Skip to content

Grounded Lithium Corp. (TSXV:GRD) – Notable News

September 8, 2022

Grounded Lithium Corp. (TSXV:GRD, Not Rated, Koby Kushner), a new Li-brine explorer and developer in western Canada, announced the acquisition of additional freehold mineral rights at its flagship Kindersley project in southwest Saskatchewan, through an agreement with National Trust Company. The new ground comprises 34 sections (8,838 ha), which grows the Kindersley project area by ~16%, and increases Grounded’s total land position in the region by ~14% to ~284 sections (73,259 ha). The recent Kindersley maiden resource of ~2.9 Mt LCE was defined over an area of 215 sections, and the company plans to include these newly added permits in future resource estimates. We note that Grounded has demonstrated its ability to move quickly, having grown in land position by >700% since incorporating two years ago, and we expect this trend to continue. The company has developed a targeted land acquisition criteria that prioritizes both resource growth and deliverability, with key considerations including shallow reservoir depths, thick reservoirs, and favourable geology (high porosities and permeabilities) – which we expect to translate to Li-brine resources that can be efficiently and cost-effectively brought to surface. The acquisition strategy was developed by leveraging management’s technical expertise in the province’s oil and gas sector. CEO Gregg Smith, a petroleum geophysicist by trade, is a former recipient of Saskatchewan’s “Oilman of the Year” for his accomplishments in helping to grow PetroBakken’s oil-equivalent production by >24,000% through strategic acquisitions and flow rate optimization. Other members of the team similarly share significant oil and gas experience, ranging from early-stage development to production, which we view as highly favourable given the overlapping skills required for successful Li-brine extraction from Canadian oilfields. Read more

Top Stories


Abcourt Mines Inc.
Aeris Resources Limited.
Aero Energy Ltd.
Alaska Energy Metals
Aldebaran Resources Inc.
ALX Resources Corp.
Anfield Energy Inc.
Argentina Lithium & Energy Corp.
Aris Mining Corp.
Aston Minerals Ltd.
Atco Mining Inc.
Atha Energy Corp.
Aura Energy Ltd.
Aurora Energy Metals Ltd.
Aurion Resources
Azincourt Energy Corp.
Aztec Minerals Corp.
Barton Gold Holdings Limited
Baselode Energy Corp.
Blackrock Silver Corp.
Blackwolf Copper and Gold Ltd.
Blue Sky Uranium Corp.
Bradda Head Lithium Ltd.
Brunswick Exploration Inc.
Canada Nickel Company Inc.
CanAlaska Uranium Ltd.
Canterra Minerals Corp.
Cassiar Gold Corp.
CDN Maverick Capital Corp.
Cerrado Gold Inc.
Chalice Mining Ltd.
Clean Air Metals Inc.
Cordoba Minerals Corp.
Critical Elements Lithium Corp.
Defiance Silver Corp.
Denarius Metals Corp.
E3 Lithium Ltd.
EDM Resources Inc.
Electra Battery Materials Corp.
Empress Royalty Corp.
Energy Fuels Inc.
EnviroGold Global Ltd.
Falco Resources Ltd.
Fathom Nickel Inc.
Fission Uranium Corp.
F3 Uranium Corp.
Flying Nickel Mining Corp.
Foremost Lithium Resource & Technology Ltd.
Forsys Metals Corp.
Forum Energy Metals Corp.
Galleon Gold Corp.
Global Atomic Corp.
Goldstorm Metals Corp
Goliath Resources Ltd.
GoviEx Uranium Inc.
GR Silver Mining Ltd.
Grid Metals Corp.
Grounded Lithium Corp.
Halcones Precious Metals Corp.
IsoEnergy Ltd.
Japan Gold Corp.
Karora Resources Inc.
Kesselrun Resources Ltd.
Kootenay Silver Inc.
Koryx Copper Inc.
Laramide Resources Ltd.
Latin Resources Ltd.
Libero Copper & Gold Corp.
Lotus Resources Ltd.
Lumina Gold Corp.
Mawson Gold Ltd.
MTB Metals Corp.
Murchison Minerals Ltd.
Myriad Uranium Corp.


  • All Commodities
  • Cobalt
  • Copper
  • Gold
  • Lithium
  • Nickel
  • Royalty
  • Silver
  • Uranium
  • Zinc
All Commodities
  • All Commodities
  • Cobalt
  • Copper
  • Gold
  • Lithium
  • Nickel
  • Royalty
  • Silver
  • Uranium
  • Zinc

Flying Nickel Mining Corp. (TSXV:FLYN) – Selling Minago to Key Shareholders; Focus Now on Gibellini in Nevada

Goliath Resources Ltd. (TSXV:GOT) – Second Surebet Hole Further Indicates Deep Feeder Potential

IsoEnergy Ltd. (TSX:ISO) – Divesting From Argentina To Focus on USA, Canada and Australia

Content Filters