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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. has received regulatory approval for its option agreement with M3 Metals Corp. Surge has acquired a 50% interest in the M3M Lands by paying $500,000 and issuing 2,000,000 common shares. Surge has the potential to earn up to an 80% interest in the M3M Lands through additional cash payments, share issuances, and exploration expenditures.
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Surge Battery Metals Inc. announces certified assay results on the Nevada North Lithium Project, confirming mineralization extends 1500m to the northwest. Samples from drill hole NN2304 returned positive results ranging between 1,000 ppm to 5,670 ppm Li, with the highest grade horizon having a thickness of 29.8m and an average grade of 3,841ppm Li. Drill hole NN2303, a further 1,000m step-out, returned positive sample results ranging between 1,000 ppm to 5,120 ppm Li.
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Surge Battery Metals Inc. has entered into two mineral property purchase agreements to purchase 25% of the mineral rights to private lands in its North Nevada Lithium Project. The agreements include deposits, stock issuance, and potential royalty payments. The acquisitions solidify Surge's position in the area for future exploration and development plans.
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Surge Battery Metals Inc. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market. This milestone allows Surge to build visibility among U.S. investors. CEO Greg Reimer expresses satisfaction with the advancement.
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Surge Battery Metals Inc. announces positive assay results from drilling program at Nevada North Lithium Project, with values ranging from 1,000 ppm to 5820 ppm lithium. Highest grade zone has composite grade of 3,985 ppm Li. Composite grade of clay horizons in NN2302 is 15% higher than 2022 drillholes. Drill site location W approved for drilling. CEO anticipates assay results from other drillholes.
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Surge Battery Metals engages Kemetco Research for process testing and trials for Nevada North Lithium Project.
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Surge Battery Metals Inc. announces high lithium grades in summer drilling program at Nevada North Lithium Project
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Surge Battery Metals Inc. has retained Kautz Environmental Consultants Inc for cultural resource impacts at its Nevada North Lithium Project. Kautz will provide services including a preliminary review, field investigation, and documentation of archaeological sites. Surge also extended its Media Services Agreement with Life Water Media for three months, with a payment of US$200,000. Surge aims for sustainable development and looks forward to working with Kautz and local cultural communities.
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Surge Battery Metals expands Nevada North lithium clay deposit, increasing known area of clay horizons. Drill hole 'V' extends strike length of deposit to over 3,000 meters. Company contracts with Alford Drilling for diamond drilling. Positive potential for significant deposit expansion.
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Surge Battery Metals Inc. has received approval to upgrade to the OTCQB, providing easier access for U.S. institutions and retail investors. The OTCQB listing is anticipated to enhance liquidity and broaden the company's shareholder base.
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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
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63.26M
155.91M
5.32%
0.24%
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