Lithium Exploration
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Surge Announces Initial JV Funding from Evolution Mining Limited
Newsfile· 2025-12-10 12:00
West Vancouver, British Columbia--(Newsfile Corp. - December 10, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5C) (the "Company" or "Surge"), is pleased to announce that Nevada North Lithium LLC, ("NNL") the joint venture formed by subsidiaries of each of the Company and Evolution Mining Limited (together with its subsidiary, "Evolution") has received the initial CA$3,000,000 funding obligation of Evolution pursuant to the terms of NNL's amended and restated operating agreement. Co ...
Surge Announces Entering into Joint Venture with Evolution Mining Limited
Newsfile· 2025-12-02 18:22
West Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge"), through its wholly-owned U.S. subsidiary, Surge Battery Metals USA Inc. ("Surge US"), is pleased to announce (pursuant to its November 27, 2025 news release) that it has entered into an amended and restated operating agreement dated December 2, 2025 (the "JV Agreement") with a subsidiary of Evolution Mining Limited (collectively, "Evolution"), ...
Arbor Metals Closes $1 Million Private Placement
Thenewswire· 2025-11-19 22:00
Core Viewpoint - Arbor Metals Corp. has successfully closed a non-brokered private placement, raising $1,000,000 through the issuance of 5,000,000 units at a price of $0.20 per unit, aimed at funding exploration and development projects in Quebec [1][2]. Group 1: Financial Details - The Offering consists of 5,000,000 units priced at $0.20 each, resulting in gross proceeds of $1,000,000 [1]. - Each unit includes one common share classified as a "flow-through share" and one-half of a share purchase warrant, with each whole warrant exercisable at $0.25 until November 19, 2028 [1]. - The Company issued 500,000 shares and 250,000 Finders' Warrants to an arms-length party for introducing the investor, with Finders' Warrants also exercisable at $0.25 until November 19, 2028 [3]. Group 2: Project Focus - Proceeds from the Offering will be directed towards the Jarnet Lithium Project and the Ernest REE Project, both located in Quebec [2]. - The Jarnet and Corvette Lake lithium projects are contiguous to the Corvette-FCI property, which has confirmed significant lithium mineralization through diamond drilling [5]. - The Kemlee Lake Lithium project is strategically located near Rock Tech Lithium Inc.'s claims and shares geological similarities with the Georgia Lake deposit, targeting spodumene-bearing pegmatites [6]. Group 3: Company Overview - Arbor Metals Corp. is a mining exploration company focused on developing high-value mineral projects globally, emphasizing advanced mineral exploration and quality project management [4].
Brunswick Exploration Drills 47.2 Meters at 1.66% Li2O Within 120.7 Meters at 1.31% Li2O
Globenewswire· 2025-11-17 10:00
Core Insights - Brunswick Exploration Inc. has announced positive inaugural drilling results from its Anatacau Main Project in Quebec, revealing multiple large spodumene-bearing pegmatites with rich lithium mineralization [1][3][4] Drilling Results - The drilling campaign included six diamond drill holes totaling 750 meters, with all holes intercepting mineralized pegmatites [15] - Significant intercepts include drill hole AN-25-05, which showed 1.31% Li2O over 120.7 meters, with a true thickness estimated between 65% and 85% [5][9] - High cesium values were also noted, with up to 1.46% Cs2O over 1 meter in some intervals [5][9] Project Potential - The Anatacau Main Project is located along a major deformation corridor similar to the neighboring Galaxy deposit owned by Rio Tinto, which has a resource of 54.3 million tonnes at 1.30% Li2O [3][4] - The company controls over 18 kilometers of this prospective corridor, indicating significant exploration potential [3][4] - The mineralized pegmatite dykes exhibit excellent continuity in mineralogy and grade, with several high-grade zones identified [9] Geological Context - The largest pegmatite outcrop at the Anais showing has been extended to over 170 meters in strike length and remains open in all directions [8] - The host rocks consist of greywacke and amphibolite, with pervasive lithium alteration observed, suggesting significant lithium-bearing fluids along the deformation corridor [10] Future Plans - A maiden resource estimate for the Mirage project is forthcoming, alongside an inaugural drill campaign in Greenland and other growth opportunities [4] - A geometallurgical study is underway, with results expected in early 2026 [11]
