Golden opportunity to capitalize on rapidly growing EVmarket Lithium is a golden opportunity to capitalize on the rapidly growing electric vehicle and energy storage markets as the increasing demand for sustainable and efficient energy sources will drive lithium's value in the global economy.
One company that provides significant exposure to lithium with a drill program set to begin shortly, is Surge Battery Metals (NILI.v NILIF), a Canadian-based exploration company focused on locating & developing high-value deposits of clean energy battery metals that are vital to the rapidly growing electric vehicle (EV) market.
NILI is starting the week off strong with above-average volume following NILI's recently reported successful results from its metallurgical test work at its Nevada North Lithium Project!
The results demonstrate the effective leaching of lithium-bearing clays and have several important applications including indicating the presence of mineralization and identifying fine-grained phases.
Consisting of 243 mineral claims over 1,946 hectares, Nevada North has significant lithium content ranging from 29.1 ppm to 5,120 ppm. Assay results previously received revealed that, of 508 drill samples obtained at 1.52m or 5ft intervals, 274 samples carried 1,000 ppm Li or greater.
NILI plans to drill 7 new locations at its Nevada North Lithium Project in mid-May 2023 within an extensive surface geochemical covering an area of about 1,700m east-west.
The new targets were selected to expand the currently identified lithium deposit to the west and north and to determine continuity between the 2022 holes drilled.
Posted on behalf of Surge Battery Metals Inc.