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Nevada North’s Potential to unlock a Significant Supply of US Lithium

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stockhouse.com

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alert@stockhouse.com

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Tue, Apr 12, 2022 05:12 PM

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The truth is simple and clear – the planet is truly on the verge of turning the corner on the E

The truth is simple and clear – the planet is truly on the verge of turning the corner on the Electric Vehicle (EV) Revolution. And there’s no looking back in the rearview mirror. [Open in your browser]( [Investor Alert] [Stockhouse.com]( Nevada North’s Potential to unlock a Significant Supply of US Lithium --------------------------------------------------------------- [Visit the company website]( [Facebook]( [Twitter]( North’s Potential to unlock a Significant Supply of US Lithium) [LinkedIn]( [Email](mailto:?subject=Nevada North’s Potential to unlock a Significant Supply of US Lithium&body= Dave Jackson, Stockhouse The truth is simple and clear – the planet is truly on the verge of turning the corner on the Electric Vehicle (EV) Revolution. And there"s no looking back in the rearview mirror. Fact. 20-plus countries have already [mandated the phasing out of fossil fuel-driven vehicles]( over the next 10 to 30 years. Fact. [EV sales rose over 40% in 2020]( year-over-year, breaking all records to date. Fact. [Battery demand is expected to increase by 15- fold]( by 2030. Fact. Due to skyrocketing global demand and increased industrial production capacities, lithium-ion (Li-ion) battery prices fell a jaw-dropping [88% since 2010]( making EVs more and more affordable. [SEE COMPANY PROFILE]( Enter an early-stage exploration company that is ready to meet the growing demand for green energy metals. Surge Battery Metals Inc. (NILI) ([TSXV.NILI]( Pink: NILIF]( is focused on battery metals that will advance the worldwide adoption of EVs to help create a cleaner world while building new industries. Surge is currently engaged in the acquisition, exploration, and development of battery metal targets, strategically targeting the EV market"s near-term & long-term demand to create shareholder value and opportunity. Surge Battery Metals boasts multiple battery metals projects (lithium, copper, and nickel) in in prolific, historic, and world-class mining-friendly jurisdictions, but is currently focused on its [Northern Nevada Lithium Project]( (NNLP), located in the Granite Range about 34 line-kilometers southeast of Jackpot Nevada. Surge also has [seven prospective mineral claims]( known as Caledonia, Cascade, and Bluebell in Northern Vancouver Island, along with early-stage, non-contiguous mineral claims groups consisting [Hard Nickel and Nickel 100 in Central BC](. Two of the six mineral claims (HN4) encompass over 1,800 hectares immediately south of and adjacent to the Decar Project, and (N100) in covering 8,659 hectares. In the News On [April 6, 2022]( Surge Battery Metals announced additional soil geo-chem results from its 100% owned Nevada North Lithium Project in Elko County, Nevada. Results from this exploration work ranged from 29.1 to 5,120 ppm Li with a median value of 244 ppm Li. These outstanding results included 89 samples with 1,000 or more ppm Li. The zone of highly anomalous samples extends about 1,700 meters east-west in two bands about 300 to 400 meters wide. Previous work on the property had returned values to 1,500 ppm Li in stream sediment samples. The company reported that "anomalous samples appear to be in soils developed on airfall or water lain rhyolitic tuff overlain by welded ash flow tuff." Surge says they plan additional detailed exploration as soon as ground conditions permit in April 2022. Greg Reimer, Company President & CEO, commented: "To put these results in perspective, the overall reserve grade for the Thacker Pass Lithium deposit in Humboldt County, Nevada is 3,300 ppm Li with a resource cutoff grade of 2500 ppm, measured and indicated resource averages 2,231 with a 1,334 ppm cutoff. A preliminary feasibility study for the Cyprus Development Corp"s ([TSXV: CYP]( lithium deposit in Clayton Valley, Nevada lists the overall grade for measured and indicated resources at 1,073 ppm Li with a 900 ppm cut off". Mr. Reimer continues: "When field conditions permit, plans are to initiate further soil sampling, covering the full property position, with samples on a 100-meter grid, geologic mapping, and detailed rock chip sampling to understand the geometry of the anomalous material so as to prioritize drill targets." And on [March 2nd]( Surge Battery Metals entered into a Property Option Agreement on 16 lithium mining claims in the Nevada San Emidio Desert. These lithium exploration claims, referred to as the "Galt Claim Group" adjoin the Company"s existing San Emidio Desert lithium claims. The joint venture transaction has been approved by the TSX Venture Exchange. [INVESTOR UPDATES]( Investors Corners As the battery metals market continues to heat up, metals & mining investors should judiciously take notice of early-stage exploration opportunities that stand at the forefront of this space. As the trend toward electric vehicles continues to grow exponentially, vehicle makers are projecting aggressive growth targets for EV sales. As shortages of the key raw materials for batteries as EV demand "surges", Surge Battery Metals Inc. appears to be the kind of company that could help meet new battery metals demands in the not-too-distant future. [(Click to play or download podcast)]( For more information, visit [surgebatterymetals.com](. [VIEW COMPANY WEBSITE](  FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing. --------------------------------------------------------------- [stockhouse]( Stockhouse Publishing Ltd. 1100 – 609 West Hastings Street | Vancouver | BC | V6B 4W4 | CA [Unsubscribe]( | [Manage Preferences]( [Facebook]( [Twitter]( [LinkedIn]( This email was sent to you by Stockhouse Publishing Ltd. because you consented to receive messages from us. You may manage your subscription preferences at any time. You may contact our email compliance officer at compliance@stockhouse.com The advertiser featured in this Stockhouse Publishing Ltd. Alert has paid a fee in cash not exceeding $5,000 to have their corporate information featured. The information shown is solely the responsibility of the advertiser [Surge Battery Metals], not Stockhouse Publishing Ltd, whose only function was as a supplier of media facilities. Any information provided is not to be construed as a recommendation or suggestion or offer to buy or sell securities. Your information is shared only with the advertiser featured in this Alert and will not be sold or rented to any other third party. The advertiser may contact you from time to time with updates. You opted in to receive this Alert, which are sent on a request-only basis. To advertise, please contact us at sales@stockhouse.com.

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