Surge Battery completes 2025 drilling at Nevada North

Mr. Greg Reimer reports SURGE COMPLETES 2025 INFILL DRILL PROGRAM; CONSISTENTLY INTERSECTS THICK ZONES OF HIGH-POTENTIAL LITHIUM CLAYSTONE Surge Battery Metals Inc. has completed the 2025 core drilling program at its 100-per-cent-owned Nevada North lithium project. The nine-hole program, totalling 4,634.5 feet (1,412.6 metres), achieved all its primary objectives: collecting critical data for the company's planned upgrade to the mineral resource (from inferred to indicated and measured); gathering essential geotechnical and hydrogeological data; and securing bulk samples for metallurgical testwork critical to the planned 2026 prefeasibility study. Highlights of the 2025 drill program: Exceptional clay intercepts: All nine holes encountered significant thicknesses of the target lithium-bearing claystone horizons, visually consistent with high-grade mineralization observed in previous campaigns. Preliminary visual logging indicates that over 1,830 cumulative feet (557.8 metres) of favourable claystone was intersected across the program. Robust thickness and continuity: Drilling confirmed excellent lateral continuity of the main clay horizons across the resource area, reinforcing the geological model. The average composite thickness of favourable claystone per hole was 207.4 feet (63.2 metres), with a maximum composite thickness of 353 feet (107.6 metres) encountered in hole NNL-030: Potential for expansion beyond current model: Drilling results suggest the lithium-bearing basin may extend farther than previously interpreted, indicating potential to expand the known resource footprint with future work. Significant near-surface mineralization: Five of the nine holes encountered the target claystone horizons at or very near the surface (starting within 20 feet or 6.1 metres), highlighting the deposit's favourable geometry for potential low-cost extraction. Consistent mineralization: Visually favourable lithium claystone was intersected across varying depths, demonstrating the deposit's consistency. Even holes intersecting relatively thinner clay sequences, such as NNL-033 with 108.5 feet (33.0 metres), provided valuable data, refining the understanding of basin geometry and geological controls, which further strengthens the resource model. Valuable hydrogeological data are to be continually collected from VWP installations in this hole, in addition to two others. Resource upgrade focus: The infill drilling increased data density within the existing resource footprint, providing the necessary information to support the planned upgrade of inferred resources to indicated and measured classifications -- a crucial step for the PFS. Comprehensive PFS data acquired: The program systematically collected crucial data beyond primary lithium assays, including large-diameter (PQ) core for metallurgical testing, detailed geotechnical logging (conducted by CNI) and hydrogeological data including vibrating wire piezometer installations (overseen by UES). Samples will also be assayed for potential byproduct elements including cesium, rubidium and rare earth elements. Successful operational execution: The program was completed efficiently utilizing two drill rigs, demonstrating the Surge team's ability to manage complex field logistics and pro-actively derisk the project schedule. Next steps Core logging, cutting and sampling are actively under way, and samples are being submitted to ALS Laboratories for assay. In addition to lithium, assays will also analyze potential byproduct elements including cesium, rubidium and rare earth elements. Assay results will be released once received, quality assurance/quality control validated and interpreted. Joint venture update Both Surge and Evolution Mining continue to work toward forming the previously announced joint venture and addressing the U.S. federal government shutdown. In connection with these efforts, the parties have agreed to extend the exclusivity period under their previously announced letter of intent to Nov. 21, 2025. Greg Reimer, chief executive officer and director, commented: "We are extremely pleased with the successful completion of our 2025 drill program at Nevada North. Hitting significant thicknesses of our target claystone in every single hole provides further strong validation of this large, high-grade and near-surface lithium deposit. This program was strategically designed as infill drilling to increase our confidence in the resource and to upgrade significant portions to the indicated and measured categories -- a critical and foundational step required for the PFS. We look forward to receiving assay results and incorporating this new data into an updated resource estimate in the coming months." Qualified person Alan J. Morris, MSc, CPG, of Spring Creek, Nev., geological adviser to the company, a qualified person as defined under National Instrument 43-101, has reviewed and approved the technical aspects of this news release. Mr. Morris has verified the data disclosed respecting the drill program by reviewing all available information. There were no limitations on the verification process. 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, United States, a crucial element for powering electric vehicles. With a primary listing on the TSX Venture Exchange in Canada and the OTCQX market in the United States, Surge Battery Metals is strategically positioned as a key player in advancing lithium exploration. We seek Safe Harbor.