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Surge Battery Metals Engages Kemetco for Advanced Prefeasibility Metallurgical Testing at the Nevada North Lithium Project

Metallurgy & Processing

Surge Battery Metals Engages Kemetco for

Advanced Prefeasibility Metallurgical Testing

at the Nevada North Lithium Project

West Vancouver, British Columbia--(Newsfile Corp. - April 1, 2026) - Surge Battery Metals Inc. (TSXV:

NILI) (OTCQX: NILIF) (FSE: DJ5) (the "

Company

" or "

Surge

") is pleased to announce that Nevada

North Lithium LLC ("NNL"), the joint venture formed by Surge and Evolution Mining Limited ("Evolution"),

has commenced an advanced metallurgical optimization program with Kemetco Research Inc.

("Kemetco") to support the ongoing Pre-Feasibility Study (PFS) for the Company's flagship, high-grade

Nevada North Lithium Project (NNLP) located in Elko County, Nevada.

This comprehensive testing program utilizes a Master Composite sample—representing the first 10

years of mine life—designed in direct collaboration with Fluor Corporation ("Fluor"), the lead engineering

firm for the PFS. The primary objective is to validate and optimize the specific Process Design Criteria

(PDC) and Heat and Mass Balance (HMB) models currently being engineered by Fluor.

Strategic Continuity and Engineering Alignment

Kemetco's familiarity with the NNLP mineralization and hydrometallurgy flow sheets qualify them as the

premier choice for this phase of de-risking. Having successfully executed the foundational metallurgical

testing for the Company's Preliminary Economic Assessment dated May 19, 2025 (PEA), Kemetco

provides necessary continuity. Their historical data and hands-on experience with the NNLP claystone

ensure that this optimization phase will be executed efficiently, bridging the gap between bench-scale

data and Fluor's commercial-scale plant design.

Key Technical Highlights of the PFS Test Program:

Flowsheet Optimization:

Comprehensive testing across the entire proposed flowsheet,

including, sulfuric acid leaching, neutralization, and Counter-Current Decantation (CCD).

Impurity Removal & ZLD Integration:

Advanced testing of the impurity removal circuits to

validate reagent consumption (such as lime and soda ash) and the simulation of the Zero Liquid

Discharge (ZLD) circuit, a critical component of Surge's water conservation strategy.

Product Validation:

Precipitation and crystallization testing to confirm the efficient production of

high-purity lithium carbonate.

Byproduct Evaluation (Cesium & Rubidium):

The program will strictly monitor the deportment

of Cesium (Cs) and Rubidium (Rb) throughout the leaching and purification phases to assess the

economic viability of recovering these high-value specialty metals as project by-products.

Mr. Greg Reimer, President & Chief Executive Officer and Director of Surge, commented,

"We

are very pleased to be working with Kemetco again. By pairing their intimate understanding of our

Nevada North deposit with Fluor's commercial engineering capabilities, we are combining the

necessary expertise to complete the test work and lock in our optimized flowsheet. This will support our

fully funded joint ventured Pre-Feasibility Study."

Qualified Person:

Alan J. Morris, MSc, CPG of Spring Creek, Nevada, Geological Advisor to the Company, and 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 Inc., 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 development of high-grade lithium energy metals in Nevada, USA, a crucial element

for powering battery electric storage and electric vehicles. With a primary listing on the TSX Venture

Exchange in Canada and a listing on the OTCQX Market in the USA, Surge Battery Metals Inc. is

strategically positioned as a key player in advancing lithium exploration.

About Evolution Mining Limited

Evolution Mining is a leading, globally relevant gold miner. Evolution operates six mines, comprising five

wholly-owned mines – Cowal in New South Wales, Ernest Henry and Mt Rawdon in Queensland,

Mungari in Western Australia, and Red Lake in Ontario, Canada, and an 80% share in Northparkes in

New South Wales.

About Nevada North Lithium LLC

Nevada North Lithium LLC, jointly owned by Surge Battery Metals Inc (72.5%) and Evolution Mining

Limited (27.5%), owns the Nevada North Lithium Project southeast of Jackpot, Nevada about 73 km

north-northeast of Wells, Elko County. The first three rounds of drilling at the project 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 1,500 meters. Highly anomalous soil values and geophysical surveys

suggest there is potential for the clay horizons to be much greater in extent. As disclosed in the

Company's Preliminary Economic Assessment dated May 19, 2025 (PEA), completed jointly by M3

Engineering & Technology Corp. and Independent Mining Consultants (see the Company's news release

dated July 24, 2025 for further information respecting the PEA), the Nevada North Lithium Project has a

pit-constrained Inferred Resource containing an estimated 11.24 Mt of Lithium Carbonate Equivalent

(LCE) grading 3010 ppm Li at a 1,250-ppm cutoff. The PEA reported an after-tax NPV8% US $9.17

Billion and after-tax IRR of 22.8% at $24,000/t LCE and an OPEX of US $5,243/t LCE.

On behalf of the Board of Directors

"Greg Reimer"

Greg Reimer,

Director, President & CEO

Contact Information

Email:

[email protected]

Phone: 604-662-8184

Website:

surgebatterymetals.com

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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/290730