Grit Metals Corp. is a junior mineral explorationcompany primarily focussed on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland. The Company's 100 percent owned tenements are located directly adjacent or within 15 kms of the Sibanye-Stillwater Keliber mine and production complex, currently under construction and expected to begin production in H2 2025.
The Company also has several 100 percent owned precious metals projects in the Central Lapland Greenstone Belt (“CLGB”) in Northern Finland. The CLGB hosts world-class gold (eg Kittila Deposit, owned by Agnico Eagle and Ikkari Deposit, owned by Rupert Resources) and base metal deposits (eg Kevitsa owned by Boliden and Sakatti owned by Anglo-American).
The belt's potential is also suggested by the presence of several major mining companies in the belt. The belt has very recently garnered significant interest following an offer from Rupert Resources to buy B2Gold's 70% interest in a Joint Venture between B2Gold and Aurion Resources which lies adjacent to Ruperts Ikkari Deposit, for $102 million. The joint venture ground is strategic to Ruperts proposed development of the Ikkari Deposit but is also host to numerous gold prospects along a structural corridor that extends >125 km.