Announcement Date: 2023-09-12
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Surge Battery Metals Inc.
Project name: Nevada North
Location: United States
Commodities: Lithium
Highlight: Drilling results incl. 24.4m at 4939ppm Li from 8.39m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: West Vancouver, British Columbia–(Newsfile Corp. – September 12, 2023) – Surge Battery Metals Inc. (TSXV: NILI) (OTCQB: NILIF) (FSE: DJ5) (the “Company” or “Surge”) is pleased to announce that the first certified analytical results for the 2023 summer drilling program at their Nevada North Lithium Project (NNLP) returned multiple zones of high values ranging from 1,000 ppm to 8070 ppm lithium, the highest grades for exploration to date on the NNLP. Samples from sonic drill hole NN2301 (Drill site location R) returned positive results ranging between the 1,000 ppm cutoff to 8,070 ppm Li within 4 horizons. The composite thickness of intersected clay horizons was 140 ft (42.7m), for an overall average grade of 4,067ppm Li. This includes the highest grade and shallowest zone which begins at 27.5ft (8.39m) below surface and extends 80 ft (24.4m) and ranges from 3,090 ppm to 8,070 ppm Li, for an overall composite grade of 4,939 ppm Li (See Appendix I for interval values). The composite grade of the first clay horizon encountered in sonic hole NN2301 is 28% higher than the weighted average composite grade of the first clay horizon intersected in the reverse circulation drillholes completed by the Company in its 2022 drill program.
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