Lithium is a key element in the electric vehicle and renewable energy revolution. With demand for this essential resource expected to substantially increase over the coming years, exploration for prime lithium assets has intensified in recent times. North American-focused junior mineral exploration company Grid Battery Metals Inc. (the “Company”) has positioned itself in the Nevada lithium basin looking to uncover the area’s highly prolific lithium reserves potential.
The vast Lemon Valley region of Nevada is part of Grid Battery Metals’ royalty interests, with the company recovering a 100% interest with ownership of net smelter returns royalty over the historic oil and gas leases in the area.
Lemon Valley is located at the Northwestern portion of the Clayton Valley which is known for its production of lithium carbonate from the Silver Peak lithium mine. This mine now owned by Albemarle has been in operation since 1967 and can now produce about 18,300 tonnes of lithium per annum, making it the world’s only natural producer of the material.
With current operations firmly focused on Nevada, Grid Battery Metals has created a grand view of the possibility of discovering highly prolific lithium assets in the region. The company is looking to capitalize on the vast potential of the already existing lithium resource and leverage its position for success.
Grid Battery Metals has been able to retain a 20-year-old oil and gas database which has characterized subsurface geology and enabled collections of seismic data. These evaluations have delineated multiple targets, perceptive of producing economically satisfying quantities of brines harboring high grades of lithium.
The company is eager to bring innovative methods to explore the almost dry lakebeds in an effort to initiate its exploration program in the most cost-effective way.
In addition to the Lemon Valley prospects, Grid Battery Metals also holds the Lida Basin claim package in Esmeralda County which was identified as one of the most prospective parts of the state.
The fee-based lithium exploration project looking to discover the area’s highly prolific lithium reserves has Grid Battery Metals and its shareholders feeling optimistic as the demand for lithium continues to rise. As the need for clean, renewable energy and electric vehicles increases, the company looks forward to leading the industry with its progressive strategies and advanced techniques.
Lithium is a key element in the electric vehicle and renewable energy revolution. With demand for this essential resource expected to substantially increase over the coming years, exploration for prime lithium assets has intensified in recent times. North American-focused junior mineral exploration company Grid Battery Metals Inc. (the “Company”) has positioned itself in the Nevada lithium basin looking to uncover the area’s highly prolific lithium reserves potential.
The vast Lemon Valley region of Nevada is part of Grid Battery Metals’ royalty interests, with the company recovering a 100% interest with ownership of net smelter returns royalty over the historic oil and gas leases in the area.
Lemon Valley is located at the Northwestern portion of the Clayton Valley which is known for its production of lithium carbonate from the Silver Peak lithium mine. This mine now owned by Albemarle has been in operation since 1967 and can now produce about 18,300 tonnes of lithium per annum, making it the world’s only natural producer of the material.
With current operations firmly focused on Nevada, Grid Battery Metals has created a grand view of the possibility of discovering highly prolific lithium assets in the region. The company is looking to capitalize on the vast potential of the already existing lithium resource and leverage its position for success.
Grid Battery Metals has been able to retain a 20-year-old oil and gas database which has characterized subsurface geology and enabled collections of seismic data. These evaluations have delineated multiple targets, perceptive of producing economically satisfying quantities of brines harboring high grades of lithium.
The company is eager to bring innovative methods to explore the almost dry lakebeds in an effort to initiate its exploration program in the most cost-effective way.
In addition to the Lemon Valley prospects, Grid Battery Metals also holds the Lida Basin claim package in Esmeralda County which was identified as one of the most prospective parts of the state.
The fee-based lithium exploration project looking to discover the area’s highly prolific lithium reserves has Grid Battery Metals and its shareholders feeling optimistic as the demand for lithium continues to rise. As the need for clean, renewable energy and electric vehicles increases, the company looks forward to leading the industry with its progressive strategies and advanced techniques.
