Grid Metals Corp. Announces Drilling Updates and Participation in PDAC 2024

TORONTO, ON, March 1, 2024 – Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) is set to partake in the Prospectors & Developers Association of Canada's Convention (PDAC) from March 3 to March 6, 2024, at the Metro Toronto Convention Centre. At the same time, the company provided an update on its ongoing drill programs at the Donner Lake Lithium Project and the Falcon West Lithium Project, commenced in January 2024.

Efforts at Donner Lake include the drilling of 20 holes targeting the upgrade of inferred resources to the indicated category and expanding the Main Dyke below current resources. Meanwhile, Falcon West's drilling focuses on extending mineralized zones and defining new mineralization at the Lucy and ArtDon targets. Results from these drill programs will be announced as they become available.

Additionally, Grid Metals is nearing the final stages of obtaining an Advanced Exploration Permit for Donner Lake, which would allow for site clearing and initial infrastructure construction. The company is also pursuing a $2 million funding application with the Canadian Federal Government's Critical Minerals Infrastructure Fund to support its Manitoba lithium projects. Grid Metals has further completed the acquisition of the Alan 1 and Alan 2 claims, integral to the Falcon West Lithium Project, through the issue of 50,000 common shares.

At the PDAC 2024, Grid Metals invites attendees to visit its booth and attend its corporate presentation, highlighting its advanced exploration projects and corporate strategy.