Core Viewpoint - Grit Metals Corp. has initiated a 2,500 m diamond drilling program at its 100% owned Central Finland Lithium Exploration Project to confirm surface anomalism with hard-rock lithium pegmatite intersections [1][6]. Group 1: Project Details - The drilling program is fully funded and will consist of approximately 25 holes across two permits: Nabba and Jylhä [6]. - The targets include Lithium-Cesium-Tantalum (LCT) type pegmatites at Kyrölä and Mörkylä, with Mörkylä located 1.5 km southeast of Keliber's Leviäkangas deposit [6]. - The completion of the drilling program is expected before the end of May 2026 [6]. Group 2: Company Background - Grit Metals Corp. focuses on lithium-cesium-tantalum pegmatites in central Finland, with exploration licenses situated within 1 km of Keliber's mine and production complex, which represents a €600 million investment by Sibanye-Stillwater Limited in partnership with Finnish Minerals Group [8]. - The Keliber complex is currently in commissioning and will include open-pit and underground mining, a central spodumene concentrator, and a lithium hydroxide plant, creating a complete hard-rock lithium supply chain in the region [8]. Group 3: Management Commentary - The CEO of Grit Metals, Jeremy Poirer, expressed satisfaction with the rapid progress of the technical team in preparing high-priority targets for drilling, highlighting the achievement of securing a drilling rig during a busy season [3]. - The company is optimistic about the upcoming results and the potential value of the Central Finland Lithium Project [3].
Grit Metals Initiates Fully Funded Drilling at High-Priority Central Finland Lithium Targets
TMX Newsfile·2026-03-23 12:00