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Surge Commences Fall Drilling Program

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Surge Battery Metals (OTCQX:NILIF) has initiated its fall core drilling program at the Nevada North Lithium Project (NNLP). The program, executed by Premier Drilling Company of Elko, encompasses 4,500 feet (1,370 meters) of drilling across 9 holes.

The drilling will begin with 5 holes on private surface lands before moving to 4 holes on public lands. The program aims to upgrade the resource to Indicated and Measured categories while gathering geotechnical and hydrogeological data to support an upcoming Pre-Feasibility Study (PFS).

Surge Battery Metals (OTCQX:NILIF) ha avviato il programma di trivellazioni autunnale presso il Nevada North Lithium Project (NNLP). Il programma, eseguito dalla Premier Drilling Company di Elko, comprende 4.500 piedi (1.370 metri) di trivellazione distribuiti su 9 pozzi.

Le trivellazioni inizieranno con 5 pozzi su terreni privati prima di passare a 4 pozzi su terreni pubblici. L’obiettivo è elevare la risorsa alle categorie Indicated e Measured, mentre si raccolgono dati geotecnici e idrogeologici per sostenere un prossimo Studio di Pre-Fattibilità (PFS).

Surge Battery Metals (OTCQX:NILIF) ha iniciado su programa de perforación de otoño en el Nevada North Lithium Project (NNLP). El programa, ejecutado por Premier Drilling Company de Elko, comprende 4.500 pies (1.370 metros) de perforación en 9 agujeros.

La perforación comenzará con 5 agujeros en terrenos privados, para luego pasar a 4 en terrenos públicos. El objetivo es subir la clasificación de la reserva a las categorías Indicated y Measured, mientras se recogen datos geotécnicos e hidrogeológicos para apoyar un próximo Estudio de Prefactibilidad (PFS).

Surge Battery Metals (OTCQX:NILIF)는 네바다 북부 리튬 프로젝트(NNLP)에서 가을 핵심 시추 프로그램을 시작했습니다. 엘코의 Premier Drilling Company가 수행하는 이 프로그램은 4,500피트(1,370미터)의 시추를 9개 구멍에 걸쳐 포함합니다.

시추 작업은 먼저 사유지에서 5개 구멍으로 시작한 후 공유지로 옮겨 4개 구멍으로 진행합니다. 이 프로그램의 목표는 자원을 Indicated 및 Measured 등급으로 상향하고, 예비 타당성 조사(PFS)를 지원하기 위해 지반공학 및 지하수 데이터를 수집하는 것입니다.

Surge Battery Metals (OTCQX:NILIF) a lancé son programme de forage automnal sur le projet Nevada North Lithium (NNLP). Le programme, mené par Premier Drilling Company d’Elko, comprend 4 500 pieds (1 370 mètres) de forage répartis sur 9 puits.

Le démarrage du forage se fera avec 5 puits sur des terrains privés avant de passer à 4 puits sur des terrains publics. L’objectif est de porter la ressource vers les catégories Indicated et Measured, tout en recueillant des données géotechniques et hydrogéologiques pour soutenir une prochaine études de faisabilité préalable (PFS).

Surge Battery Metals (OTCQX:NILIF) hat sein Herbst-Bohrprogramm im Nevada North Lithium Project (NNLP) gestartet. Das Programm, durchgeführt von Premier Drilling Company aus Elko, umfasst 4.500 Fuß (1.370 Meter) Bohrungen in 9 Bohrlöchern.

Die Bohrungen beginnen mit 5 Löchern auf privatem Grund, bevor 4 Löcher auf öffentlichem Grund folgen. Ziel des Programms ist es, die Resource in die Kategorien Indicated und Measured zu überführen, während geotechnische und hydrogeologische Daten gesammelt werden, um eine kommende Vor-Wew-Studie (PFS) zu unterstützen.

Surge Battery Metals (OTCQX:NILIF) قد بدأ برنامجه الحفر الأساسي لمرحلة الخريف في مشروع نيفادا نورث الليثيوم (NNLP). البرنامج، الذي تنفذه Premier Drilling Company من إلْكُو، يشمل 4,500 قدمًا (1,370 مترًا) من الحفر على مدى 9 آبار.

سيبدأ الحفر بـ 5 آبار في أراضٍ خاصة ثم ينتقل إلى 4 آبار في أراضٍ عامة. الهدف من البرنامج هو رفع الموارد إلى فئتي Indicated وMeasured مع جمع بيانات جيوتقنية وهيدروجيولوجية لدعم دراسة جدوى ما قبل الجدوى (PFS) القادمة.

Surge Battery Metals (OTCQX:NILIF) 已在内华达北部锂矿项目(NNLP)启动秋季核心钻探计划。该计划由Elko的Premier Drilling Company执行,涵盖4,500英尺(1,370米)的钻探,分布在9个钻井中。

钻探将先在私有地进行5口钻井,然后转至公有土地进行4口钻井。该项目旨在将资源等级提升至Indicated和Measured,同时收集地质工程与水文地质数据,以支持即将进行的前期可行性研究(PFS)。

Positive
  • Program targets upgrading resource categories to Indicated and Measured
  • Drilling program supports advancement to Pre-Feasibility Study (PFS) stage
  • Strategic positioning for US battery metals supply chain
Negative
  • None.

