Mr. Greg Reimer reports
SURGE ANNOUNCES GLOBAL ENGINEERING LEADER FLUOR CORPORATION TO LEAD PRE-FEASIBILITY STUDY AT NEVADA NORTH LITHIUM PROJECT
Nevada North Lithium LLC, the joint venture formed by Surge Battery Metals Inc. and Evolution Mining Ltd., has selected Fluor Enterprises Inc. as the lead engineering firm to lead the prefeasibility study at its flagship Nevada North lithium project.
The selection of Fluor, one of the world's premier engineering, procurement and construction management firms, marks a pivotal transition for Surge from exploration into the development phase. Fluor's engagement aligns the high-grade potential of the Nevada North discovery with a globally recognized execution partner capable of delivering a bankable study and, ultimately, a commercially operating mine.
Key highlights:
- Tier 1 validation: Fluor's involvement validates the scale and potential of the NNLP, bringing Fortune 500 rigour to the project's design and economics.
- Execution focus: Unlike some consulting firms, Fluor is a builder. Its scope focuses on constructability, ensuring the PFS is not just a theoretical study but a road map to production.
- Integrated team: Fluor will lead a consortium of specialized technical partners -- including Kemetco Research (metallurgy), IMC (mining), and Call & Nicholas (geotech), many of which were instrumental in the company's successful preliminary economic assessment for the NNLP.
The company anticipates the delivery of the PFS in fourth quarter 2026, positioning NNL to make a rapid transition to a direct feasibility study and achieving permitting milestones.
Greg Reimer, chief executive officer and director of Surge, commented: "Selecting Fluor as lead engineer for the NNLP's prefeasibility study is an important step in advancing one of the most significant lithium clay assets in the United States. Fluor's track record of delivering large-scale critical minerals projects, including lithium developments in North America, gives us a high level of confidence in derisking our project design, capital estimates and execution pathway. Building on the robust economics outlined in our recent PEA, a partnership with a Tier 1 engineering firm underscores our commitment to developing Nevada North as a long-life and low-cost source of domestic battery-grade lithium for the USA."
Surge Battery is pleased to announce the appointment of Tu Lieu as chief financial officer. Mr. Lieu brings nearly 20 years of experience in accounting and finance. He began his career in the mid-2000s and obtained his CPA designation in 2015. Throughout his career, Mr. Lieu has held roles including financial planning and analysis manager and financial controller, and has developed expertise in financial reporting, budgeting, finance and cash flow management, audits, and compliance with accounting standards. Mr. Lieu transitioned his careen to the resource industry and has most recently held the position of vice-president of finance at Surge and Nevada North.
The company would like to thank Mr. Jensen for his contributions and wishes him all the best in the future.
About Surge Battery Metals Inc.
Surge Battery, a Canadian-based mineral exploration company, is at the forefront of securing the supply of domestic lithium through its active engagement in the Nevada North lithium project. The project focuses on development of high-grade lithium energy metals in Nevada, United States, a crucial element for powering battery electric storage and electric vehicles. With a primary listing on the TSX Venture Exchange in Canada and the OTCQX market in the United States, Surge Battery is strategically positioned as a key player in advancing lithium exploration.
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