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Grounded Lithium ( (TSE:GRD) ) has issued an announcement.
Grounded Lithium Corp. has completed its 2024 field program on the Kindersley Lithium Project and provided an update on the pre-feasibility study (PFS). The program, conducted with Denison Mines Corp., involved successful re-entry and extension of a well, extensive metallurgical testing, and depletion modeling to refine commercial confidence in the pending PFS. Key results included testing across the Duperow formation, confirming lithium concentrations and identifying additional deliverability potential. These advancements support the development of production models and infrastructure designs, enhancing GLC’s operational capabilities and strengthening its positioning within the lithium industry.
More about Grounded Lithium
Grounded Lithium Corp. (GLC) is a publicly traded company involved in lithium brine exploration and development. The company owns significant lithium carbonate equivalent mineral resources in Southwest Saskatchewan, Canada. GLC aims to consolidate, delineate, exploit, and develop its resources to become a leading environmentally responsible lithium producer, supporting the global energy transition.
YTD Price Performance: -16.67%
Average Trading Volume: 48,206
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $1.98M
For a thorough assessment of GRD stock, go to TipRanks’ Stock Analysis page.
