Grid Metals Corp. ( TSXV:GRDM OTCQB:MSMGF) is an exploration and development company focused on nickel and lithium properties in Manitoba Canada. The Company has approximately $14 million in working capital. The company has a strong technical team and recently attracted investment from a range of industry institutions with the raise led out of Perth Australia.
The most advanced project is the PEA stage Makwa Mayville Ni-Cu-PGM-Co project which has a NI-43-101 resource outlined in two pit constrained resources. Grid is currently updating the PEA and at the same time commencing additional exploration for additonal resources to enhance the project. The company has several other earlier stage exploration properties in Manitoba.
Adjacent to the Makwa Mayville Project is the Donner Lake Lithium Property which is owned 75% Grid and 25% by Lithium Royalty Corp. The Company is commencing resource drilling at Donner Lake which is located next to the Tanco Mine, Canada's only producing lithium mine.
Grid will be focused on building resources and moving its projects through feasibility as southeastern Manitoba becomes a hub for North American critical metals supply.