Surge Battery Metals Expands the Nevada North Lithium Project Land Package
Surge Battery Metals Inc.
3028 Quadra Court
Coquitlam, BC, Canada V3B 5X6
778-945-2656
www.surgebatterymetals.com
Surge Battery Metals Expands the
Nevada North Lithium Project Land Package
Tuesday, January 10, 2023: Coquitlam, BC; Surge Battery Metals Inc. (the “Company” or “Surge”) (TSXV:
NILI, OTCPink: NILIF, FRA: DJ5C) is pleased to report that the Company 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 (see News Release dated Jan. 3, 2023 )News Release dated Jan 3, 2023)
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 shown on the accompanying map.
Mr. Greg Reimer, Company President & CEO states: “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.”
Qualified Person as Defined Under National Instrument 43-101: Alan J. Morris 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.
About Surge Battery Metals Inc. surgebatterymetals.com
The Company is a Canadian -based mineral exploration company active in the exploration for lithium in
Nevada and for nickel -iron alloy in British Columbia and 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.
Nevada Lithium Projects
The Company owns a 100% interest in 243 mineral claims located in Elko County, Nevada. The Nevada
North Lithium Project is in the Granite Range southeast of Jackpot, Nevada, about 73 km north-northeast
of Wells, Nevada. The target is a lithium clay deposit in volcanic tuff and tuffaceous sedime nts of the
Jarbidge Rhyolite package.
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In addition, the Company has a Property Option Agreement to earn an undivided 80% interest in 16
mineral claims, comprising 640 acres located within Nevada's San Emidio Desert, known as the Galt
Property. Recent min eral exploration on the Galt claim group includes 51 playa sediment samples
collected for chemical analysis at ALS Geochemistry in Vancouver, B.C. Results of aqua regia leaching of
the samples show 68 to 852 parts per million lithium (mean 365 ppm), 5.3 to 201 ppm cesium (mean 72
ppm) and 35 to 377 ppm rubidium (mean 180 ppm). Results from two seven-foot-deep auger holes show
lithium, cesium, and rubidium concentrations in the range of 143.5 to 773 ppm Li, 56.8 to 102.5 ppm Cs
and 155 to 272 Rb.
Finally, the Company owns a 100% interest in 663 ha (1,640 acre) property in the Teels Marsh Project
located in Mineral County, Nevada. The property is in an active region for both lithium exploration and
production.
Nickel Projects, Northern BC
The Company has a Property Option Agreement to earn an undivided 80% interest in certain mineral
claims from Nickel Rock Resources Inc. The Project (The Surge Nickel Project) consists of two non -
contiguous mineral claims groups consisting of six mineral cl aim blocks located in northern British
Columbia. One claim in the Mount Sidney Williams area (claim HN4), covers 1863 hectares immediately
south of and adjacent to the Decar Project, currently being advanced by FPX Resources, and 5 claims in
the Mitchell Range area, northeast of Decar, (N100 Group) covering 8659 hectares. Three of the claims
are subject to 2% NSR, including the (HN4 claim and the two southernmost claims of the N100 claim
group). Both projects target the nickel -iron alloy mineral “Awaruite”, hosted by serpentinized intrusive
rocks of the Trembleur Ultramafic Unit
On Behalf of the Board of Directors
“Greg Reimer”
Greg Reimer, President & CEO
Contact Information
Email: [email protected]
Phone: 778-945-2656
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 relea se. 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, comment s
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 performanc e 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.
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Figure 1: Soil Sample Results - Lithium