SURGE BATTERY METALS INC - NILIF STOCK NEWS

Surge Battery Metals is progressing on its Nevada North Lithium Project with eight drill holes being prepared for analysis. Preliminary results from drill hole NN22-01 show promising lithium concentrations, including a peak of 4,500 ppm at a depth of 10.7 m. However, assay results may be delayed by up to three weeks due to labor shortages and high sample volumes. The project holds significant lithium potential, targeting a deposit in the Granite Range. The company maintains a focus on exploration for high-value battery metals necessary for the electric vehicle market.

Surge Battery Metals has announced a renewed Corporate Advisory and Investment Banking Agreement with Network 1 Financial Securities. This partnership aims to enhance Surge's US corporate financing strategy, including future private placements and an up-listing to a senior North American stock exchange. Surge's projects focus on lithium and nickel, crucial for electric vehicle markets, and the company intends to leverage Network 1's extensive industry experience. The agreement highlights Surge's commitment to developing its mineral assets in the current favorable commodity environment.

Surge Battery Metals has expanded its claim holdings by 493 hectares, now covering 794 hectares in the Nevada North Lithium Project. This follows a comprehensive summer exploration program, involving the collection of 1,498 soil samples to identify lithium anomalies. Recent analyses show strong reproducibility in sample values, confirming significant lithium presence, with results ranging from 138 to 4940 ppm. The project targets lithium clay deposits in volcanic tuff, with historical samples indicating values exceeding 5,120 ppm. Upcoming data releases are expected to further detail these findings.

Surge Battery Metals has announced promising results from the first drill hole of an eight-hole program at the Nevada North Lithium Project in Nevada. The initial sample from drill hole NN22-01 revealed lithium concentrations ranging from 1,790 ppm to 4,500 ppm, with an average of 3,093 ppm. These findings suggest a significant lithium deposit potential in an area not previously recognized for its lithium resources. Full results are anticipated in two to three weeks, with the company expressing commitment to further exploration efforts.

Surge Battery Metals Inc. has issued a shareholder update highlighting the growing demand for electric vehicles (EV) and the subsequent surge in battery metal requirements, particularly for lithium and nickel. The company owns several promising projects in Nevada aimed at lithium extraction, with notable surface sample results. Surge is also engaged in nickel exploration adjacent to FPX Nickel Corp.'s Decar Project. The company expresses confidence in its positioning within the battery marketplace amidst favorable market conditions influenced by U.S. legislation.

Surge Battery Metals Inc. has announced the successful completion of the first stage of its CAD$440,000 exploration program on its Ni100 Nickel Project. The geological team collected 304 rock samples and conducted mapping, targeting airborne magnetic anomalies. Previous sampling in May and June yielded results with more than 2000 ppm Nickel. The company expects initial ICP analysis results in Q3, with further exploration planned for Q3 and Q4. Surge is focused on nickel and lithium exploration to support the electric vehicle market.

Surge Battery Metals has commenced drilling operations on its Nevada North Lithium Project, following approval for a 15-hole program from the BLM. The project aims to investigate areas with previously reported lithium assays reaching 5,120 ppm. The exploration area indicates a substantial extension of 1,700 meters with significant surface lithium values. Recent claim staking has expanded the project to 154 mineral claims covering approximately 794 Ha. The company remains optimistic about future results, focusing on exploring high-value battery metals for the EV market.

Surge Battery Metals has expanded its Nevada North Lithium Project by acquiring 59 new mining claims, now totaling 154 claims over approximately 794 hectares (1,926 acres). This expansion targets highly anomalous lithium values previously identified. A new sampling program yielded results showing lithium levels ranging from 29.1 ppm to 5,120 ppm, with 89 samples exceeding 1,000 ppm. The company is preparing for a 15-hole drill program approved by the BLM. Surge remains well-financed to continue exploration efforts into the fall.

Surge Battery Metals has successfully completed the first phase of its CAD$480,000 geological mapping, soil, and rock sampling survey at the HN4 Nickel Project in British Columbia. Approximately 600 soil and 190 rock samples were collected, targeting known magnetic anomalies with previous nickel values reaching 2631 ppm. The phase one budget was CAD$240,000, with results expected from assays in 4-5 weeks. Following this, a second phase will begin in July utilizing helicopter support for detailed follow-up sampling.