| Disseminated on behalf of Surge Battery Metals 
(TSXV: NILI | OTCQX: NILIF) | | | This Is How a Discovery Becomes a World-Class Deposit |
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| And it's happening right now, in the heart of Nevada. | Dear Reader, | In the natural resource sector, there are moments that change everything for a company. | It's the moment a project's potential size suddenly doubles. It's the moment drill results come back not just good, but spectacular. | It's the moment a discovery becomes a monster. | For Surge Battery Metals (TSXV: NILI | OTCQX: NILIF), that moment may have just arrived. | This week, the company announced the second and final batch of results from its 2025 drill program. And the numbers are, in our view, stunning. | This comes just days after the company announced a massive 640-meter step-out that hit 4,196 ppm lithium. | Now, with this final batch of infill drilling, they've confirmed the high-grade core with what may be one of the best intercepts to date: | A cumulative thickness of 116 meters (381 ft) averaging 3,752 ppm Lithium, including a high-grade upper zone of 32.1 meters (105 ft) grading 4,521 ppm Li. | Let me put that in perspective. | That peak grade of 4,521 ppm is approximately 50% higher than the project's current resource average grade of 3,010 ppm lithium — itself already one of the highest average grades among lithium clay projects in the United States. | This intercept wasn't a wildcat step-out. It was an infill hole, designed to confirm the continuity of the high-grade core. And it delivered in spectacular fashion. | This isn't just an extension. It's a potential game-changer for the entire project. | See the official press release with the full drill results here. | As CEO Greg Reimer stated in the news release: | "This infill drilling is doing exactly what it was designed to do: upgrade the resource, confirm continuity of some of our best lithium intercepts and de‑risk the early years of a potential mine plan at Nevada North. Coupled with a robust PEA economic profile, we believe Nevada North is strongly positioned as we move forward with the development of our PFS. We look forward to updating the Mineral Resource Estimate as our next key milestone". | This is the key takeaway for investors. The deposit is not only bigger than previously modeled, but the grades appear to be getting higher as they step further out. | The system remains open to the south and the east, with no boundary yet established by drilling. | This is what a tier-one asset looks like in the making. | And the timing could not be more significant. Lithium prices have surged over 50% since mid-December, driven by tightening supply out of China and strengthening global demand. Morgan Stanley now projects a global lithium supply deficit of 80,000 metric tons in 2026. The U.S. government has mobilized over $30 billion in loans, grants, and purchase agreements to fast-track domestic critical mineral production. Washington is actively looking for exactly the kind of large, high-grade, American lithium asset that Surge appears to be building. | And these results are not an anomaly. The entire 9-hole program was a success, with other key intercepts including: | 116 meters of 3,752 ppm Li, including 32.1m of 4,521 ppm Li (Hole NNL-030) 82.3 meters of 3,664 ppm Li, including 16.8m of 4,081 ppm Li (Hole NNL-032) 78.6 meters of 3,141 ppm Li, including a deep zone of 9.4m of 4,580 ppm Li (Hole NNL-036)
| These results provide the critical data needed to upgrade the project's resource from the Inferred category to Indicated and Measured—a crucial step for the upcoming Pre-Feasibility Study (PFS) being led by Fortune 500 firm Fluor Corporation. | See the project that just keeps getting bigger and better. | If you're not yet familiar with Surge, here's the quick picture. The company's Nevada North Lithium Project already has a Preliminary Economic Assessment estimating an after-tax Net Present Value of US$9.17 billion. It has attracted a joint venture partnership with Evolution Mining, a $19 billion Australian mining giant, which is funding the current PFS. And that PFS is now being led by Fluor Corporation, a Fortune 500 engineering firm with over 30,000 employees that builds some of the largest mines and energy projects on the planet. This is not a company operating in a vacuum. | In a market that is hungry for large, high-grade, scalable lithium projects located in safe domestic jurisdictions, we believe Surge Battery Metals is checking every box. | The company is delivering exactly what the market wants to see: consistent, high-grade results that continue to expand the footprint of an already-massive lithium deposit. | With the data from this program, the company is now on a clear path toward its PFS, a major de-risking milestone on the road to potential production. | We believe these results are a major catalyst and put Surge Battery Metals firmly on the map as one of the most exciting lithium exploration stories in North America. | To your financial freedom, | Kiyosaki's Money, Power and Profit | P.S. The best exploration stories are the ones that deliver consistent, positive surprises. First, a massive step-out hit. Now, infill drilling returning some of the thickest and highest-grade intercepts to date, including 116 meters of 3,752 ppm lithium. Read the latest press release and see the new data for yourself. | | | | IMPORTANT DISCLAIMER: Freedom Financial Research, LLC, as a publisher, is not a broker, investment advisor, or financial advisor in any jurisdiction. Please do not rely on the information presented by Freedom Financial Research, LLC as personal investment advice. If you need personal investment advice, kindly reach out to a qualified and registered broker, investment advisor, or financial advisor. This communication is to bring interesting ideas to the attention of our audience. The communications from Freedom Financial Research, LLC should not form the basis of your investment decisions. Examples we provide regarding share price increases related to specific companies are based on randomly selected time periods and should not be taken as an indicator or predictor of future stock prices for those companies. | Surge Battery Metals Inc. has not reviewed nor sponsored this article. The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom. Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. 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