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Grit Metals Begins Fully Funded Drilling at Central Finland Lithium Project

Story Highlights
  • Grit Metals has started a fully funded 2,500-metre drilling program in central Finland to test high-priority lithium-cesium-tantalum pegmatite targets near Keliber’s deposits.
  • The campaign, set to finish by May 2026, could significantly strengthen Grit’s lithium resource potential and its strategic role in Europe’s emerging battery materials supply chain.
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Grit Metals Begins Fully Funded Drilling at Central Finland Lithium Project

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Hilo Mining Ltd ( (TSE:FIN) ) has issued an announcement.

Grit Metals Corp. has launched a fully funded 2,500-metre maiden diamond drilling campaign at its 100%-owned Central Finland Lithium Exploration Project, targeting lithium-cesium-tantalum pegmatites on the Nabba and Jylhä permits. The program, expected to conclude by the end of May 2026, will test high-priority Kyrölä and Mörkylä targets, with Mörkylä located just 1.5 kilometres southeast of Keliber’s Leviäkangas deposit, underscoring the project’s positioning within an emerging European hard-rock lithium hub.

Management highlighted the rapid advancement of these targets to drill-ready status and the ability to secure a rig during a busy winter and spring season as evidence of strong technical execution. Successful drilling could materially enhance Grit’s resource potential and strategic relevance in the European battery materials supply chain, given its proximity to Keliber’s major lithium investment and the broader push to secure regional critical mineral supplies.

More about Hilo Mining Ltd

Grit Metals Corp. is a junior exploration company focused on lithium-cesium-tantalum pegmatites in central Finland. Its licences lie within one kilometre of Sibanye-Stillwater’s Keliber mine and production complex, which is being developed into an integrated hard-rock lithium supply chain including mining, concentration and lithium hydroxide production at Kokkola.

Average Trading Volume: 66,826

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$11.49M

See more data about FIN stock on TipRanks’ Stock Analysis page.

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