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Grid Metals Corp. (GRDM) Drill Intercept — Strikepoint News | Strikepoint News

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Drill Results
GRDM · 2026-09-17

Drill dossier

Grid Metals Corp. (GRDM)

Li2O intercept at Mayville

Announced 2026-09-17

Company: Grid Metals Corp.
Ticker: GRDM
Property: Mayville
Metal: Li2O
Interval: 34.7–38.5 m
Width: 3.8 m
Grade: 1.56 %
Gram-metres: 5.93 g·m
Value per tonne (live spot): $175.76
Precious-metal value (nugget): $0 (0% of value)
Residual value (net, est.): $109

View technical chart Model recovery & costs Source filing (SEDAR+)

Value per tonne is the gross in-situ rock value at today's spot prices, before recovery, mining, processing, royalties, or metallurgy — recomputed live on every page load. The nugget is the share of that value from precious metals (gold, silver, platinum, palladium, rhodium). Residual value estimates the net realizable value after recovery and operating cost — it assumes 90% recovery for precious metals, 85% for base metals, and $40/t operating cost; model your own assumptions in the calculator. Informational only; read the original NI 43-101 or JORC filing before drawing conclusions.

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