Surge Battery Metals Engages McGinley & Associates Inc. for Hydrological Studies at the Nevada North Lithium Project
Surge Battery Metals Inc.
300-1455 Bellevue Avenue
West Vancouver, BC, Canada
V7T 1C3
778-945-2656
www.surgebatterymetals.com
Surge Battery Metals Engages McGinley & Associates Inc. for
Hydrological Studies at the Nevada North Lithium Project
May 16, 2023: West Vancouver, BC; Surge Battery Metals Inc. (the “ Company” or “Surge”) (TSXV:
NILI, OTC: NILIF, FRA: DJ5C ) is pleased to announce that the Company has retained McGinley &
Associates Inc. (McGinley) to provide Hydrologic Services to Surge Battery Metals for the Nevada
North Lithium Project (NNLP).
The NNLP is a lithium bearing claystone deposit located near Texas Spring, in the Thousand Springs
Valley Hydrographic Basin north of the community of Wells in Elko County, Nevada. The project is in
the exploration phase, with planning and permitting activitie s on -going for the next phase of
exploration drilling followed by the development of a n exploration Plan of Operation and other
permitting. McGinley has been retained to perform the scope of work as described below:
Hydrologic support during exploration drilling to coordinate geologic and exploration teams
to facilitate data collection, such as static groundwater levels, preliminary groundwater
quality sampling, and preliminary transmissivity testing.
Initial hydrologic evaluation to identify and charact erize water sources such as springs,
streams, lakes, and wells within a 5-mile radius of the NNLP.
A preliminary water supply analysis which will assist with hydrogeologic review of a water
supply plan.
Quarterly baseline monitoring workplan based on the initial hydrologic baseline evaluation.
McGinley has extensive experience executing hydrologic studies for permitting of mining projects in
Nevada. McGinley’s team of in-house hydrogeologists has the knowledge experience, expertise, and
availability to execute the hydrologic scope of work effectively and efficiently.
Mr. Greg Reimer, Chief Executive Officer, and Director commented “We are please to announce
this important contract at a point early on in our exploration season and just ahead of the second
round of drilling. Our Project is a significant new lithium discovery with a remarkably high average
for lithium content obtained in the first round of drilling. We continue to move this project forward
and this appointment is another positive step.”
Qualified Person as Defined Under National Instrument 43-101
Alan J. Morris, MSc, CPG of Spring Creek, Nevada, a Qualified Person as defined under Nation
Instrument 43-101 has reviewed and approved the technical aspects of this news release.
About Surge Battery Metals Inc.
The Company is a Canadian-based mineral exploration company active in the exploration for lithium
in Nevada and for nickel in British Columbia . Our primary listing is on the TSX Venture Excha nge.
The Company's maintains a focus on exploration for high value battery metals required for the
electric vehicle (EV) market.
About the Nevada North Lithium Project
The Company owns a 100% interest, without any royalties, in the Nevada North Lithium
Project, consisting of 243 mineral claims, located in the Granite Range southeast of Jackpot, about 73
km north-northeast of Wells, Elko County, Nevada. The first round of drilling, completed in October
2022, identified a strongly mineralized zone of lithium bearing clays occupying a strike length of
almost 1,620 meters from drillhole NN2205 in the north to drill hole NN2208 in the south. Widths of
2
the mineralized horizons are not well determined since t he holes are mostly on a north -south
alignment, however, widths are at least 400 metres, supported by highly anomalous soil values
indicating potential for the clay horizons to be much greater in extent. The potential for a significant
lithium deposit can be illustrated by the results of drillhole NN2207 which intersected the thickest
intervals of lithium-rich claystone encountered to date; a total of 120.4 metres (395 feet) averaging
3,943 ppm lithium in four zones. Additionally, drillhole NN2208 had the s trongest downhole
individual sample of 5,950 ppm lithium between 45 and 50 feet (13.72 and 15.24 metres). The
average lithium content within all near surface clay zones intersected in 2022 drilling,
applying a 1000 ppm cut-off, was 3254 ppm. (Press release March 29, 2023)
On behalf of the Board of Directors
“Greg Reimer”
Greg Reimer,
President & CEO
Contact Information
Email: [email protected]
Phone: 778-945-2656
Website: surgebatterymetals.com
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”, “believ e”, “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 ma y 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 inten d, 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.