Grid Metals Corp. Announces Grassroots Nickel Sulfide Surface Discovery at Makwa

About this update from Grid Metals Corp.

[{"type":"text","content":"Grid Metals Corp. Announces Grassroots Nickel Sulfide Surface Discovery at MakwaTORONTO, ON / ACCESS Newswire / August 11, 2025 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) (\"Grid\" or the \"Company\") is pleased to provide an update at its Makwa Ni-Cu-PGE project in southeastern Manitoba where an Option and Joint Venture Agreement (the \"Agreement\") with Teck Resources Limited (\"Teck\") was announced in December 2024. The target model is a footwall-hosted Ni-Cu-PGE deposit similar to the Eagle's Nest deposit1 located in Ontario's 'Ring of Fire' mineral district. Initial exploration completed under the new option and joint venture agreement has led to the discovery of semi-massive nickel sulfide mineralization at surface (up to 1.1% nickel in grab samples, see Table 1) associated with a recently identified geophysical anomaly (\"Pavo\" or the \"Pavo Anomaly\") in a previously unexplored part of the Makwa property. The Pavo Anomaly is now a priority drill target with drilling anticipated to commence in the Fall of 2025.Dr. Dave Peck, the Company's V.P. Exploration, stated, \"The new discovery of nickel-rich magmatic massive sulfide mineralization at Pavo is significant given its location in an interpreted feeder structure to the Bird River Sill - host to most of the known Ni-Cu-PGE sulfide mineralization in the Bird River Belt. Importantly, the Pavo conductor trend is contained within a large magnetic anomaly that suggests a large volume of prospective ultramafic rocks are present in the broader target area. Our view, shared by Federal and Provincial Government geoscientists2, is that the Bird River Belt is strongly analogous to the Ring of Fire District in northwestern Ontario where a significant Ni-Cu-PGE deposit at Eagle's Nest was discovered in 2007. The potential to participate with Teck in the discovery of an Eagle's Nest-type sulfide deposit is an exciting opportunity for Grid.\"The Pavo Anomaly: A new grassroots nickel sulfide surface discovery in the footwall of the Bird River SillThe Pavo Anomaly is a shallow electromagnetic (\"EM\") conductor trend that has a strike length of approximately 600m in east-west extent that was outlined from an airborne geophysical survey completed in late 2024. The Company completed reconnaissance geology in the area and one day of field prospecting at the Pavo Anomaly (Blaze Showing) b...

More updates from Grid Metals Corp.