Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Surge Battery Metals unearths highest-grade lithium resource in the US - PDAC 2024 By: TheNewswire.com March 18, 2024 at 12:48 PM EDT Surge Battery Metals Inc (TSX-V:NILI, OTCQX:NILIF) CEO Greg Reimer discusses the company's Nevada North Lithium Project with Proactive's Angela Harmantas at PDAC 2024. The project, located in northeastern Nevada, focuses on a lithium clay deposit. Following surface sampling in 2021 and 2022, and drilling in 2022 and 2023, the company has published its maiden mineral resource estimate. This estimate revealed a substantial resource of 4.7 million tonnes at 2,900 parts per million, including a high-grade segment of 4.1 million tonnes at approximately 3,100 parts per million, making it the largest and highest-grade lithium resource in the United States. The company anticipates announcing optimisations to the lithium extraction process in collaboration with Dr Vijay Mehta, a noted expert in lithium processing, and Cameco consultants. Further developments include a spring and summer drilling program aimed at increasing resource size and grade, and a preliminary economic assessment scheduled for late fall. The company is also expanding its exploration scope with the Bureau of Land Management, seeking approval for a 250-acre drilling operation. Reimer emphasized the shallow depth (within 250 feet of the surface) of the high-grade resource, potentially enhancing the project's economic feasibility. Contact DetailsProactive North AmericaProactive North America+1 604-688-8158NA-editorial@proactiveinvestors.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Surge Battery Metals unearths highest-grade lithium resource in the US - PDAC 2024 By: TheNewswire.com March 18, 2024 at 12:48 PM EDT Surge Battery Metals Inc (TSX-V:NILI, OTCQX:NILIF) CEO Greg Reimer discusses the company's Nevada North Lithium Project with Proactive's Angela Harmantas at PDAC 2024. The project, located in northeastern Nevada, focuses on a lithium clay deposit. Following surface sampling in 2021 and 2022, and drilling in 2022 and 2023, the company has published its maiden mineral resource estimate. This estimate revealed a substantial resource of 4.7 million tonnes at 2,900 parts per million, including a high-grade segment of 4.1 million tonnes at approximately 3,100 parts per million, making it the largest and highest-grade lithium resource in the United States. The company anticipates announcing optimisations to the lithium extraction process in collaboration with Dr Vijay Mehta, a noted expert in lithium processing, and Cameco consultants. Further developments include a spring and summer drilling program aimed at increasing resource size and grade, and a preliminary economic assessment scheduled for late fall. The company is also expanding its exploration scope with the Bureau of Land Management, seeking approval for a 250-acre drilling operation. Reimer emphasized the shallow depth (within 250 feet of the surface) of the high-grade resource, potentially enhancing the project's economic feasibility. Contact DetailsProactive North AmericaProactive North America+1 604-688-8158NA-editorial@proactiveinvestors.com
Surge Battery Metals Inc (TSX-V:NILI, OTCQX:NILIF) CEO Greg Reimer discusses the company's Nevada North Lithium Project with Proactive's Angela Harmantas at PDAC 2024. The project, located in northeastern Nevada, focuses on a lithium clay deposit. Following surface sampling in 2021 and 2022, and drilling in 2022 and 2023, the company has published its maiden mineral resource estimate. This estimate revealed a substantial resource of 4.7 million tonnes at 2,900 parts per million, including a high-grade segment of 4.1 million tonnes at approximately 3,100 parts per million, making it the largest and highest-grade lithium resource in the United States. The company anticipates announcing optimisations to the lithium extraction process in collaboration with Dr Vijay Mehta, a noted expert in lithium processing, and Cameco consultants. Further developments include a spring and summer drilling program aimed at increasing resource size and grade, and a preliminary economic assessment scheduled for late fall. The company is also expanding its exploration scope with the Bureau of Land Management, seeking approval for a 250-acre drilling operation. Reimer emphasized the shallow depth (within 250 feet of the surface) of the high-grade resource, potentially enhancing the project's economic feasibility. Contact DetailsProactive North AmericaProactive North America+1 604-688-8158NA-editorial@proactiveinvestors.com