Surge Battery Metals Announces Preliminary Results From Its Lithium Exploration Programs In Northern Nevada

0

VANCOUVER, BC / ACCESSWIRE / December 31, 2021 / Surge Battery Metals Inc. (the “Company” or “Surge”) (TSXV: NILI) (OTC PINK: NILIF) (FRA: DJ5C) is pleased to announce the completion of a soil sampling program of short-lived on their Northern Nevada Lithium Project (NNLP) in Elko County, Nevada.

A four-person team provided by Rangefront Exploration collected 445 samples at 100 meters and 50 meters apart on lines spaced 100 meters apart. The project was originally planned at 1,000 samples, but due to delays due to Covid issues and crew availability, the start of large-scale sampling has been delayed until November 29, 2021. The ensuing snowfall in early December and subsequent storms ended the sampling program early for this winter season. . The Company plans to resume this exploration program when soil conditions allow in spring 2022.

The first exploration soil samples were delivered to ALS Global’s sample preparation facility (Elko, Nevada) on December 20, 2021.

The soil sampling program was designed to track lithium values ​​up to 1,980 ppm Li in stream sediments collected in the district by their Nevada-based geologist. High lithium values ​​(74.8 and 780 ppm Li) in a public US Geological Survey database led the geologist to the drainage where follow-up samples were taken. Currently, the Northern Nevada Lithium Project consists of 95 unpatented lode claims covering approximately 770 ha. The geology is a series of air and water falling tuffs covered with a resistant layer of welded ash flow tuff. The target of NNLP is lithium rich clay or hydrothermally altered ash and ash sediment.

The follow-up exploration work planned in 2022 will be based on the results and will include the end of the planned soil sampling program with geological mapping and rock sampling leading to the definition of drill targets.

Alan J. Morris of Spring Creek, Nevada is the Qualified Person for Surge Battery Metals and has approved the technical aspects of this press release.

Surge Battery maintains its primary listing as a Level 2 issuer on the TSX Venture Exchange and trades under the symbol NILI. At the request of the Company, the over-the-counter markets approved the trading of Surge Battery on the pink markets as of December 30, 2021 under the symbol NILIF. The Company is also listed in Mergent Manuals and News Reports and is listed on the Frankfurt Stock Exchange under the symbol FRA: DJ5C.

About Surge Battery Metals Inc. surgebatterymetals.com

The Company is a Canada-based mineral exploration company active in the exploration of nickel-iron and copper alloys in British Columbia and lithium in Nevada, primarily listed on the TSX Venture Exchange. The Company continues to focus on exploring high value battery metals required for the electric vehicle (EV) market.

Nevada lithium claims

The Company owns a 100% interest in 95 mineral claims located in Elko County, Nevada. The Northern Nevada Lithium Project is located in the Granite Range approximately 34 line km southeast of Jackpot, Nevada, and approximately 73 line km northeast of Wells, Nevada. The target is a Thacker Pass or Clayton Valley-type lithium clay deposit in volcanic tuff and tuffaceous sediments of the Jarbidge Rhyolite ensemble. The project area was first identified in the geochemical data of river sediments in the public domain with sediment sampling and a follow-up geological survey.

The Company has entered into an ownership option agreement to acquire an 80% undivided interest in the San Emidio Desert Lithium Project, subject to a 2% NSR, located 60 miles northeast of Reno , Nevada, from Lithium Corporation (OTCQB: LTUM). The San Emidio Desert Lithium Project consists of 60 mining claims totaling 4,800 acres and is located in the San Emidio Desert.

Nickel projects, northern British Columbia

The Company has entered into an ownership option agreement to acquire an 80% undivided interest in certain mining claims from Nickel Rock Resources Inc.

The Surge Nickel project consists of two groups of non-contiguous mineral claims comprising 6 mineral claims in the Mount Sidney Williams area (HN4) covering 1,863 hectares immediately to the south and adjacent to the Decar project and the Mitchell Range area (N100) covering 8,659 hectares, located in northern British Columbia. Three of the claims are subject to a 2% NSR, including the (the HN4 claim and the two southernmost claims of the N100 claims).

The exploration phase project is located in the Lac Trembleur region of central British Columbia, partly adjacent to FPX Nickel Corp.’s Decar Nickel project, which is an advanced project targeting awaruite, a mineral from nickel-iron alloy, hosted in ultramafic intrusive rocks the ultramafic Trembleur unit.

Caledonia Project, Vancouver Island, BC

The Company has entered into a property option agreement to acquire a 100% interest in 7 mineral claims, including the Caledonia, Cascade and Bluebell claims, subject to an NSR of between 1 and 2%. Located in the Nanaimo mining division on northern Vancouver Island. The claims are located 7 km northwest of BHP’s former Island Copper mine. During its primary period of operation, the Island Copper mine was the third largest producer of copper in Canada. The Caledonia Project concession area is located in a 50 kilometer long copper belt northwest of the Island Copper mine.

On behalf of the board of directors

“Greg Reimer”
Greg Reimer, President and CEO
604-428-5690

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements that include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. With the exception of statements of historical fact, comments which address resource potential, upcoming work programs, geological interpretations, receipt and security of mining title, availability of funds and the like. are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may differ materially from such statements. General business conditions are factors that could cause the actual results of forward-looking statements to vary materially.

THE SOURCE: Surge Battery Metals Inc.

See the source version on accesswire.com:
https://www.accesswire.com/680323/Surge-Battery-Metals-Announces-Preliminary-Results-from-its-Lithium-Exploration-Programs-in-Northern-Nevada


Source link

Share.

About Author

Comments are closed.