Surge Battery Metals Inc. [TSXV-NILI; OTC-NILIF; FSE-DJ5C] reported certified assay results from hole NN2305 Nevada North lithium project (NNLP), Nevada, confirm high-grade mineralization starting from surface totalling 15.2 metres (m) at 3,926 parts per million (ppm) lithium (Li).
Drill hole NN2305 (drill site location N), which is a 150-metre step-out to the south of NN2201, returned positive results ranging from the 1,000-part-per-million cut-off to 4,850 ppm Li. This includes a horizon starting from surface which returned 15.2 metres at 3,926 ppm Li, within a broader interval of 19.1 metres at 3,437 ppm Li. These results confirm high-grade lithium clay at surface with no overburden stripping required at this location. Significantly, an overall total of 54.1 m of clay was intersected with an average grade of 3,003 ppm Li.
Greg Reimer, CEO and director, commented: “We are very pleased with NN2305 results which has delivered at-surface results of almost 4,000 ppm Li. NNLP continues to produce high-grade lithium intercepts near surface which should result in favourable mining conditions in future economic studies.”
S&P Global Mobility survey finds EV affordability tops charging and range concerns in slowing EV demand
Although battery-electric vehicles are getting closer to price parity with their internal combustion siblings, the affordability factor is the main reason…
Hertz Lithium multi-prong lithium exploration and extraction technology investment
Hertz Lithium Inc. [HZ-CSE, HZLIF-OTC, QE2-FSE] is a company that offers a unique diversification opportunity…
Have Japan’s automakers become battery EV players? Or are they still playing catch up?
The answer, based on what we saw at the Japan Mobility Show, with highlights from the Toyota booth and an interview with Lexus: a bit of both