LIFT Announces Results of Exploration Activities at the Cali Lithium Project, NWT
Newsfile· 2025-10-16 07:05
Core Insights - LiFT Power Ltd. announced the results of exploration activities at the Cali Lithium Project, indicating significant progress in understanding the project's economic potential [1][21] - The exploration program in 2025 builds on previous work, focusing on systematic channel sampling and mapping to gather data on lithium grades and metallurgical recovery [3][19] Group 1: Project Overview - The Cali Lithium Project is located in the Northwest Territories, Canada, within the Little Nahanni Pegmatite Group, featuring a 13 km long corridor of spodumene pegmatite dykes [2][21] - In 2023, geological mapping and sampling were conducted, identifying a strong spodumene mineralization area of approximately 1 km by 1.5 km [2][10] Group 2: 2025 Exploration Results - A total of 43 rock samples were collected in 2025, with 24 channels cut, yielding 187 one-metre samples, and channel samples were taken from both outcrop and frost-shattered subcrop [9][10] - The 2025 work area showed promising results, with 17 out of 19 channels returning grades above 0.8% Li₂O, including a highlight of 1.9% Li₂O over 21 consecutive metres [10][19] Group 3: New Discoveries - The exploration confirmed six new spodumene-bearing pegmatites in the northwest extension, adding 3 km to the previously defined corridor, with a minimum width of 400 m [12][19] - In the NW-01 area, 23 out of 34 rock samples returned grades above 1.0% Li₂O, with a peak grade of 2.9% Li₂O [13][19] Group 4: Future Plans - The company aims to integrate channeling, metallurgical testing, and extensive prospecting to advance the understanding of the Cali Lithium Project and position it for potential future resource delineation [19][21]
Surge Announces Closing of Financing and Strategic Investor
Newsfile· 2025-10-15 13:00
West Vancouver, British Columbia--(Newsfile Corp. - October 15, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") announces that it has closed a non-brokered private placement financing offering of 1,851,852 units ("Units") at a price of $0.27 per Unit for gross proceeds of $500,000.Each Unit is comprised of one common share and one share purchase warrant ("Warrant"). Each Warrant will entitle the holder thereof to purchase one additional common share of t ...
Surge Battery Metals Announces Financing
Newsfile· 2025-10-10 20:38
Core Viewpoint - Surge Battery Metals Inc. is conducting a non-brokered private placement of 1,851,852 units at a price of $0.27 per unit, aiming to raise gross proceeds of $500,000 to support general working capital [1][2]. Company Overview - Surge Battery Metals is a Canadian mineral exploration company focused on securing domestic lithium supply through its Nevada North Lithium Project, which is essential for electric vehicle production [4]. - The company is listed on the TSX Venture Exchange in Canada and the OTCQX Market in the US, positioning itself as a key player in lithium exploration and contributing to the sustainable future of the electric vehicle industry [4]. Nevada North Lithium Project - The Nevada North Lithium Project is located in the Granite Range, southeast of Jackpot, Nevada, and has identified a mineralized zone of lithium-bearing clays over a strike length of more than 4,300 meters and a width exceeding 1,500 meters [5]. - The project has an inferred resource of approximately 8.65 million tonnes of Lithium Carbonate Equivalent (LCE) with a grade of 2,951 ppm Li at a cutoff of 1,250 ppm [5].
