Grid Battery Metals Team Provides Nevada Exploration Update for 2024
Grid Battery Metals Team Provides Nevada Exploration Update for 2024
COQUITLAM, BC / ACCESSWIRE / February 7, 2024 / Grid Battery Metals Inc. (the "Company" or "Grid Battery") (TSXV:CELL)(OTCQB:EVKRF)(FRA:NMK2) announces its plans to explore for the upcoming 2024 mineral exploration season in Nevada.
不列顛哥倫比亞省高貴林市/ACCESSWIRE/2024年2月7日/ Grid Battery Metals Inc.（“公司” 或 “電網電池”）（TSXV: CELL）（OTCQB: EVKRF）（FRA: NMK2）宣佈計劃在內華達州即將到來的2024年礦產勘探季節進行勘探。
Tim Fernback, Grid President & CEO states "Now that our team has completed the recent site visit of Clayton Valley Lithium Project in Nevada, we have a clearer understanding of what Grid needs to accomplish for the 2024 mineral exploration season. We are excited to offer a summary of what our team has determined as next steps for each of our three lithium property prospects in Nevada."
電網總裁兼首席執行官蒂姆·費爾恩巴克表示：“現在我們的團隊已經完成了最近對內華達州克萊頓谷鋰項目的實地考察，我們對電網在2024年礦產勘探季節需要完成的工作有了更清晰的了解。我們很高興總結一下我們的團隊爲內華達州的三個鋰礦產前景確定的下一步行動。”
Texas Spring Lithium Property
德州春季鋰業地產
Our team recently completed the Phase 1 exploration of the Texas Springs Property in fall 2023 which included both a CSAMT geophysical survey and a detailed soil sampling on a 50 m X 100 m spacing. Results were impressive and on-trend with the results found at the Surge Battery Metals Inc. ("Surge") (TSXV: NILI, OTC: NILIF) Nevada North Lithium Property that adjoins the Texas Spring Property to the north. Our Phase 1 Exploration results included average grades of 2010 ppm, (applying a 1,000 ppm cut-off), and up to an impressive 5,610 ppm. Lithium.
我們的團隊最近於2023年秋季完成了德州斯普林斯地產的第一階段勘探，其中包括CSAMT地球物理調查和在50 m X 100m間距上進行詳細的土壤採樣。業績令人印象深刻且符合趨勢，北部毗鄰德州斯普林地產的Surge Battery Metals Inc.（“Surge”）（多倫多證券交易所股票代碼：NILI，場外交易代碼：NILIF）的業績令人印象深刻且符合趨勢。我們的第一階段勘探結果包括 2010 ppm 的平均品位（採用了 1,000 ppm 的臨界值），以及令人印象深刻的 5,610 ppm。鋰。
Four drillholes are recommended for a Phase 1 Reverse Circulation program targeting the mineralized zones identified in surface sampling. Drilling should be advanced to the bottom of the depositional basin, characterized by a basal conglomerate above bedrock. Depths to the base of the basin will vary depending on the location of the drillhole relative to the basin structure which is not well defined. Based on limited information, basin depths are expected to range from 150m (492 ft) to 300m (984 ft).
針對地表採樣中確定的礦化區域，建議在第一階段反循環計劃中鑽四個鑽孔。鑽探應推進到沉積盆地的底部，其特徵是基岩上方的基底礫岩。盆地底部的深度將根據鑽孔相對於盆地結構的位置而有所不同，盆地結構的定義不明確。根據有限的信息，流域深度預計在150米（492英尺）至300米（984英尺）之間。
Samples should be collected for the entire length of hole and composited at regular 1.5m (5ft) intervals. Duplicates, blanks and standards should be inserted once every 20 samples (5%) for QA/QC. A four-acid aqua regia digestion analysis method is recommended for drill samples. This aggressive digestion method will sufficiently extract lithium and other elements of interest in the clays and other rocks encountered at the Project.