West Vancouver, British Columbia--(Newsfile Corp. - September 25, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") is pleased to announce that the fall core drilling program has officially commenced at its Nevada North Lithium Project (NNLP).

Premier Drilling Company of Elko, Nevada has been engaged to provide drilling services for the core drilling program, which will consist of 4,500 feet (1,370 meters) of drilling in 9 holes. The initial 5 holes to be drilled are located on private surface lands after which the drill rigs will mobilize to the remaining 4 holes on public lands.

Goals for the 2025 drill program include upgrading the resource to the Indicated and Measured categories as well as collecting geotechnical and hydrogeological data to support the planned Pre-Feasibility Study (PFS).

Mr. Greg Reimer, Chief Executive Officer and Director of the Company, commented, "Launching this drill program is a significant step as it directly supports our near-term objective to advance the project to PFS stage. This progress will strengthen the NNLP and positions Surge as a key contributor to the future of battery metals supply in the USA."

Qualified Person:

Alan J. Morris, MSc, CPG of Spring Creek, Nevada, Geological Advisor to the Company, and a Qualified Person as defined under National Instrument 43-101, has reviewed and approved the technical aspects of this news release.

About Surge Battery Metals Inc.

Surge Battery Metals, a Canadian-based mineral exploration company, is at the forefront of securing the supply of domestic lithium through its active engagement in the Nevada North Lithium Project. The project focuses on exploring clean, high-grade lithium energy metals in Nevada, USA, a crucial element for powering electric vehicles. With a primary listing on the TSX Venture Exchange in Canada and the OTCQX Market in the US, Surge Battery Metals Inc. is strategically positioned as a key player in advancing lithium exploration.

About the Nevada North Lithium Project

The Company owns the Nevada North Lithium Project located in the Granite Range southeast of Jackpot, Nevada about 73 km north-northeast of Wells, Elko County, Nevada. The first three rounds of drilling, completed in 2022, 2023, and 2024, identified a strongly mineralized zone of lithium bearing clays occupying a strike length of more than 4,300 meters and a known width of greater than 1500 meters. Highly anomalous soil values and geophysical surveys suggest there is potential for the clay horizons to be much greater in extent, while wide drill spacing allows for significant upside to occur during infill drilling. The Nevada North Lithium Project has a pit-constrained Inferred Resource containing an estimated 8.65 Mt of Lithium Carbonate Equivalent (LCE) grading 2,955 ppm Li at a 1,250 ppm cutoff. The recently completed PEA reported an after-tax NPV8% US $9.17 Billion and after-tax IRR of 22.8% at $24,000/ t LCE and an OPEX of US $5,243/t LCE.

On behalf of the Board of Directors

"Greg Reimer"

Greg Reimer,

President & CEO

Contact Information

Email : info@surgebatterymetals.com
Phone : 604-662-8184
Website: surgebatterymetals.com

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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 document may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan" or "planned", "possible", "potential", "forecast", "intend", "may", "schedule" and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities including lithium and nickel, the accuracy of mineral or resource exploration activity, reserves or resources, the accuracy of cash flow forecasts, projected capital and operating costs, metal processing recoveries, mine life, production rates, regulatory or government requirements or approvals including approvals of title and mining rights or licenses and environmental, local community or indigenous community approvals, the reliability of third party information, continued access to mineral properties or infrastructure or water, changes in laws, rules and regulations including in the United States, Nevada or California or any other jurisdiction which may impact upon the Company or its properties or the commercial exploitation of those properties, currency risks including the exchange rate of USD$ for Cdn$ or other currencies, fluctuations in the market for lithium related products, changes in exploration costs and government royalties, export policies or taxes in the United States or any other jurisdiction and other factors or information. The Company's current plans, expectations, and intentions with respect to development of its business and of its Nevada properties may be impacted by economic uncertainties arising out of any pandemic or by the impact of current financial and other market conditions (including US government subsidies or incentives) on its ability to secure further financing or funding of its Nevada properties. Such statements represent the Company's current views with respect to future events and are necessarily based upon several assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, environmental (including endangered species, habitat preservation and water-related risks) and social risks, contingencies, and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules, and regulations.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267829

FAQ

What is the scope of Surge Battery Metals' (NILIF) fall 2025 drilling program?

The program consists of 4,500 feet (1,370 meters) of drilling across 9 holes, with 5 holes on private lands and 4 on public lands.

What are the objectives of Surge Battery Metals' (NILIF) 2025 drilling program?

The program aims to upgrade the resource to Indicated and Measured categories and collect data for a Pre-Feasibility Study (PFS).

Where is Surge Battery Metals (NILIF) conducting its drilling program?

The drilling program is being conducted at the Nevada North Lithium Project (NNLP), with Premier Drilling Company of Elko, Nevada providing drilling services.

Who is executing the drilling program for Surge Battery Metals (NILIF)?

Premier Drilling Company of Elko, Nevada has been engaged to provide drilling services for the core drilling program.
Surge Battery Metals Inc

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