Grid Metals Corp (TSXV: GRDM | OTCQB: MSMGF) has received exploration permits and will commence exploration drilling at its Falcon West Lithium Property located east of Winnipeg, Manitoba in Canada. The project is also around 100km south of the company’s Donner Lake lithium property.
Falcon West, with over 61,000ha and an approximate 90km strike length, is a belt scale lithium and rare metal property. The initial target area hosts high-grade lithium and cesium mineralization in historical drill core, with approximately 2,000m of drilling planned in the initial phase of the programme.
It is in the West Hawk Lake Greenstone Belt and hosted in mafic volcanics rocks present at the contact between the Wabigoon and Winnipeg River geological sub provinces. This important geological contact hosts several significant lithium deposits and occurrences including the Mavis Lake deposit.
The West Hawk Lake Greenstone Belt is the next prospective greenstone belt to the south of the Bird River Greenstone Belt that hosts the world class large Tanco Pegmatite – one of the most evolved pegmatites known globally which is home to the producing Tanco Lithium and Rare Metals Mine. As of 1983, Tanco had spodumene reserves of 7,300,00t grading 2.76% Li2O.
The drill programme will commence at the Artdon-Lucy (ADL) target area of the property, at which several historical drill programmes intersected near surface pegmatites locally containing high lithium grades that are associated with spodumene. Historical drill highlights include 12m at 2.2% Li2O and 12m at 1.8% Li2O.
Grid Metals is a company focused on its lithium properties in southeastern Manitoba. The Company has a lease agreement for the True North Gold Mill with the intention to convert the processing circuit to produce lithium spodumene concentrate and fast track its Donner Lake Lithium Project into production. The company also has a PEA stage Ni-Cu-PGM-Co project (Makwa-Mayville) in southeastern Manitoba.
For further information, please visit: www.gridmetalscorp.com
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