應採集整個孔長度的樣品，並按固定的 1.5 米（5 英尺）間隔進行合成。應每 20 個樣本（5%）插入一次副本、空白處和標準，以進行質量保證/質量控制。對於鑽孔樣品，建議使用四酸王水消化分析方法。這種積極的消化方法將充分提取項目中遇到的粘土和其他岩石中的鋰和其他有意義的元素。
Drilling should be followed up with interpretation of the results. A 3D geologic model should be made using rock chips, assay results, CSAMT data and existing geologic mapping. The CSAMT data should be used to infer continuity of changes in subsurface strata, especially between sandy and clayey interfaces. The modeling should look for correlation between mineralized clay strata along trend with other high-grade intercepts. A comparison of any identified high grade lithium zones should be made with the CSAMT data collected. If correlation between high lithium clays is and a specific range of ohms is consistently identified at depth, this correlation should be used to inform additional drill targets at the Project.
鑽探之後應解釋結果。應使用岩屑、化驗結果、CSAMT 數據和現有的地質測繪來製作三維地質模型。應使用CSAMT數據來推斷地下地層變化的連續性，尤其是沙質和粘土界面之間。建模應尋找礦化粘土地層之間的相關性以及趨勢與其他高品位截距之間的相關性。應將任何已確定的高品位鋰區與收集的CSAMT數據進行比較。如果高鋰粘土之間的相關性在深度上始終如一地確定出特定的歐姆範圍，則應使用這種關聯來爲項目的其他鑽探目標提供信息。
If Phase 1 exploration is successful, a Phase II drill program should be undertaken to refine the location size and grades of mineralized zones. As few as five (5) additional drillholes may be sufficient, however if zones of interest are identified in the far western portion of the claim block, or anywhere on the eastern half of the claim block, as many as twenty (20) drillholes may be required.
如果第一階段的勘探成功，則應進行第二階段的鑽探計劃，以改善礦化區的位置大小和等級。只要再增加五 (5) 個鑽孔就足夠了，但是，如果在索賠區塊的遠西部分或索賠區塊東半部的任何地方確定感興趣區域，則可能需要多達二十 (20) 個鑽孔。
Volt Canyon Lithium Project
伏特峽谷鋰項目
At the Volt Canyon Lithium Project, the Company contracted the services of Rangefront Geological ("Rangefront") to perform a detailed soil sampling on a 100 m X 100 m spacing as a first phase of the Company's exploration plan on site. The Company proposes to use the results of these soil samples, together with a planned second phase exploration program involving geophysical surveys of the property, to help predict geological structure and possible locations for lithium accumulation. Unfortunately, an unusually wet fall and winter has shortened the exploration season on the Volt Canyon Lithium Project, and we plan on continuing the remaining soil sampling and assay work in 2024 when the exploration season begins.
在Volt Canyon鋰項目，該公司與Rangefront Geological（“Rangefront”）簽訂了服務合同，在100 m X 100 m的間距上進行詳細的土壤採樣，這是該公司現場勘探計劃的第一階段。該公司提議使用這些土壤樣本的結果，以及計劃中的涉及該物業地球物理調查的第二階段勘探計劃，以幫助預測地質結構和可能的鋰積聚地點。不幸的是，秋季和冬季異常潮溼縮短了Volt Canyon鋰項目的勘探季節，我們計劃在2024年勘探季節開始時繼續剩餘的土壤採樣和分析工作。
Once the first two phases of this exploration program at Volt Canyon have been successfully completed, the Company will determine the next steps for its overall exploration plan. This may include, but is not limited to, a subsequent drilling program.
一旦Volt Canyon勘探計劃的前兩個階段成功完成，該公司將確定其總體勘探計劃的下一步行動。這可能包括但不限於隨後的鑽探計劃。
Soil Samples (100 X 100M Grid) (Volt Canyon Lithium Project)
土壤樣本（100 X 100M 網格）（Volt Canyon 鋰項目）
Clayton Valley Lithium Project
克萊頓谷鋰項目
Mr. Fernback states "Recently we have issued news of our site visit to the Clayton Valley Lithium Property in Esmeralda County, Nevada. This lithium project is located in Clayton Valley, Nevada adjacent to the village of Silver Peak, Nevada, about 48 km (29 miles) southwest of Tonopah, Nevada, and 273 kilometers (170 miles) southeast of Reno, Nevada.
