GRID METALS CORP. ( formerly Mustang Minerals Corp. ) is focused on exploration and development of high demand battery metals used in the automotive sector including the growing electric vehicle battery sector and grid storage network. Grid has a diversified portfolio of high potential projects in secure North American mining jurisdictions near quality infrastructure. With the price of palladium rising in recent months the Company is currently focused on exploration at its East Bull Lake Palladium property. Grid recently added Dr. Dave Peck to head up exploration. Dr. Peck is one of the leading PGE- Nickel geoscientist in North America.
The East Bull Lake Palladium Project is located 80 km west of Sudbury Ontario. The Property covers 80% of the ~20km x ~ 4 km layered East Bull Lake Intrusion. The Property hosts different styles of PGM mineralization including “Contact Style” mineralization which occurs along the south margin. No systematic exploration for PGM has occurred since 2002 when the Property was the subject of a joint venture funded by Falconbridge Limited.
The Makwa Mayville Nickel Cobalt PGE Project is located 145 km northeast of Winnipeg Manitoba. A NI 43-101 PEA has been completed on the project which also has significant platinum group metals credits. The project design is a conventional open pit mining operation with an onsite concentrator to produce separate nickel and copper concentrates. The project has significant cobalt and PGE credits.
The Bannockburn Nickel Project is located near Matchewan Ontario south of Timmins. The property was optioned from Outokumpu Mining and is subject only to a 2% NSR. Bannockburn hosts several zones of high grade nickel hosted in massive sulfides including the “C” Zone which outcrops. A mineralized dunite unit with potential for large bulk tonnage has been identified in several drill holes.