Surge Battery Metals Inc (OTCMKTS:NILIF) Stock Continues to Move Higher

On Thursday Surge Battery Metals Inc (OTCMKTS:NILIF) was in focus after it announced that it had decided to engage the services of the environmental consultants NewFields Companies LLC. NewFields is based out of Atlanta, Georgia and would be tasked with initiating the headline data collection and permitting process necessary for the preparation of the Exploration Plan of Operations and Reclamation Plan.

Trading Data

On Thursday, NILIF stock jumped 1.45% to $0.1973 with more than 69.40K shares, compared to its average volume of 95.19K shares. The stock moved within a range of $0.1900 – 0.2003 after opening trading at $0.1945.

Surge Battery Metals Underway with Preparation of an Exploration Plan of Operations and a Reclamation Plan for the Nevada North Lithium Project

This brings us to the subject of the Nevada North Lithium Project, which has a boundary that encompasses around 4785 acres of land administered by the Bureau of Land Management. In this regard, it ought to be noted that Surge Battery Metals has been conducting exploration in the area under the auspices of a Notice of Intent.

The Notice of Intent allows the company disturb as much as 5 acres of land with current reclamation. The company announced yesterday that the results from the exploration activities thus far have been promising and it was also noted that Surge Battery Metals was also working on the possibility of further expanding its exploration work in the area. NewFields was recruited by the company to figure out the scope of the work that faces the company with regards to environmental issues that may crop up.