An update from Surge Exploration Inc ( (TSE:NILI) ) is now available.
Surge Battery Metals Inc. has received approval from the Bureau of Land Management for its Exploration Plan of Operations at the Nevada North Lithium Project, marking a significant permitting milestone. This approval allows for expanded exploration activities over 250 acres, enabling the construction of new infrastructure and comprehensive exploration activities, including mineral exploration, hydrogeologic investigations, and geotechnical studies. The company is committed to environmental protection and plans to conduct reclamation activities concurrently with exploration. This development positions Surge to advance its drilling plans and update its Mineral Resource Estimate by late 2025.
More about Surge Exploration Inc
Surge Battery Metals Inc. is a Canadian-based mineral exploration company focused on securing domestic lithium supply through the Nevada North Lithium Project. The company is engaged in exploring high-grade lithium energy metals in Nevada, USA, which are crucial for powering electric vehicles. Surge Battery Metals is listed on the TSX Venture Exchange in Canada and the OTCQX Market in the US.
YTD Price Performance: -2.78%
Average Trading Volume: 186,505
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$57.76M
For detailed information about NILI stock, go to TipRanks’ Stock Analysis page.