Grid Battery Metals Inc. announced the completed geophysics results from the first phase of its fall exploration program at its Texas Springs Property near Elko Nevada. Texas Spring Nevada Lithium Property. Phase 1 Exploration Program Recap.

At the Texas Springs Lithium Project, the Company contracted the services of Rangefront Geological ("Rangefront") to perform both a detailed soil sampling on a 50 m X 100 m spacing and to oversee a CSAMT geophysical survey performed by KLM Geoscience. The CSAMT survey is a method for obtaining information about subsurface resistivity and geology, which can help predict geological structure and interfaces of potentially lithium bearing geologic units, while the detailed surface sampling will allow to determine lithium values at surface. Grid Battery Metals Inc. 3028 Quadra Court.

Coquitlam, BC, V3B 5X6. 604- 428-5690. Together these geological techniques should help predict geological structure and possible locations of historic lithium accumulation.

This is part of a methodical and systematic approach to high quality mineral exploration for this highly sought after metal in Nevada and will assist the Company in determining next steps for the overall exploration plan, including but not limited to a subsequent drilling program. Soil Sample Grid Completed. CSAMT Geophysical Survey Results.

While the results from the associated soil sampling program are expected next week once geological team completes their review of the data, the results from the CSAMT geophysical survey are as follows: Mr. Seth Cude, P.G., Grid's Qualified Person comments on the results of the program. The CSAMT survey shows several near horizontal to gently dipping subsurface horizons which may have served as paleo accumulation basins, collecting lithium bearing clays.Tieng these subsurface structures to the surface soil analysis will provide excellent drilling targets. Geophysical surveys and soil sampling is part of a methodical & systematic approach to high quality mineral Exploration for claystone lithium deposits in Nevada and will allow to select drill targets for subsequent exploration programs in the future.

Of note, the Texas Springs Lithium Property adjoins the southern border of the Nevada North Lithium Project - owned by Surge Battery Metals Inc. ("Surge"). Surge's first round of drilling identified strongly mineralized lithium bearing clays. The average lithium content within all near surface clay zones intersected in the 2022 drilling program, applying a 1,000 ppm cut-off, was 3254 ppm.

On September 12, 2023, Surge announced some results of its most recent drilling program at this property, and recorded its highest grades to date, with up to 8,070 ppm Lithium on the Northern Nevada Lithium project. These results were followed up on December 5, 2023 with a subsequent drill program yielding core drilling intercepts with assays over 7,630 ppm and multiple horizons upon deeper drilling performed. Elko Nevada-based Rangefront Geological has combined in-depth expertise with cutting-edge technology to provide mining consulting services, contract labor, field crew services, and vehicular support to the mining industry.

With services available across North America, Rangefront works closely with its clients to provide high-quality mineral exploration services. Qualified Person. Mr. Seth Cude, p.G. is a Qualified Person as defined by National Instrument 43-101 and has approved the technical information contained within this news release.