2023-06-21 09:45:05 ET
%ElectricVehicles are gaining in popularity, with registrations up over 55 percent in 2022 versus 2021. Powered by lithium-ion batteries, this growth translates into high demand for lithium and this company just increased the size of its existing lithium project in Nevada.
%SurgeBatteryMetals (TSXV: )(OTC: ) announced that a recent increase in the size of the Nevada North Lithium Project by staking and filing an additional 60 lode claims located to the east of its claim block. The claim holdings now total 303 mineral claims, encompassing approximately 6060 acres or 2,452 hectares.
Surge is a Canadian-based mineral exploration company active in the exploration for lithium in Nevada and for nickel in British Columbia and maintains a focus on exploration for high value battery metals required for the electric vehicle market. U.S. shares were last trading at $0.4249.