NILIF requires immediate attention.

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Exploration Profile (NILIF) Needs To Be On Immediate Watch Right Now (Here's Why)

(OTC: NILIF) (TSXV: NILI)

June 7th

Greetings Readers,

NILIF requires immediate attention.

First off, in case you didn't see recent news, the company made a recent move that should put them in a favorable position to advance their Nevada North Lithium Project.

Check it out: Surge Battery Metals Announces $7,160,000 Non-Brokered Private Placement Including a Strategic Equity Investment from American Lithium Corp.

Mr. Greg Reimer, Chief Executive Officer, and Director commented, "We are excited to have American Lithium Corp. take this position in our company. As a lithium exploration and development company they have considerable expertise in the lithium space, particularly in Nevada. With this investment, Surge continues to build its expertise as we advance our Nevada North Lithium Project."

NILIF also announced this huge news yesterday: Surge Battery Metals Appoints Board Member Graham Harris as Chairman

Mr. Greg Reimer, Chief Executive Officer, and Director, commented, "Graham has extensive corporate finance and considerable lithium exploration and development experience. In the short time Graham has been a director, we have seen a remarkable transformation at Surge from he and his team's contributions. We welcome his leadership."

And in case you haven't seen it, check out NILIF's chart here.

That's a view of NILIF's 1-month chart which shows that this profile has been moving vertically and quickly over the past month after opening just under $.20 on May 11th before hitting a high over $.46 yesterday.

With a short term move of over 100% already under its belt, what could be next for NILIF?

Take a moment now to review my initial report below and get NILIF on radar now.

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The global transition to cleaner energy hinges on the availability of critical minerals such as lithium and nickel.

Essential for technologies like electric vehicle batteries and energy storage systems, these minerals are in high demand.

As automakers and chemical companies seek to secure supplies, the sustainability and availability of these minerals have become an utmost priority for industry leaders and policymakers.

Forward-thinking companies exploring for clean energy metals that power the electric vehicles of tomorrow could become the top industry disruptors as the world transitions to cleaner energy.

Especially companies who focus on critical minerals such as lithium and nickel.

As demand for electric vehicles and energy storage continues to rise, one under-the-radar company could be ready to stand head and shoulders above the rest:

*Surge Battery Metals Inc. (OTC: NILIF) (TSXV: NILI)*

Surge Battery Metals Inc. is 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.

Essential & Domestic Battery Metals

Nickel and Lithium are the backbone of leading-edge battery technologies while representing the best opportunities to create secure, domestic supply solutions for North American auto makers and battery manufacturers.

Nickel 5%

  • Provides higher energy density
  • Lowers energy storage cost
  • Enables longer drive ranges

Lithium 2%

  • Lithium-ion batteries have one of the highest energy densities
  • Comparatively low maintenance
  • No memory effect

Strategic Battery Metal Targets

The company only targets battery metals that have rapid demand growth forecasts and that are positioned to outperform in the market.

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U.S. Lithium Forecast - A Large Deficit

  • Defense Production Act
  • Inflation Reproduction Act
  • Streamline Permitting?

When President Biden signed the Inflation Reduction Act (IRA) into law, clean energy leaders recognized that this was the largest federal investment in alternative energy and sustainability in American History.

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One In Every Seven Cars Sold Globally Is Now An EV...

...While conventional car sales are down by a quarter in five years

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Lithium Project: Nevada North

NILIF's Nevada North Lithium Project contains a potentially significant lithium clay deposit, the result of a maiden drill campaign. It shares similarities to Lithium America’s Thacker Pass –one of America’s largest lithium clay deposits and Nevada’s Clayton Valley, home to America’s only current lithium production. Follow up drilling will commence this spring to further expand the known lithium bearing clay horizons.

Mapping has identified regional rocks as being of similar age & composition as the McDermitt Tuff that hosts Lithium America’s Thacker Pass lithium deposit, one of America’s largest.

