Grid Metals Corp Commences Drilling at Donner Lake Lithium Property

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[{"type":"text","content":"Grid Metals Corp Commences Drilling at Donner Lake Lithium PropertyTORONTO, ON / ACCESSWIRE / November 9, 2022 / Grid Metals Corp (TSXV:GRDM)(OTCQB:MSMGF) (the \"Company\") today provided an overview of its drilling plans for its Donner Lake Lithium Property (the \"Property\"), located in the in the Bird River Greenstone Belt of southeastern Manitoba. The first of two rigs to be utilized during the program has commenced drilling at the Property. The drill program will focus on resource delineation on two spodumene-bearing pegmatite dykes (Main and Northwest dykes) and initial exploration of several additional pegmatite targets. The property is a 75%/25% joint venture between Grid Metals Corp. and Lithium Royalty Corp.Drill Program OverviewMain Dyke. Resource delineation drilling has commenced at the Main Dyke, which is one of two well documented LCT- (lithium-cesium-tanatalum) type pegmatites on the Property. Previous drilling by Grid completed in 2018 at the Main Dyke consisted of 11 holes along a strike length of approximately 760 meters to an average depth of approximately 50 meters. The 2018 drill results returned average grades of 1.5% LiO2 over an average true widths of approximately 3 meters (see the Company's September 14, 2021 New Release for details). The current drill program will initially cover the same along strike extent but will expand coverage to a vertical depth of 250 meters. The program is targeting an average pierce point spacing of 90 meters to enable an initial NI 43-101 compliant resource estimate for the near surface portion of the Main Dyke.. In addition, drilling will test for possible along strike extensions to both the southwest and northeast that, if confirmed, will be added to the resource delineation program. Drilling is being carried out by Foraco International.Northwest Dyke. Later in the program, resource delineation drilling will also be completed at the Northwest Dyke where fifteen ( 15) exploration holes were drilled by Grid in the first quarter of 2022. The fifteen drill holes cover a strike length of 500 meters and returned intersection depths of <100 to >250 metres. The results of that program showed that the near surface part of the Northwest Dyke has an average true thickness of ~ 4 meters and an average grade of 1.3% LiO2 (see the Company's July 28, 2022 New Release for details)....

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