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NILI.V ·

Surge Battery Metals Announces Preliminary Results from its Lithium Exploration Programs in Northern Nevada

Exploration Programs

Surge Battery Metals Inc.

1220 – 789 West Pender Street

Vancouver, BC, Canada V6C 1H2

604- 428-5690

www.surgebatterymetals.com

[email protected]

Surge Battery Metals Announces Preliminary Results from its Lithium

Exploration Programs in Northern Nevada

December 31, 2021: Vancouver, BC; Surge Battery Metals Inc. (the “Company” or “Surge”)

(TSXV:NILI, OTC:NILIF, FRA:DJ5C) is pleased to announce the completion of a weather-shortened soil

sampling program on their Northern Nevada Lithium Project (NNLP) in Elko County, Nevada.

A four-person crew provided by Rangefront Exploration collected 445 samples at 100 meter and 50-

meter spacing on lines spaced 100 meters apart. The project was initially planned at 1,000 samples

but due to delays from Covid issues and crew availability, the start of full scale sampling was delayed

until November 29, 2021. Subsequent snowfall in early December and subsequent storms ended the

sampling program early for this winter season. The Company plans are to resume this exploration

program when ground conditions permit in the spring of 2022.

Initial exploration soil samples were delivered the ALS Global sample preparation facility (Elko,

Nevada) on December 20, 2021.

The soil sampling program was designed to follow up on lithium values up to 1,980 ppm Li in stream

sediments collected in the district by their Nevada-based geologist. High lithium values ( 74.8 and

780 ppm Li) in a public US Geological Survey database led the geologist to the drainage where the

follow up samples were taken. Currently, the Northern Nevada Lithium Project consists of 95

unpatented lode claims covering about 770 Ha. The geology is a series of air fall and water lain tuffs

covered by a resistant layer of welded ash flow tuff. The target for the NNLP is lithium rich claystone

or hydrothermally altered ash and ashy sediments.

Planned follow up exploration work in 2022 will be results based and includes finishing the planned

soil sampling program with geologic mapping and rock sampling leading to defining drill targets.

Alan J. Morris of Spring Creek, Nevada is the qualified person for Surge Battery Metals and has

approved the technical aspects of this news release.

Surge Battery maintains its primary listing as a Tier 2 Issuer on the TSX Venture Exchange and trades

under the symbol NILI. At the request of the Company, the OTC Markets have approved Surge Battery

to trade on the Pink Markets effective December 30, 2021 under the symbol NILIF. The Company

also is also listed in Mergent Manuals and News Reports and trades on the Frankfurt Stock Exchange

under the symbol FRA:DJ5C.

About Surge Battery Metals Inc. surgebatterymetals.com

The Company is a Canadian-based mineral exploration company active in the exploration for nickel-

iron alloy and Copper in British Columbia and lithium in Nevada whose primary listing is on the TSX

Venture Exchange. The Company's maintains a focus on exploration for high value battery metals

required for the electric vehicle (EV) market.

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Nevada Lithium Claims

The Company owns a 100% interest in 95 mineral claims located in Elko County, Nevada. The

Northern Nevada Lithium Project is located in the Granite Range about 34 line- km southeast of

Jackpot, Nevada, about 73 line-km north-northeast of Wells, Nevada. The target is a Thacker Pass or

Clayton Valley type lithium clay deposit in volcanic tuff and tuffaceous sediments of the Jarbidge

Rhyolite package. The project area was first identified in public domain stream sediment geochemical

data with follow up sediment sampling and geologic reconnaissance.

The Company has entered into a Property Option Agreement to earn an undivided 80% interest in

the San Emidio Desert Lithium Project, subject to a 2% NSR, located 60 miles Northeast of Reno,

Nevada from Lithium Corporation (OTCQB: LTUM). The San Emidio Desert Lithium Project consists

of 60 mineral claims comprising a total of 4,800 acres and is located in the San Emidio Desert.

Nickel Projects, Northern BC

The Company has entered into a Property Option Agreement to earn an undivided 80% interest in

certain mineral claims from Nickel Rock Resources Inc.

The Surge Nickel Project consists of two non-contiguous mineral claims groups consisting of 6

mineral claims in the Mount Sidney Williams area (HN4) covering 1863 hectares immediately south

of and adjacent to the Decar Project and the Mitchell Range area (N100) covering 8659 hectares,

located in Northern British Columbia. Three of the claims are subject to 2% NSR, including the (HN4

claim and the two southernmost claims of the N100 claims).

The exploration stage project is in the Trembleur Lake area of central British Columbia, partially

adjacent to FPX Nickel Corp.’s Decar Nickel Project, which is an advanced project targeting awaruite,

a nickel-iron alloy mineral, hosted by serpentinized ultramafic intrusive rocks of the Trembleur

Ultramafic Unit.

Caledonia Project, Vancouver Island, BC

The Company has entered into a Property Option Agreement to acquire a 100% interest in 7 mineral

claims including the Caledonia, Cascade and Bluebell claims, subject to a NSR between 1-2%. Located

in the Nanaimo Mining Division on northern Vancouver Island. The claims are 7 km north-west of

BHP's past producing Island Copper mine. During its prime operating period the Island Copper mine

was Canada's third-largest copper producer. The Caledonia Project claims area lies within a 50-

kilometer-long copper belt northwest of the Island Copper mine.

On Behalf of the Board of Directors

“Greg Reimer”

Greg Reimer, President & CEO

604-428-5690

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 news release

may contain forward‐looking statements which include, but are not limited to, comments that involve future

events and conditions, which are subject to various risks and uncertainties. Except for statements of historical

facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and

security of mineral property titles, availability of funds, and others are forward‐looking. Forward‐looking

statements are not guaranteeing future performance and actual results may vary materially from those

statements. General business conditions are factors that could cause actual results to vary materially from

forward‐looking statements.