Fernback先生說：“最近，我們發佈了對內華達州埃斯梅拉達縣克萊頓谷鋰業進行實地考察的消息。該鋰項目位於內華達州克萊頓谷，毗鄰內華達州銀峯村，位於內華達州託諾帕西南約48千米（29英里）處，內華達州里諾東南273公里（170英里）處。
At the Clayton Valley Lithium Project, the Company contracted the services of Rangefront to perform an updated and revised NI #43-101 Technical Report. The Company proposes to use the results of this Technical Report and prior soil samples, geophysical surveys, and drilling on the property, to help identify structure and target areas favorable to lithium accumulation and determine next steps for its overall exploration plan. This may include, but is not limited to, additional CSAMT geophysical survey, additional soil sampling and a subsequent exploratory drilling program on the property."
在克萊頓谷鋰項目，該公司與Rangefront簽訂了服務合同，以執行更新和修訂後的NI #43 -101技術報告。該公司提議使用本技術報告的結果以及先前的土壤樣本、地球物理調查和對該物業的鑽探，以幫助確定有利於鋰積累的結構和目標區域，並確定其總體勘探計劃的後續步驟。這可能包括但不限於額外的CSAMT地球物理調查、額外的土壤採樣以及隨後的勘探性鑽探計劃。”
Mr. Fernback has recently made additional comments in the Company's February 2, 2024 news release, and as a reminder to our shareholders, "Clayton Valley holds the only producing lithium brine system in the United States and also holds amazing potential for lithium clay-hosted deposits. Our lithium claims in Clayton Valley are bordering the Silver Peak Lithium Project of Albemarle Corporation (NYSE: ALB), home to the only producing lithium mine in North America. Another neighbour of ours to the east, Century Lithium Corp. (TSXV: LCE OTCQX: CYDVF), has issued a pre-feasibility study referencing a 26% after-tax internal rate of return and an NPV8 of $1.03 billion. It will be great to realize the potential of this area of Nevada for lithium-hosted brine and claystone for our shareholders."
Fernback先生最近在公司2024年2月2日的新聞稿中發表了更多評論，提醒我們的股東：“克萊頓谷擁有美國唯一生產鋰鹽水的系統，還擁有巨大的鋰粘土礦牀潛力。我們在克萊頓谷的鋰礦產地與雅寶公司（紐約證券交易所代碼：ALB）的銀峯鋰項目接壤，該項目是北美唯一生產鋰礦的所在地。我們在東部的另一個鄰國世紀鋰業公司（TSXV：LCE OTCQX：CYDVF）發佈了一份預可行性研究，其中提到了26％的稅後內部回報率和淨現值8 爲10.3億美元。很高興意識到內華達州這一地區爲我們的股東提供鋰基鹽水和粘土巖的潛力。”
Mr. Fernback continues "We are very excited about the upcoming 2024 Lithium Exploration Season in Nevada. We have recently completed the NI#43-101 Technical Report on our Texas Spring Lithium Project and plan on issuing the NI #43-101 Technical Report on our Clayton Valley Lithium Project, both of which will outline our subsequent exploration programs in more detail. Given that we have fully funded our 2024 Mineral Exploration Season with the cash currently held in our treasury, we are looking forward to deploying these funds to the benefit of our shareholders."
Fernback先生繼續說：“我們對內華達州即將到來的2024年鋰勘探季感到非常興奮。我們最近完成了關於德克薩斯春季鋰項目的NI #43 -101技術報告，並計劃發佈有關克萊頓谷鋰項目的NI #43 -101技術報告，這兩份報告都將更詳細地概述我們隨後的勘探計劃。鑑於我們已經用目前國庫中持有的現金爲2024年礦產勘探季節提供了全額資金，我們期待着將這些資金用於股東的利益。”
Clayton Valley Property
克萊頓谷地產
About Rangefront Geological
關於 Rangefront 地質學
Elko Nevada-based Rangefront Geological has combined in-depth expertise with cutting-edge technology to provide mining consulting services, contract labor, field crew services, and vehicular support to the mining industry. With services available across North America, Rangefront works closely with its clients to provide high-quality mineral exploration services.
