Grid Metals Corp. ( TSXV;GRDM ) is a Canadian exploration development company with Ni-Cu-PGM and lithium projects located in southeastern Manitoba.
The Company is currently completing resource drilling at its Donner Lake Lithium Property where it has a MOU to pursue a toll milling arrangement with the Tanco Mine - Canada's only currently producing lithium mine.
Grids' Makwa Mayville Ni-Cu-PGM project is at the PEA stage and has two pit constrained NI 43-101 resources. The Company is well financed and has a strong technical team.
The Bird River Property is located 150 east of Winnipeg Manitoba. The company is completing resource drilling at the Donner Lake Lithium property and is initially planning a toll milling operation utlizing the Tanco Mine - Canada's only lithium producer. The Makwa Mayville Ni-Cu-PGM property hosts a sizable resource which is currently being updated.
The Donner Lake Lithium and Makwa Mayville Ni-Cu-PGM Projects are in the same location 150 km from Winnipeg. There is excellent infrastructure and Manitoba has a long history of mining.
There is an opportunity for the Donner Lake Lithium to achieve early cash flow from production through a toll milling at the nearby Tanco Mine while Grid continues to build resources for a standalone milling operation.
At Makwa Mayville Grid is looking to expand resources through acquisition and exploration and attract a signfiicant strategic investor to help move the project through feasibility.