Mineral Resource Estimate
High Grade, Higher Confidence
The updated Mineral Resource Estimate, effective 1 May 2026 and prepared by RESPEC, converted approximately 87% of the prior mine plan pit volume into the higher-confidence Measured and Indicated categories.
Plan View & Sections - Upgraded MRE at the NNLP with a 1,250ppm Li cutoff
From Clay to Battery-Grade Lithium
Bench-scale test work has taken Nevada North material through a continuous flowsheet, from run-of-mine ore to a refined battery-grade product, using conventional unit operations.
Development Timeline
Path to a Construction Decision
We are transitioning from resource expansion to advanced engineering. The data collected in the 2025 program is the foundation for our upcoming bankable studies.

Timeline reflects standard agency-review schedule. Pre-FID capital deployed across Stages 1–3 supports Pre-Feasibility, Definitive Feasibility, and Federal and State permitting (NEPA) activities, culminating in Record of Decision (ROD) and Final Investment Decision (FID).

Resource Upgrade (Completed)
The updated MRE delivered 10.5 Mt LCE in the Measured & Indicated categories at 3,007 ppm Li. An 87% conversion of the original PEA pit volume into higher-confidence resource categories.
Metallurgy (Completed, September 2026)
Bench-scale test work produced a battery-grade product at 99.95% Li₂CO₃ from Project material, with lithium extraction above 93% in sulfuric acid leaching.
Pre-Feasibility Study (Q4 2026)
Led by Fluor Corporation with Kemetco, IMC and Call & Nicholas, the Pre-Feasibility Study is targeted for Q4 2026, with an NI 43-101 technical report to follow.
"This resource update is a watershed moment for Surge and our joint venture partners at Evolution Mining.
Delivering over 10.5 million tonnes of LCE into the Measured and Indicated category at grades exceeding 3,000 ppm Li places Nevada North in a league of its own."
– Greg Reimer, President & CEO, Surge Battery Metals
Why Domestic Lithium Matters
Surge Battery Metals (TSXV: NILI) is developing a high-grade lithium claystone deposit that ranks among the highest grades reported for lithium claystone projects in the United States. Located in Elko County, the Nevada North Lithium Project (NNLP) is being advanced as a potential long-term domestic source of lithium.
