總部位於內華達州埃爾科的Rangefront Geological將深厚的專業知識與尖端技術相結合，爲採礦業提供採礦諮詢服務、合同工、現場工作人員服務和車輛支持。憑藉遍佈北美的服務，Rangefront與客戶密切合作，提供高質量的礦產勘探服務。
Qualified Person
合格人員
Mr. Steven McMillin, P.G. is a Qualified Person as defined by National Instrument 43-101 and has approved the technical information contained within this news release.
根據美國國家儀器43-101的定義，P.G. Steven McMillin先生是合格人士，並已批准本新聞稿中包含的技術信息。
About Grid Battery Metals Inc.
關於格網電池金屬公司
Grid Battery Metals Inc. is a Canadian based exploration company whose primary listing is on the TSX Venture Exchange. The Company's maintains a focus on exploration for high value battery metals required for the electric vehicle (EV) market. .
Grid Battery Metals Inc. 是一家總部位於加拿大的勘探公司，主要在多倫多證券交易所風險投資交易所上市。該公司一直專注於探索電動汽車（EV）市場所需的高價值電池金屬。
About Texas Springs Property
關於德州斯普林斯房產
The Company owns a 100% interest in the Texas Spring Property which consists of mineral lode claims located in Elko County, Nevada. The Property is in the Granite Range southeast of Jackpot, Nevada, about 73 km north-northeast of Wells, Nevada. The target is a lithium clay deposit in volcanic tuff and tuffaceous sediments of the Humbolt Formation. A Phase 1 exploration program at the Texas Springs Property (Fall 2023) yielded results with average lithium grades of 2010 ppm, applying a 1,000 ppm cut-off, and up to 5,610 ppm Lithium.
該公司擁有德克薩斯斯普林地產的100％權益，該地產包括位於內華達州埃爾科縣的礦脈索賠。該物業位於內華達州傑克波特東南部的花崗岩山脈，內華達州韋爾斯東北偏北約73公里處。目標是洪堡組的火山凝灰岩和凝灰岩沉積物中的鋰粘土沉積物。德州斯普林斯地產的第一階段勘探計劃（2023年秋季）得出的結果是，鋰的平均品位爲2010年 ppm，採用了1,000ppm的臨界值，鋰的平均品位爲5,610 ppm。
The Texas Spring property adjoins the southern border of the Nevada North Lithium Project - owned by Surge Battery Metals Inc. ("Surge") (TSXV: NILI, OTC: NILIF) and comprised of 725 mineral claims. Surge's first round of drilling identified strongly mineralized lithium bearing clays. The average lithium content within all near surface clay zones intersected 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 up to 8070 ppm on this property after initial drilling (Press release September 12, 2023).Our exploration results are on-trend with these results.
德克薩斯斯普林的房產毗鄰內華達州北部鋰項目的南部邊境，該項目由Surge Battery Metals Inc.（“Surge”）（多倫多證券交易所股票代碼：NILI，場外交易代碼：NILIF）擁有，包括725份礦產索賠。Surge的第一輪鑽探發現了強礦化的含鋰粘土。2022年鑽探計劃中相交的所有近地表粘土區域的平均鋰含量爲3254 ppm，截止值爲1000 ppm。（2023年3月29日新聞稿）。最近的結果顯示，在初次鑽探後，該地產的鋰等級更高，最高可達8070 ppm（新聞稿，2023 年 9 月 12 日）。我們的勘探結果與這些結果一致。
About Clayton Valley Lithium Project
關於克萊頓谷鋰項目
The Company owns a 100% interest in 113 lithium lode and placer claims covering over 640 hectares in Clayton Valley. Clayton Valley is a down-dropped closed basin formed by the Miocene age Great Basin extension and is still active due to movement along the Walker Lane structural zone. As a result, the basin has preserved multiple layers of lithium bearing volcanic ash, resulting from multiple eruptive events over the past 6 million years including eruptions from the 700,000-year-old Long Valley Caldera system and related events. These ash layers are thought to contribute to the lithium brines extracted by Albemarle and are also likely involved in the formation of the exposed lithium rich clay deposits on the east side of Clayton Valley.
