Surface Metals Inc. Sells Remaining Interest in Manitoba Lithium Project to Earn-in Partner Snow Lake Energy
Dec 22, 2025
Vancouver, BC Canada – December 22, 2025 – Surface Metals Inc. (CSE: SUR) (OTCQB: SURMF) (“Surface Metals” or the “Company”) announces that it has completed an agreement with Snow Lake Resources Ltd. dba Snow Lake Energy (“Snow Lake”) (NASDAQ:LITM) to sell its remaining 49% interest in 37 mineral claims in south-eastern Manitoba for total consideration of $650,000.
Pursuant to an option agreement dated January 29, 2024 between Surface Metals and Snow Lake, Surface Metals granted to Snow Lake an option to earn up to a 90% undivided interest in the following mineral claims located in south-eastern Manitoba (the “Properties”):
• 21 mineral claims totaling 8,883 acres (3,595 hectares) (the “ Shatford Lake Mineral Claim s”);
• 10 mineral claims totaling 5,196 acres (2,102 hectares) (the “ Birse Lake Mineral Claims ”); and
• 6 mineral claims totaling 2,930 acres (1,186 hectares) (the “ Cat-Euclid Lake Mineral Claims ”).
About Surface Metals Inc.
Surface Metals Inc. (CSE: SUR | OTCQB: SURMF) is a North American mineral exploration company focused on advancing a diversified portfolio of gold and lithium projects in the state of Nevada, USA. The Company’s Cimarron Gold Project is located in Nye County, Nevada, in a historically productive gold district. Surface’s Clayton Valley Lithium Brine Project hosts an NI-43-101 compliant inferred resource of approximately 302,900 tonnes of lithium carbonate equivalent (LCE) adjacent to Albemarle’s Silver Peak Mine. Surface Metals is also advancing a lithium project in neighbouring Fish Lake Valley, Nevada.
For more information, please visit: www.surfacemetals.com
On behalf of the Board of Directors Steve Hanson Chief Executive Officer, President, and Director Telephone: (604) 564-9045 [email protected]
PRESS RELEASE ON PDF
Neither the CSE nor its regulations service providers accept responsibility for the adequacy or accuracy of this news release. This news release contains certain statements which may constitute forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
Demand for U.S. Hybrid Electric Vehicles Is Expected To Progress at a CAGR of 13.8% to Reach US$ 55.5 Billion by 2032 Read more
Over Half Of US Car Sales Are Forecasted To Be Electrified By 2030 Read more
Li-ion battery market to reach $430bn by 2033 Read more
Lithium mining: How new production technologies could fuel the global EV revolution Read more
A by-the-numbers look at lithium, a key commodity for automakers Read more
Executive Summary - National Blueprint for lithium Batteries 2021 - 2030 Read more
This work was done under a previous operator.
Can Lithium Supply Keep Up With Strong EV Demand? Read more
Global EV Sales Are Up 70% In 2022 Creating Major Demand for Lithium Industry Read more
Industry Statistics Read more
Lithium-ion Battery Market Size Worth $182.53 Billion By 2030: Grand View Research, Inc. Read more
Producers look to ‘green’ lithium as automakers, investors apply ESG pressure Read more
Lithium prices set to jump to US$60 per kg, says Citi Read more