Source: Surge Battery Metals.
  • Surge (NILI) has released assay results from holes NN2207 and NN2208 at its Nevada North Lithium Project
  • NN2207 on the Elko County, Nevada-based property intersected the thickest intervals of lithium-rich claystone to date, including 120.4 m averaging 3,943 ppm lithium across four zones
  • NN2208 had the strongest individual sample interval of the maiden 2022 program with 5,950 ppm lithium between 13.72 to 15.24 m
  • A detailed 2023 drilling program will commence when ground conditions allow
  • Surge Battery Metals is a mineral exploration company focused on nickel-iron alloy in British Columbia and lithium in Nevada to supply the electric vehicle market
  • Surge (NILI) ended the day up by 5.48 per cent, trading at $0.385 per share

Surge (NILI) has released assay results from holes NN2207 and NN2208 at its Nevada North Lithium Project.

Results extend mineralization strike length to 1,620 m from NN2205 to NN2208. Mineralization width is not as well determined since the holes are mostly on a north-south alignment because of topography and access, but it is at least 400 m, with soil anomalies indicating it is likely much more.

A detailed 2023 drilling program will commence when ground conditions allow. In the meantime, 2022 drill cuttings will undergo mineralogical and spectral analysis along with in-depth reviews of surface and sub-surface geochemistry.

“The drill 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,” stated Greg Reimer, Surge’s President and CEO. “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.”

Significant intercepts from drill holes NN2207 and NN2208

Source: Surge Battery Metals.

Surge Battery Metals is a mineral exploration company focused on nickel-iron alloy in British Columbia and lithium in Nevada to supply the electric vehicle market.

Surge (NILI) ended the day up by 5.48 per cent, trading at $0.385 per share.


More From The Market Online

Tilray’s Breckenridge Brewery honours Denver Nuggets with new ale

Tilray Brands (TSX:TLRY) subsidiary Breckenridge Brewery launches a new ale to recognize the 2023 NBA championship-winning Denver Nuggets.

Activist investor seeks to overhaul WonderFi board

KAOS Capital, an activist investor and major WonderFi (TSX:WNDR) shareholder, plans to propose five nominations to the crypto stock's board.

Nerds On Site launches AI subsidiary

Nerds on Site (CSE:NERD) reveals the launch of a new artificial intelligence subsidiary called NOS Technical Services.

Energy management stock signs credit agreement and reduces debt

Kontrol Technologies (NEO:KNR) announces it has signed an amended credit agreement with its secured lender and exited forbearance.