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Grid Battery Metals Exploration Team On Site at the Volt Canyon Nevada Lithium Project

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Thu, Oct 26, 2023 02:54 PM

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Grid Battery Metals Inc. is a Canadian based exploration company whose primary listing is on the TSX

Grid Battery Metals Inc. is a Canadian based exploration company whose primary listing is on the TSX Venture Exchange ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   [Open in your browser](  [News Blast]   [Logo] ---------------------------------------------------------------   Press Release - Grid Battery Metals Exploration Team On Site at the Volt Canyon Nevada Lithium Project  Coquitlam, BC, October 26, 2023 - Grid Battery Metals Inc. (the "Company" or "Grid Battery") ([TSXV:CELL]( [OTCQB:EVKRF]( FRA:NMK2) announces that its exploration team has just visited Volt Canyon Property in Lander County, Nevada, approximately 50 kilometres west of Eureka, Nevada. 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. 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. Tim Fernback, Grid President & CEO comments "Once we receive the results from the assay lab, we will use this information and plan our next steps at Volt Canyon. This is a very exciting time for our shareholders and company. It will be great to realize the potential of this new area of Nevada for lithium that has not previously been extensively explored by others in the past." Volt Canyon Property Images and Grid Qualified Person, Mr. Seth Cude, P.G. Soil Samples (100 X 100M Grid) (Volt Canyon Lithium Project) About Rangefront Geological 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. Qualified Person Mr. Seth Cude, P.G. is a Qualified Person as defined by National Instrument 43-101 and has approved the technical information contained within this news release. About Grid Battery Metals Inc. 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. [www.gridbatterymetals.com]( About Texas Springs Property 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. 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 303 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](. About Clayton Valley Lithium Project 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. Volt Canyon Lithium Property 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. About the British Columbia, Nickel Projects 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. On Behalf of the Board of Directors "Tim Fernback" Tim Fernback, President & CEO Contact Information: Email: info@gridbatterymetals.com Phone: 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.  Click here to visit the [Grid Battery Metals Inc.]( website  --------------------------------------------------------------- The Information in a Stockhouse Publishing Ltd. Stockhouse News Blast is a paid advertisement and is for the viewers information only. The corporate information is purely and solely the responsibility of Grid Battery Metals Inc. and it is neither commented upon, researched, or in any manner the responsibility of Stockhouse Publishing Ltd., whose only function is as a supplier of media facilities. Any information provided by the advertisers of Stockhouse Publishing Ltd., through its media services, is not to be construed as a recommendation or suggestion or offer to buy or sell securities but is provided purely as an informational media service. Stockhouse Publishing Ltd. makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the reader or their financial advisor. Investing in securities is speculative and carries risk. Persons who wish to buy or sell securities should only do so at their own risk and in consultation with their registered securities advisers.  [Join The Conversation]( ---------------------------------------------------------------  [stockhouse]( Stockhouse Publishing Ltd. 1100 – 609 West Hastings Street | Vancouver | BC | V6B 4W4 | CA [Unsubscribe]( | [Manage Preferences]( [Facebook]( [Twitter]( [LinkedIn]( This email was sent to you by Stockhouse Publishing Ltd. because you consented to receive messages from us. You may manage your subscription preferences at any time. You may contact our email compliance officer at compliance@stockhouse.com Â

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