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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/grid-battery-metals-update-fall-2024-drilling-results-on-its-clayton-valley-lith--66f134e2-09f6-451c-8942-b89ab33f0c72

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: 2026-08-24 08:08:18 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Grid Battery Metals has released results from its fall 2024 RC drilling program at the Clayton Valley Lithium Project in Nevada. The drilling confirmed the presence of lithium in tuffaceous sediments and brines, with the best intercept being 170m at 298 ppm Li in hole RCV-04.

Reasoning: The program successfully identified lithium in tuffaceous sediments and water, providing a basis for follow-up exploration, though grades remain below the typical high-grade clay-hosted benchmarks.

- Positive factor: lithium presence in tuffaceous sediments

- Positive factor: proximity to Albemarle evaporation ponds

- Positive factor: QA/QC protocols disclosed

- Negative factor: grades are relatively low compared to industry benchmarks \(298-741 ppm vs 800-850 ppm benchmark\)

- Negative factor: basalt thickness unknown

Facts used in scoring: 2

## 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: The 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.

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### RCV-04

[Link to this fact](https://atlas-staging.minestarters.com/news/grid-battery-metals-update-fall-2024-drilling-results-on-its-clayton-valley-lith--66f134e2-09f6-451c-8942-b89ab33f0c72#fact-drill-facts-0)

Clayton Valley Lithium Project · lithium

#### Identity

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

#### Geometry

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

#### Classification

- Sample Type: drill
- Group ID: RCV-04:24.384-76.2

#### QA/QC

- Laboratory: Bureau Veritas
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Review

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

#### Dates

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

Reasoning: Intercept of 298 ppm Li over 170 feet \(converted to 51.8m\) is the best result of the program.

- Positive factor: best drill-cutting intercept

- Negative factor: low grade relative to industry benchmarks

Evidence · text

> best drill-cutting intercept occurs in RCV-04 in tuffaceous sediments between 80 and 250 feet with an average of 298 ppm Li

### RCV-04

[Link to this fact](https://atlas-staging.minestarters.com/news/grid-battery-metals-update-fall-2024-drilling-results-on-its-clayton-valley-lith--66f134e2-09f6-451c-8942-b89ab33f0c72#fact-drill-facts-1)

Clayton Valley Lithium Project · lithium

#### Identity

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

#### Geometry

- Grade: 741
- Grade Unit: ppm

#### Classification

- Sample Type: drill
- Group ID: RCV-04:24.384-76.2

#### QA/QC

- Laboratory: Bureau Veritas
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Review

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

#### Dates

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

Reasoning: The intercept includes higher grade peaks of 741 ppm Li.

- Positive factor: high grade within intercept

Evidence · text

> includes grades to 741 ppm

## 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.