Grid Battery Metals Completes Phase 2 of its 2024 Clayton Valley Project 2024 Exploration Plan

Grid Battery Metals Inc.
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COQUITLAM, BC / ACCESSWIRE / June 20, 2024 / Grid Battery Metals Inc. (the "Company" or "Grid") (TSXV:CELL)(OTCQB:EVKRF)(FRA:NMK2) is pleased to announce the conclusion of a second phase of soil samples and the construction of a geologic model incorporating mapped geology, magnetotelluric (MT) geophysics, and soil geochemistry. Grid's exploration team has determined that a multilayered approach to drill targets would improve the chances of intercepting lithium bearing brines.

The initial soil sample program was completed in March 2024 and consisted of 166 samples on a 250 x 250 meter grid. The results of this program show a sizeable cluster of +300 ppm samples at the south end of the claims, and a generally northeast trending cluster of 100-300 ppm samples that extend to the north-central portion of the claims (Figure 1).

A second infill phase was completed in early May 2024 over a 125 x 125 meter grid (Figure 2) and consists of 286 samples. The objective of the infill sampling is to refine grade breaks identified in phase 1 to better focus drill targeting. Assay results are pending.

Recent Infill Soil Samples Taken (Clayton Valley Lithium Project)

Figure 1: Clayton Valley Phase 1 soil sampling results.

Figure 2: Clayton Valley infill Phase 2 soil samples.

To better understand the underlying structure of the Clayton Valley claims, 2024 MT data, and publicly available geologic maps and DEM data were incorporated into a Leapfrog model by Mr. Ben Hinkley of Rangefront Mining Services. The geologic mapping used is from a 2008 summary report of a geothermal exploration program in Clayton Valley in 2007 (Hulen, 2008). Both mapped and inferred faults were used to create fault blocks. Figure 3 shows the geologic map used, and the Grid land shape both draped on a topographic DEM.

Figure 3: A Leapfrog model with faults and fault blocks. The darked image to the right of the topographic DEM image includes the Grid land shape.

Figure 4: Oblique view of the Clayton Valley geologic model without claims on the left and with claims on the right.

Apparent resistivities and XYZ coordinates from each MT (1d and 2d) line were imported into Leapfrog as a numeric model, and isosurfaces (3d contours) were generated for various resistivities. 2D resistivities of <1 and 1-5 show the tightest structural focus to the northeast suggesting the most conductive brine is focused along the circled northeast fault (Figure 5).

Figure 5: 2D resistivity isosurfaces for <1 ohm-m on the left and 1-5 ohm-m on the right

All soil assays will be contoured as a horizontal surface and will then be draped on topography in Leapfrog. The expectation is that the soil contours and MT contours will enable the best placement of drillholes that are driven by structure, geophysics, and geochemistry.

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