M3 Metals JV Partner Surge Announces Drilling on M3 Land
M3 Metals JV Partner Surge Announces
Drilling on M3 Land
West Vancouver, British Columbia--(Newsfile Corp. - April 4, 2024) -
M3 metals Corp. (TSXV: MT)
(OTCQB: MLGCF) (FSE: XOV) (the "Company" or "M3 Metals")
is pleased to announce its joint
venture partner Surge Battery Metals Inc. ("Surge Battery") intends to drill
M3 Metals Ground.
Surge Battery plans to drill two holes on the M3 claim blocks to partially fulfill a work commitment
provision of the earn-in agreement previously announced on October 25, 2023.
Surge Battery intends to drill four holes on claims held by Surge Battery as well as claims with its joint
venture partner M3 Metals. The drill sites shown in the figure below are tentative with the actual locations
to be determined by ground conditions, avoidance of sensitive areas on the private parcels and
permitting approval by the Bureau of Land Management on the M3 and Surge Battery claims.
Kosta Tsoutsis, CEO of M3 Metals commented, "As Surge Battery continues to drill we are excited to
see that mineralization is open to the West and potentially towards M3 Metals ground. We eagerly
anticipate what will come from this drill program and the potential impact on M3 Metals."
Drilling is scheduled to start by the end of May, 2024.
According to the news dated September 12, 2023, from Surge Battery, "The first certified analytical
results for the 2023 summer drilling program at Surge Battery Metals Inc.'s Nevada North lithium project
(NNLP) have returned multiple zones of high values ranging from 1,000 parts per million to 8,070 ppm
lithium, the highest grades for exploration to date on the Nevada North lithium project." M3 Metals
management cautions that past results or discoveries on properties in proximity to M3 Metals may not
necessarily be indicative of the presence of mineralization on the company's properties.
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.
Figure 1
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M3 Metals Corp. is a Canadian listed Company, focused on creating shareholder value through
discoveries and strategic development of mineral properties in North America.
For additional
information please visit M3 Metals website at
www.m3metalscorp.com
. You may also email
or call investor relations at (604) 669-2279.
M3 METALS CORP.
"Kosta Tsoutsis"
Kosta Tsoutsis, CEO
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, 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 Canada, 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 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 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.
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