Surge Battery Metals: JV with Evolution Mining & PFS Update | Graham Harris

Surge Battery Metals: JV with Evolution Mining & PFS Update | Graham Harris

Author: rockstockchannel September 30, 2025 Duration: 22:29
In this episode, we (Howard & Rodney) sit down again with Graham Harris, Chairman of Surge Battery Metals (TSXV: NILI | OTC: NILIF), for a focused update on the Nevada North Lithium Project (NNLP) and recent corporate developments relevant to retail investors. We cover: - Project Update & PEA Context: A brief recap of the June PEA and how the current workstream is geared toward the upcoming Pre-Feasibility Study (PFS).- Exploration & By-Products: Why the team is now assaying for rubidium and cesium, how those tests fit into the 9-hole fall drill program, and what would be required for any by-product economics to matter.- Drill Program & Timeline: The fall infill program (targeting high-grade zones, ~600 ft depths) aimed at upgrading resources for the PFS, with drilling expected to wrap late Oct/early Nov (weather permitting).- Land & Water Access: New LOI/MOU elements around private land access and water rights with Salmon River, plus ongoing collaboration to balance hydrology, grazing, and project needs.- Consolidation of Ground: Closing the remaining Texas Spring claims to improve siting options for future infrastructure.- Evolution Mining LOI: A non-binding JV framework to consolidate mineral interests and fund PFS activities, subject to final structure/tax work and definitive agreements.- Balance Sheet & Funding: A C$5M financing (closing Oct 5, no JV close condition), ~C$7M cash balance, and expectations that PFS costs are funded by the prospective JV partner.- Sector Backdrop: Market reaction to recent Lithium Americas headlines and broader U.S. policy signals around domestic critical minerals—and what that could mean for Nevada sedimentary lithium projects. Why watch: If you follow early-stage lithium developers, this conversation provides clear milestones to track—assay scope expansion, infill drilling results, permitting/de-risking steps, JV finalization, and the path to PFS. Tickers Mentioned:Surge Battery Metals — TSXV: NILI | OTC: NILIFLithium Americas — NYSE/TSX: LAC (context) Key Topics for Search & Discovery:lithium stocks, Nevada lithium, clay-hosted lithium, Surge Battery Metals NILI NILIF, Evolution Mining JV, lithium PEA vs PFS, rubidium cesium by-products, mining water rights Nevada, retail investor lithium, critical minerals policy USA Chapters: See timestamps in the video for: company update, by-product assays, drill program, land & water agreements, Evolution LOI, financing, and sector context. Learn more about Surge Battery Metals (NILI):- Website: https://surgebatterymetals.com/- X (Twitter): https://x.com/SurgeBattery- LinkedIn: https://www.linkedin.com/company/surge-battery-metals-inc/ If you found this content valuable, don't forget to like, subscribe and comment! 📖 Chapters(00:00) Introduction(03:07) Rubidium and Cesium Results(04:16) Byproduct Potential(04:54) Texas Spring Claims Acquisition(05:56) Land and Water Agreements(08:55) Drill Program & PFS Timeline(10:44) Evolution JV Terms(13:15) Evolution Partnership Benefits(15:20) Capital Raise & Funding Status(17:09) U.S. Critical Minerals Support(20:40) Surge's Positioning & PFS Goals 🌍 Links - Read Matt’s research blog: https://blog.rkequity.com/- Sign up for the Lithium-Ion Bull newsletter: https://rkequity.com/- Learn more about USCF: https://www.uscfinvestments.com/- Learn more about Lithium Royalty Corp: https://www.lithiumroyaltycorp.com/ Patreon: https://www.patreon.com/rockstockchannelPodcast:  Apple Podcast: https://podcasts.apple.com/us/podcast/lithium-ion-rocks/id1457969172  Spotify: https://open.spotify.com/show/0KiMIZOPaDg8ENfPJMSINqX (Twitter):  Howard: https://x.com/LithiumIonBull  Rodney: https://x.com/RodneyHooper13  Matt: https://x.com/matt_fernley _________________________________________________ DISCLAIMER NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH Rodney and Howard are not financial advisors nor broker-dealers, this video is for information purposes only and should not b

Tune into Rock Stock Channel for a clear-eyed look at the investment landscape being reshaped by our electrified future. Hosts Howard, Rodney, and Matt steer conversations away from surface-level hype, focusing instead on the foundational materials that make this transition possible. Each episode connects you directly with the people on the ground-major project developers and seasoned analysts-who break down the realities and complexities of sourcing critical minerals. Their in-depth discussions delve into the markets for lithium, battery metals, and rare earths, while also exploring a wider range of specialty commodities essential to modern technology. This isn't about fleeting stock tips; it's about understanding the entire supply chain, from geological challenges to geopolitical factors, that defines the critical minerals thematic. For anyone interested in the tangible business of building a sustainable economy, this podcast offers essential context and expert insight you won't find in mainstream financial commentary. Listen to Rock Stock Channel to ground your perspective in the expertise of those defining the new resource economy.
Author: Language: English Episodes: 100

Rock Stock Channel
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