• Surge Battery Metals (NILI) has reported that the first hole of an eight-hole reverse circulation drill program has confirmed the potential for a high-grade lithium deposit 
  • CEO Greg Reimer sat down with Sabrina Cuthbert to highlight the results
  • Surge Battery Metals Inc is an exploration stage company engaged in the acquisition, exploration and development of battery metal targets
  • Surge Battery Metals (NILI) opened trading at C$0.125

Surge Battery Metals (NILI) has confirmed the potential for a high-grade lithium deposit at the Nevada North Lithium Project.

Initial results from drill hole NN22-01 confirm that significant surface lithium soil values of up to 5,120 ppm lithium also continue to a depth of over 64m (200 ft).

CEO Greg Reimer sat down with Sabrina Cuthbert to highlight the results.

“The initial drill sample results have confirmed that highly anomalous lithium values persist to depth in the silty clay unit that appears to underlie the better soil values observed in samples collected last year and earlier this summer.

Our maiden drilling program has identified significant potential for a lithium deposit in an area of northern Nevada not previously recognized for its lithium potential. We look forward to seeing the completed assay results from the eight-hole program as they are received over the next few weeks. The Company plans to continue work at this exciting new discovery in the months ahead, and we are well financed to do so.”

Surge Battery Metals Inc is an exploration stage company engaged in the acquisition, exploration and development of battery metal targets. It focuses on the exploration for nickel-iron alloy and Copper in British Columbia and lithium in Nevada.

Surge Battery Metals (NILI) opened trading at C$0.125.


More From The Market Online

3 Canadian stocks to hitch a ride on cobalt’s long-haul potential

Cobalt has delivered a 160% yearly return, just ahead of silver and more than double gold's effort, rightly piquing investor curiosity.

Eric Sprott bolsters position in top gold and silver project

Eric Sprott allocates US$40M into junior stock Highlander Silver (TSX:HSLV), purchasing 8,060,226 shares priced at C$6.80.

Tajiri Resources strikes gold near major players in Guyana

Tajiri Resources posted new trenching results from its Yono project in Guyana, revealing three gold zones near multi-million-ounce neighbors.

STLLR Gold awarded Ontario’s first Recovery of Minerals permit

STLLR Gold (TSX:STLR) is awarded Ontario's first Recovery of Minerals permit to advance its Hollinger tailings project in Timmins.