- Surge Battery Metals (TSXV:NILI) revealed that test work completed at Sepro Mineral Systems has resulted in a 25 per cent increase in lithium grade
- Roughly 87 per cent of the lithium for the Nevada North Lithium Project lithium claystone sample that was provided was also retained
- A lab-scale falcon continuous concentrator was used, in connection with Kemetco Research
- Shares of Surge Battery Metals are down 4.90 per cent to $0.485 as of 11:50 a.m. ET
Surge Battery Metals (TSXV:NILI) revealed that test work completed at Sepro Mineral Systems has resulted in a 25 per cent increase in lithium grade.
The company stated that roughly 87 per cent of the lithium for the Nevada North Lithium Project lithium claystone sample that was provided was also retained.
To achieve this, a lab-scale Falcon continuous concentrator was employed in collaboration with Kemetco Research. A representative sample of the CU4 layer, which had a calculated head grade of 4,105 parts per million (ppm) lithium, was tested. The results demonstrated that this sample could be upgraded to an assayed grade of 5,124 ppm lithium.
“Nevada North is already home to the highest-grade lithium clay resource in the USA. The ability to economically upgrade our mineralization boosts our confidence that the NNLP could emerge as a major producer of low-cost, battery-grade lithium for the U.S. domestic battery market,” Greg Reimer, CEO of Surge Battery Metals, said in a statement.
Reimer added that these results will be incorporated into a preliminary economic assessment slated for release in Q1 2025.
Surge Battery Metals is focused on 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. The company completed the first three rounds of drilling throughout 2022, 2023, and 2024, which identified a strongly mineralized zone of lithium-bearing clays occupying a strike length of more than 4,300 metres and a known width of greater than 1,500 metres.
Shares of Surge Battery Metals (TSXV:NILI) are down 4.90 per cent to $0.485 as of 11:50 a.m. ET.
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(Top photo: Surge Battery Metals)
