQuesnel Trough underlain by Cache Creek Terrane and lies close to thePinchi Fault. The Quesnel Trough hosts numerous porphyrycopper-gold deposits. The Pinchi Fault can be traced for 600 kmthrough north-central B.C and separates Cache Creek rocks from theJurassic Hogem Batholith and Triassic-Jurassic Takla rocks to thewest. Rocks have a north-northwest strike trend typical of theentire Intermontane Belt in which the Cache Creek Terrane lies(Gabrielse and Yorath, 1992). A wide range of Jurassic to Tertiaryintrusions cuts the Cache Creek Assemblage and many of these areemplaced along the prominent NW-trending structures and stratigraphicbreaks. Numerous mercury occurrences are present along the length ofthe Pinchi fault (Albino, 1987) and a few gold and base metaloccurrences are present near the Pinchi fault including the Lustdust,Lorraine, Indata and Axelgold properties. There are at least twoalkalic gold-copper Porphyry systems in the immediate Lustdust (nowknown as Stardust) area: J49 and Axel Properties (Schiarrizza,2000).
2025 Exploration Program
Mr. Tim Fernback, President & CEO comments“We’re excited that we have acquired approximately 275km 2 of tenures in such a favourable mining region within British Columbia,Canada. This area of the Province has already generated severalpromising projects, and our land package is strategically situated toexploit the high copper-gold values of the region. NorthWest CopperCorp. ( TSXV: NWST ) on the nearby Kwanika projectintercepted 400 metres of 1.01 % Copper equivalent (News Release: January 16, 2023 Northwest CopperCorp ). British Columbia is amining-friendly jurisdiction with reasonable processes, goodinfrastructure and potential First Nation partners.”
Mr. Fernback continues “For 2025, we propose to carryout a preliminary exploration program on two of the five claim blocksrecently acquired as part of our Exploration Phase 1. Here a largeassaying, trenching, sampling and geophysics program is planned forthe Jupiter and Starlight claim blocks. We are planning this workduring the summer exploration season and expect to have assay resultsby the fall with next exploration steps identified on the variousclaim blocks shortly thereafter.”
Qualified Person
Jeremy Hanson, P.Geo.,an independent qualified person as defined under National Instrument43-101 has reviewed and approved the technical content in this newsrelease.
AboutGrid Battery Metals Inc. www.gridbatterymetals.com .
Grid Battery Metals Inc.is a Canadian based exploration company whose primary listing is onthe TSX Venture Exchange. The Company’s maintains a focus onexploration for high value battery metals required for the electricvehicle (EV) market.
The Company owns a 100%interest in the Texas Spring Property which consists of mineral lodeclaims located in Elko County, Nevada. The Property is in theGranite Range southeast of Jackpot, Nevada, about 73 kmnorth-northeast of Wells, Nevada. The target is a lithium clay depositin volcanic tuff and tuffaceous sediments of the Humbolt Formation. APhase 1 exploration program at the Texas Springs Property (Fall 2023)yielded average lithium grades of 2010 ppm, applying a1,000 ppm cut-off, and up to 5,610 ppm Lithium .
The Texas Springproperty adjoins the southern border of the Nevada North LithiumProject - owned by Surge Battery Metals Inc. (“Surge”) (TSXV:NILI, OTC: NILIF) and comprised of 725 mineral claims. Surge's firstround of drilling identified strongly mineralized lithium bearingclays. The average lithium content within all near surface clay zonesintersected 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 upto 8070 ppm on this property after initial drilling (Press release September 12, 2023 ). Our exploration results are on-trendwith these results.
AboutClayton Valley Lithium Project
The Company owns a 100%interest in 113 lithium lode and placer claims covering over 930hectares in Clayton Valley. Clayton Valley is a down-dropped closedbasin formed by the Miocene age Great Basin extension and is stillactive due to movement along the Walker Lane structural zone. As aresult, the basin has preserved multiple layers of lithium bearingvolcanic ash, resulting from multiple eruptive events over the past 6million years including eruptions from the 700,000-year-old LongValley Caldera system and related events. These ash layers arethought to contribute to the lithium brines extracted by Albemarle andare also likely involved in the formation of the exposed lithium richclay deposits on the east side of Clayton Valley.
Aboutthe Volt Canyon Lithium Property
The Company owns a 100%interest in 80 placer claims covering approximately 635 hectares ofalluvial sediments and clays located 122 km northeast of Tonopah,Nevada.
Aboutthe British Columbia Copper-Gold Project
The Company acquired a100% interest in 17 mineral claims comprising27,525 hectares (approximately 275 km 2 ) located inNorth Central British Columbia. The region ishost to numerous operating mines, good infrastructure includingexperienced exploration and supporting services. Prominent amongearly discoveries in the Omineca region include the nearby Lustdust/Stardust Copper – Gold deposit; the Kwanika Copper -Gold deposit and the Lorraine Copper deposit (all of which are owned by ( NorthWest Copper Corp. ( TSXV:NWST ) ).
The Company’s claimsare also located between Centerra Gold Inc.’s ( TSX: CG, NYSE: CGAU )prominent Copper/Gold assets, the Kemess North project and theoperating Mount Milligan mine, which has produced over 1.8 millionounces of gold and 742 million pounds of copper (Technical Report onthe Mount Milligan Mine, November 7, 2022, Borntrager. B, etal.).
On Behalf of the Boardof Directors
Email: info@gridbatterymetals.com
Neither the TSX Venture Exchange nor its Regulation ServicesProvider (as that term is defined in the policies of the TSX VentureExchange) accepts responsibility for the adequacy or accuracy of thisrelease. This news release may contain forward-looking statementswhich include, but are not limited to, comments that involve futureevents and conditions, which are subject to various risks anduncertainties. Except for statements of historical facts, commentsthat address resource potential, upcoming work programs, geologicalinterpretations, receipt and security of mineral property titles,availability of funds, and others are forward-looking. Forward-lookingstatements are not guarantees of future performance and actual resultsmay vary materially from those statements. General business conditionsare factors that could cause actual results to vary materially fromforward-looking statements. It should be noted that results from any adjacent property(s) are notan indication of what may be found on the Company’sproperty(s).
Copyright (c) 2025 TheNewswire - All rights reserved.
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