NILI:CC - Surge Battery Metals Announces Best Lithium Results To Date from Drill Holes 7 and 8 at the Nevada North Lithium Project
(TheNewswire)
January 3, 2023 – TheNewswire - Coquitlam, BC - Surge Battery Metals Inc. (the “Company”or “Surge”) (TSXV:NILI ) , ( OTC:NILIF ) , ( FRA:DJ5C) is pleased torelease the assay results from holes NN2207 and NN2208 at the 100%owned Nevada North Lithium Project in Elko County, Nevada. Hole NN2207 intersected thethickest intervals of lithium rich claystone encountered to date, atotal of 120.4 meters (395 feet) averaging 3943 ppm lithium in fourzones. NN2208 had the strongest individualsample interval ( 5950 ppmlithium between 45 to 50 feet, 13.72 to 15.24 meters) of the maiden2022 program. The intercepts shown in thetable below used a 1,000 ppm lithium cut off without internaldilution.
Table 1 . Significant interceptsHoles NN2207 and 08
| Hole ID |
| From ft |
| To ft |
| From M |
| To M |
| Thickness ft |
| thickness M |
| Avg Li ppm |
| NN2207 |
| 35 |
| 145 |
| 10.67 |
| 44.2 |
| 110 |
| 33.53 |
| 4092 |
| NN2207 |
| 170 |
| 220 |
| 51.82 |
| 67.06 |
| 50 |
| 15.24 |
| 4081 |
| NN2207 |
| 245 |
| 435 |
| 74.68 |
| 132.59 |
| 190 |
| 57.91 |
| 3884 |
| NN2207 |
| 465 |
| 510 |
| 141.73 |
| 155.45 |
| 45 |
| 13.72 |
| 3676 |
| 395 |
| 120.4 |
| NN2208 |
| 0 |
| 75 |
| 0 |
| 22.86 |
| 75 |
| 22.86 |
| 3621 |
| NN2208 |
| 85 |
| 250 |
| 25.91 |
| 76.2 |
| 165 |
| 50.29 |
| 3207 |
| NN2208 |
| 275 |
| 290 |
| 83.82 |
| 88.39 |
| 15 |
| 4.57 |
| 1780 |
| 180 |
| 54.86 |
Results from the above holes extendthe strike length of the mineralization to 1,620 meters from NN2205 toNN2208. Width of the mineralization is not aswell determined since the holes are mostly on a north-south alignmentbecause of topography and access but is at least 400 meters and soilanomalies indicate it is likely much more.
Table 2 Previously releasedsignificant intercepts
| Hole ID |
| From ft |
| To ft |
| From M |
| To M |
| Thickness ft |
| thickness M |
| Avg Li ppm |
| NN2201 |
| 0 |
| 55 |
| 0 |
| 16.76 |
| 55 |
| 16.76 |
| 3826 |
| NN2201 |
| 95 |
| 140 |
| 28.95 |
| 42.67 |
| 45 |
| 13.72 |
| 2958 |
| NN2201 |
| 165 |
| 225 |
| 50.29 |
| 68.58 |
| 60 |
| 18.29 |
| 2388 |
| total |
| 160 |
| 48.77 |
| 3042 |
| NN2202 |
| 0 |
| 10 |
| 0 |
| 3.05 |
| 10 |
| 3.05 |
| 2065 |
| NN2202 |
| 50 |
| 65 |
| 15.24 |
| 19.81 |
| 15 |
| 4.57 |
| 1295 |
| total |
| 25 |
| 7.62 |
| 1603 |
| NN2203 |
| 5 |
| 120 |
| 1.52 |
| 36.57 |
| 120 |
| 35.05 |
| 4008 |
| NN2203 |
| 170 |
| 200 |
| 51.81 |
| 60.96 |
| 30 |
| 9.15 |
| 3210 |
| NN2203 |
| 235 |
| 250 |
| 71.62 |
| 76.2 |
| 15 |
| 4.58 |
| 1480 |
| total |
| 165 |
| 48.78 |
| 3621 |
| NN2204 |
| 0 |
| 100 |
| 0 |
| 30.48 |
| 100 |
| 30.48 |
| 3929 |
| NN2204 |
| 135 |
| 170 |
| 41.15 |
| 51.81 |
| 35 |
| 10.66 |
| 2563 |