  • Exploration results to date have exceeded expectations.
  • A highly anomalous zone containing sample points of 1,000 ppm lithium extends ~1,700 meters east-west in 2 bands, each ~300-400 meters wide.
  • Results achieved include some of the highest lithium values (as high as 5,120 ppm) reported to date in Nevada.
  • Drilling in eight holes has confirmed the presence of an extensive lithium bearing clay deposit open to extension.
  • Phase 2 infill drilling estimated budget of USD$500k.
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Lithium Project: San Emidio

The San Emidio Lithium Project’s geologic setting, combined with the presence of lithium in both active geothermal fluids and surface salts within the San Emidio Property, match characteristics of lithium brine and clay deposits at Clayton Valley, Nevada - home to America’s only current lithium production - and in South America.

  • Geothermal fluids adjoining the claims are known to contain anomalous lithium values.
  • Recently completed sediment sampling showed up to 852 parts per million lithium (mean 365 ppm) while results from two 7-foot auger holes showed lithium concentrations up to 773 ppm.
  • Lithium in brine and clay potential of the playa has yet to be specifically studied.
  • Recent exploration results are highly encouraging and warrant a detailed exploration drilling for a Clayton Valley type brine and clay deposit.

Lithium Project: Teels Marsh West

The Teels Marsh Lithium Project’s geologic setting, combined with the presence of lithium in nearby active geothermal fluids and surface salts within the Property, match characteristics of lithium brine and clay deposits at Clayton Valley, Nevada –home to America’s only current lithium production.

  • In 2016, shallow auger hole sampling resulted in lithium values ranging from 8.0 to 104.5 ppm.
  • The two best sample results (93.2 and 104.5) were obtained downstream of thermal springs on the western part of the property.
  • Lithium concentrations of up to 850 ppm have been reported from earlier sampling programs by the US Geological Survey (ORF: 76-567) at Teels Marsh.

Nickel Project: British Columbia Nickel Project

The BC Nickel project is comprised of the HN4 Nickel group and the N100 Nickel group. Both HN4 and N100 have confirmed elevated nickel values in soil and rock samples, and highly elevated magnesium content usually greater than 15%MG. HN4 is partially underlain by rocks like those hosting the Decar Project, in which FPX has invested ~$25M to explore & develop to date.

The HN4 Claim Block’s exploration targets are bordering or in close proximity to FPX Nickel Corp.’s Decar Project where their potentially carbon neutral Baptiste deposit has recently been confirmed as one of the world’s most robust large scale nickel projects. The N100 Group of claims has confirmed elevated values of nickel, cobalt and chromium in rocks and stream sediments, and documented presence of awaruite.

  • Good access by paved and gravel roads & helicopter.
  • Hydroelectric power lines cross the region.
  • Inactive CNR rail line short distance to east [Hard Nickel] & BC Rail line ~12 km to south [Nickel 100].
  • Work programs in 2021 and 2022 included prospecting, geological mapping, rock soil sampling and a 3 hole diamond drill program from which we await results.
  • Exploration programs are awarded to Hardline Exploration of Smithers, BC. Surge Battery Metals filed a 43-101 Technical Report on Nov. 16, 2021.Metallic mineralization includes nickel, cobalt and chromium.
  • Some nickel mineralization occurs as awaruite, a naturally occurring nickel-iron alloy first discovered in the area in 1983; awaruite is important in the manufacture of environmentally-friendly EV batteries.
  • Reports of exploration on and around the property are available dating back to 1974.

Grab Key Details And Sources Here

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NILIF Has Been All Over The Headlines Recently

#1. Surge Battery Metals Announces $7,160,000 Non-Brokered Private Placement Including a Strategic Equity Investment from American Lithium Corp.

VANCOUVER, BC / ACCESSWIRE / June 1, 2023 / Surge Battery Metals Inc. (the "Company" or "Surge") (TSXV:NILI)(OTC PINK:NILIF)(FRA:DJ5C) is pleased to announce a non-brokered private placement (the "Private Placement") of up to 17,900,000 units (the "Units") at a price of $0.40 per Unit. Each Unit will consist of one common share and one share purchase warrant (the "Warrants"). Each share purchase warrant will be exercisable for a period of three years from the date of issuance at a price of $0.55 per share. The Private Placement may close in tranches.

