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NILI or NILIF 12 cents today 100 billion plus in Lithium in nothern Nevada? not far from Lac's (35,00 per share price )Thacker Pass lithium deposit has a grade of 3000ppm

2 beds 1700 metres by 300 to 400 metres wide

already drilled down 160 metres

stock price close today .12 cents

rags to riches

assays pending and most likely out next week sometime

nili has 4500ppm grades already from drill hole 1



SURGE BATTERY METALS CONFIRMS HIGH GRADE LITHIUM DISCOVERY IN FIRST DRILL HOLE AT NEVADA NORTH PROJECT

The first hole of an eight-hole reverse circulation drill program has confirmed the potential for a high-grade lithium deposit existing at Surge Battery Metals Inc.'s Nevada North lithium project located north of Wells, Nev.

Six representative and randomly selected samples of silty clay, taken from varying depths in drill hole NN22-01, range from a low of 1,790 parts per million to a high of 4,500 ppm lithium (average 3,093 ppm lithium). Full drill results will be announced once received from the lab, expected in two to three weeks.

Lithium sample results vertical drill hole NN22-01, total depth of 82.3 metres (270 feet):

3,170 ppm from three m to 4.6 m (10 ft to 15 ft); tan clay with fine tuff sand;
4,500 ppm from 9.1 m to 10.7 m (30 ft to 35 ft); blue-green silty clay;
1,790 ppm from 16.8 m to 18.3 m (55 ft to 60 ft); blue-green silty clay;
1,990 ppm from 59.5 m to 61 m (195 ft to 200 ft); dark blue-grey silty clay;
2,980 ppm from 61 m to 62.5 m (200 ft to 205 ft); dark blue-grey silty clay;
4,130 ppm from 62.5 m to 64 m (205 ft to 210 ft); dark blue-grey silty clay.
Initial results from drill hole NN22-01 confirm that significant surface lithium soil values of up to 5,120 ppm lithium also continue to a depth of over 64 m (200 ft). Drilling in all holes encountered similar silty clay units ranging in drilled depths of up to 91.5 m (300 ft) in most holes and up to a depth of 160 m (525 ft) in drill hole NN22-07.

The maiden drilling program was implemented to test an area of about 1,700 metres east-west occurring in two bands, each about 300 to 400 metres wide, that outlined a highly anomalous zone containing abundant sample points greater than 1,000 ppm lithium.

Greg Reimer, company president and chief executive officer, states: "The initial drill sample results have confirmed that highly anomalous lithium values persist to depth in the silty clay unit that appears to underlie the better soil values observed in samples collected last year and earlier this summer.

"Our maiden drilling program has identified significant potential for a lithium deposit in an area of northern Nevada not previously recognized for its lithium potential. We look forward to seeing the completed assay results from the eight-hole program as they are received over the next few weeks. The company plans to continue work at this exciting new discovery in the months ahead and we are well financed to do so."

Drilling utilized a buggy-mounted system provided by O'Keefe Drilling Company of Butte, Mont. Site preparation and water handling were provided by Legarza Exploration of Elko, Nev. Drill cuttings were collected on five-foot intervals and bagged at the drill site by O'Keefe staff. Samples were collected from the site by the Surge project geologist and delivered to the ALS Global sample preparation facility in Twin Falls, Idaho. Samples were dried, crushed and pulverized at the Twin Falls facility and sent to other ALS laboratories for analysis. Samples were assayed using the ALS ICP-41 method using an aqua regia leach followed by inductively coupled plasma optical emission spectrography. The detection level of lithium by this method is 10 to 10,000 ppm. Complete results are pending.