Grid Metals Corp. · TSXV:GRDM
Grid Metals — Red Cloud Fall Mining Conference 2022
21 slides from Grid Metals's conference presentation, November 2022
Slide 1: Advancing Battery Metals Projects in Manitoba Canada
0 Advancing Battery Metals Projects in Manitoba Canada Investor Presentation –Red Cloud Fall Mining Conference 2022 WWW.GRIDMETALSCORP.COM | TSXV: GRDM | OTCQB:MSMGF FRANKFURT: NJF1
Slide 2: Disclaimer
1 DISCLAIMER This presentation (“Presentation”) is being issued by Grid Metals Corp. (the “Company” or “Grid ”) for information purposes only. Reliance on this Presentation for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the prop
Slide 3: Corporate Overview
Corporate Overview 2 ➢ High potential nickel and lithium assets in excellent mining jurisdiction ➢ Key assets in Manitoba include advanced PEA stage nickel-copper-PGM asset and emerging lithium discovery ➢ Makwa Mayville Ni-Cu-PGM project has ~ US$4B NI 43- 101 pit constrained Ni-Cu-PGM resources in
Slide 4: Management Team and capital structure
Management Team 3 … Grid has experienced management • Mr. Robin Dunbar | President, CEO, and Director and is well financed ➢ President of Grid Metals Corp., based in Toronto ➢ Mr. Dunbar holds an M.B.A. from Dalhousie University Ticker TSXV:GRDM Share Price ( as of Nov . 2022 ) C$0.175 ➢ Over 20 yea
Slide 5: August 2022 Strategic Financing
August 2022 Strategic Financing 4 Strategic Partners to unlock the Value of Grid Metals AMCI Group LLC “AMCI”, Primero Group “Primero”, Lithium Royalty Corp. “LRC” and Churchill Strategic Investment Group “Churchill” invested in Grid Metals to advance both the Nickel Copper PGE and Lithium developme
Slide 6: Ni-Cu-PGM and Lithium Projects – Manitoba Canada
Ni-Cu-PGM and Lithium Projects – Manitoba Canada 5 ➢ Manitoba properties are current focus of Company Manitoba Exploration Licences Ni-Cu-PGM-Co ➢ Makwa-Mayville Ni-Cu-PGM-Co and Donner Lake Lithium are 150 km from provincial capital Makwa - Mayville Project ➢ Company has drill permits and First Nat
Slide 7: Bird River Properties
Bird River Properties Makwa-Mayville ( Ni-Cu-PGM-Co) and Donner Lake ( Lithium ) 6 Dominant Land Position in Bird River Belt Overview ➢ Located in traditional territory of Sagkeeng First Nation with whom Grid has an Exploration Agreement ➢ Grid has a largest land position in the belt which is locate
Slide 8: EV Battery Demand
EV Battery Demand 7 Strong Prices and a Need for N. America Supply ➢ Industry push for North America sourced battery metals continues to accelerate ➢ Lithium prices are particularly strong ➢ August 2022 Inflation Reduction Act enables EV incentives for vehicles with N. American sourced battery raw m
Slide 9: Makwa Mayville Project Ni-Cu-PGM-Co
Makwa Mayville Project Ni-Cu-PGM-Co 8 ➢ Property consists of two open pit constrained resources with nickel copper, platinum group metals and cobalt ➢ Project was subject of preliminary economic assessment (“PEA”) in 2014 ➢ Grid now completing updated resource calculation, PEA and additional explora
Slide 10: Nickel Copper PGM Resource at Makwa Mayville
Nickel Copper PGM Resource at Makwa Mayville 9 ➢ MAKWA - Nickel dominant resource with strong • MAYVILLE – Copper + nickel resource averaging 0.74% Ni palladium credits Eq grade or 0.44% Cu and 0.18%Ni + other credits ➢ 7.2 Mt @ 0.86% Ni Eq grade or 0.61% Ni + other • Metallurgy indicates excellent
Slide 11: 2022 Drilling at Makwa Nickel