該公司擁有克萊頓谷超過640公頃的113塊鋰礦和砂礦索賠的100％權益。克萊頓谷是一個向下傾斜的封閉盆地，由中新世時代的大盆地延伸部分形成，由於沿着沃克巷結構帶移動，該盆地仍然活躍。因此，該盆地保留了多層含鋰的火山灰，這些火山灰是由過去600萬年來的多次噴發事件造成的，包括擁有70萬年曆史的長谷火山口系統的噴發和相關事件。人們認爲，這些灰層是雅寶提取的鋰鹽水的原因，也可能參與克萊頓谷東側裸露的富鋰粘土礦牀的形成。
Volt Canyon Lithium Property
Volt Canyon 鋰地產
The Company owns a 100% interest in 80 placer claims covering approximately 635 hectares of alluvial sediments and clays located 122 km northeast of Tonopah, Nevada.
該公司擁有80份砂礦索賠的100％權益，涉及位於內華達州託諾帕東北122公里處的約635公頃的沖積沉積物和粘土。
About the British Columbia, Nickel Projects
不列顛哥倫比亞省鎳礦項目簡介
The Mount Sidney Williams Group consists of three claim blocks with a total area of 10,569 hectares in the area surrounding Mount Sidney Williams, both adjoining and near the Decar project of FPX Nickel Corp., located 100 kilometres northwest of Fort St. James, B.C., in the Omineca mining division. Metallic mineralization includes nickel, cobalt, and chromium. At least some of the nickel mineralization occurs as awaruite. The Mitchell Range Group area claim consists of one claim block covering 8,659 hectares with demonstrated metallic mineralization including nickel, cobalt, and chromium. Nickel cobalt mineralization has not been well explored, but the presence of awaruite has been documented.
西德尼·威廉姆斯山集團由三個索賠區塊組成，總面積爲10,569公頃，位於西德尼·威廉姆斯山周邊地區，毗鄰位於不列顛哥倫比亞省聖詹姆斯堡西北100公里處的Omineca礦業部門的FPX Nickel Corp. 的Decar項目。金屬礦化包括鎳、鈷和鉻。至少有一部分鎳礦化是以銀礦的形式發生的。Mitchell Range Group的區域索賠由一個佔地8,659公頃的索賠區塊組成，其金屬礦化程度已得到證實，包括鎳、鈷和鉻。鎳鈷礦的礦化尚未得到很好的探索，但有記錄表明存在銀鈷礦。
On Behalf of the Board of Directors
代表董事會
"Tim Fernback"
“蒂姆·弗恩巴克”
Tim Fernback, President & CEO
蒂姆·芬巴克，總裁兼首席執行官
Contact Information:
Email: info@gridbatterymetals.com
Phone: 604- 428-5690
聯繫信息：
電子郵件：info@gridbatterymetals.com
電話：604-428-5690
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. It should be noted that results from any adjacent property(s) are not an indication of what may be found on the Company's property(s).
多倫多證券交易所風險交易所及其監管服務提供商（該術語在多倫多證券交易所風險交易所的政策中定義）均不對本新聞稿的充分性或準確性承擔責任。本新聞稿可能包含前瞻性陳述，包括但不限於涉及未來事件和狀況的評論，這些評論受各種風險和不確定性的影響。除歷史事實陳述外，有關資源潛力、即將到來的工作計劃、地質解釋、礦產所有權的獲得和保障、資金可用性等的評論都是前瞻性的。前瞻性陳述並不能保證未來的表現，實際結果可能與這些陳述存在重大差異。總體業務狀況是可能導致實際業績與前瞻性陳述存在重大差異的因素。應注意的是，任何相鄰財產的業績都不能表明公司財產上可能存在什麼。
SOURCE: Grid Battery Metals Inc.
來源：Grid Battery Metals Inc
譯文內容由第三人軟體翻譯。