Northwire Canada EditionMonday, October 26, 2026
Northwire
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Gold 4,031.40 +0.6% Silver 54.21 +0.5% Copper 6.54 +0.6% Oil 102.67 −0.6% Palladium 1,057.00 +0.5% COCO 0.350 +16.7% TRAN 0.035 +0.0% FWZ 2.42 +4.8% ELBM 0.650 +0.0% TXG 67.75 +0.9% ARIS 21.89 +1.2% RUA 1.19 +1.7% LUG 85.05 +0.6% KNT 25.49 +3.2% ELO 1.27 −2.3% LOD 0.240 +0.0% CPER 0.030 +0.0% OPW 0.150 +7.1% LITH 0.275 −1.8% PUMA 0.110 +0.0% EDCU 0.380 +0.0% Gold 4,031.40 +0.6% Silver 54.21 +0.5% Copper 6.54 +0.6% Oil 102.67 −0.6% Palladium 1,057.00 +0.5% COCO 0.350 +16.7% TRAN 0.035 +0.0% FWZ 2.42 +4.8% ELBM 0.650 +0.0% TXG 67.75 +0.9% ARIS 21.89 +1.2% RUA 1.19 +1.7% LUG 85.05 +0.6% KNT 25.49 +3.2% ELO 1.27 −2.3% LOD 0.240 +0.0% CPER 0.030 +0.0% OPW 0.150 +7.1% LITH 0.275 −1.8% PUMA 0.110 +0.0% EDCU 0.380 +0.0%
Drill Results

Grit completes exploration review at Central Finland

FIN · Price

Executive Summary

  • Grit Metals Corp. has completed a strategic technical review of its Central Finland lithium exploration project, identifying and refining high-priority drill targets for an upcoming maiden diamond drilling program.
  • The company is preparing to commence drilling in late Q1 through early Q2 2026, targeting lithium-cesium-tantalum (LCT) pegmatites at the Kyrola and Morkyla prospects.
  • The exploration portfolio is strategically located within the Kaustinen lithium district, with key targets situated as close as 1.5 km from Sibanye-Stillwater’s Keliber JV ground, leveraging proximity to active infrastructure and development.

Key Details

  • Drilling Program: Maiden diamond drilling program is scheduled to start late Q1 to early Q2, targeting at least two grassroots prospects.
  • Kyrola Target (Nabba Permit): Identified as a priority drill target; comprises an ~850m x 110m transported boulder anomaly with a coherent geochemical trend. An interpreted up-ice pegmatite source is located ~300-500m northwest.
  • Morkyla Target (Jylha Permit): Located ~1.5 km southwest of the Leviakangas lithium deposit (0.47 Mt at 0.70% Li2O). A 275m boulder trend containing coarse spodumene has been defined and is scheduled for drilling.
  • Additional Jylha Targets: Spodumene-bearing boulder trends identified at Jylha North, with emerging targets at Jylha South and Southwest.
  • Tastula Permit: Located ~4 km northeast of the Lantta deposit (1.33 Mt at 1.20% Li2O). Early-stage coarse-grained spodumene boulder clusters identified at Tastula North.
  • Emmes Permit: A 4,071-hectare landholding north of Jylha remains underexplored, offering additional regional exploration potential.
  • Strategic Context: Targets are within the Kaustinen lithium district, close to Sibanye-Stillwater’s Keliber project (a $600M investment in commissioning), providing access to established infrastructure and operators.
  • Management Changes: The review followed the appointment of a new vice-president of exploration and a new technical advisory board (disclosed Dec. 4, 2025).
  • Qualified Person: Jake Clark, RPGeo, vice-president of exploration, has reviewed and approved the technical content.

Notable Quotes

  • No direct quotes from the CEO or President were included in the provided text.
Read the original news release →

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