Surge Battery Metals Achieves Successful Lithium Clay Beneficiation with Nevada North Project Sample Resulting in a 25% Lithium Grade Increase
Surge Battery Metals has reported successful lithium clay beneficiation testing at its Nevada North Lithium Project, achieving a 25% increase in lithium grade while maintaining 87% lithium retention. Using a Falcon Continuous Concentrator, the company upgraded a sample from 4,105 ppm Li to 5,124 ppm Li. This advancement could significantly reduce processing costs, as leaching represents the highest-cost input in lithium recovery. The company plans to incorporate these results in their Preliminary Economic Assessment scheduled for Q1 2025, with further optimization work planned for 2025.
Surge Battery Metals ha riportato risultati positivi nei test di valorizzazione dell'argilla di litio presso il suo Progetto Litio del Nevada Settentrionale, raggiungendo un aumento del 25% nella qualità del litio mantenendo il 87% di ritenzione del litio. Utilizzando un Falcon Continuous Concentrator, l'azienda ha aggiornato un campione da 4.105 ppm Li a 5.124 ppm Li. Questo progresso potrebbe ridurre significativamente i costi di lavorazione, poiché il processo di estrazione rappresenta il costo più elevato nel recupero del litio. L'azienda prevede di incorporare questi risultati nella loro Valutazione Economica Preliminare programmata per il primo trimestre del 2025, con ulteriore lavoro di ottimizzazione previsto per il 2025.
Surge Battery Metals ha informado sobre pruebas exitosas de beneficio de arcilla de litio en su Proyecto de Litio del Norte de Nevada, logrando un incremento del 25% en la calidad del litio mientras mantiene una retención del 87% de litio. Utilizando un Falcon Continuous Concentrator, la compañía mejoró una muestra de 4,105 ppm Li a 5,124 ppm Li. Este avance podría reducir significativamente los costos de procesamiento, ya que la lixiviación representa el costo más alto en la recuperación de litio. La compañía planea incorporar estos resultados en su Evaluación Económica Preliminar programada para el primer trimestre de 2025, con más trabajo de optimización previsto para 2025.
Surge Battery Metals는 네바다 북부 리튬 프로젝트에서 성공적인 리튬 점토 beneficiation 테스트를 보고하면서 리튬 등급을 25% 증가시키면서 87%의 리튬 보유율을 유지했다고 발표했습니다. Falcon Continuous Concentrator를 사용하여 회사는 4,105 ppm Li에서 5,124 ppm Li로 샘플을 업그레이드했습니다. 이 발전은 리튬 회수에서 침출이 가장 높은 비용 요소이기 때문에 처리 비용을 상당히 줄일 수 있습니다. 회사는 2025년 1분기에 예정된 예비 경제성 평가에 이러한 결과를 포함할 계획이며, 2025년에 추가 최적화 작업을 계획하고 있습니다.
Surge Battery Metals a rapporté des résultats positifs concernant des tests de valorisation de l'argile de lithium sur son Projet de Lithium du Nevada Nord, atteignant une augmentation de 25% de la teneur en lithium tout en maintenant une rétention de 87% de lithium. En utilisant un Falcon Continuous Concentrator, la société a amélioré un échantillon de 4 105 ppm Li à 5 124 ppm Li. Cette avancée pourrait réduire de manière significative les coûts de traitement, la lixiviation représentant le coût le plus élevé de la récupération du lithium. La société prévoit d'incorporer ces résultats dans leur Évaluation Économique Préliminaire prévue pour le premier trimestre 2025, avec d'autres travaux d'optimisation prévus pour 2025.
Surge Battery Metals hat erfolgreiche Tests zur Aufbereitung von Lithium-Tonmineralien im Nord-Nevada Lithium-Projekt gemeldet und dabei einen 25%igen Anstieg des Lithium-Gehalts bei einer Beibehaltung von 87% Lithium erreicht. Mit einem Falcon Continuous Concentrator steigerte das Unternehmen eine Probe von 4.105 ppm Li auf 5.124 ppm Li. Diese Entwicklung könnte die Verarbeitungskosten erheblich senken, da die Auslaugung den höchsten Kostenfaktor bei der Lithium-Rückgewinnung darstellt. Das Unternehmen plant, diese Ergebnisse in ihre Vorläufige Wirtschaftlichkeitsuntersuchung einfließen zu lassen, die für das erste Quartal 2025 angesetzt ist, und weitere Optimierungsarbeiten für 2025 sind ebenfalls vorgesehen.
- Achieved 25% increase in lithium grade (from 4,105 ppm to 5,124 ppm)
- Maintained high lithium retention rate of 87%
- Process demonstrates potential for cost reduction in lithium recovery
- Technology shows scalability potential for future operations
- None.
