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Surge Battery Metals Expansion Drilling Intersects High Grade Lithium Clay South of Resource Area: Wide Intercepts up to 91.4 M @3,800 PPM Li Returned, Increases Strike Length 1.3KM
West Vancouver, British Columbia--(Newsfile Corp. - July 23, 2024) - Surge Battery Metals Inc. (T...
About this update from Surge Battery Metals Inc
[{"type":"text","content":"\nSurge Battery Metals Expansion Drilling Intersects High Grade Lithium Clay South of Resource Area: Wide Intercepts up to 91.4 M @3,800 PPM Li Returned, Increases Strike Length 1.3KMWest Vancouver, British Columbia--(Newsfile Corp. - July 23, 2024) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the \"Company\" or \"Surge\") is pleased to announce the first half of certified assays results from its 2024 drilling program for the four holes located on private surface land holdings (see news release dated April 4, 2024) at its Nevada North Lithium Project (NNLP). HighlightsNNL-021: 50.3m @ 3,813 Li PPM (Inc. 45.7m @ 4,051 Li PPM)NNL-022: 91.4m @ 3,800 Li PPM (Inc. 82.3m @ 4,038 Li PPM)NNL-024: 80.8m @ 3,236 Li PPM (Inc. 51.8m @ 4,020 Li PPM)2024 RC Drilling continues to intersect high-grade lithium mineralization up to 7,680 ppm at the NNLP and has extended drill-indicated mineralization 1,300 meters to the south from existing holes. Today's results now increase the lithium mineralization over a North South strike length from 3 km to 4.3km, which is a 43% increase over the current inferred resource area. Lithium mineralization is present within 15m of surface in all holes, even starting at surface in two holes, and extending to 122m below surface. The results of these drill holes are expected to expand the existing inferred resource of 4.67 million tonnes of lithium carbonate equivalent grading 2,839 parts per million lithium at a 1,250 ppm Li cut-off (see Figure 1). Drilling operations proceeded smoothly and with minimal interruptions. Logging by Surge geologists has been reconciled with assay data, validating the occurrence of Li-bearing clay mineralization consistent with holes drilled in 2022 and 2023. These first four holes, all drilled on private land, were designed to test the upper package of clay units and did not penetrate the lower clays intersected in previous phases of drilling. Mr. Greg Reimer, Chief Executive Officer, and Director commented, \"We are very pleased with todays results which confirmed that thick, high-grade and near-surface lithium mineralization continues to the south of our resource area. We see the same pattern in 2024 drilling as we have in 2023 and 2022 drilling where the highest lithium grades start at or near surface and should bode well for an updated resource estimate and P...