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Surge Battery Metals Inc., a Canadian-based mineral exploration company, is actively engaged in the Nevada North Lithium Project to secure the supply of domestic lithium. Focused on exploring clean, high-grade lithium energy metals, Surge aims to power the electric vehicles of the future. The company recently achieved a milestone in producing lithium carbonate exceeding 99% purity from clays at the project site, showcasing its technological capability and resource potential. With a strategic listing on the TSX Venture Exchange and the OTCQX Market, Surge Battery Metals is poised to drive sustainable advancements in lithium exploration, essential for the evolving electric vehicle industry.
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Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) announces high-grade lithium mineralization in Nevada North core drilling phase
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Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5C) has provided an update to shareholders regarding the successful drilling season at their Nevada North Lithium Project. The company has achieved significant milestones in 2023, including filing a permit application for their Exploration Plan of Operations.
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Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) has commenced mineral processing test work on 2023 drill samples from its high-grade lithium clay discovery at Nevada North (NNLP). The Company is working with Kemetco Research Inc. to provide bench testing on three composite samples of mineralized clay obtained from the 2023 sonic core drilling program. The goal is to determine how the mineralized material can be processed to separate the lithium from the mineralized rock and refine the conceptual flow sheet to produce a saleable product. Initial metallurgical tests have yielded favorable results. The Company has also granted a total of 2,100,000 stock options to certain directors, officers, and consultants.
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Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) has announced the acquisition of a 25% interest in mineral rights to private lands comprising approximately 880 acres within the general boundaries of the Company's NNLP Project. The acquisition involved two mineral property purchase agreements, with details of the agreements and the issuance of shares outlined in the news release.
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Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) announces successful 2023 core drilling results at Nevada North with certified assay results returning greater than 4000 ppm Lithium for some samples. The drilling program validated 2022 results and discovered additional mineralization at depth, confirming an extension of the known deposit to the west and a greater thickness of the mineralization over previously drilled zones.
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Surge Battery Metals Inc. (NILI) submits Exploration Plan of Operations and Reclamation Plan Permit Application for high-grade lithium clay discovery at Nevada North, allowing for up to 250 acres of disturbance. The approved plan will enable in-fill drilling, mineral resource area definition, expansion, economic studies, installation of groundwater wells, metallurgical testing, and geotechnical investigations. The company also completed required biological studies, a cultural inventory, and a preliminary hydrologic baseline evaluation in the 2023 field season.
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Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) reports successful 2023 sonic drilling results at the Nevada North lithium clay deposit, revealing a 100% larger mineralized area than in 2022. The program aims to confirm grades, expand known mineralization, explore below 2022 drillholes, and obtain material for metallurgical test work. The 2023 sonic program achieved the highest-grade lithium assays to date, expanded known mineralization, and revealed the presence of coarse carbonate minerals that can improve metallurgical recoveries.
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Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) announces Director and Chair, Graham Harris, purchased 500,000 shares, reinforcing confidence in long term potential. No undisclosed material changes reported.
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Surge Battery Metals Inc. reports certified assay results from hole NN2305 on the Nevada North Lithium Project, confirming high-grade mineralization starting from the surface totaling 15.2m at 3,926 ppm Li. The company's CEO will present at Benchmark Week 2023, a premier gathering for the global lithium-ion battery supply chain and the wider energy transition participants.
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Surge Battery Metals Inc. has retained Rangefront Geological to perform detailed soil sampling at Surge's Nevada North Lithium Project. The soil sampling program aims to identify potential extensions of Surge's existing high-grade lithium clay deposit. Dan Chafetz has also joined the company as Project Geologist to assist in the advancement of the project.
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FAQ
What is the current stock price of SURGE BATTERY METALS (NILIF)?
The current stock price of SURGE BATTERY METALS (NILIF) is $0.3263 as of October 15, 2024.
What is the market cap of SURGE BATTERY METALS (NILIF)?
The market cap of SURGE BATTERY METALS (NILIF) is approximately 63.3M.
What is Surge Battery Metals Inc. focused on?
Surge is actively engaged in the Nevada North Lithium Project to explore high-grade lithium energy metals.
What recent accomplishment has Surge Battery Metals Inc. achieved?
The company successfully produced lithium carbonate exceeding 99% purity from clays at the project site.
Where is the Nevada North Lithium Project located?
The project is situated in the Granite Range southeast of Jackpot, Nevada, 73 km north-northeast of Wells, Elko County, Nevada.
What is Surge Battery Metals' contribution to the electric vehicle industry?
The company plays a pivotal role in advancing lithium exploration, supporting the sustainable future of the electric vehicle industry.
What strategic listings does Surge Battery Metals hold?
Surge is listed on the TSX Venture Exchange in Canada and the OTCQX Market in the US.
SURGE BATTERY METALS INC
OTC:NILIF
NILIF Rankings
NILIF Stock Data
63.26M
155.91M
5.32%
0.24%
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United States of America
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