2022 Drilling at Makwa Nickel 10 07-96 6.0m @ 1.11% Ni Eq 157 12.4 m @ 1.13% Ni Eq 07-78 40.8m @ 0.96% Ni Eq incl 4.6 @ 2.28% Ni Eq 100 46.3m @ 0.69 Ni Eq incl. 7.6 @ 1.45% Ni Eq ➢ Drilling at Makwa Pit area tested the MK04 conductor (depth extension of Makwa) and MK 05 (on strike extension of Makwa
Slide 12: Mayville Property – Pit Constrained Cu-Ni-PGM Resource
Mayville Property – Pit Constrained Cu-Ni-PGM Resource 11 ➢ Mayville Deposit M2 Zone is pit constrained NI 43-101 resource drilled by Grid ➢ 2018 met work ( XPS ) indicated 11% nickel concentrate and 25-30% copper concentrate could be produced from Mayville ➢ Multiple Exploration Targets ✓ Potential
Slide 13: Manitoba Exploration Licences - Fox River West
Manitoba Exploration Licences - Fox River West: A Direct Analogue to the World Class Raglan Mining Camp 12 Lake Sediment Survey 1999 GEOTEM Survey Area Vegetation Surveys GRID METALS PROPOERTY Soil Surveys 2006 VTEM Survey Area Grid Metals Fox River West MELs ➢ Last year Grid acquired three Mineral
Slide 14: Donner Lake Lithium Property 75% Grid - 25% LRC
Donner Lake Lithium Property 75% Grid -25% LRC 13 Above: 2022 pegmatite drill core from the Northwest Dyke ➢ Historical pegmatite resource on property acquired from Tanco in 2016 (3.5 Mt @ 1.28% Li2O )* ➢ Property now a 75% Grid and 25% Lithium Royalty Corp joint venture ➢ Known pegmatites are spodu
Slide 15: Grid - Tanco Pre-Production MOU Agreement
Grid - Tanco Pre-Production MOU Agreement 14 ➢ Tanco MOU Agreement ( October 2022) covers: - ore testing at Tanco Mill - bulk sampling of Grid ore - potential toll milling of Grid ore ➢ Tanco is looking to expand resource base for ongoing production ➢ Grid looking for potential near term revenue whi
Slide 16: Donner Lake Pegmatites
Donner Lake Pegmatites Northwest Dyke and Main Dyke 15 Highlights ➢ Pegmatites at Donner Lake area are spodumene-bearing and enriched in lithium, tantalum, cesium and rubidium (LCT type) ➢ Two pegmatite dykes (Main and Northwest) have a historical, near surface resource of 3.8 million tons @ 1.28% L
Slide 17: 2022 Northwest Dyke Drilling
2022 Northwest Dyke Drilling 16 Above: Northwest Dyke drilling 2022 and key assay results Above: Northwest Dyke and other mapped LCT dykes at Donner Lake www.gridmetalscorp.com | TSXV: GRDM | FRANKFURT: NJF1 | 16
Slide 18: 2022 Northwest Dyke Drilling
2022 Northwest Dyke Drilling 17 Above: Proposed drill holes for resource drilling at Main Dyke Above: Main Dyke and other mapped LCT dykes at Donner Lake www.gridmetalscorp.com | TSXV: GRDM | FRANKFURT: NJF1 | 17
Slide 19: Donner Lake Lithium Property - Summary
Donner Lake Lithium Property - Summary 18 ➢ Tanco Agreement provides pathway to potential early cash flow from toll milling ➢ Drill results to date have outlined at least two high grade LCT dykes on the property ➢ Significant geological mapping and lithogeochemical sampling program completed during
Slide 20: Winnipeg Manitoba – A developing Battery Metals Hub
Winnipeg Manitoba – A developing Battery Metals Hub 19 ➢ Manitoba currently produces nickel concentrates and lithium concentrates which are shipped through Winnipeg ➢ Winnipeg uniquely positioned to feed battery metals to U.S. market ➢ the province is open for mining development ➢ Winnipeg has tradi
Slide 21: 2022 Poised to Unlock Value
2022 Poised to Unlock Value 20 ➢ Nickel and lithium assets are well situated in a good mining jurisdiction in North America ➢ Strategic financing will enable acceleration of Grid exploration and development projects ➢ Strong fundamentals for battery metals and US IRA means increased emphasis on sour