Brunswick Exploration Discovers Additional Spodumene Pegmatites in Paamiut, Greenland
Globenewswire· 2025-09-29 11:00
Core Insights - Brunswick Exploration Inc. has confirmed a historical spodumene pegmatite and discovered a second one at its Paamiut project in Greenland, making it the only company actively exploring for lithium in the region [1][2][3] Project Developments - The confirmed spodumene pegmatites at the Paamiut project are located approximately 26 kilometers from the coastal community of Paamiut, within a large shear zone in a greenstone belt measuring roughly 10 kilometers by 2 kilometers [3] - The pegmatites are approximately 3-6 meters wide and 40-60 meters long, with lithium mineralization primarily consisting of spodumene, which varies from 5-30% [4] - The company is planning a maiden drill program at the Nuuk project, alongside ongoing exploration at the Anatacau Main project and a forthcoming resource estimate at the Mirage project in Quebec [2][5] Exploration Strategy - During the summer campaign, the exploration team completed first-pass prospecting on all western Greenland licenses while advancing both Nuuk and Paamiut projects [5] - The company has not identified additional spodumene discoveries outside of the Nuuk and Paamiut areas during this period [5] Corporate Update - Mr. Mathieu Savard has resigned as a director to focus on his role as CEO of Vior Inc., and the company expressed gratitude for his contributions [6]
Surge Commences Fall Drilling Program
Newsfile· 2025-09-25 11:00
Core Insights - Surge Battery Metals Inc. has commenced its fall core drilling program at the Nevada North Lithium Project, marking a significant step towards advancing the project to the Pre-Feasibility Study (PFS) stage [1][4] - The drilling program will involve 4,500 feet (1,370 meters) of drilling across 9 holes, with the first 5 holes on private lands and the remaining 4 on public lands [2] - The goals of the 2025 drill program include upgrading the resource to Indicated and Measured categories and collecting geotechnical and hydrogeological data [3] Company Overview - Surge Battery Metals is a Canadian mineral exploration company focused on securing domestic lithium supply through its Nevada North Lithium Project, which is crucial for electric vehicle production [5] - The company is listed on the TSX Venture Exchange in Canada and the OTCQX Market in the US, positioning it as a key player in lithium exploration [5] Nevada North Lithium Project Details - The Nevada North Lithium Project is located in the Granite Range, southeast of Jackpot, Nevada, and has identified a mineralized zone of lithium-bearing clays with a strike length of over 4,300 meters and a width greater than 1,500 meters [6] - The project has an Inferred Resource of approximately 8.65 million tons of Lithium Carbonate Equivalent (LCE) with a grade of 2,955 ppm Li at a cutoff of 1,250 ppm [6] - A recently completed Preliminary Economic Assessment (PEA) reported an after-tax NPV at 8% of US $9.17 billion and an after-tax IRR of 22.8% at a lithium price of $24,000 per ton [6]
Surge Battery Metals Announces Non-Brokered LIFE Offering is Fully Subscribed
Newsfile· 2025-09-18 20:31
Core Viewpoint - Surge Battery Metals Inc. has successfully completed its non-brokered private placement offering, raising a total of $5,000,000 through the sale of 20,000,000 units at a price of $0.25 per unit, which includes common shares and purchase warrants [1][4]. Group 1: Offering Details - The LIFE Offering consists of 20,000,000 units priced at $0.25 each, generating gross proceeds of $5,000,000 [1]. - Each unit includes one common share and one warrant, with the warrant allowing the purchase of an additional common share at $0.40 for three years [1]. - The closing of the offering is expected around October 7, 2025, pending approval from the TSX Venture Exchange [3]. Group 2: Purpose and Use of Proceeds - Proceeds from the LIFE Offering will support funding commitments related to a Joint Venture with Evolution Mining Limited for the Nevada North Lithium Project [4]. - The offering aims to enhance the company's balance sheet and provide working capital flexibility for ongoing discussions with Evolution and new project opportunities [4]. Group 3: Company Overview - Surge Battery Metals Inc. is focused on securing domestic lithium supply through its engagement in the Nevada North Lithium Project, which is essential for electric vehicle production [6]. - The company is listed on the TSX Venture Exchange in Canada and the OTCQX Market in the US, positioning itself as a key player in lithium exploration [6].