| NN2204 |
| 210 |
| 215 |
| 64 |
| 65.53 |
| 5 |
| 1.53 |
| 1500 |
| total |
| 140 |
| 42.67 |
| 3501 |
| NN2205 |
| 0 |
| 115 |
| 0 |
| 35.05 |
| 115 |
| 35.05 |
| 4000 |
| NN2205 |
| 155 |
| 190 |
| 47.24 |
| 57.91 |
| 35 |
| 10.67 |
| 2020 |
| NN2205 |
| 220 |
| 240 |
| 67.05 |
| 73.15 |
| 20 |
| 6.1 |
| 2216 |
| total |
| 170 |
| 51.82 |
| 3383 |
| NN2206 |
| 0 |
| 20 |
| 0 |
| 6.1 |
| 20 |
| 6.1 |
| 1590 |
| NN2206 |
| 50 |
| 85 |
| 15.24 |
| 25.91 |
| 35 |
| 10.67 |
| 2479 |
| total |
| 55 |
| 16.77 |
| 2155 |
| NN2207 |
| 35 |
| 145 |
| 10.67 |
| 44.2 |
| 110 |
| 33.53 |
| 4092 |
| NN2207 |
| 170 |
| 220 |
| 51.82 |
| 67.06 |
| 50 |
| 15.24 |
| 4081 |
| NN2207 |
| 245 |
| 435 |
| 74.68 |
| 132.59 |
| 190 |
| 57.91 |
| 3884 |
| NN2207 |
| 465 |
| 510 |
| 141.73 |
| 155.45 |
| 45 |
| 13.72 |
| 3676 |
| total |
| 395 |
| 120.4 |
| 3943 |
| NN2208 |
| 0 |
| 75 |
| 0 |
| 22.86 |
| 75 |
| 22.86 |
| 3621 |
| NN2208 |
| 85 |
| 250 |
| 25.91 |
| 76.2 |
| 165 |
| 50.29 |
| 3207 |
| NN2208 |
| 275 |
| 290 |
| 83.82 |
| 88.39 |
| 15 |
| 4.57 |
| 1780 |
| total |
| 180 |
| 54.86 |
| 3088 |
The company is currently planning for the 2023 fieldseason which will include a detailed drilling program that willcommence when ground conditions allow. During the off-season,mineralogical and spectral analysis will be applied to the 2022 drillcuttings along with in-depth reviews of surface and sub-surfacegeochemistry.
Mr. Greg Reimer, Company President& CEO states: “The results of our maiden drill program havereturned impressive lithium values over a strike length ofapproximately 1,600 meters (5,315 feet). The drill results haveconfirmed that highly anomalous lithium values persist to depth in thesilty clay unit that that appears to underlie the better soil valuesobserved in samples collected last year and earlier this summer.
Our maiden drilling program hasidentified significant potential for a lithium deposit in an area ofnorthern Nevada not previously recognized for its lithiumpotential.”
Quality Assurance, Quality Controland Data Verification
Drilling utilized a buggy mounted system provided byO’Keefe Drilling Company of Butte, Montana. Site preparation andwater handling was provided by Legarza Exploration of Elko, Nevada.Drill cuttings were collected on 5-foot intervals and bagged at thedrill site by O’Keefe staff. Samples were collected from the site bythe Surge Project geologist / QP and delivered to the ALS Globalsample preparation facility in Twin Falls, Idaho. Samples were dried,crushed, and pulverized at the Twin falls facility and sent to theNorth Vancouver ALS laboratories for analysis. Samples were assayedusing the ALS ICP-41 method using an aqua regialeach followed by ICP optical emission spectrography. The detectionlevels of lithium by this method are 10 – 10,000 ppm.
