Expansion Of The Nevada North Lithium Project Land Package

COQUITLAM, BC - Surge Battery Metals Inc. has acquired a 100% interest in 71 additional mineral claims resulting from a recently completed staking program. The Nevada North Lithium Project now comprises 243 mineral claims with a total area footprint of approximately 1,946 hectares or 4,810 acres. The land package is 100% owned and completely free of royalties. Recently announced drill results have demonstrated the potential for a significant lithium discovery at the Nevada North Lithium Project located in Elko County about 73 Km north-northeast of Elko Nevada.

The maiden drilling program, consisting of eight widely spaced drill holes, has identified strong lithium values (up to 5950 ppm) associated with a series of stacked blue-green clay layers up to 120.4 meter or 395 feet thick. To date mineralization, as evidenced by drilling, has a strike length of approximately 1,620 meters or 5,315 feet. 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 mineralization appears to be open to further development given the dimensions of a widespread lithium soil anomaly.

Greg Reimer, President & CEO, said, "The results of our maiden drill program have returned impressive lithium values over a significant area giving rise to optimism that we may have discovered a major lithium deposit in an area of northern Nevada not previously recognized for its lithium potential. The company is now planning for the 2023 field season which will include additional drilling when ground conditions allow. Mineralogical and spectral analysis will be applied to the 2022 drill cuttings along with in-depth reviews of surface and sub-surface geochemistry as part of this phase of work."