Surge Announces Positive Pre-Feasibility Study at Nevada North Lithium Project
Surge Battery Metals Inc. announced a positive Pre-Feasibility Study for its Nevada North Lithium Project, reporting an after-tax NPV8% of US$9.81 billion, an after-tax IRR of 23.6%, and an operating cost of US$4,719/tonne lithium carbonate. The study indicates a faster 4.2-year payback over a 42-year mine life, improving upon previous estimates.
Surge Battery Metals Inc. 2-year payback over a 42-year mine life. The company said the study was released October 2, 2026. Surge Battery Metals trades on TSXV as NILI, on OTCQX as NILIF and on FSE as DJ5.