Surge Battery Metals Inc · TSXV:NILI

Surge Battery Metals — Investor Presentation (March 2025)

19 slides from Surge Battery Metals's investor presentation, Mar 5, 2025

  1. Slide 1: Securing American Energy Independence

    SECURING AMERICAN ENERGY INDEPENDENCE CORPORATE PRESENTATION 2025 TSXV: NILI | OTCQX: NILIF | FRA: DJ5 www.surgebatterymetals.com

  2. Slide 2: Disclaimer

    DISCLAIMER Surge Battery Metals Inc. (“Surge Battery Metals” or “the Company”), has taken all reasonable care in producing and publishing information contained in this presentation, and will endeavor to do so regularly. Material in this presentation may still contain technical or other inaccuracies,

  3. Slide 3: About Surge Battery Metals

    About Surge Battery Metals Who We Are: • Surge Battery Metals is a mineral exploration company committed to advancing America's mineral independence by reducing reliance on China for critical resources. We are working on securing the supply of high-grade lithium essential for national security and t

  4. Slide 4: Investor Highlights

    Investor Highlights • Exploration Plan of Operation Permit Approved. Expanding Allowable Exploration disturbance from 5 acres to 250 acres. • Mineral Resource Estimate (MRE) Highest Grade Lithium Clay Resource in the USA with 11.24 Mt LCE at • The BLM issued a Record of Decision (ROD) and 3,010 PPM

  5. Slide 5: Proven Management Team

    Proven Management Team Our team has the know-how to grow the Company rapidly and sustainably, from business building to strategy, marketing, capital markets and administration. GRAHAM HARRIS Chairman, Director DR. VIJAY MEHTA • Founder, Chair and Director of Millennial Lithium Corp. which was recent

  6. Slide 6: Nevada North Lithium Project (NNLP) Location

    Nevada North Lithium Project (NNLP) Location 100% Interest in Surge Claim Block 0% NSR in Surge Claim Block 12,890 acres 5,216 hectares Elko County, Nevada, USA Granite Range Major power line 13 km (8 mi) to the east Property access by 32 km (20 mi) of county- maintained gravel roads & 5 km (3 mi) o

  7. Slide 7: 2022 & 2023 Drilling Programs

    2022 & 2023 Drilling Programs • 2022 8-hole drill program found high-grade lithium at or near surface – 3254 ppm lithium average • 2023 12-hole drill program achieved the highest grades to date at 8,070 ppm Li and expanded the mineralization footprint by 100% - Average Lithium Grade 3,300 ppm • High

  8. Slide 8: 2024 Drilling Program

    2024 Drilling Program • Expanded Mineralized Zone: Extended deposit footprint to the south, west, and east, covering up to 849 acres (3.44 sq km). • Lateral Continuity Confirmed: Strengthened confidence in continuous stratiform lithium clay layers. • New Exploration Targets: Identified high-grade, n

  9. Slide 9: NNLP 2024 Resource Estimate

    NNLP 2024 Resource Estimate Section 2 Geology Subsection Looking East CU3 Horizon Resource Pit Shell Approximate NSR value per tonne at US$20,000/t LCE and 73.5% recovery: Purple >= US$313 / tonne | Red >= US$235 / tonne Orange >= US$156 / tonne | Yellow >= US$98.5 / tonne • Resource Estimate (RE) h

  10. Slide 10: Nevada North Exploration Plan of Operations (EPoO) Approved

    Nevada North Exploration Plan of Operations (EPoO) Approved Key Permitting Milestone • Surge Battery Metals has received BLM approval for the Nevada North EPoO, expanding allowable exploration disturbance from 5 acres to 250 acres. • The BLM issued a Record of Decision (ROD) and Finding of No Signif

  11. Slide 11: Metallurgical Testing Work

    Metallurgical Testing Work Technical Grade 99% Purity • Completed April 9th 2024. • First stage of metallurgical testing on clays has achieved the goal of producing lithium carbonate at a dry-basis purity greater than 99% Li2CO3. • Preliminary bench-scale process tests was conducted by Kemetco Resea

  12. Slide 12: Key Catalysts for 2025 | 2026

    Key Catalysts for 2025 | 2026 • Exploration Plan of Operations Permit – Approved: Surge has received approval for the EPoO permit from the Bureau of Land Management. The 30-day NEPA Comment Period has been completed, and the BLM has issued its final decision. • Preliminary Economic Assessment (PEA):

  13. Slide 13: Lithium Bearing Clay Deposits

    Lithium Bearing Clay Deposits CORPORATEPRESENTATION2025 TSXV:NILI |OTCQX: NILIF |FRA: DJ5 13

  14. Slide 14: Lithium Bearing Clay Deposits

    Lithium Bearing Clay Deposits Share Market Resource Resource Resource Factset Project Cash Debt EV Resources Company Exchange Price Cap Tonnes Grade Grade Field Name Local US$, M US$, M US$, M US$, M (MT) (Li PPM) (Li2O %) (Mt LCE) GanFeng Lithium (Son Only) 002460-CN Shenzhen Sonora 34.47 7,102.2 1

  15. Slide 15: CORPORATE PRESENTATION 2025 TSXV:NILI |OTCQX: NILIF |FRA: DJ5

    CORPORATEPRESENTATION2025 TSXV:NILI |OTCQX: NILIF |FRA: DJ5 15

  16. Slide 16: CORPORATE PRESENTATION 2025 TSXV:NILI |OTCQX: NILIF |FRA: DJ5

    CORPORATEPRESENTATION2025 TSXV:NILI |OTCQX: NILIF |FRA: DJ5 16

  17. Slide 17: Commitment to ESG

    COMMITMENT TO ESG Environment: • Minimizing our environmental impact ​ • Biological surveys completed at Nevada North Lithium Project • Environmental Baseline inventory completed • Water stewardship: hydrological surveys underway • Going above and beyond requirements Social: • Committed to the long-

  18. Slide 18: Share Structure

    Share Structure Share Structure Issued & Outstanding: 165,023,658 Options Outstanding: 10,453,000 Warrants Outstanding: 29,744,688 RSU’s Outstanding 13,218,000 PSU’s Outstanding 13,218,000 Fully Diluted: 218,439,346 Transfer Agent Auditor Legal Odyssey Trust Company DMCL Chartered Professional Accou

  19. Slide 19: TSXV: NILI | OTCQX: NILIF | FRA: DJ5

    info@surgebatterymetals.com www.surgebatterymetals.com (604) 662-8184 300-1455 Bellevue Avenue West Vancouver, BC V7V 3P3 TSXV: NILI | OTCQX: NILIF | FRA: DJ5

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