02:58:04 EDT Fri 10 May 2024
Enter Symbol
or Name
USA
CA



Surge Battery Metals Inc
Symbol NILI
Shares Issued 123,294,272
Close 2023-06-21 C$ 0.58
Market Cap C$ 71,510,678
Recent Sedar Documents

Surge Battery adds 60 lode claims to Nevada North

2023-06-21 11:42 ET - News Release

Mr. Greg Reimer reports

SURGE BATTERY METALS INCREASES THE SIZE OF THE NEVADA NORTH LITHIUM PROJECT

Surge Battery Metals Inc. has recently increased the size of the Nevada North lithium project (NNLP) by staking and filing an additional 60 lode claims located to the east of its claim block. The claimholdings now total 303 mineral claims, encompassing approximately 6,060 acres, or 2,452 hectares.

Greg Reimer, chief executive officer and director, commented: "Over the last several months, Surge has completed a strategic expansion of our claimholdings to secure additional land with the potential for expansion of our lithium clay deposit. The company is planning to conduct detailed soil geochemical surveys this summer with the expectation that additional targets may be identified for follow-up drill testing."

Qualified person as defined under National Instrument 43-101

Alan J. Morris, MSc, CPG, of Spring Creek, Nev., a qualified person as defined under NI 43-101, has reviewed and approved the technical aspects of this news release.

About Surge Battery Metals Inc.

The company is a Canadian-based mineral exploration company active in the exploration for lithium in Nevada and for nickel in British Columbia. The company's primary listing is on the TSX Venture Exchange. The company's maintains a focus on exploration for high-value battery metals required for the electric vehicle (EV) market.

About the Nevada North lithium project

The company owns a 100-per-cent interest in the Nevada North lithium project and the 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-part-per-million cut-off, was 3,254 parts per million (see press release dated March 29, 2023).

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