Quality control standards (MEG-Li.10.11) inserted intothe sample submittal returned values well within expected range (750ppm Li) using this method. Results for internal standards andduplicates provided by ALS were well within accepted values.
Qualified Person as Defined UnderNational Instrument 43-101: Alan J. Morris ofSpring Creek, Nevada, a Qualified Person as defined under NationInstrument 43-101 has reviewed and approved the technical aspects ofthis news release.
About Surge Battery Metals Inc. surgebatterymetals.com
The Company is a Canadian-based mineral explorationcompany active in the exploration for nickel-iron alloy in BritishColumbia and lithium in Nevada whoseprimary listing is on the TSX Venture Exchange. The Company'smaintains a focus on exploration for high value battery metalsrequired for the electric vehicle (EV) market.
Nevada Lithium Projects
The Company owns a 100% interest in 225 mineral claimslocated in Elko County, Nevada. The Nevada North Lithium Project is in the Granite Range southeast of Jackpot, Nevada, about73 km north-northeast of Wells, Nevada. The target is a lithium claydeposit in volcanic tuff and tuffaceous sediments of the JarbidgeRhyolite package.
In addition, the Company has a Property OptionAgreement to earn an undivided 80% interest in 16 mineral claims,comprising 640 acres located within Nevada's San Emidio Desert, knownas the GaltProperty . Recent mineral exploration on theGalt claim group includes 51 playa sediment samples collected forchemical analysis at ALS Geochemistry in Vancouver, B.C. Results ofaqua regia leaching of the samples show 68 to 852 parts per millionlithium (mean 365 ppm), 5.3 to 201 ppm cesium (mean 72 ppm) and 35 to377 ppm rubidium (mean 180 ppm). Results from two seven-foot-deepauger holes show lithium, cesium, and rubidium concentrations in therange of 143.5 to 773 ppm Li, 56.8 to 102.5 ppm Cs and 155 to 272Rb.
Finally, the Company owns a 100% interest in 663 ha(1,640 acre) property in the Teels Marsh Project located in Mineral County,Nevada. The property is in an active region for both lithiumexploration and production.
Nickel Projects, Northern BC
The Company has a Property Option Agreement to earn anundivided 80% interest in certain mineral claims from Nickel RockResources Inc. The Project (The Surge Nickel Project) consists of twonon-contiguous mineral claims groups consisting of 6 mineral claim blocks located in northern British Columbia . Oneclaim in the Mount Sidney Williams area (claim HN4), covers 1863hectares immediately south of and adjacent to the Decar Project,currently being advanced by FPX Resources, and 5 claims in theMitchell Range area, northeast of Decar, (N100 Group) covering 8659hectares. Three of the claims are subject to 2% NSR, including the(HN4 claim and the two southernmost claims of the N100 claim group).Both projects target the nickel-iron alloymineral “Awaruite”, hosted by serpentinized intrusive rocks of theTrembleur Ultramafic Unit on Behalf of the Boardof Directors
“Greg Reimer”
Greg Reimer, President & CEO
Contact Information
Email: info@surgebatterymetals.com
Phone: 778-945-2656
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release. This news release may containforward?looking statements which include, but are not limited to,comments that involve future events and conditions, which are subjectto various risks and uncertainties. Except for statements ofhistorical facts, comments that address resource potential, upcomingwork programs, geological interpretations, receipt and security ofmineral property titles, availability of funds, and others areforward?looking. Forward?looking statements are not guaranteeingfuture performance and actual results may vary materially from thosestatements. General business conditions are factors that could causeactual results to vary materially from forward?lookingstatements.
Figure 1. Drill Hole Location Map
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