...

Mr. Greg Reimer, Chief Executive Officer, and Director commented, "We are excited to have American Lithium Corp. take this position in our company. As a lithium exploration and development company they have considerable expertise in the lithium space, particularly in Nevada. With this investment, Surge continues to build its expertise as we advance our Nevada North Lithium Project."

#2. Surge Battery Metals Underway with Preparation of an Exploration Plan of Operations and a Reclamation Plan for the Nevada North Lithium Project

WEST VANCOUVER, BC / ACCESSWIRE / May 11, 2023 / Surge Battery Metals Inc. (the "Company" or "Surge") (TSXV:NILI)(OTC PINK:NILIF)(FRA:DJ5C) is pleased to announce that the Company has engaged environmental consultants, NewFields Companies LLC (NewFields) of Atlanta, Georgia to initiate the permitting process and baseline data collection required in preparation of an Exploration Plan of Operations (EPO) and Reclamation Plan.

The Nevada North Lithium Projects' (NNLP) boundary encompasses approximately 4,785 acres of Bureau of Land Management (BLM) administered land. Surge Battery Metals has been conducting exploration activities within the NNLP area under a Notice of Intent (NOI), allowing the Company to disturb up to 5 acres of land with ongoing reclamation. Exploration results to date are promising, and Surge Battery Metals is planning on expanding their exploration activities within the NNLP claim boundary located in Elko County, Nevada. ...

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Mr. Greg Reimer, Chief Executive Officer, and Director commented, "We are fortunate to be able to retain NewFields as they are one of the leaders in their field of expertise. We look forward to collaborating with their team of scientists with the goal to be able to have all the requirements needed for submission of a Plan of Operations to the Bureau of Land Management (BLM), a process which will be needed for future drilling."

#3. Surge Battery Metals Reports Successful Results from Metallurgical Test Work for the Nevada North Lithium Project

WEST VANCOUVER, BC / ACCESSWIRE / May 4, 2023 / West Vancouver, BC; Surge Battery Metals Inc. (the "Company" or "Surge") (TSXV:NILI)(OTC PINK:NILIF)(FRA:DJ5C) is pleased to report that in February 2023, the Company initiated Acid Leach Test Work and a Mineral Identification Study via Clay Speciation by X-Ray Diffraction on lithium bearing clays recovered from the maiden reverse circulation (RC) drill program of 2022 on its Nevada North Lithium Project ("NNLP").

Acid Leach Test

In the first part of the program the laboratory facility of Kappes, Cassiday & Associates (KCA) received reverse circulation (RC) drill interval samples from the NNLP. The material was prepared and utilized for head analyses and scoping acid leach test work. Portions of as received and pulverized material from each composite sample were utilized for scoping leach test work. Minus 6.3-millimeter (as-received) material was utilized for water leach testing (ALT) and pulverized material (target 100% passing 0.106 millimeters) was utilized for acid leach testing.

The results can be summarized as follows:

  • The assayed heads and calculated heads had good agreement in this test program.
  • The water leach tests of the composite samples did not show significant amounts of water-soluble lithium.
  • Effective leaching of the lithium could be accomplished in 24 hours at ambient temperature with sulfuric acid consumptions ranging from 328 to 574 kilograms per metric tonne.
  • Head screening test showed that Lithium values in the process feed were significantly reduced in the +0.075m fraction, thus overall feed values can likely be increased, and carbonate can be reduced by wet screening the feed material.

...

Surge Battery Metals' CEO, Mr. Greg Reimer, commented, "The mineralogical studies recently completed on the Nevada North Lithium Project are an important component in developing our understanding of the type of lithium bearing clays discovered in our first round of drilling. We are encouraged by these early results as effective leaching of our lithium bearing clays has been demonstrated in the lab. Mineralogical studies will continue to be part of our exploration efforts as we look forward to commencement of the next round of drilling as soon as weather and ground conditions permit."

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Coverage is officially initiated on NILIF. When time permits, do this:

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Get NILIF on your radar now.

Sincerely,

Kai Parker

StockWireNews


(Always Remember The Stock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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