Surge Battery Metals Increases the Size of the Nevada North Lithium Project

June 21, 2023
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Surge Battery Metals Inc.

TSXV: NILI | OTC: NILIF | FRA: DJ5C
by James Hyland, MiningIR

Surge Battery Metals Inc. is pleased to announce that the Company 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 claim holdings now total 303 mineral claims, encompassing approximately 6060 acres or 2,452 hectares.

Mr. Greg Reimer, Chief Executive Officer, and Director commented “Over the last several months Surge has completed a strategic expansion of our claim holdings 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.”

Mr. Greg Reimer, Chief Executive Officer, and Director

The Nevada North Lithium Project is located in Elko County, Nevada, where the Company owns 100% interest in 243 mineral claims. Situated in the Granite Range, the project is approximately 40km southeast of Jackpot and 73km north-northeast of Wells, Nevada. The project’s goal is to identify a Thacker Pass or Clayton Valley type lithium clay deposit in volcanic tuff and tuffaceous sediments.

Nevada North Lithium Project

Initial surveying of the project area utilized public domain stream sediment geochemical data, which revealed significant lithium content ranging from 29.1 ppm to 5,120 ppm. Follow-up soil sampling identified multiple highly anomalous zones, of which 101 samples carried greater than 1,000 ppm Lithium out of the total 1026 samples obtained.

The current main soil lithium anomaly extends approximately 2,300 meters north-south by about 500 meters wide, with three other significant soil anomalies also outlined in this program. An eight-hole, 776-meter, scout drilling program confirmed significant lithium values continued at depth. The best hole (NN2207) cut four zones of > 1,000 ppm Li averaging 3,943 ppm Li over a total of 120 meters.

The complete assay results for all eight drill holes have been received, revealing that of the 508 drill samples obtained at 1.52m or 5ft intervals, 274 samples carried 1,000 ppm Li or greater. These findings demonstrate significant potential for the Nevada North Lithium Project, highlighting the Company’s commitment to the development of sustainable lithium resources.

Qualified Person as Defined Under National Instrument 43-101

Alan J. Morris, MSc, CPG of Spring Creek, Nevada, a Qualified Person as defined under National Instrument 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. Our 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% 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 1000 ppm cut-off, was 3254 ppm. (Press release March 29, 2023).

On behalf of the Board of Directors

“Greg Reimer”

Greg Reimer,
President & CEO

Contact Information

Email: info@surgebatterymetals.com
Phone: 778-945-2656

Website: surgebatterymetals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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MiningIR hosts a variety of articles from a range of sources. Our content, while interesting, should not be considered as formal financial advice. Always seek professional guidance and consult a range of sources before investing.
James Hyland, MiningIR
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