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AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0% AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0%
Production / Operations

Surge JV to complete Nevada North resource estimate

By The Northwire Desk — AI Analysis Mar 24, 2026 · 16:30 NILI · 0.52 Surge Battery Metals Inc.
NILI · Price

Executive Summary

  • Surge Battery Metals Inc. (via its joint venture Nevada North Lithium LLC) has engaged Respec to complete an updated mineral resource estimate (MRE) for the Nevada North lithium project.
  • The updated MRE is expected to be delivered by late April 2026, following the processing of data from a successful 2025 drill program.
  • A key objective of the update is converting inferred resources to measured and indicated categories to support the ongoing prefeasibility study led by Fluor Corp.

Key Details

  • Engagement: Nevada North Lithium LLC (a joint venture between Surge Battery Metals Inc. and Evolution Mining Ltd.) engaged Respec, a global geoscience and engineering firm, to perform the updated MRE.
  • Timeline: The updated MRE is expected to be delivered by late April 2026.
  • Data Status: All geological data from the 2025 drill program have been processed, and a comprehensive 3-D geological model has been handed over to Respec.
  • Technical Objective: The primary goal is to convert a significant portion of the current inferred resource into higher-confidence measured and indicated categories.
  • Strategic Purpose: The upgraded resource will serve as the foundational geological baseline for the continuing prefeasibility study, which is being advanced by Fluor Corp.
  • Qualified Person: Alan J. Morris, MSc, CPG, of Spring Creek, Nev., served as the qualified person under National Instrument 43-101, reviewing and approving the technical aspects.

Notable Quotes

  • Greg Reimer, president, chief executive officer and director of Surge: "This upcoming MRE update is a significant milestone for the NNLP. The 2025 drill program was successful in confirming the continuity, true thickness and premium grade of the Nevada North deposit. By upgrading this resource to the measured and indicated categories, we continue to derisk the asset and provide our world-class engineering partners at Fluor with the high-confidence data they need to finalize our prefeasibility flow sheet."
Read the original news release →

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Production / Operations May 14, 2026 · 07:01

Surge Battery Metals’ Nevada North resource upgrade converts 10.5Mt LCE to M&I, dramatically de-risking its premier lithium clay project ahead of the Q4 2026 PFS.

Resource Estimate