Inside Surge Battery Metals: Graham Harris on Recent Successes

Graham Harris Discusses Recent Developments, High-Grade Lithium Discoveries, and Future Prospects for Surge Battery Metals

Editorial Team (ET)October 23, 2025

The Rock Stock Channel featured the latest installment of their "Getting to Know You" series, presenting an engaging update from Graham Harris, chairman of Surge Battery Metals. Surge Battery Metals, a company focused on sediment lithium exploration in Nevada, has shown notable progress in recent weeks.

Surge Battery Metals Overview

Surge Battery Metals is listed on the Toronto Venture Exchange under the ticker symbol NILI and on the USOTC with the ticker symbol NILIF. The company has been making significant strides in the lithium exploration sector, particularly in Nevada. With recent positive exploration results, Surge Battery Metals is positioned for potential growth and development.

It is essential to note that neither Rodney Hooper nor Howard Klein, hosts of the Rock Stock Channel, are strategic advisors to or invested in Surge Battery Metals. They are not financial advisors, and nothing in the interview should be considered investment advice. Viewers are encouraged to conduct their own research.

Graham Harris, the chairman of Surge Battery Metals, has a long history in the lithium sector. Known since 2016, Harris previously chaired Millennial Lithium, which developed the Pastos Grandes brine project in Argentina. This project was eventually acquired by Lithium Americas for over $400 million. Harris's experience and connections, including technical advisors Vijay Mehta and Iain Scarr, who now advise Surge, bring valuable expertise to Surge Battery Metals.

Recent Developments and Drilling Program

Surge Battery Metals' stock is currently priced at approximately 34.5 Canadian cents, down slightly from 41 cents in April. This decline aligns with the general bear market sentiment for lithium equities. The company’s market capitalization stands at 57 million Canadian dollars, or about 42 million US dollars. As of the last quarterly filing, Surge reported approximately 5 million Canadian dollars on its balance sheet.

Surge Battery Metals maintains an active presence on social media. They can be followed on X (formerly Twitter) at @SurgeBattery and on LinkedIn. Additional information and an email signup are available on their website at sirbatterymetals.com. The Rock Stock Channel encourages viewers to subscribe, like, and comment on their videos, and to hit the notification bell for updates.

Key Points from the Interview with Graham Harris

Rodney Hooper, co-host of the Rock Stock Channel, started the interview by discussing recent developments with Graham Harris. Boart Longyear was engaged to conduct an eight-hole RC drill program. Harris provided a refresher on the current mineral resource estimate, emphasizing the significant strides made in recent months.

Harris highlighted the discovery of a high-grade lithium asset in Northeast Nevada, boasting a maiden resource of 4.7 million tons of high-grade lithium at approximately 2,800 ppm. The recent drilling program, along with a surface access agreement with the SRCA, has expanded their exploration area significantly. The initial four holes have shown strong mineralization, and the company plans to update its resource estimate in September.

The SRCA agreement has granted Surge access to additional drilling areas, particularly to the west and south of their current operations. This expansion includes about 14,000 acres, with 800 acres controlled by the Salmon River people. Evolution Mining holds 75% of the mineral rights on this land. Initial drilling results indicate strong mineralization, with further results expected soon.

One of the most significant findings from the recent drilling program is the high-grade lithium located near the surface. This is expected to positively impact the economics of their mining operations. The company is currently working on a Preliminary Economic Assessment (PEA), with results anticipated by December.

Harris also discussed the company’s commitment to eco-friendly mining methods. Surge plans to use an open-pit cut-and-fill method, which minimizes environmental disturbance by processing smaller sections at a time and backfilling as they proceed. This approach is designed to reduce the overall impact on the land.

The interview confirmed that Surge Battery Metals is on track with its PEA, having contracted M3 Engineering for the project. The updated resource estimate, expected in September, will be incorporated into the PEA. The successful completion of the recent drilling program has kept the company on schedule for the December release.

Market Dynamics and Future Prospects

Discussing the broader market, Harris noted the volatility of lithium prices. Despite this, there is continued investment interest in Surge’s project. While acquisition interest is not yet prominent, strategic investments are being sought to minimize dilution and support the next phase of development.

Howard Klein, co-host of the Rock Stock Channel, brought up the current political climate in the US and its impact on the lithium industry. Harris highlighted the bipartisan support for job creation, particularly in Nevada. He emphasized the importance of domestic lithium production and the potential of Surge’s project to contribute significantly to this supply.

Harris also discussed the challenges and opportunities related to domestic lithium supply. He expressed confidence in Surge’s ability to meet future demand, given the quality of their asset and the strategic support from political and industry stakeholders.

Conclusion

In conclusion, Surge Battery Metals is making substantial progress in lithium exploration, particularly with its high-grade, near-surface lithium assets in Nevada. The company’s strategic drilling programs, commitment to eco-friendly mining methods, and upcoming economic assessments position it well for future growth. Despite current market volatility, Surge Battery Metals remains a promising player in the lithium industry.

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