West Vancouver, British Columbia--(Newsfile Corp. - October 29, 2024) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") is pleased to report that test work performed at Sepro Mineral Systems (Sepro) in conjunction with Kemetco Research, using a lab-scale Falcon Continuous (C) Concentrator, has resulted in a
Mr. Greg Reimer, Chief Executive Officer and Director, commented, "Nevada North is already home to the highest-grade lithium clay resource in the USA. The ability to economically upgrade our mineralization boosts our confidence that the NNLP could emerge as a major producer of low-cost, battery-grade lithium for the U.S. domestic battery market. We look forward to incorporating these results in our Preliminary Economic Assessment (PEA) scheduled for release in Q1 2025 which will incorporate a similar flowsheet to our closest claystone peer. As we advance towards a feasibility study, we are focused on further optimizing this critical stage of our process."
Since engaging M3 Engineering for the NNLP Preliminary Economic Assessment, Surge has continued test work on mineral processing and metallurgical techniques to increase efficiencies and reduce costs. The leaching of lithium claystones represents the highest-cost single input for the lithium recovery process. Increasing the NNLP lithium grades during mineral processing prior to leaching can reduce this cost significantly in future operations.
The Company engaged Sepro to test the effectiveness of a beneficiation process using a Falcon C Concentrator. This process, which could be incorporated into the plant design and has demonstrated potential for scalability, processes mineral slurries to reject gangue (waste) minerals thereby increasing the concentration of desirable minerals by exploiting differences in particle sizes and densities through a gravity separation-based mechanism. The Falcon C Concentrator, often utilized for the recovery of valuable fine particles such as lithium clays, was able to reject enough low-lithium-grade in the remaining high-Li mass of the sample tested to increase the grade by
Continued work and improvement of this beneficiation process is planned for 2025, including parameter optimization in addition to testing the process on various feed grades and a mine representative bulk sample.
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.
Surge Battery Metals, 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 exploring clean, high-grade lithium energy metals in Nevada, USA, a crucial element for powering the electric vehicles of tomorrow. With a primary listing on the TSX Venture Exchange in Canada and the OTCQX Market in the US, Surge Battery Metals Inc. is strategically positioned as a key player in advancing lithium exploration, contributing significantly to the sustainable future of the electric vehicle industry. At Surge Battery Metals, we are not just exploring minerals; we are pioneering the path to a cleaner and more sustainable future, driving innovation in the lithium sector, and contributing to the evolution of the electric vehicle industry.
About the Nevada North Lithium Project
The Company owns the Nevada North Lithium Project located in the Granite Range southeast of Jackpot, Nevada about 73 km north-northeast of Wells, Elko County, Nevada. The first three rounds of drilling, completed in 2022, 2023, and 2024, identified a strongly mineralized zone of lithium bearing clays occupying a strike length of more than 4,300 meters and a known width of greater than 1500 meters. Highly anomalous soil values and geophysical surveys suggest there is potential for the clay horizons to be much greater in extent, while wide drill spacing allows for significant upside to occur during infill drilling. The Nevada North Lithium Project has a pit-constrained Inferred Resource containing an estimated 8.65 Mt of Lithium Carbonate Equivalent (LCE) grading 2,951 ppm Li at a 1,250 ppm cutoff.
Keep up-to-date with Surge Battery Metals on Twitter, Facebook, LinkedIn, Instagram and YouTube.
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.
This document may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan" or "planned", "possible", "potential", "forecast", "intend", "may", "schedule" and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities including lithium and nickel, the accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals including approvals of title and mining rights or licenses and environmental, local community or indigenous community approvals, the reliability of third party information, continued access to mineral properties or infrastructure or water, changes in laws, rules and regulations including in the United States, Nevada or California or any other jurisdiction which may impact upon the Company or its properties or the commercial exploitation of those properties, currency risks including the exchange rate of USD$ for Cdn$ or other currencies, fluctuations in the market for lithium related products, changes in exploration costs and government royalties, export policies or taxes in the United States or any other jurisdiction and other factors or information. The Company's current plans, expectations, and intentions with respect to development of its business and of its Nevada properties may be impacted by economic uncertainties arising out of any pandemic or by the impact of current financial and other market conditions (including US government subsidies or incentives) on its ability to secure further financing or funding of its Nevada properties. Such statements represent the Company's current views with respect to future events and are necessarily based upon several assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, environmental (including endangered species, habitat preservation and water related risks) and social risks, contingencies, and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules, and regulations.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228123
FAQ
What lithium grade increase did Surge Battery Metals (NILIF) achieve in their recent testing?
When will Surge Battery Metals (NILIF) release their Preliminary Economic Assessment?
What technology did Surge Battery Metals (NILIF) use for lithium beneficiation?
