Surge Engages Cassidy & Associates to Support US Government and Agency Engagement and Outreach
Surge Engages Cassidy & Associates to
Support US Government and Agency
Engagement and Outreach
West Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Surge Battery Metals
Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "
Company
" or "
Surge
") is pleased to announce it
has retained Cassidy & Associates, a leading Washington, D.C. based government relations and
advocacy firm, to represent the Company in its U.S. federal government and agency engagement and
outreach activities.
With deep experience in mining, natural resources, energy and technology policy, Cassidy & Associates
will assist Surge in advancing its strategic objectives as the Company develops its Nevada North
Lithium Project and works to support the domestic critical minerals supply chain in the United States.
Cassidy & Associates have a proven track record of navigating complex federal government and agency
issues on behalf of global corporations. Through this engagement, Surge aims to align its project
development with evolving national priorities and opportunities for critical minerals including recently
announced and soon to be released funding opportunities for critical minerals.
Mr. Greg Reimer, Chief Executive Officer and Director of the Company, commented,
"With the
completion of our Preliminary Economic Assessment and our recently announced proposed Joint
Venture with Evolution Mining, it is the right time to strengthen our advocacy and participation in
Washington DC. Our engagement with Cassidy & Associates provides us with a respected voice and
strengthens our ability to connect with agencies, policymakers, regulators, and industry partners who
share our vision to build a secure battery materials supply chain."
About Surge Battery Metals Inc.
Surge Battery Metals, 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 exploring clean, high-grade lithium energy metals in Nevada, USA, a crucial
element
for powering electric vehicles. With a primary listing on the TSX Venture Exchange in Canada and the
OTCQX Market in the US, Surge Battery Metals Inc. is strategically positioned as a key player in
advancing lithium exploration.
About the Nevada North Lithium Project
The Company owns the Nevada North Lithium Project located in the Granite Range southeast of
Jackpot, Nevada about 73 km north-northeast of Wells, Elko County, Nevada. The first three rounds of
drilling, completed in 2022, 2023, and 2024, 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 1500
meters. Highly anomalous soil values and geophysical surveys suggest there is potential for the clay
horizons to be much greater in extent, while wide drill spacing allows for significant upside to occur
during infill drilling. The Nevada North Lithium Project has a pit-constrained Inferred Resource containing
an estimated 8.65 Mt of Lithium Carbonate Equivalent (LCE) grading 2,955 ppm Li at a 1,250 ppm
cutoff. The recently completed PEA reported an after-tax NPV
8%
US $9.17 Billion and after-tax IRR of
22.8% at $24,000/ t LCE and an OPEX of US $5,243/t LCE.
On behalf of the Board of Directors
"Greg Reimer"
Greg Reimer,
President & CEO
Contact Information
Email:
Phone: 604-662-8184
Website:
surgebatterymetals.com
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This document may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of
1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan"
or "planned", "possible", "potential", "forecast", "intend", "may", "schedule" and similar words or expressions identify forward-looking statements or
information. These forward-looking statements or information may relate to future prices of commodities including lithium and nickel, the accuracy of
mineral or resource exploration activity, reserves or resources, the accuracy of cash flow forecasts, projected capital and operating costs, metal
processing recoveries, mine life, production rates, regulatory or government requirements or approvals including approvals of title and mining rights
or licenses and environmental, local community or indigenous community approvals, the reliability of third party information, continued access to
mineral properties or infrastructure or water, changes in laws, rules and regulations including in the United States, Nevada or California or any other
jurisdiction which may impact upon the Company or its properties or the commercial exploitation of those properties, currency risks including the
exchange rate of USD$ 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.
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