Gold and copper giant Evolution Mining has a lithium connection.
Who knew?
Surge Battery Metals (TSX-V:NILI) is advancing its Nevada North Lithium Project in the US following a positive Prefeasibility Study (PFS) outlining an after-tax net present value of US$9.81 billion ($13.9 billion).
President and CEO Greg Reimer joined us on the floor at IMARC 2026 in Sydney to unpack the study, the company’s Australian connection, and its next development milestones.
Key topics discussed:
- Big numbers: The PFS outlined a 23.6% after-tax internal rate of return and 4.2-year payback period, alongside a proposed 42-year mine life
- The Evolution connection: Australia’s Evolution Mining (ASX:EVN) holds a 32.5% interest in Nevada North
- Beyond the PFS: Drilling is supporting further metallurgical test work and flowsheet optimisation as the project progresses towards a Feasibility Study
- Next steps: Permitting preparations and engineering work are helping shape Nevada North’s development pathway.
About the guest and company:
Greg Reimer is the president and CEO of Surge Battery Metals, a Canadian-listed company advancing the clay-hosted Nevada North Lithium Project in Elko County. The project is held through a joint venture with Evolution Mining and is progressing towards further feasibility studies and permitting.
Watch the full interview.
