Grid Battery Metals Begins Drilling at Clayton Valley Lithium Project Page 1

COQUITLAM, BC / ACCESSWIRE / September 12, 2024 / Grid Battery Metals Inc. (the “Company” or “Grid”)
(TSXV:CEL)(OTCQB:EVKRF)(FRA:NMK2) is pleased to announce the commencement of a reverse circular drilling program on the Company’s Silver Peak claim block in Clayton Valley, Esmeralda County, Nevada. This strategic land package, which comprises approximately 2,300 acres (930 ha), is directly adjacent to the western portion of lithium producer Albemarle’s (NYSE:ALB)
evaporation ponds and is located near Century Lithium Corp. (TSXV:LCE)(OTCQB:CYDVF) proposed 5,430-acre Angel Island Lithium Mine. The Company plans to drill multiple exploration holes to a maximum depth of 1,500 ft. at several strategic locations on the property in September.

Mr. Tim Fernback, President and CEO of the Company, commented, “Although lithium commodity prices are well below their previous highs, the Clayton Valley area is once again booming for lithium clay exploration and development. Our Clayton Valley Lithium Project is located near Albemarle Corporation’s (NYSE:ALB) Silver Peak Mine, North America’s only productive lithium brine mine. Our property is located directly west of this existing lithium production facility. Additionally, our lithium property is in close proximity to Century Lithium’s
(TSXV:LCE)(OTCQB:CYDVF) The Angel Island lithium project, which recently published a positive feasibility study describing a 40-year mine life and an after-tax net present value of 8, $3.01 billion. With our current exploration program in place, we can lay the foundation for a more significant exploration program budget and program in the future. We are excited about this opportunity in Nevada for our lithium clay project.”