Surge Battery Metals
Surge Battery Metals reports the first certified assay results from the 2023 core drilling program at its lithium clay discovery at Nevada North. (Source: Surge Battery Metals)
  • Surge Battery Metals (TSXV:NILI) has reported the first certified assay results from the 2023 core drilling program at its lithium clay discovery at Nevada North
  • Results returned greater than 4,000 ppm lithium for some samples from surface and to depths of more than 175 metres
  • The highest graded assay of 7,630 ppm lithium was discovered at less than 30 metres depth
  • Shares of Surge Battery Metals closed at C$0.48 Tuesday

Surge Battery Metals (TSXV:NILI) has reported the first certified assay results from the 2023 core drilling program at its lithium clay discovery at Nevada North.

In a news release, the West Vancouver, B.C.-based company stated results returned greater than 4,000 ppm lithium for some samples starting from surface and to depths of more than 175 metres.

Surge Battery added that the highest-grade assay of 7,630 ppm lithium was discovered at less than 30 metres’ depth.

After the 2023 sonic drilling campaign at the Nevada North Lithium Project, the company conducted a diamond core drilling program. Maximum depth reached by sonic drilling was 107.5 metres while diamond holes extend to 243 metres at hole NN2308.

Holes NN2306, NN2308 and NN2309 at the south end of the project intercepted extended lithium clay mineralization west from the 2022 Reverse Circulation drilling validated those assay results and encountered additional mineralization at depth.

“Today’s diamond drilling results, combined with previous sonic and RC results, are starting to outline a large volume of greater than 4,000-plus ppm Li within our upper clay horizon at the Nevada North lithium project,” Greg Reimer, CEO of Surge Battery Metals, said in a statement. “Additionally, the deeper mineralization intersected in NN2308 is promising; it validates our interpretations and provides a critical exploration target in tracing this mineralization up dip to the east, where it is expected to approach the surface.”

The Nevada North Lithium Project is in the Granite Range southeast of Jackpot, Nevada.

Surge Battery Metals completed the first round of drilling in October 2022, which identified a strongly mineralized zone of lithium-bearing clays occupying a strike length of almost 1,620 metres.

The 2023 drill program is designed to expand the known lithium-rich clay from the current 1,620 metres strike length to more than 3,500 metres and the known width of the mineralization to 950 metres from the previously drill-indicated 400 metres.

Surge Battery Metals is a mineral exploration company active in the exploration for lithium in Nevada with a focus on exploration for high-value battery metals for the electric vehicle market.

Shares of Surge Battery Metals closed at C$0.48 Tuesday.

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