Surge Battery Metals Inc. V.NILI

Lithium demand to grow at least 30 times by 2040

[MarketMakerss]

Forecasted to become a major force growing at least 30 times by 2040, lithium demand is set tp quickly outpace supply with the growing demand for EVs spurring interest in regionalizing supply chains for greater security, sustainability and lower costs.
 

Additionally, we are likely in the early stages of a commodities supercycle as the lag between commodity price signals and changes in supply is widening, creating a significant market opportunity.

Surge Battery Metals (NILI.v NILIF) is one company that is strategically positioned to take advantage of this opportunity with its diverse portfolio of claims across BC and Nevada.
 

Nevada holds the top-ranked jurisdiction worldwide for mining investment according to the Fraser Institute's annual report which ranks 62 jurisdictions worldwide based on geological attractiveness with minerals and metals and government policies encouraging or discouraging both exploration and investment, including permit times.
 

NILI is set to begin a drill program imminently at its Nevada North Lithium Project which consists of 243 mineral claims over 1,946 hectares with significant lithium content ranging from 29.1 ppm to 5,120 ppm, including 274 samples of 508 carrying 1,000 ppm Li or greater.
 

NILI will be drilling 7 new locations at Nevada North 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, as well as to determine continuity between the 2022 holes drilled.
 

While NILI is still in the early stages, it's well positioned for growth going forward with enough capital to expedite and complete its 2H 2023 exploration programs.
 

For more information, check out this NILI feature from Benzinga: https://www.benzinga.com/pressreleases/23/05/ab32309435/surge-battery-metals-strengthens-balance-sheet-and-executive-team-to-accelerate-ambitious-2h2023-

All signs point to the early stages of a new “commodity supercycle": https://aheadoftheherd.com/all-signs-point-to-the-early-stages-of-a-new-commodity-supercycle-richard-mills/

Posted on behalf of Surge Battery Metals Inc.