Grid Metals is focused on exploration and development in southeastern Manitoba with three key projects in the Bird River area.
- The Makwa Property (Ni-Cu-PGM-Co), which is subject to an Option and Joint Venture Agreement with Teck Resources Limited (“Teck”). Teck can earn up to a 70% interest in Makwa by incurring a total of $17.3 million, comprising project expenditures ($15.7 million) and cash payments or equity participation ($1.6 million) with Grid. Makwa is located on the south arm of the Bird River Greenstone Belt.
- The Mayville Property (Cu-Ni) is located on the north arm of the Bird River Greenstone Belt. Grid owns 100% of the Mayville Property subject to a minority interest. The Company is currently drilling at Mayville.
- The Donner Lithium Project is adjacent to the Mayville Property, and Grid owns 75% of the project.
All of the Company's southeastern Manitoba projects are located on the Traditional Lands of the Sagkeeng First Nation with whom the Company maintains an Exploration Agreement.
