on Grid Metals Corp. (CVE:GRDM)
Grid Metals' Phase 2 Drilling Yields Promising Cesium and Lithium Values
Grid Metals Corp. has released findings from the Phase 2 drilling at Falcon West, highlighting significant cesium and lithium concentrations. The program aims to delineate the boundaries of the Lucy South cesium target and explore further potential. Recent results include notable cesium intercepts like 3.65 meters at 2.51% Cs2O and 1.24 meters at 2.40% Cs2O, 75 meters north of the initial target area.
The drilling also identified significant lithium concentrations, including a 6.40-meter section with 2.95% Li2O. Grid Metals is set to produce a cesium resource estimate for Lucy South, anticipated in Q3 2026, following the reception of pending assays from 17 additional holes.
The results reinforce the project's potential, amid a global shortage of cesium-bearing pollucite, highlighting the scarcity and critical nature of this resource.
R. E.
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