# Grid Battery Metals Update - Fall 2024 Drilling Results on its Clayton Valley Lithium Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/grid-battery-metals-update-fall-2024-drilling-results-on-its-clayton-valley-lith--af393581-3b85-4f96-9aa0-2454657be2ca

Original source: https://money.tmx.com/en/quote/CELL/news/6226639421341849/grid-battery-metals-update-fall-2024-drilling-results-on-its-clayton-valley-lith

Publisher: tmx

Original announcement: 2025-01-21T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Grid Battery Metals Inc.

- Ticker: CELL

- Exchange: TSX

- Region: Nevada

- Primary commodity: Lithium

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-09-19 15:43:00 UTC

Narrative sentiment: 0.30 · Bullish

## Minestarters Atlas summary

Grid Battery Metals completed a five-hole RC drilling program at its Clayton Valley Lithium Project in Nevada, testing for lithium in claystones and brines. The best intercept was 170m \(557.4 ft\) at 298 ppm Li in tuffaceous sediments from hole RCV-04.

Reasoning: The program successfully identified lithium in tuffaceous sediments near a major producer, though grades are currently in the low-ppm range rather than high-percent lithium clays.

- Positive factor: Lithium presence confirmed in tuffaceous sediments

- Positive factor: Near Albemarle's evaporation ponds

- Positive factor: QA/QC protocols and independent QP sign-off disclosed

- Negative factor: Grades are relatively low \(298 ppm Li\) compared to industry benchmarks for clay-hosted lithium

Facts used in scoring: 1

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions QA/QC standards, blanks, and field duplicates were inserted every 20 samples.

Evidence · text

> QA/QC standards, blanks, and field duplicates were inserted approximately every 20 samples.

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The project directly adjoins Albemarle's evaporation ponds and is near Century Lithium's proposed mine.

Evidence · text

> directly adjoins the western portion of lithium producer Albemarle’s \(NYSE: ALB\) evaporation ponds

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### RCV-04

[Link to this fact](https://atlas-extractions.minestarters.com/news/grid-battery-metals-update-fall-2024-drilling-results-on-its-clayton-valley-lith--af393581-3b85-4f96-9aa0-2454657be2ca#fact-drill-facts-0)

Clayton Valley · lithium

#### Identity

- Hole ID: RCV-04
- Project: Clayton Valley
- Commodity: lithium
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: CELL

#### Geometry

- Grade: 298
- Grade Unit: ppm
- Intercept: 51.816 m
- From: 24.384 m
- To: 76.2 m
- Intercept Depth: 24.384 m

#### Classification

- Sample Type: drill
- Group ID: RCV-04:24.384-76.2
- Mining Method: open\_pit

#### Location

- Location: tuffaceous sediments
- Loc. Source: document

#### QA/QC

- Laboratory: Bureau Veritas
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-01-21T00:00:00.000Z

Reasoning: A solid intercept for an exploration-stage program, though grades are low-ppm.

- Positive factor: Confirms lithium presence in target lithology

- Negative factor: Grade is low \(298 ppm\) compared to typical lithium clay targets

Evidence · text

> RCV-04 in tuffaceous sediments between 80 and 250 feet with an average of 298 ppm Li

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.