on Grid Metals Corp. (CVE:GRDM)
Grid Metals Updates Progress on Makwa Nickel-Copper-PGE Project
Grid Metals Corp. has provided a detailed update on its Makwa Nickel-Copper-PGE project in Manitoba, following its agreement with Teck Resources Limited. Teck has invested over $2 million to date, targeting a 70% interest through total expenditures of $15.7 million and cash payments of $1.6 million.
Drilling results from Q4 2025 at the Pavo Anomaly revealed narrow intervals of magmatic sulphide mineralization over a 250-meter strike. A deeper electromagnetic anomaly remains untested and could yield higher nickel tenors.
A Q1 2026 ground EM survey over the Ore Fault deposit has modeled significant new anomalies, hinting at the potential for finding high-grade nickel sulphide mineralization. Pending decisions about future drilling at Pavo Deep and Ore Fault highlight the strategic exploration potential of Makwa.
R. E.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Grid Metals Corp. news