# Grid Battery Metals Update - Drilling Completed on its Clayton Valley Lithium Project Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/grid-battery-metals-update-drilling-completed-on-its-clayton-valley-lithium-proj--28c2c391-1961-4ee1-8496-e4e5d61fb769 Original source: https://money.tmx.com/en/quote/CELL/news/6275014384308628/grid-battery-metals-update-drilling-completed-on-its-clayton-valley-lithium-proj Publisher: tmx Original announcement: 2024-10-28T11:30:00.000Z 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: Copper, Gold - Document categories: Drill results, Other - Extracted: 2026-08-24 09:04:33 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Grid Battery Metals has completed a five-hole reverse circulation drilling program at its Clayton Valley Lithium Project in Nevada. The program aimed to test the depth of lithium-bearing brines and claystones, with assay results expected in mid-to-late November 2024. Reasoning: The company completed a 5-hole RC drilling program to test lithium brine/claystone depth, but actual assay results are pending \(expected mid-late November\). - Positive factor: completion of drilling program - Positive factor: strategic location near Albemarle - Negative factor: assays not yet released - Negative factor: difficult drilling conditions Facts used in scoring: 5 ## Classification and evidence **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: The release mentions that assays are pending but does not disclose specific QA/QC protocols, lab certification, or QP sign-off for the current program. Evidence · text > We are eagerly awaiting the lithium assay results from the lab. ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Drill Results (5) ### RCV-08 [Link to this fact](https://atlas-staging.minestarters.com/news/grid-battery-metals-update-drilling-completed-on-its-clayton-valley-lithium-proj--28c2c391-1961-4ee1-8496-e4e5d61fb769#fact-drill-facts-0) Clayton Valley Lithium Project · lithium #### Identity - Hole ID: RCV-08 - Project: Clayton Valley Lithium Project - Commodity: lithium - Region: usa\_nv - Reported Region: Nevada - Ticker: CELL #### Geometry - Intercept: 1160 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: No - Interp. Status: low\_confidence - Historical: No #### Dates - Event date: 2024-10-28T00:00:00.000Z Reasoning: Hole RCV-08 was the last hole drilled to 1,160 feet but was terminated by an impenetrable zone of heavy brick red ball clay; assays are still pending. - Negative factor: assays pending - Negative factor: hole terminated by clay Evidence · text > We ended the drilling program with our last hole drilled to a depth of 1,160 feet ### Texas Springs Property \(Historical\) [Link to this fact](https://atlas-staging.minestarters.com/news/grid-battery-metals-update-drilling-completed-on-its-clayton-valley-lithium-proj--28c2c391-1961-4ee1-8496-e4e5d61fb769#fact-drill-facts-1) Texas Springs Property · lithium Historical result Needs review: ungrounded #### Identity - Hole ID: Texas Springs Property \(Historical\) - Project: Texas Springs Property - Commodity: lithium - Region: usa\_nv - Reported Region: Nevada - Ticker: CELL #### Geometry - Grade: 2010 - Grade Unit: ppm #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-01-01T00:00:00.000Z #### Dates - Event date: 2024-10-28T00:00:00.000Z Reasoning: Historical Phase 1 exploration results from 2023 reported average grades of 2010 ppm Li. - Positive factor: significant grade - Negative factor: historical data Evidence · text > Phase 1 exploration program at the Texas Springs Property \(Fall 2023\) yielded average lithium grades of 2010 ppm ### Texas Springs Property \(Historical\) [Link to this fact](https://atlas-staging.minestarters.com/news/grid-battery-metals-update-drilling-completed-on-its-clayton-valley-lithium-proj--28c2c391-1961-4ee1-8496-e4e5d61fb769#fact-drill-facts-2) Texas Springs Property · lithium Historical result Needs review: ungrounded #### Identity - Hole ID: Texas Springs Property \(Historical\) - Project: Texas Springs Property - Commodity: lithium - Region: usa\_nv - Reported Region: Nevada - Ticker: CELL #### Geometry - Grade: 5610 - Grade Unit: ppm #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-01-01T00:00:00.000Z #### Dates - Event date: 2024-10-28T00:00:00.000Z Reasoning: Historical high-grade intercept of 5,610 ppm Li reported in 2023. - Positive factor: high grade - Negative factor: historical data Evidence · text > up to 5,610 ppm Lithium ### Texas Springs Property \(Historical\) [Link to this fact](https://atlas-staging.minestarters.com/news/grid-battery-metals-update-drilling-completed-on-its-clayton-valley-lithium-proj--28c2c391-1961-4ee1-8496-e4e5d61fb769#fact-drill-facts-3) Texas Springs Property · lithium Historical result Needs review: ungrounded #### Identity - Hole ID: Texas Springs Property \(Historical\) - Project: Texas Springs Property - Commodity: lithium - Region: usa\_nv - Reported Region: Nevada - Ticker: CELL #### Geometry - Grade: 3254 - Grade Unit: ppm #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-03-29T00:00:00.000Z #### Dates - Event date: 2024-10-28T00:00:00.000Z Reasoning: Historical 2022 drilling reported average lithium content of 3254 ppm. - Positive factor: consistent grade - Negative factor: historical data Evidence · text > average lithium content within all near surface clay zones intersected in the 2022 drilling program, applying a 1000 ppm cut-off, was 3254 ppm ### Texas Springs Property \(Historical\) [Link to this fact](https://atlas-staging.minestarters.com/news/grid-battery-metals-update-drilling-completed-on-its-clayton-valley-lithium-proj--28c2c391-1961-4ee1-8496-e4e5d61fb769#fact-drill-facts-4) Texas Springs Property · lithium Historical result Needs review: ungrounded #### Identity - Hole ID: Texas Springs Property \(Historical\) - Project: Texas Springs Property - Commodity: lithium - Region: usa\_nv - Reported Region: Nevada - Ticker: CELL #### Geometry - Grade: 8070 - Grade Unit: ppm #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-09-12T00:00:00.000Z #### Dates - Event date: 2024-10-28T00:00:00.000Z Reasoning: Historical high-grade intercept of 8070 ppm Li reported in September 2023. - Positive factor: exceptional grade - Negative factor: historical data Evidence · text > higher grade lithium up to 8070 ppm on this property ## 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.