Surge Battery Metals Receives Approval to Commence an Additional Drill Program Following the Latest Discovery
Surge Battery Metals Inc.
3028 Quadra Court
Coquitlam, BC, Canada V3B 5X6
778-945-2656
www.surgebatterymetals.com
Surge Battery Metals Receives Approval to Commence an Additional
Drill Program Following the Latest Discovery
Wednesday, March 29, 2023: Coquitlam, BC; Surge Battery Metals Inc. (the “Company” or “Surge”)
(TSXV: NILI, OTC: NILIF, FRA: DJ5C) is pleased to announce that following its significant lithium clay
discovery at its Nevada North Lithium Project (NNLP) in late 2022, it has now received further
approval from the Nevada Bureau of Land Management (BLM) permitting the next stage of drilling
to further delineate this high-grade target.
The Company plans to drill seven new locations within an extensive surface geochemical covering an
area of about 1,700 meters east -west in mid -May 2023, subject to weather conditions. The drill
program will occur in two bands, each roughly 300 to 400 meters wide, that outline a highly
anomalous zone containing abundant sample points greater than 1,000 ppm lithium with samples as
high as 5,950 ppm.
Surge Battery Metals’ CEO, Mr. Greg Reimer, commented , “We are very pleased to have received
approval to commence our next drill program at our Nevada North Project. Following on from the
success of our 2022 drill program, we believe that our un derstanding of this lithium clay discovery
has expanded greatly, and we are eager to drill these seven newly proposed drill locations. Drilling
these locations is a major step in further assessing the ultimate deposits size of our lithium claystone
resource at NNLP.”
These new drill targets have been selected with the intent to expand the currently identified lithium
deposit both to the west and to the north and at the same time to determine continuity between the
most northerly and most southerly holes drilled in 2022’s maiden drill program.
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Proposed Drill Targets for May 2023
The first round of drilling , completed just before Christmas 2022 , identified a strongly mineralized
zone of lithium clay mineralization over a strike length of almost 1,620 meters from NN2205 in the
north to NN2208 in the south. Widths of the mineralized horizons are not as well determined since
the holes are mostly on a north-south alignment but are at least 400 metres wide, supported by highly
anomalous soil values indicating potential for these horizons to be much greater.
Potential for a significant lithium deposit is exemplified by hole 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. Hole NN2208 had the strongest downhole individual
sample of 5,950 ppm lithium between 45 and 50 feet (13.72 and 15.24 metres) of the maiden 2022
program. The average lithium content within all near surface clay zones intersected in 2022
drilling, applying a 1000 ppm cut-off, was 3254 ppm.
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.
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About Surge Battery Metals Inc.
The Company is a Canadian-based mineral exploration company active in the exploration for nickel-
iron alloy 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.
Nevada Lithium Projects
The Company owns a 100% inte rest in 225 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 tuffac eous
sediments of the Jarbidge Rhyolite package.
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 mineral 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 p pm), 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 6 mineral clai m 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 Ra nge 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 Uniton Behalf of the Board of Directors.
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
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as t hat 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 futu re
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 propert y 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 actua l results to vary materially from
forward‐looking statements.