Best Lithium Results To Date At Nevada North Lithium Project

COQUITLAM, BC - Surge Battery Metals Inc. reported on holes NN2207 and NN2208 at the Nevada North Lithium Project in Elko County, Nevada. Hole NN2207 intersected the thickest intervals of lithium rich claystone encountered to date, a total of 120.4 meters (395 feet) averaging 3943 ppm lithium in four zones.  NN2208 had the strongest individual sample interval (5950 ppm lithium between 45 to 50 feet, 13.72 to 15.24 meters) of the maiden 2022 program.  The intercepts shown in the table below used a 1,000 ppm lithium cut off without internal dilution.  

Results from the holes extend the strike length of the mineralization to 1,620 meters from NN2205 to NN2208. Width of the mineralization is not as well determined since the holes are mostly on a north-south alignment because of topography and access but is at least 400 meters and soil anomalies indicate it is likely much more.  

The company is currently planning for the 2023 field season which will include a detailed drilling program that will commence when ground conditions allow.  During the off-season, mineralogical and spectral analysis will be applied to the 2022 drill cuttings along with in-depth reviews of surface and sub-surface geochemistry.  

Greg Reimer, President & CEO, said, “The results of our maiden drill program have returned impressive lithium values over a strike length of approximately 1,600 meters (5,315 feet). The drill results have confirmed that highly anomalous lithium values persist to depth in the silty clay unit that that appears to underlie the better soil values observed in samples collected last year and earlier this summer. Our maiden drilling program has identified significant potential for a lithium deposit in an area of northern Nevada not previously recognized for its lithium potential.”