(TheNewswire)
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Vancouver, BC - TheNewswire - July 13, 2023 - Surge Battery Metals Inc. (the “Company” or “Surge”) (TSXV:NILI) (OTC:NILIF) (FRA:DJ5C) is pleased to announce that Dr Vijay Mehta has joined the Board of Directors of the Company effectively immediately. Dr Vijay Mehta holds a BSc in Chemistry and a Ph.D. in Flotation Technology.
A world-renowned expert in lithium mining, extraction, and processing, Dr. Vijay Mehta brings to Surge Battery Metals five decades of experience. He has consulted to all the “Who’s Who” in the global lithium mining industry. His services are sought-after for his expertise in innovation in lithium brine processing, as well as the production at industrial scale of high-purity (battery grade) lithium end products. His skills include evaluating the technological and economic feasibility of lithium brine projects around the world, as well as cost competitive analysis comparisons. Among his many scientific accomplishments, he holds more than 12 lithium-related US patents, and has published over 50 technology reports and, as well as ten academic papers.
Graham Harris, Chairman, commented, “We are delighted that Dr Mehta has taken the decision to join the Board of Surge Battery Metals. Vijay has an extraordinary resume and is a recognized leader in the field when it comes to understanding lithium metallurgy, processing, and production. I had the pleasure of working with Vijay at Millennial Lithium where he was instrumental in our success, which resulted in the sale to Lithium Americas for $490M. Dr Mehta will initially review the Company’s metallurgical test work on the drill cuttings from the Phase 1 drilling and on core samples from all subsequent drilling and bulk sampling campaigns. He will advance the use of those findings for future process and plant design technical studies for the Nevada North Lithium Project. We greatly value Dr Mehta’s experience and expertise as it will be invaluable to the Company over the coming years.”
In connection with the appointment of Dr. Vijay Mehta to the Company’s Board of Directors, the Company has received the resignation from Mr. Robert Culbert. The Company wishes to thank Mr. Culbert for his contributions as a director and wishes him well in his future endeavors.
About Surge Battery Metals Inc.
The Company is a Canadian-based mineral exploration company active in the exploration for lithium in Nevada whose primary listing is on the TSX Venture Exchange. The Company's maintains a focus on exploration for high value battery metals required for the electric vehicle (EV) market.
About the Nevada North Lithium Project
The Company owns a 100% interest, without any royalties, in the Nevada North Lithium Project, consisting of 303 mineral claims, located in the Granite Range southeast of Jackpot, about 73 km north-northeast of Wells, Elko County, Nevada. The first round of drilling, completed in October 2022, identified a strongly mineralized zone of lithium bearing clays occupying a strike length of almost 1,620 meters from drillhole NN2205 in the north to drill hole NN2208 in the south. Widths of the mineralized horizons are not well determined since the holes are mostly on a north-south alignment, however, widths are at least 400 metres, supported by highly anomalous soil values indicating potential for the clay horizons to be much greater in extent. The potential for a significant lithium deposit can be illustrated by the results of drillhole NN2207 which intersected the thickest intervals of lithium-rich claystone encountered to date; a total of 120.4 metres (395 feet) averaging 3,943 ppm lithium in four zones. Additionally, drillhole NN2208 had the strongest downhole individual sample of 5,950 ppm lithium between 45 and 50 feet (13.72 and 15.24 metres). The average lithium content within all near surface clay zones intersected in 2022 drilling, applying a 1000 ppm cut-off, was 3254 ppm. (Press release March 29,2023)
Qualified Person as Defined Under National Instrument 43-101
Alan J. Morris, MSc, CPG of Spring Creek, Nevada, a Qualified Person as defined under Nation Instrument 43-101 has reviewed and approved the technical aspects of this news release.
On behalf of the Board of Directors
“Greg Reimer”
Greg Reimer,
President & CEO
Contact Information
Email: info@surgebatterymetals.com
Phone: 778-945-2656
Website: surgebatterymetals.com
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, 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 a number of 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.
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