Micro Cap Lithium Miner 10 year consolidation Breakout!Tiny Micro Cap Canadian Lithium Miner that has been consolidating for 10 YEARS and is breaking out. Golden Cross, everything pointing amazing for this one... The company just purchased another plot of land today and have a strategic off take agreement with Neighbor and strategic investor Tanco Mine. No one must know this, but Management has announced they plan to use the Tanco Mine partnership to start getting profits immediately, instead of the 4 years to build their own mine, meaning profits YEARS sooner than anyone realizes.
Being in North America, this company also qualifies for the Inflation Reduction Act that will allow them to just PRINT MONEY. This is an easy 10X from here in the next few years IMO.
GRDM trade ideas
Just broke out as Nickel, lithium and palladium have skyrocketedValue of this company has quadrupled with its large deposits and drill results. It has started to move, and just broke out on 50x avg daily volume besides the last week as it ate through supply. Easy double from here but should SCREAM higher.
GRDM -- Massive Copper & Palladium intercept!Grid Metals Intersects 37.6 g/t Palladium and 21.3% Copper in Massive Sulfide Vein at East Bull Lake; Parisien Lake Zone Continues to Expand
TORONTO, ON / ACCESSWIRE / May 5, 2021 / Grid Metals Corp. (the "Company") (TSXV:GRDM)(OTCQB:MSMGF) is pleased to report new results from three additional drill holes from the Central Parisien Lake Zone at its East Bull Lake palladium property (the "Property") located near Sudbury, Ontario. Drilling hit multiple zones of palladium-dominant mineralization including a footwall copper sulfide vein containing 1.2 ounces per tonne palladium. Drilling results received over the last ten months combined with geophysical data confirm the presence of a persistently mineralized layer along the base of the East Bull Lake intrusion having the potential to host multiple, near surface palladium-rich copper-nickel sulfide deposits.
Highlights
Drillhole EBL 21-09 intersected three discrete zones of palladium-rich sulfide mineralization including a footwall copper sulfide vein which grades 37.6 g/t Pd (1.2 oz/tonne Pd), 6.68 g/t Pt and 21.3% Cu over 0.54 metres within a two metre mineralized interval averaging 10.7 g/t Pd and 5.87% Cu. Similar grades are present in footwall copper sulfide veins in major magmatic systems, globally - including both the Sudbury and Noril'sk mining camps. An offhole conductor adjacent to this vein was subsequently detected by borehole geophysics.
Drill hole EBL21-07, drilled 70 metres southeast from EBL21-09, also intersected wide zones of palladium mineralization having local higher-grade sections including 1.0 metres of 11.5 g/t Pd from 6.0 metres depth.
EBL21-08, the most northerly and westerly hole drilled in the target area, is a 350 metre step out from the main area of drilling. It intersected a narrow, higher-grade section in the Basal Layer (0.75 metres with 4.64 g/t Pd and 1.19 Pt).
The area between hole EBL21-08 in the west and holes EBL21-07 and 09 in the east is over 200 metres wide and is centered on a potential north-striking feeder fault that remains to be drilled.
Palladium mineralization continues to be associated with an extensive, inclusion-rich gabbro layer that blankets the base of the East Bull Lake intrusion, herein referred to as the "Basal Layer." The Company is now confident in its ability to predict the position of the Basal Layer to depths exceeding several hundred metres across the entire >20 km strike length of the property using a combination of resistivity, conductivity and magnetic survey data.