Surge Announces Positive Pre-Feasibility Study at Nevada North: After-Tax NPV8% of US$9.81 Billion, After-Tax IRR of 23.6% and Operating Cost of US$4,719/tonne Lithium Carbonate

West Vancouver, British Columbia–(Newsfile Corp. – October 2, 2026) – Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (“Surge” or the “Company”) is pleased to announce the results of the Pre-Feasibility Study (“PFS”) for the Nevada North Lithium Project (“NNLP”, “Nevada North” or the “Project”) located in Elko County, Nevada. The Project is held by Nevada North Lithium LLC (“NNL”), a joint venture owned 67.5% by Surge and 32.5% by Evolution Mining Limited (“Evolution Mining”)….

Source: https://www.newsfilecorp.com/release/317166/Surge-Announces-Positive-PreFeasibility-Study-at-Nevada-North-AfterTax-NPV8-of-US9.81-Billion-AfterTax-IRR-of-23.6-and-Operating-Cost-of-US4719tonne-Lithium-Carbonate