“Surge battery Metals ($NILI - TSXV) ($NILIF - US OTC) has made a lithium discovery with striking similarities to the high-grade lithium deposit of Lithium Americas in Nevada. The Nevada North Lithium Project owned 100% by Surge is located 290 kms east of the McDermitt Caldera which hosts the Thacker Pass deposit in likely a completely new lithium district. Coincidentally regional mapping has identified the Jarbidge Rhyolite thought to be present at the Nevada North project as having a similar age and composition to the Thacker Pass deposit.
Thacker Pass has lithium grades in lakebed sedimentary claystone and clays three to four times the grade of regular lithium clay deposits in Nevada. The lower grade deposits were theorized to be formed by a two-step process of diagenesis of lakebed tuffaceous sediments within the basin and leaching of lithium by meteoric waters from surrounding rhyolite rocks and deposition into the basin.
With Thacker Pass a third step occurs which greatly increases the lithium content of the lithium rich lakebed sediments. The presence of welded rhyolite tuffs just below the lakebed sediments is key. These very hot glassy rhyolites cool and degas over hundredsof thousands of years carrying lithium rich gas into the overlying lake beds in great quantities. These gassy welded tuffs are not present in the basement rocks of the 1000 ppm lithium deposits of the Clayton Valley for example.” - Wind (CEO.ca)
Surge Battery Metals Inc. (the "Company" or "Surge") (TSXV:NILI)(OTC PINK:NILIF)(FRAJ5C) is pleased to
release the assay results from holes NN2207 and NN2208 at the 100% owned Nevada North Lithium Project in Elko County, Nevada. Hole NN2207 intersected the thickest intervals of lithium rich claystone encountered to date, a total of 120.4 meters (395 feet) averaging 3943 ppm lithium in four zones. NN2208 had the strongest individual sample interval (5950 ppm lithium between 45 to 50 feet, 13.72 to 15.24 meters) of the maiden 2022 program.
- Excerpt from Jan 3, 2023 Press Release.
First drill program yields intercepts that rival Lithium Americas ($LAC) Thacker Pass deposit which is regarded as the highest grade (Clay) & Largest Lithium Deposit in USA.
Thacker’s average grade is 3288ppm Lithium with a maximum depth of 120 meters.
Surge Hole7 intercepted 120.4 meters of 3943ppm Lithium in maiden drilling.
1600 meters of Strike confirmed & open.*Poster holds securities in Surge Battery Metals*
